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Former rap mogul and emperor of bling Damon Dash may soon have a new moniker: Turnaround King.

The question on the minds of Hip-Hop cognoscenti, the glitterati and reporters alike is whether Dash, who co-founded the twin cash cows of rap music and fashion, Roc-A-Fella Records and Rocawear, will earn the dubious distinction of actually living a “hard knock life” after having earned a fortune for producing a smash record of the same name.

The mogul, once one of the ten richest and most powerful men in Hip-Hop, is now reportedly broke. He lost his home, and a Manhattan judge even ordered the city to seize his SUV because he couldn’t afford his monthly car note.

Click here as our sister site The Atlanta Post takes a look at Dame as he works his way back.