Dr Dre Net Worth 2022
Dr Dre is an American rapper, entertainer, business person and maker. As of this composition, Dr Dre has total assets of $500 million. Dr Dre is perhaps the best performer of the most recent multi-decade. He has acquired countless dollars from his music vocation and fundamentally more through different pioneering pursuits.
As an individual from N.W.A and later as an independent craftsman, Dre has sold countless collections and singles during his vocation. He then, at that point, sent off the vocations of both Eminem and 50 Cent through his creation organization/mark Aftermath Entertainment.
Outside of music Dr Dre and music maker Jimmy Iovine co-made the customer hardware organization Beats By Dre which was obtained by Apple in May 2014 for $3 billion. At the hour of the deal, Jimmy and Dre both claimed 25% off Beats by Dre and in this way they each acquired $750 million pre-charge from the arrangement. Following the deal, Dre was left with a post-charge fortune (in the wake of joining with his different resources) of $780 million.
In June of 2020, it was accounted for that Dre’s significant other of 24 years, Nicole Young, had sought a legal separation. The couple purportedly doesn’t have a prenup. In a court documenting made in December 2021, Dr Dre began his accounts. The recording showed that Dre controls resources worth $450 – $500 million and has a month to month pay that midpoints around $230,000. The recording showed that in 2021 Dr Dre sold $73 million worth of Apple offers and that he held $182,733,809 in his checking/investment accounts. He has one more $6 million in stocks and $270 million in a private property.
- Has sold hundreds of millions of albums as an artist and producer
- Launched the careers of Eminem and 50 Cent through Aftermath Entertainment
- Earned the bulk of his fortune thanks to headphone company Beats by Dre
- Sold Beats by Dre to Apple in 2014 for $3 billion
- At the time of the sale Dre and co-founder Jimmy Iovine owned 25% of Beats
- Dre and Jimmy earned $750 million pre-tax off the deal
- They each received approximately 1 million shares of Apple from the sale
- After Apple stock split 4-1 in 2020, it’s possible Dre owns 4 million shares today
- One month after selling Beats, Dre paid $50 million for Tom & Giselle’s LA mansion
- Owns approximately $80 million worth of real estate in total
- Dre’s wife of 24 years Nicole filed for divorce in June 2020
- The couple reportedly does not have a prenup
Also read, Snoop Dogg Net Worth
Early Life and Early Success
He was conceived by Andre Romelle Young on February 18, 1965. Dre was brought up in South Central Los Angeles during the maturing West coast hip-jump scene. As a youngster, Dre regularly visited dance clubs where he figured out how to DJ. In 1984 he turned into an individual from electro-jump bunch World Class Wreckin’ Cru.
Subsequent to meeting individual rapper Ice Cube, Dr Dre joined rap project N.W.A. run by rapper Eazy-E. Under Eazy-E and Jerry Heller’s Ruthless Records, the gathering delivered their presentation collection “Straight Outta Compton”, in 1988. Savage, profane and certainly momentous, Straight Outta Compton would ultimately be confirmed twofold platinum and would go down in music history as one of the most vital collections in the development of hip-jump.
Ice Cube left N.W.A. in 1989 over questions with Jerry Heller and Eazy-E connected with sovereignty instalments. Dr Dre, at last, had his own run-in with Eazy-E. He left the gathering in 1991 and soon helped to establish Death Row Records with Suge Knight. In 1992 Dr Dre delivered his first independent collection “The Chronic”. The collection ultimately sold 6 million collections worldwide and would be viewed as one of the most all-around delivered and famous hip-jump collections ever.
It crested at number three on the Billboard 200 and went multi-platinum under a year after the fact. The collection likewise procured Dr Dre a Grammy for Best Rap Performance for the single, “Let Me Ride”. While at Death Row Records, Dre was created for his kindred name mates Tupac, Snoop Dog and Warren G (who is additionally his progression sibling).
In 1996, Dre left Death Row subsequent to becoming tired of the lawful difficulties and debates that were continually happening at the questionable organization. He left his backlist privileges and friends possession stake. Dre would later guarantee that he left $50 million when he left Death Row. He immediately settled Aftermath Entertainment which would ultimately be home to various abilities including Eminem, Mary J. Blige, and 50 Cent.
In 2001, Dre offered his portion in Aftermath Entertainment to Interscope Records for $52 million.
