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Getbig Main Boards => Gossip & Opinions => Topic started by: NarcissisticDeity on June 26, 2015, 06:59:52 PM
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I thought this only happens to Hebrew athletes? ???
bodybuilding related because he's narrow like Heath
Scott Storch files for bankruptcy, he has only $100 in cash
http://www.nydailynews.com/entertainment/gossip/scott-storch-files-bankruptcy-100-cash-report-article-1.2269224
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Scott's not a quitter. It's like a dog. You can kick a dog so long and it will do two things. It's either gonna roll over and die or it's gonna bite you and attack you. And he's the kind of Jew who's the type of a dog who would bite back.
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Scott's not a quitter. It's like a dog. You can kick a dog so long and it will do two things. It's either gonna roll over and die or it's gonna bite you and attack you. And he's the kind of Jew who's the type of a dog who would bite back.
you had me until the word "dog" lol.... Fuck that movie has stuck in our heads. I swear I've seen it at least 40x's.
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never heard of this person
so its up there with the story of how a homeless person only got 100 bucks
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I thought this only happens to Hebrew athletes? ???
bodybuilding related because he's narrow like Heath
Scott Storch files for bankruptcy, he has only $100 in cash
http://www.nydailynews.com/entertainment/gossip/scott-storch-files-bankruptcy-100-cash-report-article-1.2269224
Its pretty meaningless. Scott is currently producing songs for a few artist and he still gets some royalties. A musician going bankrupt isn't much as long as they can still do the work.
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Scott's not a quitter. It's like a dog. You can kick a dog so long and it will do two things. It's either gonna roll over and die or it's gonna bite you and attack you. And he's the kind of Jew who's the type of a dog who would bite back.
;D You get bonus points for this.
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He promotes gay like music, so why should I care?
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you had me until the word "dog" lol.... Fuck that movie has stuck in our heads. I swear I've seen it at least 40x's.
I can remember back in my life when I would be picked on quite often. I'm sure every kid's gone through it, but it just affected me more than I think it would affect other people. "Hey, four eyes, hey, cross-eyes. You've got rusty fenders on your Porsche. Your Porsche isn't as good as our Porsche."
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you had me until the word "dog" lol.... Fuck that movie has stuck in our heads. I swear I've seen it at least 40x's.
Only 40x? I used to watch PI everyday when I was in my teens. Probably saw it 500x.
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It's a bankruptcy scam.
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It's a bankruptcy scam.
Yup. He probably has Mayweather amounts of cash sitting in a private vault somewhere.
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a song for Scott Storch:
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(http://www.bet.com/content/betcom/news/music/2012/03/07/commentary-a-wake-up-call-for-scott-storch/_jcr_content/image.custom1200x675x20.dimg/030712-music-commentary-scott-storch.jpg)
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Only 40x? I used to watch PI everyday when I was in my teens. Probably saw it 500x.
to be fair, I did not own my own copy until recently. The 40 viewings were from having rented it a whole bunch of times!
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I thought this only happens to Hebrew athletes? ???
bodybuilding related because he's narrow like Heath
Scott Storch files for bankruptcy, he has only $100 in cash
http://www.nydailynews.com/entertainment/gossip/scott-storch-files-bankruptcy-100-cash-report-article-1.2269224
here print a bunch of these out........
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It's not his first BK. Anybody who spends money like that is an idiot who brings it on themselves.
With $70 mil liquid invested wisely in muni and corporate bonds and high-dividend blue chips, you could easily spend ~ $3 mil a year for life, maybe a little more and not touch your principal. But of course that takes brains and discipline.
I wonder if he also had an Amex Black card? ;D
What a fucking moron...
https://en.wikipedia.org/wiki/Scott_Storch (https://en.wikipedia.org/wiki/Scott_Storch)
By 2006, Storch had amassed a fortune of more than $70 million but also picked up a cocaine habit from a Los Angeles friend the prior year.[8] In August 2006, Storch "took a month off" and vacationed in Hollywood, California. "It was just a wonderful year, but I think it was defined by the magic month of August. He ran into the Hollywood class — and when he went to Hollywood, all things changed," said friend and manager Derek Jackson.[7] Storch withdrew from producing and focused on partying with friends at his $10 million mansion on Miami's Palm Island. Storch also purchased a private jet, a 117-foot yacht (the Tiffany), and bought nearly twenty luxury cars, ten of which Storch estimated he purchased while high on cocaine.[8] Storch squandered $30 million in less than six months, and was in financial straits by January 2007.[7]
His addiction had drained his inspiration to make music, and other artists took notice. In one instance, Storch left Janet Jackson at the studio waiting for him for five hours.[7] In 2008, Storch hit legal trouble after reportedly falling behind on both his child-support payments and his property taxes.[7] In early 2009, he was arrested for grand theft auto for allegedly failing to return a Bentley he had leased three years prior.[7] In April 2009, Storch checked into an intensive inpatient rehab program in Hollywood, Florida, and filed for bankruptcy that May.[8] In February 2012, Storch was arrested in Las Vegas for possession of cocaine and was released on bail.[9] On June 24, 2015 Storch officially filed for bankruptcy.[10]
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It's not his first BK. Anybody who spends money like that is an idiot who brings it on themselves.
