Scott Storch is an American producer who has an estimated net worth of $3600. He is a famous record producer under his label Storch Music Company (formerly Storchaveli Recordings) that is responsible for signing Nox. Under the label is his own music production company called Tuff Jew Production LLC which is published by the Reservoir Media Management.
Born on December 16, 1973 in Long Island, New York, Storch began his music career in 1991 as a keyboard player for the hip hop group The Roots. He got his first commercial hit when he collaborated with Dr. Dre in the production of the riffs for the song Still D.R.E. However, his most successful commercial hit was a 2004 single by Fat Joe called Lean Back.
MTV News described 2006 as Storch’s “most successful year creatively and definitely his most fruitful year financially” when he became one of the top producers in the business. He has worked and produced several hit records for some popular artists including 50 Cent, Beyonce, Chris Brown, T.I., The Game, Christina Aguilera, Nas, Dr. Dre, Snoop Dogg, Lil’ Kim and Pink to name a few. In the same year, he was presented the ASCAP’s Songwriter of the Year award.
Scott Storch spent around $70 million of his fortune on cocaine and his extremely lavish lifestyle in just a span of 2 years. It was reported that he bought a luxury mansion in Miami’s Star Island for $10.5 million and spent another $20 million for a yacht called Tiffany. The mansion was later repossessed by a bank and sold for $6.75 million to Russell Weiner, founder of Rockstar energy drink, in 2010. It was then sold by Weiner for $14.5 million to rapper Birdman in October 2012.
Storch also purchased private jets, jewelry and dozens of cars as well as dated expensive celebrities including Paris Hilton. In January 2008, he was arrested because he failed to pay for child support. He was again arrested in April 2009 and was charged with grand theft after he refused to return a leased Bentley that he failed to pay in seven months.
Recently, Storch completed a stint in rehab and is now attempting to rebuild his career with Chris Brown, whose hit single Runt It he has produced.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2005 |
Asset |
The estimated market value of Storch’s black Bugatti Veyron which was then considered as the most expensive car in the market |
$1,700,000 |
|
2005 |
Asset |
The estimated market value of Storch’s 34-carat yellow-diamond pinkie ring |
$3,000,000 |
|
2005 |
Asset |
The estimated market value of Storch’s Mercedes Maybach |
$500,000 |
|
2005 |
Asset |
The estimated market value of Storch’s Mercedes SLR McLaren |
$600,000 |
|
2005 |
Asset |
The estimated value of Storch’s lavish mansion named Villa Ferrari in Miami’s Star Island |
$10,500,000 |
|
2005 |
Asset |
The estimated value of Storch’s lavish 125-foot yacht, Tiffany |
$20,000,000 |