The Rich Keep Getting Richer

Posted on June 17th, 2008 - By Bossip Staff

Categories: Damon Dash, News

Posted by Bossip Staff

Damon Dash and wife Rachel Roy must be celebrating like a mf at this point:

“Damon Dash, the man who helped Jay-Z take Roc-A-Fella Records from the streets to the corporate level, and his wife Rachel Roy announced Monday that they’ve have formed a $4 billion dollar joint venture Jones Apparel Group to develop, market and license the New York-based fashion brand named after his wife.”

We can’t knock ‘em for taking their game to the next level. They got their mogul steez on serious lock.

Source

  • biracial bombshell

    1st and damnnnnnnn I wish I was that rich!!!!!!

  • Brownie

    Wow :)

  • http://en.gravatar.com/avatar/522ae813d0291146b3c70cd56c2834f3?s=80&r=any NIKKI UNDERWOOD (Left hand’ll lean ‘em like a little past six)

    They too chipped…move over B&J….

  • so

    ok $4b sounds a bit high. someone must have added a few extra zeros. Max 400m. much respect anyway

  • Aunt Viv

    I am so not mad at them…wow!

  • bree is an OBAMA supporter.. YES WE CAN!

    im sorry who joined? Jay-z, Dame & Rachel?..or am i supposed to believe that this was a venture between Dame & Rachel? or is it Dame , Rachel & Jones Apparel?

  • Lush-Us Lipps

    Good for them!

  • http://YAHOO mzprettylady

    Nice! Go head Damn and Rachel but i still think he and liyah made the cutest couple!!!! Rip Liyah

  • uhmm

    wtff is a steez?

  • oN dATpiFf & cIRoC

    I really can’t stand Dam Dash, but I will give credit when it is due and I hope the best of luck for their future in that business…

    his wife is VERY pretty. (Aaliyah was much prettier) but whatever. Kudos to them and their success

  • The_Truth

    I aint hatin. . .but Dash must be at the bottom of the totem pole of the $4B deal. No way does he have that kinda bread when he just made headlines for tax trouble a few months ago.

  • NoWay

    Um nobody buys her clothes and they wont be buying it now. I see TJ maxx in her future and not billions.

  • Nurse GiGi

    ^^^6 Figgaz.

    *exactly*

  • dame got that grown man $$

    well, he was ALWAYS way richer than all them boys – that’s why jay got pissed .. he thinks he’s something with like 200mill dollar gig now .. naw jigga man, dame still got you beat by 3 0′s so go ahead with that

  • JJJJJJJJ

    @noway STOP HATING!!!

  • Katrina

    Dame is a mess, but I am happy for him, his wife and his children. Bless Jay and B, but I am so tired of seeing and hearing about Jay, “his girl”, “his money”, his this and that, I can’t even tell you. Oh my fault this is about Dame. Kudos to you Dame, Jay can rap (not like Nas though), but Roc-A-Fella would have never been what it is, or really what it was without you. You’re still a big ole slab head, but we love you though. LOL

  • LdyK

    I’ve been dying to know this answer…was he seeing her and Aaliyah at the same time cause she popped out of nowhere being his girl..i know she used to work for him …or the line but how did their romance ignite?

  • $m♥K.E.Y.

    is she indian?

  • Katrina

    Go Dame, always “the Brains” of the outfit. Jay even bit your style….Aaliyah/Beyonce…hmm singing, dancing, acting…hmm…I wonder?

  • Katrina

    @Cee I hate to agree, but tis true. I have laugh at my own commit above. LOL

  • Slide Like A Fresh Pair of Gators (fka Keepin’ It Real – D’Original)

    Now he’s gonna talk MORE s#it…

    Good for him & his wife – glad to hear the good news…

    I like seeing my people gets there’s – Congrats!!!

  • MSABOGADA

    @ smokey, I think I read somewhere that she is indian (from india) and dutch

  • lala

    I work at Jones- not the clothing store..but as a technical designer… not sure what to say about this…Hmmm.. verdict is still out on this one for me..let’s just see how long this “marriage” last w/ Jones..

  • I’m Just Me

    FLOP???

  • Katrina

    That should be, “I have to laugh at my own comment”…you know someone would call me out for that. Damn, I’m off today, trying to type all fast and sh^t. LOL

  • Suge Knight

    $4 billion is the amount the deal”could” be worth if every muthaf*cka on earth buys her clothes, its not what they got up front or what they’ll get no matter what.

    Watch my reality show or i’ll kill you!

  • NoWay

    JJJJJJJJ(Check me out!)

    @noway STOP HATING!!!

    OK I will stop hating for you!

  • PRTTYBRWNGIRL

    they paid their publicist to fabricate and then leak this .. they are no longe relevant in the music or fashion industry aint nobody inkin big checks like this for them

  • Katrina

    True, Suge Knight..I thought you were knocked the f*** out? HAHAHAHA LOL My face hurts. LOL

  • http://YAHOO lani

    God 4 billion dollars ,wow and their using the money to get richer instead of doing something for poor people who are starving.

