Despite what reports and people are saying, Dr.
Dre will not be a millionaire after Apple
acquires Beats.
Word hit yesterday that Apple
wanted to buy the headphones company for
$3.2 billion , so naturally it was assumed that
Dre would easily become a billionaire, bit that's
not the case.
Dre owns 20-25% stake in Beats, according to
Forbes .
With the sale and after taxes, that
would leave him with a net worth of $800
million.
The sale would make him the richest rapper,
leaving him with $100 million over Diddy, who
was just named the worlds richest rapper
recently.
But it would not leave him with
enough to crack Forbes top 400.
Billionaire or not, the deal is no small feat. I'd
make it rain (in my bank account) with $800
million any day.
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