Back in 2014 Apple Music purchased Dr. Dre's Beats headphone company making him the first billionaire in Hip Hop [click here if you missed that].
Not so fast...
Although Dre is often dubbed the hip-hop world’s first billionaire, divorce papers filed with L.A. Superior Court on Nov. 18 place his net worth at $458.2 million, with $182.7 million of that sum in cash, $6.3 million in stocks, and $269.2 million in property and assets, including intellectual property. Dre was believed to be worth considerably more after Apple bought his Beats Electronics in 2014 for $3 billion; his stake was reportedly worth $800 million at the time. It is unclear what accounts for the discrepancy.
10 comments:
Assets and their current value is calculated in net worth...Only gullible mf's that don't ask questions believe anything....
Trump inflated the value of EVERYTHING for aesthetics & to get more funding. Including Forbes Mag stay reporting bogus shit. Its called Fake it til you make it....The more money ppl think you have the quicker they are to cut you a check.
Ni66as still think Kanye & Kylie Billionaire status..
Ninety percent of everything a celebrity does or says is fake. They know Forbes lies about their net worth but they don't correct them because they have to make the general public believe they're somehow better than us. Now that everyone can floss on the internet and get plastic surgery celebrities had to find a way to one up everybody else.
Well taxes would have taken pretty much half of the $800 million, so no big discrepancy there. What's odd is why is he holding so much in cash and so little in stocks?
If Dre ain't a billionaire then...
Neither is Diddy, Jay-Z, Beyonce, and Kylie...
Dre is still doing considerably better than most black ppl in Hollywood - especially since he hasn't released new music or toured in at least 20 years. Whereas, we know Bey and Jay are a staple on the road when it comes to touring. So, again, it makes you realize who the real power players are in Hollywood. A black man who had $200 million in liquid cash, $200+ million in real estate, and intellectual property is doing very well. Maybe not Billionaire status, but, he's doing extremely well for not being in the media, not releasing new music, no tours, and no media leaks to remain relevant.
Aside from being a homophobic, sexist, abuser - Dre is #goals.
^Who said Diddy was a billionaire? Oh lawd folks just say anything as fact. I come to blogs for laughs not for truths.
Put Rihanna in the mix along with Oprah
No one's denying the brother is living very comfortably...its just ppl are so quick to presume based on optics...
Exactly
KANYE AND KYLIE aint BILLIONAIREs
Kim is questionable
TRUMP NEVER WAS
Still richer than me so….
Jimmy Iovine.
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