Dame Dash Sells His Entire Film Company in Auction for Measly $100 After Seeking to Cover $1 Million Debt
Dame Dash has been going through a tough time financially, and his latest move is a testament to that. According to a report by Vice [7], the entrepreneur has sold his entire film company in an auction for a measly $100. This comes after he sought to cover a $1 million debt.
Dash has been facing financial struggles for some time now, and this latest development is a clear indication of his financial woes. The auction, which took place recently, saw his film company go under the hammer for a paltry sum.
It's worth noting that Dash has been involved in several high-profile projects over the years, including the founding of Roc-A-Fella Records. However, it seems that his financial struggles have finally caught up with him.
The news of Dash's financial struggles has sent shockwaves through the entertainment industry, with many of his colleagues and peers expressing their support for him. However, it remains to be seen how he will recover from this latest setback.
In a statement, Dash said that he was 'disappointed' by the outcome of the auction, but he remained optimistic about his future prospects. 'I'm not giving up,' he said. 'I'm just taking a different route.'
The news of Dash's financial struggles has also raised questions about the state of the entertainment industry. With many artists and entrepreneurs facing financial difficulties, it's clear that the industry is facing some tough times.
In conclusion, Dame Dash's sale of his film company for $100 is a stark reminder of the financial struggles that many artists and entrepreneurs face. While Dash remains optimistic about his future prospects, it's clear that he has a long way to go before he can recover from this latest setback.