TMZ: Hit Producer Scott Storch Down To $100 In Cash, Files For Bankruptcy
June 24, 2015 at 1:35 PM (PT)
SCOTT STORCH -- the famed music producer who produced tracks for CHRISTINA AGUJILERA, JUSTIN TIMBERLAKE and BEYONCE, among others and was worth, at the height of his fame and fortune, a reported $70 million, is down to hundred bucks in cash.
Now, according to the mostly reliable TMZ, the once-hot beatsmeister has filed for bankruptcy claiming a grand total of $3,600, including $100 cash, $500 in clothing and a $3,000 watch. He has valued his music companies 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. STORCH reportedly blew through $30 mil in a six-month span on drugs, cars, houses and other extravagances.