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Music producer SCOTT STORCH found himself filing for bankruptcy after splashing out $250,000 a month on drugs, girls and flash cars.
The former mogul admits every day was a spending spree when he was high on cocaine - he would regularly take his entire entourage on last-minute getaways revolving around sex and drugs.
Storch, who has previously confessed to wasting $30 million on his cocaine addiction, reveals he would stay up for days on end, strung out on illegal substances - and then head to a car dealership to make an expensive impulse buy.
He tells Details magazine, "We'd be at a club and I'd decide to take everyone to Las Vegas. Do more coke, f**k a bunch of girls. Be up for two days and decide at 11 in the morning to go buy a Rolls-Royce. I probably bought 10 cars when I was high."
But he came crashing back down to reality when he realized he'd "burned through" his multi-million dollar fortune and was forced to declare himself bankrupt in May this year.
He adds, "I was burning through about $250,000 a month, mostly on partying. I was spending money I had no business spending."
Storch is now attempting to rebuild his shattered career after sobering up following a stint in a rehabilitation facility in Florida earlier this year.