Scott Storch Finally Loses His Miami Home

by Deidre Woollard (RSS feed)
Aug 25th 2009 at 10:02PM

Once upon a time music producer Scott Storch was once said to be worth $70 million, money he earned by producing records for Christina Aguilera, Brooke Hogan and Beyonce among others. But Storch's penchant for high living has gotten him in trouble. For the last year or so he's been struggling to hold on to his home on Miami's Palm Island. TMZ reports that the battle is at an end. Storch defaulted on the property last July but then declared bankruptcy. Now the bankruptcy order has been dismissed and SunTrust bank, which held two mortgages worth a combined $7.75 million against the property, bought the property back at auction on Friday for $5.5 million. Storch has said that he lost money during a period of time when he was addicted to cocaine and he went into rehab earlier this year.

Gallery: Celebrity Foreclosures

Jeana Keough from the Real Housewives of Orange County

Tags: miami, scott storch, ScottStorch

Filed under: Estates, Celebrity Shopping

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Reader Comments (Page 1 of 4)

buzzard1 Aug 26th 2009 9:07AM

He deserves it for unleashing Christine Aguilrera and Brooke Hogan on the world.

LADY V Aug 26th 2009 12:19PM

I agree with you, they both suck and can't sing. But like they say, 'sex sells'.

Lailani24 Aug 26th 2009 3:29PM

Lol...Christina Aguilera has a beautiful voice...though she does need to sing less perverted lyrics!

martone Aug 26th 2009 4:20PM

You live up to your name don't you? That is really unfortunate, I am happy to hear that he is doing better and getting help to his addiction. Being that he is talented, he will make a comeback.

Dirty Logic Aug 26th 2009 4:45PM

Sex sells? Seriously. What self-respecting dude would ever buy a Brooke Hogan or Christina Aguilera CD? This obviously has nothing to do with sex, and everything to do with people liking shitty music. That's pretty obvious though. Turn on the radio, and if you find something you like that was written after the 90s and it's on the air, you've already proven my point.

into228 Aug 26th 2009 4:51PM

white trash

Natalie Aug 26th 2009 6:23PM

LOL you are hilarious!!!!!!

CF Aug 26th 2009 7:41PM

Dirty Logic
Aug 26th 2009 4:45PM
Sex sells? Seriously. What self-respecting dude would ever buy a Brooke Hogan or Christina Aguilera CD? This obviously has nothing to do with sex, and everything to do with people liking shitty music. That's pretty obvious though. Turn on the radio, and if you find something you like that was written after the 90s and it's on the air, you've already proven my point.
*************************************************************************************
I agree with up until your last sentence, TOOL is a band that has only been on the radio since the 90's and if you think TOOL sucks you obviously have horrible taste in music and probably miss the crappy hair bands of the 80'S

klawtubu Aug 26th 2009 9:00PM

Comparin Brooke Hogan to Christina Aguilera is blasphemy, Aguilera is a proven artist with a tremendous voice, the other, well, I don't know what she is. just plain assinine and stupid to say Aguilera can't sing.

givemeabreak Aug 26th 2009 9:28AM

I will NEVER feel sorry for someone who blew his fortune ($70,000,000) on drugs or anything else.

coryelltm Aug 26th 2009 9:32AM

Sun trust ?

This guy is not so bright and besides that ,cocaine is CHEAP IN FLORIDA !

islandnino Aug 26th 2009 9:48AM

This reminds me of a most important question to ask before I indulge in any guilty pleasure: "Will it be worth it?"

LeeAnn Aug 26th 2009 10:39AM

He deserves to lose his home. How stupid to blow what money he made up his nose.

trbnchsr Aug 26th 2009 10:10AM

Looking at the celebrity forclosure gallery makes me laugh. There is something strangely satisfying about it when you realize these people have the world by the ass, make tons of cash and then it all comes crashing down. Simple lesson: don't buy stuff you can't afford.

Ann Aug 26th 2009 10:25AM

I have no compassion for someone who is a drug addict. No way could I blow 70,000,000 dollars in my life time. I have to think how many down trodden people are in these United States and around the world who could have gotten a decent meal for a change from this money! No, it went up this fella's nose and else where, along with buying beautiful sun glasses. LMBO
Those cool shades are about as ugly as it gets in my opinion...lol
Geeeezzzzzz

Rocky Aug 26th 2009 10:44AM

First off he should have been respnsible enough not to use drugs to begin with, secondly he is a producer true, but he made a mistake in whom he produced to begin with, there is talent out therer but one has to choose who produce and whom really has talent for talent wuld be the basis for music not boobs. If he is so great of a producer than have him contact me and we will talk.

seber1018 Aug 26th 2009 10:37AM

What a jerk....and loser.l

brooks Aug 26th 2009 10:39AM

DOPES FOR DOPES

brooks Aug 26th 2009 10:40AM

DOPE'S FOR DOPES

psyops3000 Aug 26th 2009 11:14AM

That's what he gets for trying to be somebody important. He is just another in a long line of losers who can't hold real and useful jobs. He wants to be the head party guy, he wants to be a rich black man, he wants to be a god among men, the trouble is that he is not a man, he is a little boy still playing in his fantasy world and will never grow up and be part of the useful and prductive crowd. Maybe he can go to the local homeless shelter and serve soup for a bed.

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