We should all familiar with once famed producer Scott Storch who wrote hits for many of our favs like Justin Timberlake's "Cry Me A River", Terror Squad's "Lean Back", Chris Brown's "Run It" and The Roots "You Got Me" featuring Erykah Badu just to name a few. Well with hits like these from the past you'd think Storch was raking in the dollars from royalties (he probably sold long ago OR taken as an asset) at least but these days the producer is calling himself broke and blaming drugs for his $700 million demise per TMZ.
Scott Storch -- the famed music producer who produced tracks for Christina Aguilera, Justin Timberlake, Beyonce and a slew of others -- was worth $70 million. Now he's got a hundred dollars cash.
Storch filed for bankruptcy claiming he has a grand total of $3,600 of assets to his name -- $100 in cash, $500 in clothing and a $3k watch. Most shocking ... his music companies are valued at $0.
Storch produced some of the biggest records in music history, including Timberlake's "Cry Me a River" and Aguilera's "Fighter."
He claims in bankruptcy docs he made a grand total of $10,000 last year.
As for how Storch lost his money, he reportedly blew through $30 mil in a 6 month span on drugs.
He also spent a fortune on cars, houses and other extravagances.
One would have to assume Storch was too stupid high on drugs paying for just about everything including drugs for himself as well as "friends", expensive gifts/toys and what not while basically throwning his fortune down the drain. I guess a reality show was too invasive so he chose bankruptcy unlike most celebs that blew their fortune.
Just say NO, kids!!