  • Bronx Brawler

    Pay those past due taxes Dame before you share Mr. Snipes’ fate.

  • Mr. Marcus ™

    damn … yall quick to hate on people for no reason yo … kinda pathetic, must not have much going on in your own lives if you feel the need to constantly hate on others achievements

    Anyway …

    Congrats to them for the positive movements!

  • PRTTYBRWNGIRL

    if another stupid mf’er come on here talkin about hatin .. its about rational thinking. this fool was just making headlines cause he couldnt pay taxes! you do the math dumb asses

  • BK All Day

    I respect Dame as a businessman. I am so happy for him. I’m a fan of Jay’s but did Dame and a lot of other roc-a-fella artists wrong.

  • Chanel Shades

    PRTTYBRWNGIRL(Check me out!)

    if another stupid mf’er come on here talkin about hatin .. its about rational thinking. this fool was just making headlines cause he couldnt pay taxes! you do the math dumb asses

    True dat! Its not hating its keeping it real.

  • Suge Knight

    @ katrina

    Look b*tch i didnt get knocked out ok? It was all a stunt for my new reality show, we were filming an episode on how to drink to much then sleep comfortably on a sidewalk outside a club! besides, you heard from that n*gga who supposedly knocked me out lately? F*ck No! Suge takes care of bidness1

  • FrenchChocolate

    :-)

  • I’m Just Me

    @ Hotstuff

    But even now Nas doesn’t feel that way.

    AND TRUTHFULLY PEOPLE Y’ALL SOME JAY-Z D*CK SUCKERS OR SOMETHING??? THIS DOESN’T EVEN TO DO WITH JAY-Z…DANG! THESE TO ARE NOT PSNEUNONYMOUS WITH EACH OTHER. JAY ISN’T THINKING ABOUT DAME AND DAME ISN’T THINKING ABOUT JAY. WHY ARE YOU PPL NAME DROPPING HIM SO HARD IN THIS THREAD.

    IMHO JAY WAS RIGHT TO DROP THIS DEAD WEIGHT COCKY-AZZ BASTID!!

  • Katrina

    Lol! Boy, you are so angry, but go Suge, take care of that business.LOl

  • PRTTYBRWNGIRL

    LOL @ im just me trying to use big words and using them out of context AND misspelling them lol that makes you look so dumb.. fyi its spelled SYNONYMOUS. derived from the word SYNONYM .. someone needs to hit the books again

  • TRACY

    @so called strong sistas

    Do not blame black women it is a fact that some black men prefer white or more mixed women. I see it everyday alot of the educated money making ones do not get with black especially dark black women. If you deny this you are lying.

  • TRACY

    Funny thing is that it does not bother me, because I tend to frequently attract some really really attractive rich white men.

  • phoenix_simone_xoxo got pulled over last night by Alpharetta PD

    Good for them. Years and years ago E-40 came out with the term Playa Hater. I believe I was in the 8th grade or so. I am now going on 29, YTF are people still using that term? Not everyone is going to like everyone and every damn thing they do. That doesnt mean that they are a “hater”. They may just not be hot or worthy of care.

    And for all the people that talk that ish about why black men don’t date black women, I personally could care less. My feelings will never be hurt because a brotha does not want to date me and would rather date a woman of another race for any reason. Go for what you know and what works best for you, no explanations needed. I don’t know why you people act like black women are suppose to be hurt by that. There are plenty of good men in every race known to mankind that is waiting on the sista of their dreams.

  • Eye

    Rachel Roy is the the coolest couture designer in NYC and if she has made a cha ching deal then my best to her. I am proud of her clothing line and all you average haters can keep watching the rims spin on your chevy because that is how far your imagination reaches. You people have no creative ablitliy in your entire gene poole and you have the nerve to make fun of artist who you are paying to gossip about. Haters fall back.

  • phoenix_simone_xoxo does not care

    @ Tracy i just saw what you wrote and we are on the same page. I just paid $40 for 7.5 gallons of gas, that is my concern not what brotha is with another woman. As far as I see it and always have there are no color barriers when it comes to love/lust.

  • phoenix_simone_xoxo does not care

    @ John what black women are you speaking of? This black woman speaks when it is necessary, and when I do people tell me to speak up because I do not like being loud, oh yes and I just came back from running six miles Im in damn good shape, and as for my hair I know my way around a comb very well. Greedy? I make my own $$ and pay my own bills been doing it on my own since I was 19, and I’ve put myself through school 3 times and I’m only 28. So again what black women are you speaking of? As a matter of fact no need to comment, I need to get back to my Rosetta Stone and brush up on my spanish. Oh yes that is a $500 program that I paid for with my $$$ No black man needed. And I thank you!

  • Its6amHoGetOut

    @ PHOENIX,

    you are one of the smartest females in here, if I cared about colorlines I would only be f*ckin’ acne face nappy haired military b*tches here in Honolulu.

