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Dr. Dre

Getting $3 BILLION for Beats!!

Apple Deal Reportedly Close

5/8/2014 4:15 PM PDT BY TMZ STAFF
breaking news

Dr. Dre Selling Beats Apple
Dr. Dre could be days away from being the first rapper turned BILLIONAIRE ... thanks to a mega-deal for Apple to snatch up his Beats Electronics brand.

Apple will reportedly buy Beats for a whopping $3.2 BILLION -- and since Dre and Interscope honcho Jimmy lovine created the brand ... it's a safe bet they will walk away with a huge chunk of that cash.

Dre and Jimmy started the brand back in 2008 with headphones -- but now they're also making bank off speakers, car audio systems, and a streaming service.

The deal could close next week ... and would be Apple's biggest acquisition ever. 

Dre came in #2 on Forbes' most recent list of hip hop's wealthiest artists -- with a net worth of $550 million ... while Diddy was #1 at $700 million.

The Apple deal -- first reported by Variety -- could easily push the Doc to the top of that list. This would also explain his purchase of Tom Brady's mansion

Keep their heads ringing. 

197 COMMENTS

No Avatar
76.

Mr.Dees    

Good for Dre. Diddy who? Jay who?

132 days ago
77.

AV    

According to the Wall Street Journal, the Beats is a closely held company that does not disclose financial or ownership information, so establishing a value for Dre’s stake in the company involves a healthy degree of guesswork. Sources are say that Dr. Dre has on 5% of ownership if that, he is only a spokesman for the company just like Diddy is with the companies he represents, so Dr. Dre has 150 million ownership which would he clear around $75 million after taxes? All the other figures are tabloids talk?

132 days ago
78.

Cenobites    

Ez e was the talent of nwa and ice cube

132 days ago
79.

Yurra Knutz    

My roommate's step-sister makes $36 an hour on the computer.

Look bro, this freeloading bitch is going to have to start paying me rent starting today or, you and her are out!

132 days ago
80.

scott    

Do your thing Dre!!!!

132 days ago
81.

BeiberVegasHoHo    

Easy E died of Aids. ice Cube does family movies. DRE is a Billionaire!

132 days ago
82.

Surfgirl    

Wow he's gonna beat it!! Good for him!!

132 days ago
83.

Madelaine J    

The best part of this is that all you haters are being soooo nice about Dre today! Yesterday he was gonna go bankrupt cuz he was a one hit wonder! Lol. Smh. Losers! Dre is an amazing rapper, writer, producer AND business man!

132 days ago
84.

sy    

Good for Dr.Dre and F that Frank Sinatra wanna be lol nobody wants your liquor dumbass.

132 days ago
85.

otacon    

Beats are fashion accessories nothing more.... audiophiles use Sennheiser..

132 days ago
86.

Rigby    

Damn! That's a major come up

132 days ago
87.

Chris    

My co-workers mom made 3.2 BILLION ****ING DOLLARS for doing nothing but rapping while wearing girlie headphones.

132 days ago
88.

imdaman    

Dayummm that foos guna be filthy rich get it dre meanwhile I'm stuck at home grubbin on top ramen but I ain't hatin

132 days ago
89.

richardsumilang    

Woah

132 days ago
90.

Daniella M Rutel    

BEATING BEATS BEATING BEATS

132 days ago
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