Dr. Dre Will NOT Be A Billionaire After The Sale Of Beats

Black America Web

Dr.-Dre-Monster-Mixer

Despite what reports and people are saying, Dr. Dre will not be a millionaire after Apple acquires Beats. Word hit yesterday that Apple wanted to buy the headphones company for $3.2 billion, so naturally it was assumed that Dre would easily become a billionaire, bit that?s not the case.

Dre owns 20-25% stake in Beats, according to Forbes. With the sale and after taxes, that would leave him with a net worth of $800 million.

The sale would make him the richest rapper, leaving him with $100 million over Diddy, who was just named the worlds richest rapper recently. But it would not leave him with enough to crack Forbes top 400.

Billionaire or not, the deal is no small feat. I?d make it rain (in my bank account) with $800 million any day.

[ione_media_gallery src=”http://theurbandaily.com” id=”2809471″ overlay=”true”]
MORE LINKS ON THE URBAN DAILY

Is Jay Z…

View original post 23 more words

About Dj J Watts & The Movement Music Group

Dj J Watts The Kid From The Carolina Putting On For The Carolinas www.JWattsLive.com
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s