New York Post Revels In Other People's Misfortunes
Proves Celebrities Aren't Quite As Rich, Financially Savvy As You Thought They Were (But Are Still Much, Much Richer Than You)

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The IRS knows when you are sleeping, they know when you're awake and, most importantly, they know when you've forgotten to pay the lion's share of your yearly income taxes. And now, thanks to an afternoon spent trolling the IRS records, so does the New York Post. Among their startling (and gleefully delivered) findings:

The records show that hip-hop mogul Damon Dash - whose estimated $50 million fortune bought him a chauffeur-driven $400,000 Maybach sedan, diamond-encrusted watches and more than 1,000 pairs of sneakers - owes the state more than $2 million.

$2 million dollars? Sounds like someone needs a better tax attorney and/or personal shopper! By our calculations, that means Damon "Leona Helmsley" Dash stands to lose approximately 4% of his estimated total net worth. On the plus side? He'll still have $48 million.

Nov 20, 2007 · posted by debbie · Link · 1 Response
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