DJ Akademiks on Dame Dash Only Getting $1M from Reasonable Doubt Auction, Still Owes $9M (Part 27)
December 15, 2024
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6:24Now PlayingDJ Akademiks on Dame Dash Only Getting $1M from Reasonable Doubt Auction, Still Owes $9M (Part 27)
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DJ Akademiks discussed Dame Dash's financial struggles and the auction of a one-third share in Jay-Z's debut album, "Reasonable Doubt." Despite hopes to secure around $10 million, the auction fetched only $1 million, leaving Dash’s financial woes unresolved. Dash reportedly owes substantial amounts: $8.7 million in back taxes, $145,000 in unpaid child support, and $823,000 following a lawsuit with a film producer. This sums up to approximately $9.7 million, which highlights the financial bind he's in. DJ Akademiks and Vlad discussed potential bankruptcy as a means to reorganize his finances, pointing out that while filing could offer some relief, it wouldn't erase his tax debts. They acknowledged Dash's entrepreneurial spirit but also noted criticisms of his business acumen. The discussion reflected broader themes of entrepreneurship versus financial management, especially when business ventures demand substantial risk and financial backing.
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