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RACHEL ROY IS FUNDING DAMON DASH!

RACHEL ROY IS FUNDING DAMON DASH!

We’re all very much aware of Damon Dash’s financial woes, with his car being repossessed and his $2 million owed in backed taxes and who knows what else. But these money problems aren’t weighing down the mogul. While he was partying at jeweler Waris Ahluwalia’s Belvedere Vodka party two weeks ago, Damon revealed his wife, designer Rachel Roy, is “helping him stay afloat.”

“Rachel is keeping me busy. Selling Rachel’s company to Jones Apparel Group was a big deal [reportedly worth $4 Billion].”

But poor Rachel will have to step her hustle game if they intend on saving their Tribeca condos from being foreclosed? Right now, Damon is investing on new pet project, Jim Jones, to hit mainstream and break major sales…maybe Dame shouldn’t put all his eggs in one basket, I’m just saying.

As for Rachel, kudos to her for supporting her man in these trying times. Will other industry wives step up like she is, I highly doubt it.

Via PageSix

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Tags Posted under Mogulness, Money Woes by LexAve

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