Dr Dre Set To Become HipHop’s First Billionaire As Apple Acquires Beats by Dre for $3.2Billion

Dr Dre is about to make history in the hip-hop world, as Apple is set to seal a $3.2 billion deal for buying Beats Electronics, which is famous for the Beats by Dre headphones. The company was founded by Dre and record producer, Jimmy Iovine. By this million dollar acquisition, Dr Dre is set to become hip-hop’s first billionaire and this is Apple’s biggest acquisition yet.  Check out the list for 2014 hiphop’s richest:

dr dre

Diddy-$700 million
Dr Dre-$550
Jayz-$520 million
Birdman-$300
50cent- $100 million

Dr Dre will definitely move from 2nd position to 1st, and it will certainly take a long while for the others to catch up. Forbes had predicted that Diddy would be the first billionaire in HipHop, but that is not to be.

In this video where he celebrates with Tyrese, Dr Dre says:

“You staring right here at hiphop’s first billionaire from the mudafuck** west coast “

 

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