Dr. Dre Not Hip Hop's First Billionaire According to Forbes - R.City Unlimited

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Dr. Dre Not Hip Hop's First Billionaire According to Forbes

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According to Forbes, Dr Dre  just might not be able to call himself Hip Hop's First Billionaire just yet! Throughout the excitement of hearing about the $3.2 billion deal that Apple was going to make with Beats Electronics - we all forgot to consider some very important math.

Forbes Assistant Managing Editor for Wealth told TMZ ...  they've done the math, and after state and federal taxes ... Dre will be worth in the neighborhood of $800 million.

" It appears Dre only owns 25% of the company ... so the max he'd make off the sale is $800 MIL.   After state and federal taxes, he's left with $480 MIL, and when you add in Dre's other assets, that's how Forbes now comes up with $800 MIL."

Billionaire or not, Dr. Dre still has something to be proud of and bragging rights that's hard to top. It shouldn't take $1 billion for us to appreciate what Dr. Dre has done for himself and the hip hop community.



RELATED: Dr. Dre Partners with Apple to Become Hip Hop's First Billionaire


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