beats headphones price Dre hits pay dirt with rumored Apple deal

monster beat dr dre headphones Dre hits pay dirt with rumored Apple deal

Dr. Dre declared himself the richest man in hip hop as Apple Inc. closes in on a rumored $3.2 billion deal for the Beats headphone and music streaming business that Dre co founded (he is said to have a 20 to 25 percent stake). Dre had leapfrogged Jay Z into second place on Forbes magazine’s latest rankings of hip hop’s richest artists as his net worth reached an estimated $550 million.

Dr. Dre declared himself the richest man in hip hop as Apple Inc. closes in on a rumored $3.2 billion deal for the Beats headphone and music streaming business that Dre co founded (he is said to have a 20 to 25 percent stake).

Dre had leapfrogged Jay Z into second place on Forbes magazine s latest rankings of hip hop s richest artists as his net worth reached an estimated $550 million.

A purchase of Beats at the rumored amount, as the Financial Times reported late Thursday, would not only represent the largest acquisition for the computer giant, Forbes said, but almost double the value of his holdings, pushing Dre into the billionaire territory.

Of course, capital gains taxes would probably leave his net worth at about $800 million, but he would easily pass reigning hip hop mogul Diddy by $100?million, Forbes added.

Dre went to a studio to celebrate with pals Tyrese Gibson and F. Gary Gray, and Gibson filmed Dre shouting, The first billionaire in hip hop, right here, from the (expletive) West Coast!
beats headphones price Dre hits pay dirt with rumored Apple deal