The deal hasn’t been made official yet, but Dr. Dre is well on his way to becoming Hip Hop’s first billionaire. The rapper/producer/entrepreneur is selling Beats by Dre to Apple for $3.2 Billion.
Apple is “closing in” on what would be its largest ever acquisition, a potential $3.2 billion purchase of Beats Electronics. Beats is the popular high-end headphone maker founded in 2008 by Dr. Dre (currently number 2 on Forbes richest rappers list) and music producer Jimmy Iovine. Beats also operates a new streaming music service.
The announcement has not been made yet, but Dre is already celebrating…with Tryres in a video which just dropped on YouTube, Dre can be seen and heard saying
Quote
“You staring right here at hip hop’s first billionaire, right here from the muthaf**kin west coast!”
A few weeks ago Forbes released it’s list of richest rappers, Dr. Dre was number two on that list with an estimated net-worth of $550 Million Diddy – $700 million Dr Dre – $550 Million Jay Z – $520 million Birdman – $300 50cent – $100 million Forbes needs to amend that list, with the Apple acquisition Dre would need a whole new list with just him on it cos he is not on the same level with any of the others! #BillionaireBoysClub
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