50 Cent Recalls Damon Dash Telling Him $1M ‘Was No Money’

Sometimes your words come back to haunt you and 50 Cent recalls a story about former Roc-A-Fella Records’ Damon Dash telling him that a million dollars wasn’t nothing, yet, points out that the Harlem businessman now “has no money.”

50 Cent, real name Curtis Jackson was in Shreveport hosting a festival he just started in the Louisiana city called the Humor and Harmony Festival, which took place from August 8 to 11. The “How to Rob” lyricist did an interview with popular hip-hop hosts, Gillie Da Kid and Wallo for their podcast, Million Dollaz Worth Of Game.

He was talking about his record deal with Eminem’s Shady Records, which was worth $1 million. In speaking to Dash, 50 tells Gillie and Wallo that the America Nu Network owner told him that the million dollars was “no money.” Now 50 says Dash is the one who “has no money now.”

“The only person that pointed out that a million dollars was no money was Damon Dash, and he has no money now,” 50 stated. “How you gonna say that’s no money?”

He says Dame then stated, “After you get a watch, a chain, you look out for the homies and you do this, that, and the third… it’s nothing.”

But, for 50, it was a lot of money since he did not have access to that type of money when he initially signed that record contract.

“I’m from 134th Street. A million dollars is a lot of money. I think I hit the lotto. How are you gonna say that it’s no money? I just never forgot that because of how it felt.”

While 50 is still making money moves and is adding to his bank account, Dash has gone in the opposite direction.

A scheduled auction to sell off his 33.3% stake in the label is being done to help him satisfy a $823,000 judgment owed to movie producer Josh Webber. In a recent interview, Dash admitted to being “broke” but expressed why he is currently in that position.

“Somebody asked me how I got so broke. Um, investing in my dreams. You know, when you’re investing in your dreams, and you dream big, you’re always gonna be broke. You’ll have a lot of s**t, but I don’t have no money for nobody else if that’s what you call broke. That’s what it is. Either way, I’ma get with y’all. Stay tuned. I’m curious to see how it all rolls out.”

Billboard recently reported that the auction, initially slated for August 29 has been pushed back to September 21 in New York City.