Rap Basement

Dame Dash

Dame Dash Owes over 2 MILLION in Taxes

Posted By on November 19, 2007

Ex Roc Leader, Rap mogul, and former Jay-Z business partner Damon Dash owes the state of New York over $2 million in taxes.

According to the New York Post, the former CEO and co-founder of Roc-A-Fella Records lays claim to an estimated $50 million fortune but has come up short on his tax payments.

Some of the 36-year old's possessions include a $400,000 Maybach sedan with a chauffeur, several diamond-encrusted watches and over 1,000 pairs of sneakers.

As we previously reported, Dash filed a multi-million dollar lawsuit against his accountant in April for submitting several years of erroneous tax returns on his behalf.

On the music front, Dash recently hosted the new Jim Jones mixtape "Harlem's American Gangster," a jab at Jay-Z's American Gangster, an album inspired by the hustler biopic of the same name.