Dr. Dre and Jimmy_Iovine

Hip-Hop Rumors: Did Dr. Dre JUST Become The First Hip-Hop Billionaire?


Dr. Dre is celebrating and it looks like the rumors MUST be true! Dre made so much money off of Beats being sold to Apple that it took him over the Billionaire mark! Goodness gracias!

Peep how he and Tyrese got to poppin’ all the while representing the West Coast!

RELATED: Apple Set To Purchase Beats Electronics for $3.2 Billion

Damn. Jay, Diddy, Russ and others just gonna have to give it up. Dre is the choosen one.

“They keep us talking, but if we stop talking about them then they should worry!” -illseed.

Illseed, Out.

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  • yesanditcounts

    And people thought Dre was crazy for leaving Death Row Records. Got the last laugh on Suge’s ass.

    • Jared

      Who thought he was crazy? I mean I was young and new that was a good mo.

  • Jonathan Bacher

    Fkn idiots. There already ARE black billionaires.

    • scullyson

      Right,

    • Papi Peligro

      Labels can be replaced talent can’t.

    • Jared

      Who mentioned anything about Black billionaires? lol…It says “Hip Hop”

      • Jonathan Bacher

        Guess what….They edited it !

      • Jared

        Wow they actually took the time to edit something? lol

  • Johnny Boy

    It took Diddy his whole career to get to $700 million.

    And it took Dre 5-6 years to get to $1 Billion…lol.

    • dehova

      And you and I won’t ever see that sort of paper talking cack on All Hip Hop message boards

      • Johnny Boy

        True but, I just thought it was kinda funny that he got there so fast…haha.

      • PorchBoySlim

        You talking like $700 million is something to laugh at…shit I would take $7 million and dare a broke nigga to laugh at me. lol

      • $28825362

        Shyt, I’ll take $700,000!

      • dehova

        lol!!!!

    • Jonathan Bacher

      Course not. Dre is older than Diddy and the Beats brand very heavily relies on his carreer as a producer/artist. He’s been working on this since he first did music professionally.

    • C Black

      5-6 years?!! More like 25-26 years mane. When do you think he started saving and investing the money to get up to a billion. Probably when NWA first hit the streets. Shits a marathon baby.

    • Jared

      That doesn’t even make sense. Look how long Dre has been in the game. Think about what you just said lol

    • DirkDigg1er

      I applaud both efforts. Making dreams come true ain’t easy.

  • bogus

    Who said something about Dre being the first black billionaire. Read you idiot!!

    • PorchBoySlim

      The headline on the main page said Dre was the first black billionaire my dude.

      • scullyson

        yeah it did.

  • Phibes

    Please change that headline about him being the first black billionaire. I noticed you guys like to post any & everything without proof reading or fact checking .No wonder this site has lost it’s credibility. Just plain ole ignorance at it’s finest!

  • Kofi Aychmeng

    Um guys you got bobby johnson, you got Oprah they were billionaires before Dr. Dre. He is the FIRST Hip Hop artist to be one. He isn’t the first black billionaire hope they change that title on the home page

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  • Papi Peligro

    Lesson he did it with only releasing what 2 albums. The last being like 13 years ago. Money isn’t in the music but the music gives you business options.

    • Real Spill!

      I started with $E$ right here in the Rumors sections & moved on to 4UMF.

      Now I’m only $999,999,999.99 away from hitting the billion mark!

  • STRONGEST LEADER SINCE PAC

    2pac=GOAT…Pac wrote and recorded “7 Day Theory” in 3 days. And during those 3 days, he recorded 21 songs. That’s 7 songs a day…He finished “All Eyes On Me” in 2 weeks. He wrote “Hail Mary” in 30 mins. As a matter of fact, he released 3 classic albums in 1 year. And “All Eyez on Me” was a double album, which is considered two albums. So that really 4 albums in 1 year…No rapper in history has ever made classics that fast…Plus, Pac never had a Dr. Dre, Rick Rubin, Just Blaze, Kanye West, or Timberland who are argueably some of the best hip hop producers ever. Also, in 5 years, Pac created 17 years worth of material. If that’s not the GOAT, i don’t know what is….One more thing, at 25, Pac had 5 classic albums under his belt…Tell me how many your favorite rapper today had at 25…

    Jay, Em, and Nas are nice, but they have a long way to go before they reach Pac’s level…peace

    • what does this have to do with the article? At the end of the day, no one cares that you think Pac was the greatest. I say he isn’t. Does it matter? nope.