Beats By Dre and Sale to Apple
In a 2006 gathering with Interscope Chairman Jimmy Iovine, Dr Dre griped that he was furious about the nature of his music when played through Apple’s plastic Airbuds earphones. He commented in the gathering: “Man, it’s one thing that individuals take my music. It’s something else to annihilate the sensation of what I’ve dealt with.” By the finish of the gathering, Jimmy and Dre chose to send off their own earphone organization.
They at first collaborated with Monster Cable to produce the primary Beats by Dr Dre Studio earphones, which were sent off in July 2008. In August 2010, cell phone maker HTC bought 50.1% of Beats for $309 million, esteeming the organization at generally $618 million. In July 2012, HTC sold a large portion of its stake back to Jimmy and Dre for $150 million, holding a 25% stake. In September 2013, HTC sold the excess 25% stake back to Jimmy and Dre for $265 million.
Simultaneously, Beats declared that it had gotten a $500 million speculation from private value firm Carlyle Group. The speculation esteemed Beats at $1 billion interestingly. In January 2014, the organization sent off a membership music administration called Beats Music.
On May 28, 2014, following quite a while of reports, Apple formally affirmed that it was getting Beats by Dre for $3 billion. Apple would pay $2.6 billion in real money and $400 million in stock for the organization. At the hour of the deal, Dre and Jimmy both claimed 25% of Beats. Their separate stakes were valued at $750 million preceding charges, generally $500 million after charges. The Carlyle Group procured $1 billion.
Apple Stock Ownership
As we referenced a second prior, when Beats offered to Apple, $400 million of the $3 billion price tag was paid in Apple stock. As the 25% proprietor, Dre got $100 million worth of Apple shares. At the time the arrangement shut, Apple exchanged at around $95 per share which implies he got approximately 1 million offers. As of this composition, Apple exchanges at a piece more than $200 per share. Expecting Dre has hung on every one of the 1 million offers, today his Apple stock alone is valued at $200 million (preceding expenses).
Dr Dre Career Earnings By Year
2007 – $20 million
2008 – $15 million
2009 – $13 million
2010 – $17 million
2011 – $14 million
2012 – $110 million
2013 – $40 million
2014 – $620 million
2015 – $33 million
2016 – $41 million
2017 – $34.5 million
2018 – $35 million
Absolute: $992.5 million
In May 2013, Dr Dre and Jimmy Iovine gave a consolidated $70 million to the University of Southern California to layout the USC Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation.
In June 2017 he gave $10 million to build a performing expressions focus at Compton High School.
Dr Dre Real Estate
In the last part of the 1990s, Dr Dre burned through $2.4 million to secure a house in Woodland Hills, California. Subsequent to posting the house available to be purchased in July 2019 for $5.25 million, he found a purchaser a month after the fact for $4.5 million. The house was situated inside a gated local area and sat on a 16,000+ section of land parcel. In 2014, new to the offer of Beats, Dr Dre burned through $50 million to procure Tom Brady and Giselle Bundchen’s staggering spic and span beast chateau in Brentwood.
In January 2013, Dre sold his Hollywood Hills chateau for $32.5 million. He purchased this house in 2001 for $15.4 million.
For over 20 years he has possessed a beachfront home in Malibu, California that he purchased for $5 million.
In 2018 he purchased a house in Calabasas, California for $4.9 million. In 2019 he burned through $2.25 million on a generally unassuming home in the Pacific Palisades that has sea sees and is situated in a gated local area.
The complete worth of Dr Dre’s known land portfolio is no less than $80 million.
Whenever Dre was 16 out of 1981 he had a child with his sweetheart at that point, a 15-year-elderly person named Cassandra Joy Greene. Their child Curtis is a rapper who performs under the name Hood Surgeon. He apparently didn’t meet his dad until he was in his 20s.
In 1983 Dre had another kid, a girl named La Tanya Danielle Young.
In 1988 Dre and sweetheart Jenita Porter had a child who was given his dad’s name, Andre Young Jr. Appallingly, Andre kicked the bucket in August 2008 of a medication glut.
In 1990 Dre had a child named Marcel with artist Michelle.
Dre and Nicole Young were hitched from 1996 until she petitioned for legal separation in 2020. They have two kids together; a child named Truice and a girl named Truly. At the hour of her June 2020 separation documenting, it was accounted for that the two didn’t have a prenuptial arrangement and she in this manner could be qualified for a huge part of his fortune.
Separate from Settlement
Eventually, Dr Dre consented to pay Nicole $100 million out of two instalments. He paid her $50 million forthright and will pay another $50 million per year after the fact.
Super Bowl Halftime Show
On February 13, 2022, Dre featured the Super Bowl halftime show at the SoFi arena in Inglewood, California.