Dr. Dre to become rap's first billionaire with $3.2 billion Apple-Beats Electronics deal

Dr. Dre is on the verge of becoming the rap world's first billionaire.
The music mogul all but confirmed Friday that Apple was buying Beats Electronics, the company he co-owns that makes the good doctor's wildly popular Beats by Dr. Dre headphones, for $3.2 billion.
"First billionaire in hip-hop, right here on the motherf-----g West Coast," Dre is heard saying in a NSFW video that appeared on R&B singer Tyrese Gibson's Facebook page.
The deal with the iPhone-maker would make the 49-year-old co-founder of Death Row Records hip hop's wealthiest roller.

Forbes calculated that after capital gains taxes, the deal would actually leave Dre about $200 million shy of being a billionaire. And his new net worth of around $800 million would not be enough to land him a spot on the Forbes 400.
But it would catapult Dre's worth ahead of Puff Daddy, who currently tops the magazine's rap-to-riches list with a net worth of $700 Forbes calculated that after capital gains taxes, the deal would actually leave Dre about $200 million shy of being a billionaire. And his new net worth of around $800 million would not be enough to land him a spot on the Forbes 400.
But it would catapult Dre's worth ahead of Puff Daddy, who currently tops the magazine's rap-to-riches list with a net worth of $700 million. Dre, whose real name is Andre Romelle Young, is second at $550 million.
In the Facebook v

#hindivideo  #HindiEntertainmentVideo  #SanjayJaluthriya  

Entertainment