|Income from the sale of Beats by Dr. Dre (2014)||$750 million|
|birth date||February 18, 1965 (57 years old)|
|Born in||Compton, California, USA|
|Marital status||married to Nicole Young (since 1996)|
|profession||Rapper, entrepreneur, producer, DJ|
|Full name||Andre Romell Young|
|children||2 (Truice, Truly)|
|company||beats by dr dr|
how rich is dr dr?
With the Niggaz Wit Attitudes (NWA), US rapper Dr. Dre in the 80’s story. NWA established gangsta rap, hard beats and titles like “Fuck Tha Police” made the musicians as famous as they were notorious. Eventually, the members parted ways, pursuing solo careers from then on. dr Dre succeeded as a producer and protégé of the rapper Eminem. However, he achieved the greatest success with his headphone series Beats by Dr. Dre and their sale to Apple in May 2014 for. Dre earned $750 million (before taxes) from his 25% interest in the sale of Beats. So about $500 million net. That’s the equivalent of 441.5 million euros. If you add to this his previous income of around 247 million euros from his musical activities, you get an unbelievable result Assets of 440 million euros . Only super rich rappers like Kanye West , Jay-Z or Diddy can keep up. However, the fortune is in danger because his wife Nicole Young wants to divorce after 24 years of marriage and according to US media there is no marriage contract.
Super Bowl LVI – Halftime Show 2022
Along with Snoop Dogg , Eminem , Mary J. Blige and Kendrick Lamar, the rapper is hosting the famous halftime show at the Superbowl 2022.
dr Dre’s Childhood and Youth
was born dr. Dre as Andre Romell Young on February 18, 1965 in Compton, California, a suburb of Los Angeles. His mother was married three times. Through her 3rd marriage to Warren Griffin, his son Warren Griffin III – later rapper Warren G – became Young’s stepbrother. In 1976, Young attended Vanguard Junior High School in Compton. Due to gang fights in the traditionally dangerous part of town, he transferred to a school in a safer suburb. A later change of school took place due to his poor performance. The attempt at training at the aircraft manufacturer Northrop Corporation also failed due to the school results.
First successes as a rapper
Young, who from the mid-1980s Dr. Dre named, had early success with the hip-hop pioneers of the World Class Wreckin’ Cru. In 1985, a $100,000 record deal with CBS Records caused internal musical and financial disputes, so Dr. Dre left the band that same year. After meeting rappers Ice Cube and Eazy-E in 1986, the three formed NWA, whose music and content were decidedly heavy. Compton’s violent and criminal milieu was deliberately addressed and stylized as a trademark. The group’s second album ” Straight Outta Compton ” brought them their commercial breakthrough in 1988 and sold two and a half million copies. Two more albums followed before NWA disbanded in 1991.
From then on, Dr. Dre on solo paths. In addition to his own career, he also promoted the careers of other rappers as a producer. In 1991 he co-founded Death Row Records with Suge Knight and signed the then unknown Snoop Doggy Dogg . Disputes with Knight and the artists of Death Row Records led to the label’s exit in 1996. Beginning in the late 90’s, Dr. Dre appears less and less as a musician. Instead, he produced budding stars. His biggest discoveries include rappers 50 Cent and Eminem .
After leaving Death Row Records, Dr. Dre signed the Aftermath Entertainment label in January 1996. From the outset, the creed of “quality over quantity” has been followed to produce a manageable but first-rate series of releases. Rappers like 50 Cent, Busta Rhymes and Eminem released albums through Aftermath Entertainment. Of the 20 albums released, 16 received platinum or higher awards. A real label of success! In 2001, Dr. Dre sold 30 percent of his label stake to Interscope Records for around $35 million .
In 2006 Dr. Dre teamed up with Jimmy Iovine Beats Electronics. The company is best known for the production of exclusive headphones sold under the Beats by Dr. Dre are offered. There is also a music streaming service called Beats Music. In 2011, the Taiwanese telecommunications company HTC bought shares for 300 million dollars and held the majority of Beats with 50.1 percent. Just one year later, HTC sold back 25 percent of the shares and said goodbye to the business entirely in September 2013. In the same month it was announced that the renowned Carlyle Group was involved with an investment of 500 million dollars. Estimated sales of Beats 2013: more than 1.2 billion dollars.
Sale to Apple
In early May 2014, rumors circulated that Apple was planning to acquire Beats Electronics; Offered purchase price: 3 billion dollars. This marked the start of the largest takeover in Apple’s corporate history. Even before the contract was signed, Dr. However, Dre woke up with a video in which he confidently titled himself the first rap billionaire. The deal, which was already planned for May 12, was finally confirmed by Apple on the 28th of the month. It actually paid 2.6 billion in cash and 400 million dollars as a participation. As previously mentioned, Dre earned $750 million before taxes from his 25% interest in the sale of Beats. That’s the equivalent of 660 million euros.
Hip hop cash king Dr. dr
Musical talent and a feeling for up-and-coming youngsters paved the way for Dr. Dre’s career path, which is expressed in numbers as follows:
- 2001: According to Rolling Stone magazine, Dr. Dre is the second-highest-paid musician of the year with earnings of just under $52 million.
- In 2004, he ranked 44th among the top 50 earners with an estimated $11.4 million.
- In 2012, Forbes magazine estimated the producer’s net worth at $270 million. Earnings of $110 million make him the #1 highest- paid musician of the year .
In 2014, Forbes crowned Dr. Dre is the undisputed king of the hip-hop cash kings with an annual income of $620 million . The magazine later said it was the highest sum it had ever awarded an entertainer. Not only that, even if all 24 of the other rappers listed combined their earnings, they wouldn’t come close to that $620 million.