Menu

Billionaire: Dr. Dre sold Beats by Dre for $3.2B to Apple

By May 9, 2014Fashion News

Looks like Dr. Dre is joining the billionaires club!

eminem-dr-dre-1_by-jeremy-deputat-1

url

Today via social media and through constant reports, announced the huge billionaire deal with Dr. Dre and Apple – making the mega music producer Dr. Dre the first billionaire in Hip Hop.

Apple are closing a deal with the headphone maker Beats by Dre for a $3.2bn (£1.9bn) takeover, which will make this California company’s largest ever acquisition.

“Since Dre and Interscope honcho Jimmy Iovine created the brand … it’s a safe bet they will walk away with a huge chunk of that cash,” TMZ reports. “Dre and Jimmy created the brand back in 2008 with headphones — but now they’re also making bank off speakers, car audio systems, and a streaming service.”

Beats by Dr Dre Mixr Headphone in Black OMG Headphone  (1) Beats-By-Dr-Dre-Pill-accu-speaker-rood-rechts

The deal is expected to be announced as early as next week and would include Beats’ streaming music service and its audio equipment business.

drdre_1

Watch the video below: “The Forbes list just changed.” – Tyrese Gibson

https://www.youtube.com/watch?v=EGRfuIPO7sc

Leave a Reply

ten + ten =

This site uses Akismet to reduce spam. Learn how your comment data is processed.