  • Its6amHoGetOut

    John is some white n*gga who got lucky enough to date a black woman, she finally had sex with his ass then dumped him, now he’s buying her all kind of sh*t to win her back and it aint working. John you should just forget about her and save all your money because the next white ho will want double what the black one got.

  • may

    thats exciting in a generic sense of the word. While Damon Dash annoys me most times lol, I just hate his demeanor, I love his wife’s fashion sense and since she was featured on glamour showing her pieces about two years ago i have been a fan.

  • http://deleted John D Hater

    Oh I’m sorry you misunderstand. I am not a fan of white women either. I am in love with my right hand. No stress, no drama, dependable and understanding.

  • Chanel Shades

    phoenix_simone_xoxo got pulled over last night by Alpharetta PD(Check me out!)

    Good for them. Years and years ago E-40 came out with the term Playa Hater. I believe I was in the 8th grade or so. I am now going on 29, YTF are people still using that term? Not everyone is going to like everyone and every damn thing they do. That doesnt mean that they are a “hater”. They may just not be hot or worthy of care.

    And for all the people that talk that ish about why black men don’t date black women, I personally could care less. My feelings will never be hurt because a brotha does not want to date me and would rather date a woman of another race for any reason. Go for what you know and what works best for you, no explanations needed. I don’t know why you people act like black women are suppose to be hurt by that. There are plenty of good men in every race known to mankind that is waiting on the sista of their dreams.

    Amen

  • jamie

    Shouts to Lala! I work @ jones too :) (in production). I definitely agree, I’m not so sure how long this is going to last… there is no way we would actually sell attractive clothing….

  • PRTTYBRWNGIRL

    Thank you. Each one…teach one! My Word 2007 hasn’t been picking up on quite a few errors that are made. It happens. Whomp, whomp…

    ^^^ you mean spell check? spell check cant correct idiocy. you need a better education for that

  • CJ

    Your riches along with Jay-Z will be swallowed up and used 4 more important things in life like ME! mewhewhewhewhahaha!

  • Z

    Thats whats up. I am happy for them too…

  • I’m Just Me

    @ Z love the new gravie Momma!

  • Z

    thank you very much. and how you this afternoon?

  • I’m Just Me

    I am well and you….I am leaving for the day, so I am very happy right this moment. Tuesdays seem eternal to me.

  • Z

    tuesday? oh shyt I seriously had it in my head today was friday. I’m over here making plans for the weekend. I am good by the way.

  • Z

    6am. I saw u was here earlier. Where are you?

  • Lilyflower

    He is a great black actor. Love him very much. Lots of my online friends on b l a c k c e n t u r y. c o m love him too. You can share your ideas with them if you want. It is a servious interracial dating service.

  • KEKE

    LMAO!!^^^^^^^ hit it right on the spot. you say that again!!

  • De

    Rachel is not black, but Arabic, I believe. Who cares!

  • kigali Weaves R4 Trannies

    @De,

    Rachel Roy is Indian. About three or four countries to the east of the Middle East.

  • kigali Weaves R4 Trannies

    Good for them but Dame does seem like an ass clown. Sorry to say. Four billion dollars sounds a bit far fetched but even a piece of that is something to write home about.

  • kigali Weaves R4 Trannies

    I thought vaginamony was the new word for alimony/palimony? Atleast thats what Tom Leykus says. I miss his show.

  • lovely and amazing

    @6am

    I love you brother. Will be checking in for your blog announcement. God bless and keep it coming.

  • Mocha1

    @so called strong sistas——- You sound like you could use a hug and seriously these 3 words should become your BEST friends…Short and Sweet…

    Maybe if your message was accurate and a lot shorter, you wouldn’t feel the need to post the exact same message on every post….

    Writing a damn novel about something that has NOTHING to do with the actual post.

  • indiandyme

    Rachel is indian….a beautiful indian lady:)

    Although I believe this story isn’t quite accurate, kudos to Rachel for her achievements!!

  • lala

    @ Jaime! lol, we both need to stay off this site! you know “they” stay blocking every site known to man here!

    I just had a fitting this morning and my fit model was trying to “hoochie” everything up! lol

    But I agree with you,,,I give Rachel one season at Jones,, her style is way too sophisicated for Jones..

  • Map

    Good for them.

  • so-so

    they will neva be on j and b level.

  • Sparkle

    Do we STILL think the white man’s ice is colder? Bishes come in ALL colors and last time I checked white women were wearin weaves cleverly known as “hair extensions”. If white women are so perfect then why are 90% of the white men in California with Asian women? The problem with blacks folks is that we think all other races of people are da sh-t.

    Well squash it. I grew up in an upper middle class white neighborhood and never saw so much mate swapping, “if I can sleep with your 10year old daughter/son/dog/cat you can have the promotion Ray”, closet serial killing, serial rapists, money laundering, embezzling, drug using/dealing freaks in my life. NOBODY on earth loves money like white folks. Integration is the reason that so many blacks under age 40 are as f-cked us as they already are.

    Those black folks who feel the massa is so great have obviously never lived the f-ck around them.

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