A List Of Insane Things Scott Storch Blew His Money On
Scott Storch is broke, y’all. Like, broke as a joke. He allegedly only has $100 to his name. At one point he was worth $70 million. So what happened…? How did he blow through all of that money? Let’s count the ways.
He had 13 vehicles, including a $600,000 Mercedes SLR McLaren, a $500,000 Mercedes Maybach, and a $1.7 million black Bugatti Veyron — the most expensive car on the market.
2006 purchase of a 18,000-square-foot white-columned Palm Island mansion, dubbed Villa Ferrari, for $10.5 million.
$3,000 in unpaid room bills from Le Montrose Suite Hotel in West Hollywood…which they had to sue him for to get the money.
via Miami New Times
He was ordered to pay $2.188 million in damages to JK Entertainment, a Delaware company that had loaned him $1 million, and $750,000 to Miami Beach movie producer Matt Sinnreich for breaking a $25,000 business contract. Storch was hit with a $509,000 judgment for failing to repay Los Angeles music manager David Menefield a $100,000 home loan. The creditors garnished his royalties from Sony BMG Music.