Is Dr Dre the first billionare in Hip-Hop? you can file the answer to that under “not certain yet”. However, one thing that is very certain is the report that Apple is looking to buy Beats Electronics for $3.2 billion and this has got people wondering: could the deal make founder Dr Dre hip hop’s first billionaire?
about two weeks ago, A recent ranking by Forbes of the wealthiest rappers in 2014 estimated that Dr Dre’s net worth was $550 million – just behind Sean Combs (aka PDiddy) who took the top spot with $700m (Jay Z came third with an estimated $520m).
JUST IN: According to Forbes, Dre owns 20-25% of Beats; Apple’s $3.2B buy would make him rap’s richest, worth ~$800M after tax. so we guess the billion is very close but not here yet?