Dr Dre Closing in On Being A Billionaire

[wikkidinsane]

TMZ 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.”

dr dre already is worth overt 350 mil. so 800 mil would take him over the top

[opie1988]

dr dre already is worth overt 350 mil. so 800 mil would take him over the top

You need the whole post, pal.

Max he gets after taxes is $480 mill. Not gonna quite get there.

I would still be very happy with $800 million, though.

[Gusto0810]

Apple get the headphones but I believe they are also after/don't want to compete with Beats Music. When you have Apple money it's easier to buy the competition I guess. Dre and Jimmy are high-fiving all the way to the bank, that's for sure. They formed Beats Electronics in 2008 and 6 years later sold it for 3.2 Billion. Whoa.

[jjgold]

IPhones are overpriced junk but people buy them in record numbers.

glitch free like all apple products

Thats why people buy them

[pavyracer]

glitch free like all apple products

Thats why people buy them

iPhones are not glitch free..the cameras suck..that's why the hired the guy who designed Nokia phone cameras to fix the iPhones.

[ByeShea]

They are a hell of a lot richer than i have ever been

So is jj. Ever see his Superbowl spread?

[wikkidinsane]

So is jj. Ever see his Superbowl spread?

really?

[NrmlCurvSurfr]

iPhones are not glitch free..the cameras suck..that's why the hired the guy who designed Nokia phone cameras to fix the iPhones.

Still rocking a 3GS, almost 5 years old, keeps a full charge and lasts all day. The camera is not great but let's be honest, anyone interested in taking good pictures is not using a phone.

[Sledge187]

Dre made Eminem.

[Eddy Munny]

Dre made Eminem.

Dre gave him his first break, but by no means "made" him.

[ChalkyDog]

glitch free like all apple products

Thats why people buy them

Clearly not an apple owner. And the new studios/executives are the only ones worth buying