Dr. Dre Loses Beats, Gains Billions!!

Sanjay Jaluthriya
ରେ ପ୍ରକାଶ ହୋଇଥିଲା: May 10, 2014
246 ଦୃଶ୍ୟସଂଖ୍ୟା

Dr. Dre will be Hip Hop's first billionaire when he sells Beats by Dre to Apple for 3.2 billion dollars.


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  • ପରବର୍ତ୍ତୀ ସବୁ

    WIN A PAIR OF BEATS BY DR DRE SOLO 2 HEADPHONES #Underdog Contest

    Watch WIN A PAIR OF BEATS BY DR DRE SOLO 2 HEADPHONES #Underdog Contest With HD Quality

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  • Apple 'To Buy Dr Dre's Beats Firm For $3 2bn'

    Apple is set to buy headphone maker Beats Electronics for $3.2bn (£1.9bn), it has been reported.

    The Financial Times says the deal could be announced as early as next week, marking Apple's largest ever acquisition.

    Founded by rapper and music producer Dr Dre and fellow music producer Jimmy Iovine in 2008, the firm produces 'Beats by Dr Dre' headphones and also runs a music streaming service.

    Beats Electronics received a $500m (£295m) investment from Carlyle Group last September, valuing the company at more than $1bn.

    It has been reported that Apple is contemplating a Spotify-like on-demand music service.

    Spotify
    Apple is reportedly planning to take on music-streaming service Spotify

    Some technology analysts have speculated that the purchase plans are motivated by acquiring Beats' streaming arm rather than the headphones division.

    Apple is sitting on a $133bn (£78bn) cash pile, and chief executive Tim Cook has said the firm has "no problem" with spending large sums of money to acquire top companies.

    Apple and Beats have not commented on the reports.

    However, in a video posted by singer Tyrese Gibson, Dr Dre boasts that he is "the first billionaire in hip hop".

    He then laughs as Gibson says: "Billionaire boys club for real, homie. The Forbes list just changed."

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  • Dr Dre as a Kid

    Kid was awesome

    Watch Dr Dre as a Kid Video

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  • 50 Cent - New Day (Lyric Video) ft. Alicia Keys, Dr. Dre

    Music video by 50 Cent performing New Day (Lyric Video). © 2012 Interscope.

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  • Dr Dre - Hip Hop's first Billionaire ( Celebrates With Tyrese ).. .. .

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  • Dr. Dre Is The First Billionaire In Hip-Hop

    Dr. Dre sells his famed 'Beats by Dre' to Apple for 3.2 billion dollars making him the wealthiest man in hip-hop.

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  • Dr Dre 1st Billionaire in Hip-Hop! Thanks to 3.2 Bil by Apple

    If yall have forgetten about Dr. Dre... SHAME ON YOU! Especially since apple is about to make him the world's first Hip Hop billionaire! I didn't even realize we hadn't yet reached that pinnacle in the music world. According to a Forbe's article just last month - the richest man in hip hop is...?! Diddy. Who else. Puff daddy. Whatever his newest nickname is. With a cool 700 mil in his bank account. Dr Dre was in second place with 550 million to his name. But that's all about to change now that Apple is finalizing a deal to purchase Beats by Dr Dre for 3.2 Billion bucks, making this there largest acquisition ever- IF it goes through. Now neither Apple nor Dr Dre were the ones to reveal the news. They were trying to be all hush hush until the actual deal was finalized, so that no one looked like an idiot if it didn't go through. But Tyrese instagrammed a bunch of videos Thursdays night of Dr Dre celebrating. He later deleted them. But he DID Instagram a photo of a man lying down on multiple bundles of cash of cash, writing, "To all of the homies on South Central I was told our beds are gonna look like this soon!!!!

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  • ShowBiz Minute: Pitt, Angelou, Dr Dre

    Brad Pitt attacked at 'Maleficent' premiere; Tributes pour in for Maya Angelou; Dr Dre sells Beats Electronics to Apple for $3 billion. (May 29)

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  • DR. DRE Dropped How Much on a New Mega Mansion?

    What do you do when you become the first billionaire in hip hop and rap? You start spending that cash money! And it looks like all those zeroes are starting to burn a hole in Dr. Dre's pocket. Five bedrooms, nine bathrooms and over 18,000 square feet of pure awesomeness is all it took for the former rapper to drop 40 million on this insane mega mansion. The French chateau inspired home features waterfalls, stunning views and a moat. Because you know, every billionaire needs a moat!

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