Dr. Dre is joining the billionaire’s club! According to reports, the rapper and mega music producer is in the final steps of closing a deal with Apple to sale his Beats Electronics brand.
Sources say Apple is snatching up the company that brought us Beats By Dre for a whopping $3.2 billion! “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,” TMZ repots. “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, which is on its way to becoming Apple’s biggest acquisition yet, is expected to close next week.
As we reported earlier, the headphone connoisseur landed at No. 2 on Forbes wealthiest artists in hip-hop list last month. Coming in second to Diddy, Dre’s net worth was estimated at $550 million.
Somebody pop the bubbly!
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1. For The Love Of Money
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3. Eve With Husband, Maximillion Cooper
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6. Beyonce With Hubby, Jay Z
The most powerful couple in music collectively make a billionaire. Jay is reportedly worth $500 million and together, they are worth $4.1 billion! From endorsements to sports teams to fragrance, fashion and beyond, this couple is truly a wealthy force to be reckoned with.
7. Naomi Campbell With Controverisial Ex, Vladimir Doronin
Vladimir is reportedly worth $1 billion. He is the President of Capital Group, a Russian real estate development and construction company focused on elite housing complexes.
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9. Iman With Hubby, David Bowie
Bowie is reportedly worth $215 million--not quite a billion, but at this point, who needs to be counting!? David Bowie has been making music for almost 50 years and has been upheld as an icon for his entire career.
10. Angela Howard With Hubby, Matt Stone
South Park creator, Matt Stone is reportedly worth $300 million. This is not quite a billion, but I'm sure Angela isn't upset about her hubby's pockets.
11. Grace Hightower With Hubby, Robert De Niro
Robert De Niro hasn't quite hit billionaire status, but his reported $185 million net worth is nothing to sneeze at.
12. Patrice Motsepe WIth Hubby Dr. Precious Moloi Motsepe
Patrice Motsepe is reportedly worth $2.65 billion and all from his mining company. Patrice is the richest mogul in South Africa and his wife is equally as impressive, spearheading African Fashion Week.
13. Sheila & Bob Johnson
Even thought the two are no longer together, Bob was the first Black billionaire with a net worth of over $1 billion.
14. Hanna & Hubby, Mohammed Ibrahim
Mo Ibrahim is reportedly worth $1.1 billion from his mobile phone company, Celte that now serves 23 countries in Africa and the Middle East. He sold it in 2005 for $3.4 billion and pocketed $1.4 billion.
15. Princess Angela Brown & Prince of Liechtenstien Maximilian
Prince Max is reported worth $2 billion and made his lovely wife, Princess Angela the only non-Caucasian princess of a reigning European monarchy!
16. Gwen Adams & Hubby, Peter Norton
Norton is reportedly worth $400 million--not quite a billion, but close enough! The American programmer, software publisher, author and philanthropist accumulated his wealth as Computer Programmer and by selling his company PC software company Norton to Symantec Corporation in 1990.