Dr. Dre is an American record producer, rapper and entrepreneur was made a deal with Apple-Beats Electronics.
The music mogul all but confirmed Friday that Apple was buying Beats Electronics, the company he co-owns that makes the good doctor’s wildly popular Beats by Dr. Dre headphones, for $3.2 billion.
Meanwhile, Reuters reported that the iPhone maker was close to inking a deal with Dre that would make the 49-year-old former chief of Death Row records hip hop’s highest roller
Calculated by Forbes that after capital gains taxes, the deal would actually leave Dre about $200 million shy of being a billionaire. And his new net worth of around $800 million would not be enough to land him a spot on the Forbes 400.Meanwhile, Reuters reported that the iPhone maker was close to inking a deal with Dre that would make the 49-year-old former chief of Death Row records hip hop’s highest roller
But it would make Dre hip hop’s highest roller, putting him ahead of Puff Daddy, who currently tops the magazine’s rap-to-riches list with a net worth of $700 million.
Dre, whose real name is Andre Romelle Young, is second at $550 million
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