With $70 mil liquid invested wisely in muni and corporate bonds and high-dividend blue chips, you could easily spend ~ $3 mil a year for life, maybe a little more and not touch your principal. But of course that takes brains and discipline.
I wonder if he also had an Amex Black card? ;D
What a fucking moron...
https://en.wikipedia.org/wiki/Scott_Storch (https://en.wikipedia.org/wiki/Scott_Storch)
By 2006, Storch had amassed a fortune of more than $70 million but also picked up a cocaine habit from a Los Angeles friend the prior year.[8] In August 2006, Storch "took a month off" and vacationed in Hollywood, California. "It was just a wonderful year, but I think it was defined by the magic month of August. He ran into the Hollywood class — and when he went to Hollywood, all things changed," said friend and manager Derek Jackson.[7] Storch withdrew from producing and focused on partying with friends at his $10 million mansion on Miami's Palm Island. Storch also purchased a private jet, a 117-foot yacht (the Tiffany), and bought nearly twenty luxury cars, ten of which Storch estimated he purchased while high on cocaine.[8] Storch squandered $30 million in less than six months, and was in financial straits by January 2007.[7]
His addiction had drained his inspiration to make music, and other artists took notice. In one instance, Storch left Janet Jackson at the studio waiting for him for five hours.[7] In 2008, Storch hit legal trouble after reportedly falling behind on both his child-support payments and his property taxes.[7] In early 2009, he was arrested for grand theft auto for allegedly failing to return a Bentley he had leased three years prior.[7] In April 2009, Storch checked into an intensive inpatient rehab program in Hollywood, Florida, and filed for bankruptcy that May.[8] In February 2012, Storch was arrested in Las Vegas for possession of cocaine and was released on bail.[9] On June 24, 2015 Storch officially filed for bankruptcy.[10]
what is muni?
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It's not his first BK. Anybody who spends money like that is an idiot who brings it on themselves.
With $70 mil liquid invested wisely in muni and corporate bonds and high-dividend blue chips, you could easily spend ~ $3 mil a year for life, maybe a little more and not touch your principal. But of course that takes brains and discipline.
I wonder if he also had an Amex Black card? ;D
What a fucking moron...
https://en.wikipedia.org/wiki/Scott_Storch (https://en.wikipedia.org/wiki/Scott_Storch)
By 2006, Storch had amassed a fortune of more than $70 million but also picked up a cocaine habit from a Los Angeles friend the prior year.[8] In August 2006, Storch "took a month off" and vacationed in Hollywood, California. "It was just a wonderful year, but I think it was defined by the magic month of August. He ran into the Hollywood class — and when he went to Hollywood, all things changed," said friend and manager Derek Jackson.[7] Storch withdrew from producing and focused on partying with friends at his $10 million mansion on Miami's Palm Island. Storch also purchased a private jet, a 117-foot yacht (the Tiffany), and bought nearly twenty luxury cars, ten of which Storch estimated he purchased while high on cocaine.[8] Storch squandered $30 million in less than six months, and was in financial straits by January 2007.[7]
His addiction had drained his inspiration to make music, and other artists took notice. In one instance, Storch left Janet Jackson at the studio waiting for him for five hours.[7] In 2008, Storch hit legal trouble after reportedly falling behind on both his child-support payments and his property taxes.[7] In early 2009, he was arrested for grand theft auto for allegedly failing to return a Bentley he had leased three years prior.[7] In April 2009, Storch checked into an intensive inpatient rehab program in Hollywood, Florida, and filed for bankruptcy that May.[8] In February 2012, Storch was arrested in Las Vegas for possession of cocaine and was released on bail.[9] On June 24, 2015 Storch officially filed for bankruptcy.[10]
I always used to think the same. Now, leading an 'adult life', I can understand this behavior...
