First Billionaire of Hiphop is Dr Dre
So it has been confirmed that Andre Romelle Young, known by his stage name Dr. Dre, the multi platinum hiphop sensation is officially a billionaire. Dr Dre is currently listed as the second most wealthy rapper on Forbes’ rankings of hip-hop’s richest artists with a net worth of $550 million, second to the recently renamed Puff Daddy. Should the deal go through, Dre would become the world’s first billionaire rapper.
Apple is in talks with headphone maker Beats Electronics over a $3.2bn (£1.9bn) takeover that would rank as the iPhone giant’s largest ever, according to reports.
Acquiring Beats’ music streaming service would give Apple, which runs the iTunes Radio service, extra firepower in its fight with rivals Spotify and Pandora. This is a revolutionary moment in the hiphop genre.
Tyrese Gibson confirmed that the rapper had officially signed the deal. Well sorry Diddy and Jigga, the billionaire title is Dr Dre’s!!!