There’s been a lot of gossip about Apple Inc. new addition. Just to clarify, the deal hasn’t been sealed as of yet. As a 25 percent owner of Beats Electronics, Dre will make $480 million off the sale after taxes. However, according to Forbes’ speculation of the payout structure and calculation of applicable taxes Dre will cash out with about $150-$250 million. Reports indicate that Dre will still have a role in Beats under Apple, as well the primary owner of the company, Interscope co-founder Jimmy Lovine. Both Dr. Dre and Jimmy will report to Eddy Cue, Apple’s senior vice president of Internet services. With Beats Music now entering the fray versus Spotify, Rdio, and Pandora, Dr. Dre will have a hand in the evolution of the music streaming economy according to Complex Music . While Apple’s acquisition of Beats Electronics is still being worked out, speculation has turned towards Dr. Dre’s net worth after the deal. In the announcement video with Tyrese, Dre suggested that the deal would make him rap’s first billionaire. Now according to Forbes, this would not be the case. Forbes has calculated Dre’s net worth after taxes, should the deal be finalized, and have come up with a total of $800 million. All these numbers here have me in a daze. Forbes can’t seem to make up their mind in what position, or what will this make of Dr. Dre as a Hip-Hop entrepreneur. Almost seems as if they’re scared that Dre might become Rap’s first Billionaire (although many Rappers already claim they are). I say, why not?! Let Dre be up there with Diddy, Jay, & 50. This week it was reported Sean “Diddy” Combs, with an estimated $700 million fortune, was the wealthiest rapper, followed by Dr. Dre, with an estimated $550 million, and Jay Z, with approximately $520 million, according to forbes.com. Whether you become a billionaire or not, consider yourself blessed to become at at least a Half-a-Billionaire Dre!
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