    • Realist4200

      “Pac never had a Dr.Dre”… Yes, he did…

      • STRONGEST LEADER SINCE PAC

        DRE PRODUCED 2 SONGS THE WHOLE TIME PAC WAS AT DEATH ROW…

      • Realist4200

        “Never”
        “2 songs”

        Pick one

      • STRONGEST LEADER SINCE PAC

        2 SONGS OUT OF 100 SONGS IS NOT CONTRIBUTING TO SOMEONES SUCCESS….SO I SAY, “NEVER”….

      • Realist4200

        You’re not good with numbers, or logic, are you?

      • STRONGEST LEADER SINCE PAC

        PAC RECORDED OVER 103 SONGS AT DEATH ROW, AND DRE CONTRIBUTED TO 2 OF THOSE….IT GETS NO CLEARER THAN THAT…

      • Realist4200

        “Never had a Dr Dre” “he did 2 songs with him”
        “2 songs out of 100” “he recorded over 103 songs”
        “It gets no clearer”

        Yeah, thanks for your clarification on the matter.

      • STRONGEST LEADER SINCE PAC

        YOU ARE PLAYING SEMANTICS….ITS CLEAR YOU ARE A WEED HEAD…THAT WE KNOW FOR SURE…

    • KRS One

      Criminal Minded – Age 22
      By All Means Necessary – Age 23
      Ghetto Music : The BluePrint Of hip Hop – Age 24
      Edutainment – Age 25

      #IJS

      Then there are the clasic freestyles that were actually….freestyles.

      • STRONGEST LEADER SINCE PAC

        Ghetto Music and Edutainment didn’t receive a classic rating by anybody…

      • You bugging!

        Edutainment was probably the best classic ever, and “The Blue Print” was copied by Jay Z & Weezy!

        *2nd best…behind “Nation Of Millions” by Public Enemy.

      • STRONGEST LEADER SINCE PAC

        PEOPLE COPIED “MC HAMMER” PANTS TOO…

      • People always copy the flavor.

  • SleepyTheGreat

    Im Happy For Him…..This Means Detox is Coming or Officially Cancelled Forever lol

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  • let’s be clear (and properly informed), Dre isn’t getting broken off all of that $3.2 billy….not even half of it. There’s other shareholders that bread goes to, and likely in the way of increased shares. People make it seem like he’s getting a check or direct deposit behind this. That’s not how these acquisitions work – unless Dre is selling all of his stakes in the company.

    • Realist4200

      I think they’ve been saying he’s in line go get about 1 billion dollars off of it.

    • chocboywonder

      A lot of money but they have to pay off their debts first, which they just got $500 million from Carlyle Group (which they have to pay with interest). Plus they have to pay off that promissory note to HTC (which they gave to buy the company back from HTC), and other misc. debts…so that $3.2 Bill is probably $2.2 Billion….then they probably getting paid in stocks, and if they sell the stocks, they will come out with about 50% of the value of the stocks ($1.1 bill)…which they have to divide up between people holding interest in company (and it’s not just Jimmy and Dre). However if they don’t sell their acquired apple stock, he will be considered a billionaire, based on stock valuation.

      • Jehiel

        Very informed. Thanks. Beats has a ton of obligations, that I am sure of. Carlyle invested equity so they will get their pro-rata share back. But being paid in stock isn’t a bad thing and actually par for the course for large acquisitions . Considering it is Apple stock (stable value stock in a company with $160 billion in cash on balance sheet) the risk is fairly small. Also not sure why the stock would be 50% if sold – unless they need time to vest – which in my mind doesn’t matter considering it is an investment in one of the top performing stocks in the market worth holding. I think this is huge for Dre and hip hop. I hope the deal goes through!

      • Ya’ll 2 MuddaChuckaz need to holla @Chuck Creekmur & @illseed for a slot on All Hip Hop Financials here on AHH!

        Thanx for taking the time to put those comments together!

      • Jehiel

        Lol. No doubt. The brother did some thorough research – Wall Streetz Journal! I gotta say, it’s encouraging to have positive/thoughtful conversation in the comments. Salute to the allhiphop site and its readership.

      • No doubt, but I was serious….that would be a power move!

      • Peace!

    • 25% of $3.2B stil puts his $750 Mil over the Bill mark.

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  • Cyrus021

    “goodness gracias”? lol