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Scott has to take care of his own shit. I have to......everybody has to. Get there or get square.
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I hope he has money stashed somewhere. For his sake. 70 million blown ? Jesus christ ... I can't even imagine.
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can you imagine how he must feel knowing he blew through 70 million on coke and whores.
i dont think my ego could take it
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can you imagine how he must feel knowing he blew through 70 million on coke and whores.
i dont think my ego could take it
brutal. I would probably kill myself in that situation.
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can you imagine how he must feel knowing he blew through 70 million on coke and whores.
i dont think my ego could take it
Another example that shows that ego is our biggest enemy... Some people learn a lesson or two, others remain blind..
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I hope he has money stashed somewhere. For his sake. 70 million blown ? Jesus christ ... I can't even imagine.
Nope, no money is stashed and 70 million is a lot but when you buy a 20 million dollar yacht, a private jet, and a 15 million dollar home, the maintenance and upkeep fees for those items are outrageous. For example, it prob cost around 150k just to fuel up the yacht. Then buying stupid things like a 3 million dollar necklace for Paris Hilton and other things just did him in fast.
He was a multimillionaire spending like a billionaire....and we know how that story ends
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i mean seriously to know you had 70 million dollars in the bank and you pissed it all away on gold, cars, and whores,
even worst his career as a producer appears to be over its not like he can go on a scott storch music tour, like other rock stars have and make some quick easy cash
man i honestly dont know if i could cope with that myself in real life.
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Nope, no money is stashed and 70 million is a lot but when you buy a 20 million dollar yacht, a private jet, and a 15 million dollar home, the maintenance and upkeep fees for those items are outrageous. For example, it prob cost around 150k just to fuel up the yacht. Then buying stupid things like a 3 million dollar necklace for Paris Hilton and other things just did him in fast.
He was a multimillionaire spending like a billionaire....and we know how that story ends
lol.....do we now sweet tits???
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what is muni?
Municipal bond.
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I always used to think the same. Now, leading an 'adult life', I can understand this behavior...
His behavior is not "adult behavior". He's like a five year old kid.
I live an "adult life". I've been saving and investing religiously for over two decades and live a comfortable but very disciplined lifestyle. I have one high end car, for instance that I paid well under 6 figures for. If I'm gonna brag, it's about how little I paid for something.
Responsible adults don't blow everything they make and more. Responsible adults who wish to become truly wealthy (and stay that way) who weren't born into it must learn to save, invest, and live reasonably frugally. If you in any way admire this moron, I'd suggest you read some good books on personal finance and investing, and hopefully stay away from hard drugs.
I manage money for wealthy people, and help them avoid doing what this moron did. Of course most of them are older and have more sense.
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Nope, no money is stashed and 70 million is a lot but when you buy a 20 million dollar yacht, a private jet, and a 15 million dollar home, the maintenance and upkeep fees for those items are outrageous. For example, it prob cost around 150k just to fuel up the yacht. Then buying stupid things like a 3 million dollar necklace for Paris Hilton and other things just did him in fast.
He was a multimillionaire spending like a billionaire....and we know how that story ends
Billionaires don't spend money anything like that moron did. At least not if they actually earned it and hope to stay billionaires. I can guarantee you that Buffett, Icahn, Gates, Harold Hamm, et al don't spend 5 million a month on personal shit and don't have 20-30 high end cars.
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Yup. He probably has Mayweather amounts of cash sitting in a private vault somewhere.
Yup!
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His behavior is not "adult behavior".
I wasn't implying as much. I'm saying, adulthood can bring on meltdowns. Ordinary people don't have millions to blow in spectacular fashion, but they melt nonetheless. If more people had this kind of money, you would see this sort of story often, I think.
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You see this more in the last several decades because now people who aren't necessarily very smart are becoming millionaires pretty much overnight.
It used to be that only smart businessmen became very wealthy, and it was usually a slow process. And they generally taught their offspring how to handle such wealth. Of course there have always been "idiot sons".
Nowadays, you have kids just out of high school signing multi-million dollar contracts to play ball, plus endorsements, etc. As we all know it often doesn't end well. That goes for various professions in the "entertainment" industries as well.
http://www.wyattresearch.com/article/five-reasons-professional-athletes-go-broke/ (http://www.wyattresearch.com/article/five-reasons-professional-athletes-go-broke/)
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He was a multimillionaire spending like a billionaire....and we know how that story ends
Like the time you ate at Burger King and Golden Corral in the same week and almost lost your trailer.