Dr. Dre Selling Beats To Apple For $3 Billion


(Gossip-Grind News) Dr. Dre Selling Beats To Apple For $3 Billion:

Looks like Puff Daddy may have some competition for next year’s Forbes’list of Hip-Hop’s Wealthiest Artists.

With the pending sell of Beats Electronics to Apple, hip hop pioneer and West Coast legend Andre “Dr. Dre” Young may be on his way to becoming the first rap billionaire.

TMZ reports:

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.



  1. Pingback: Dr. Dre Selling Beats To Apple For $3 Billion - getmybuzzupgetmybuzzup

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

The Latest

To Top