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Friday, 9 May 2014

NEWS: Dr Dre To Sell Beats By Dre For $3.2 Billion


Just recently, Forbes listed out the top richest rappers in America, and Diddy came first with $700 Million while Dr. Dre came second with $550 Million.

TMZ now reports that Apple is about to enter into a major deal with the US rapper by acquiring beats by dre, and if it goes through then, the Doc will sit at the top of the list of the richest American rapper.

See TMZ reports below:

Dr. Dre could be days away from being the first rapper turned BILLIONAIRE ... thanks to a mega-deal for Apple to snatch up his Beats Electronics brand.

Apple will reportedly buy Beats for a whopping $3.2 BILLION -- and since Dre and Interscope honcho Jimmy lovine created the brand ... it's a safe bet they will walk away with a huge chunk of that cash.

Dre and Jimmy started the brand back in 2008 with headphones -- but now they're also making bank off speakers, car audio systems, and a streaming service.

The deal could close next week ... and would be Apple's biggest acquisition ever.

Dre came in #2 on Forbes' most recent list of hip hop's wealthiest artists -- with a net worth of $550 million ... while Diddy was #1 at $700 million.

The Apple deal -- first reported by Variety -- could easily push the Doc to the top of that list.

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