Some questionable choices led to DMX's negative net worth. His significant financial downfall seemingly began following his marriage to Tashera Simmons when it was revealed he'd father at least two children outside of their marriage. In 2008, MTV News reported he was forced to pay $1.5 million to Monique Wayne, the mother of one those children. Child support has also been a big drain on his finances, as he's father to 15 children. In 2015, The Guardian reported that he was sentenced to six months in jail for failing to pay $400,000 in child support.
The arrest came two years after he filed for bankruptcy. Going by his real name of Earl Simmons, he claimed in legal papers filed in 2013 that he had less than $50,000 in assets but was between $1 and $10 million in debt, including $1.24 million in owed child support, per Celebrity Net Worth. However, Entertainment Weekly confirmed the filing was dismissed after he allegedly "failed to provide trustworthy information."
Things only got worse from there. In 2018, TMZ reported he was sentenced to a year in prison for tax evasion and was also forced to pay $2.3 million in restitution. He was put behind bars for failing to pay $1.7 million in taxes and for hiding sources of income.
We're praying for a speedy recovery for DMX so he can get his net worth back into the positive figures.
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