Dr. DRE just made history by becoming the FIRST rapper to reach billionaire status by selling his “BEATS” to APPLE for 3.2 Billion dollars! πππ Daaaaaaaamn DRE! This is beyond major for Dre and I just damn near coughed up a lung once I wrapped my head around how much money that is. Wowzers! Here’s the story according to TMZ:
Dr. Dre could be days away from being the first rapper turned BILLIONAIRE … thanks to a mega-deal for Apple to snatch up his Beats Electronics brand.
Apple will reportedly buy Beats for a whopping $3.2 BILLION — and since Dre and Interscope honcho Jimmy Iovine created the brand … it’s a safe bet they will walk away with a huge chunk of that cash.
Dre and Jimmy created the brand back in 2008 with headphones — but now they’re also making bank off speakers, car audio systems, and a streaming service.
The deal could close next week … and would be Apple’s biggest acquisition ever.
Dre came in #2 on Forbes’ most recent list of hip hop’s wealthiest artists — with a net worth of $550 million … while Diddy was #1 at $700 million.
The Apple deal — first reported by Variety — could easily push the Doc to the top of that list. This would also explain his purchase of Tom Brady’s mansion.
Dope Deal Dre! Talk about a Dre Day…lol.
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