Scott Stoch’s financial meltdown has been pretty well covered here at WoooHa as he has lost everything from his studio, house, boat…you name it. I guess that’s what happens when you spend a reported $3 million a year just on drugs and partying. Even though Storch’s former house, Villa Ferrari, was taken from him by the bank last year, the 20,000 square foot home on Palm Island which includes a 100 foot boat dock, 11 bedrooms, 15 bathrooms, 3 guest houses and two pools has gone unsold since.
It was just announced though that Rockstar Energy Drink CEO Russ Weiner has finally purchased the home for an undisclosed amount but well below the price Storch initially purchased for at $10.5 million. Check details of the house after the jump. It’s still hard to believe how fast Storch’s rise and fall happened but once again that’s what you get for wasting your money away on drugs, booze and Brooke Hogan.
Am I a bad person because I’m happy this happened to him? I always hated Scott Storch and the fact he admits to his reckless spending just makes it even worse. He had this coming for a long time. I hope he is enjoying his 2 bedroom condo now.
Lol @ 2 Bedroom apartment..yea this was important, Homeboy needed a Financial Planner
[...] Wooohah [...]
Oh Scott Storch – once you fall as a producer it’s pretty hard to get back in the game. Sad to see someone fall so hard but at the same time everyone in the industry secretly wanted it to happen to him b/c he was a plain jack ass.