Dame Dash Claims He Only Made $5000 In 2022, Asks To Reduce Child Support Payments

BYAron A.973 Views
Link Copied to Clipboard!
dame dash rachel roy
Damon Dash and Rachel Roy during Olympus Fashion Week Fall 2006 - J. Mendel - Front Row and Backstage at Bryant Park in New York City, New York, United States. (Photo by Lisa Mauceri/FilmMagic)
However, Rachel Roy isn't buying it.

Dame Dash has high hopes that a judge will allow him to reduce his child support payments after revealing his 2022 income. According to TMZ, the Roc-A-Fella co-founder filed documents in his custody case with his ex-wife, Rachel Roy, who he shares a daughter with, claiming that he can’t afford the current amount. He revealed that right now, he could only afford to cough up $428 monthly. Ultimately, it boils down to his annual income, which he says isn’t as high as he’d hoped for it to be.

Although we know Dame Dash to be a hustler, he explained that he’s hardly generating income. He explained that it’s largely because he’s embarked on several business ventures over the past few years, though they haven’t necessarily panned out in the way that he’d hoped. At one point, he revealed his annual income in 2022 was just a little over $5,000. In fact, he said that he didn’t make any more than $5,140 that year. Dame Dash explained that he was hit by the pandemic and hardly recovered since then.

Read More:

Rachel Roy Responds

Rachel Roy and Damon Dash during GQ Magazine Celebrates BVLGARI's New Ergon Watch with "The Men Who Embody New York Spirit and Style" at Table 50 in New York City, New York, United States. (Photo by Johnny Nunez/WireImage)

$428 is a significant change from the $3000 he’s currently paying Rachel Roy. However, she isn’t necessarily buying his argument. In response to his court filing, Roy explained that he still has a stake in Roc-A-Fella Records, which should continue to provide him with a solid income. Meanwhile, she added that he has other businesses that he’s yet to disclose to the public. So far, a judge has yet to make a ruling on Dame’s request or Roy’s response. We’ll keep you posted on anymore updates.

Interestingly enough, the topic of his ownership in Roc-A-Fella surfaced just weeks before. During an interview with The GAUDS Show, Dash said that he’s taking back Roc-A-Fella. “Roc-A-Fella never dies. It’s not dead; I just fuckin’ took a vacation. I’m the CEO of Roc-A-Fella Inc. and JAY-Z knows it, and so does Biggs. Not Roc-A-Fella LLC — we sold that; Roc-A-Fella Inc. — I’m still the CEO,” he said. His comments came a few years after his alleged attempt to sell his stake in Roc-A-Fella and Jay-Z’s Reasonable Doubt album as an NFT.

[Via]

About The Author
Aron A.
Aron A. is a features editor for HotNewHipHop. Beginning his tenure at HotNewHipHop in July 2017, he has comprehensively documented the biggest stories in the culture over the past few years. Throughout his time, Aron’s helped introduce a number of buzzing up-and-coming artists to our audience, identifying regional trends and highlighting hip-hop from across the globe. As a Canadian-based music journalist, he has also made a concerted effort to put spotlights on artists hailing from North of the border as part of Rise & Grind, the weekly interview series that he created and launched in 2021. Aron also broke a number of stories through his extensive interviews with beloved figures in the culture. These include industry vets (Quality Control co-founder Kevin "Coach K" Lee, Wayno Clark), definitive producers (DJ Paul, Hit-Boy, Zaytoven), cultural disruptors (Soulja Boy), lyrical heavyweights (Pusha T, Styles P, Danny Brown), cultural pioneers (Dapper Dan, Big Daddy Kane), and the next generation of stars (Lil Durk, Latto, Fivio Foreign, Denzel Curry). Aron also penned cover stories with the likes of Rick Ross, Central Cee, Moneybagg Yo, Vince Staples, and Bobby Shmurda.
...