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Scott Storch Famed music producer declares bankruptcy

Scott Storch reportedly squandered over $30 million on drugs in the period of 6 months!

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Scott Storch play

Scott Storch

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Scott Storch and Jay Z in 2008 play

Scott Storch and Jay Z in 2008

(dailymail)

One of Hollywood's most prolific music producers, Scott Storch is now broke!

Storch, who produced tracks for Christina Aguilera, Justin Timberlake, Beyonce among other was worth $70 million in the past but today, he has just a hundred dollars cash.

Storch has filed for bankruptcy claiming he has a grand total of $3,600 of assets to his name, $100 in cash, $500 in clothing and a watch worth $3,000. Most shocking is that his music companies are valued at zero dollar.

In his bankruptcy documents, Storch states that he made a grand total of $10,000 in 2014. But he reportedly squandered over $30 million on drugs in the period of 6 months. He also spent a fortune on cars, houses and other extravagances. 

Storch is best known for some of the biggest records in music history, including Timberlake's 'Cry Me a River' and Aguilera's 'Fighter'.

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