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Dr. Dre Named "Wealthiest Hip Hop Artist" After Apple/Beats by Dre Deal


(AllHipHop News) Close but no $1 billion cigar. Three weeks after Dr. Dre proclaimed himself Hip Hop’s first billinoaire in a cell phone video with Tyrese, his wealth is being reported at over $200 million short following the $3 billion sale of Beats by Dre.

Speculation of Dr. Dre becoming Hip Hop’s first billionaire artist/producer surfaced once rumors of the eventual Beats by Dre sale surfaced less than a month ago. However, Billionaire.com reports Dr. Dre’s overall networth at being at $790 million.

The details of the sale were not made public, however Forbes speculated a similar wealth total for Dre and assumed Dr. Dre’s payout would be half-cash and the rest in Apple stocks. Since Apple CEO Tim Cook has revealed that both Dre and Iovine will have roles at Apple, stock options exchange seems likely. In addition, Dr. Dre and Jimmy Ionvine only own 25% each of Beats and after taxes, the $3 billion payout turns Dre’s payout to roughly $240 million.

  • Still a success.

  • One hitter quitter 💪👊

    Yea u right but my OG always told me never count ya money too early and don’t run ya mouth to quick be 4 u get paid lol

    • RightOn

      Your OG is a wise man.

  • Kevin Anthony

    Congrats Dre! June 1st. “The Classics” Soundcloud. kevin Anthony-21

  • MR..ASS..TO..MOUTH..

    dre has been winning tho……deathrow,aftermath,beats “even when i was close to defeat i rose to my feet” …i think that verse cements what dre is really about.

  • Sgt. H. Jennings

    Still a nice payday. Dude is sitting very nice at the moment. Good to see cats get it done……….

  • HATER PROOF

    LMAO…for trying to tell another man whats in this mans account !!!
    smmfh at the media and at the clowns that believe (them)

    • scullyson

      lol…

  • jon dubock

    Was so looking forward to him being a billionaire……now will have to continue to listen to Jay-Z brag about how much money he makes….

  • Escobar

    Just goes to show even from Compton you can make it. No one can really have an excuse.

    • TruthnoLie

      30,000,000 – 1 = to many Excuses

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  • The Arsonist

    He will be a billionaire in the next 5 years.

    • Dope

      He doesn’t even need to work for it. He can sit back, relax and watch his money grow and become a billionaire in that time, maybe even sooner.

  • LoverOfHipHop

    Good for him. Congrats

  • Congrats to Dre, I remember how 2pac used to diss Dre, now Pac is dead and Dre is winning. You all gotta respect him

    • WeakSauce

      Dr. Dre is, Dr Dre is locked in my basement

    • tra mo

      Wat type of sucka logic is that

      • Str8 up bruh where do people come up with the shit they say

      • NEWSKULL

        LMAOooO

    • Dhz30

      most retarded shit i read on this site in a minute, n thats saying a lot

    • bisolabliss

      Winning what exactly? Priorities my dear, priorities…it’s the most essential thing in life. What are your priorities?

      And Dre didn’t ever sweat the money stuff to be honest, he’s low-key like that and he gets double points for that.

  • That’s wsup get it dre…..we aint ever gon see detox but congratulations

  • Immortal

    “someone plays Jay Z’s A Billie remix”….Dre just laughs

  • Executive

    A real boss. This man left deathrow with them owing him millions!! Now look at him, The Lord works in mysterious ways.

  • Executive

    Meanwhile Suge standing on the corner babbling.

    • Lord Saltsworth McGinty III

      Suge: I got the toe jam! Who got the peanut butter!?!

    • hoeyuno

      Suges walkin to McDonald’s right now for free wifi to read the news..

    • Poseidon

      Suge just pulled up the antenna on his flip phone, tryna get someone on the line to confirm it.

  • bigdo

    Dre’s story is innately American… it’s also so, so, so rare… Amazing that he’s come this far…

    enough of that though right? We still want Detox this lifetime Dre!!!

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  • brotha_man

    ahhhh shizzz i forgot they sold over half the company to HTC…..ah well, still hella good bread doe. get toasted tonight… cheers to all the people that held the comment forum down.

    • therealwayno

      They bought those shares back from HTC a while ago. HTC made 100 million or something like that on the buy back.

      • 5% Hov

        Thanks

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  • W.$.G.T.$

    damn. straight outta compton. epic WIN!

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  • SMOKE

    I swear it just said he owns 25% of the beats so 25% of 3 billion is 750 million. Please tell me how he ain’t a billionaire!

    • Product of Da Reagan Era

      I.R.S

    • tone p

      you forgot about taxes(about 51%) remember uncle sam gets paid 1st and when you dealing with that much $$$ the most!!!

      • RightOn

        Well said Tone P.

      • 5% Hov

        Its not cash. You pay no/low tax on share dividend

  • hoeyuno

    I mean dre came a decade before puff, jay and fif so its only right..even thought dres shy that billion we solute you for keeping your ear to the streets and bringing us some of our loudest icons. .N.W.A., snoop dogg, Eminem, Nate dog etc….

  • LetsBeRealpeople

    (I’m f*cking jokin’)

    However…if Dre is only a few miles from his billion (plus, minus, carry the one…)
    All he got to do is release Detox:

    Option A) Sell Detox to Apple, mimicking the MCHG model
    Option B) The Wu model, one case- highest bidder
    Option C)…Just release Detox as planned and get it over with already.

    If Detox is his introduction into “High Society” well f^cking played.

    (but of course…it will never happen)

    • RightOn

      You might have something there…with “of course it will never happen”

  • LetsBeRealpeople

    Keith Nelson,

    You might want to send a wake up text to Illseed, so he can update his sleepy column on this story….
    You can find him swinging around Jay Z’s balls, in the fetal position.

    • hoeyuno

      Hes on kim and kanyes honeymoon yacht. .they call him in every 20 mins to apply more lube to kanyes balls..in exchange he gets the exclusive on there divorce in November. .

  • hoeyuno

    YOUTUBE=CROOKED I-SAY DR.DRE

  • Freezamon

    I wonder how Suge Knight feels…..JS

  • MADNEWYORKER914

    I am happy for “DRE”!!! But we all know that he didn’t actually create those head phones. He just put his name on it!!! But that schitt must be nice???

    • ItGoesDownINtheDM

      250 million to borrow the name is one heck of a price … still worth more but if you gonna settle hey thats a good # to settle with lol

  • therealwayno

    It’s gotta be somewhat uncomfortable having a net worth of 790 million with everyone knowing you have it.

    • 5% Hov

      more uncomfortable than being broke?

      • Myleage

        with niggas robbing…yeah

      • 5% Hov

        Or Naw

  • Taruas

    dre n irovitne got paid CASH n STOCK by apple….only cash will be counted toward dre being a millionaire…i think