Posts Tagged ‘Beats By Dre’

Billionaire Beats

Friday, May 9th, 2014

by Writing Battle Rap History

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Dr. Dre & Jimmy Iovine

Dr. Dre & Jimmy Iovine

Dr. Dre may become Hip Hop’s first billionaire.  According to Gizmodo, as soon as next week Apple, Inc. may announce to the public it’s largest acquisition in the company’s history, a $3.2 billion dollar purchase of Dr. Dre and Jimmy Iovine’s, Beats Electronics headphones.  Forbes Magazine recently listed the top five Hip Hop moguls who had the highest net worths, and Dr. Dre came in at number two just under Sean Combs, at an estimated $550 million dollar net worth.  This deal would only add to his fortune as he is slated to make 1 billion dollars out of the deal.  Click here to read the rest of this article.