Wednesday, May 26, 2021

DMX's Estate Worth Less Than $1 Million

Last month rapper DMX died after a heart attack triggered by an alleged drug overdose [click here if you missed that]. 

Now his children are fighting over his estate that has been valued at less than $1 million and maybe as little as $50,000... 

Hip-hop legend DMX, despite selling more than 74 million albums across a wildly successful career in music and movies, left behind an estate worth less than $1 million — and perhaps less than $50,000, according to court papers.
The dueling and daunting estimates appeared in a pair of court documents filed by five of rap icon Earl Simmons’s 15 children.
The first Surrogate’s Court filing in Westchester County came May 10 from DMX’s daughters Sasha Simmons and Jada Oden, while court papers dated May 21 were filed on behalf of sons Xavier, Tacoma and Sean Simmons.
Both groups are seeking to become administrators of the rap star’s estate.
The women estimated the worth of the DMX estate at less than $50,000, while the sons put its value at under $1 million despite his emergence in the late ‘90s as one of rap’s biggest stars alongside Jay-Z and Method Man.