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Forbes to Dr. Dre

Not So Fast ...

You're No Billionaire

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

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.



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Previous 15 Comments | 3 | 4 | 5 | 6 | 7 | 8 | 9


He is the first rapper to make a billion dollars. You can't take that away. He'll have that status until he pays his taxes. He may not net a million but he grossed it. #stophating But, thanks for the break down.

166 days ago


He still has way more than 95% of

166 days ago


Guys check out this website, it's super easy to make quick cash here. You just need to reach $300 and then you are able to withdrawal that $300 it's far easier than you would think. I promise it's not BS!.

166 days ago


Really you guys are so jealous that you had to make it a point that he isn''t worth a billion after taxes.

166 days ago


After a career of ripping other artists off, stealing beats etc. So nice to see that he is making money off what is no doubt somebody elses idea.
Guys who think this man is great.... Grow up
Hes got all the minerals to be your president!!!!
Born liar. Takes credit for other peoples ideas....

165 days ago


bragging about being richer than you actually are only attracts the taxman. Plus its just so vulgar. So ghetto. So stupid. he trying to impress who exactly? his old buddies from the hood?

165 days ago


who cares? hes rich regardless lol

165 days ago


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!!! + 30 Million C'mon Haters ......

159 days ago
Previous 15 Comments | 3 | 4 | 5 | 6 | 7 | 8 | 9

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