Superproducer/rapper, Andre “Dr. Dre” Young, has an estimated net worth of $700 million in 2015, according to Forbes. He expanded his wealth with Aftermath record label, Beats headphone and HP laptop line.
On 11th August 2011, Dr Dre reportedly sold 50% stake in Beats Electronics, the headphone company to Taiwanese smartphone maker HTC for £191 million ($310m). Forbes Magazine looked into what the deal may mean for Dr. Dre’s net worth, which was last estimated at $125 million. By the magazine’s back-of-the-envelope calculations, Dre net worth is $260 million, meaning the deal added $135 million to his fortune.
Dr. Dre may not have put out a new album in the last 10 years,but the rapper and producer has reaped the rewards from his business. Dr. Dre helped launch careers of Snoop Dogg, Eminem, 50 Cent. More than any other rapper, Dr. Dre was responsible for moving away from the avant-noise and political stance of Public Enemy and Boogie Down Productions as well as the party vibes of old-school rap. Instead, Dre pioneered gangsta rap and his own variation of the sound, G-funk. Born Andre Romelle Young February 18, 1965 in Compton, California. Dr. Dre is married Nicole Threatt since 1996.
Beats Audio was Purchased by Apple in May 2014 for $3 Billion dollars, making Dre leapfrog as the Richest Man in Hip Hop, surpassing Long time reigning Diddy and Jay-Z. It is estimated he earned a solid $650 million before taxes, and that his Net Worth instantly climbed to around $810 million.
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