Rap Basement

Scott Storch

Scott Storch Puts His $20 Million Dollar Yacht On eBay For $600k

Posted By on March 17, 2008

Even though he makes millions by producing tracks for such artists as 50 Cent, Fat Joe, Lil' Wayne, Beyonce and other huge artists, there have been rumors in the past that Scott Storch is been having money problems. In January of 06', when Forbes placed Storch's income at $17 million for the year ($1.4 million a month), Scott Storchs' baby's mother, Dalene Daniel, took him to court claiming he was two months behind on his $7,500 a month child support payments, also saying he was bouncing checks. The New York Post then printed a story saying Storch owed $435,602 in back taxes for his house in Miami and that he also never paid for a $7,500 painting he had in the home, prompting a gallery owner to reclaim the artwork.

TMZ is reporting that mega-super-producer Scott Storch recently put his yacht, that he paid $20 million dollars for, up for sale on eBay for a cheap $600,000. TMZ reports that the low asking price is because the "owner bought her and got short on money."