TMZ

Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

Forbes to Dr. Dre

Not So Fast ...

You're No Billionaire

5/9/2014 1:31 PM PDT BY TMZ STAFF

0509-dre-forbes
Dr. Dre
better stop counting his chickens before they hatch -- calling himself the "first billionaire in hip hop" -- a rep for Forbes tells TMZ, once the $3.2 Billion Apple deal is finalized ... the rap mogul will NOT hit the billion dollar mark.

Forbes Assistant Managing Editor for Wealth tells us ...  they've done the math, and after state and federal taxes ... Dre will be worth in the neighborhood of $800 million.

It appears Dre only owns 25% of the company ... so the max he'd make off the sale is $800 MIL.   After state and federal taxes, he's left with $480 MIL, and when you add in Dre's other assets, that's how Forbes now comes up with $800 MIL.  Close but no cigar.

The editor says, "Not quite enough to debut on the Forbes 400 but plenty for bragging rights.”

In the words of Ice Cube ... check yo self before you wrickity-wreck yo self.

0509-warren-buffett-tmz-01

215 COMMENTS

No Avatar

| 1 | 2 | 3 | 4 | 5 | 6 | 7 | Most Recent | Next 15 Comments
1.

Mr Wood    

BUT HE COULD BUY TMZ AND KICK ALL OF YOUR AZZESS OUT!!!!

76 days ago
2.

zombie    

Well duuuuh. Who was dumb enough to think he was scooping up the $3.2 billion all for himself?

76 days ago
3.

Proud2bBlack    

LOL @ check yourself before you wrickety wreck yourself!!! How emabarrassing all the champagne. Still enough to celebrate and be happy about! Go Dr. Dre one of my all time favorite rappers & Ice Cube :-)

76 days ago
4.

SnowStormsinDetroit    

Figures they'd find away to not let the Black guy be in the club

76 days ago
5.

My_Kingdom_For_A_Nose    

HA HA HA HA HA HA!! In the words of the great Fred G. Sanford, "You big dummy!"

76 days ago
6.

Giggity    

Sounds like maybe he got off in the deal. I mean, he started the company and puts his name on the product, so his business partner gets 75%????

76 days ago
7.

ericcaro    

This article is so true

76 days ago
8.

Brial92    

Lolol so terrible. He was pumped.

76 days ago
9.

Rigby    

Lol Debbie downers.

76 days ago
10.

hayzel3288    

Who cares about some stupid 'list'? The important consideration is 'what is he going to do with his money'? Is he philanthropic? Yes, he has a history of donating to causes that mean something to him.

So, if he continues down that path then that would make him better than many people on that empty list. The only thing important about money is how it's used to better ourselves and our communities.

A lot of people on the Forbes list are also philanthropic, but many aren't nearly so.

Who gives back? THAT is the list that matters., and fortunately this man is on that list.

76 days ago
11.

Giggity    

Actually, Dre is worth 550 mil plus his share of the sale which they claim after taxes is 480 mil, that makes him a Billionaire my friends!!

76 days ago
12.

Bob    

Only in America where a black man can peddle filth music and white kids buy it than turn around and make headphones and once again majority whites buy it.. I thought America was a racist nation.. Shame on Dr. Dre for being sucesfull. How dare him be rich! He should have to give some of his money away! Sorry using the liberal mindset. Good job Dre!

76 days ago
13.

H8Kardash    

HaHaHaHaHa!!!!!!! But I bet Jimmy Iovine is on that list now

76 days ago
14.

Officestew    

Hahaha N word

76 days ago
15.

Toilethead    

Those people are born liars.

76 days ago
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | Most Recent | Next 15 Comments

Around The Web