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re: So Dr. Dre is the first hip hop billionaire

Posted on 5/9/14 at 6:15 pm to
Posted by Walking the Earth
Member since Feb 2013
17390 posts
Posted on 5/9/14 at 6:15 pm to
Forbes is saying he owns about a quarter. Don't know how they estimated that.
Posted by stout
Porte du Lafitte
Member since Sep 2006
179254 posts
Posted on 5/9/14 at 6:16 pm to
quote:


Doesn't matter.

Am billionaire.




Forbe's says he is only worth $800 Million

quote:

A sale for $3.2 billion would nearly double the value of Dre’s holdings, though capital gains taxes could take a bite out of his big payday, likely leaving him with a net worth in the neighborhood of $800 million. It’s not quite enough to land on the Forbes 400, but it would easily make him hip-hop’s richest man, topping current champion Diddy by $100 million.


LINK
Posted by Emiliooo
Member since Jun 2013
5148 posts
Posted on 5/9/14 at 6:16 pm to
Still waiting on Detox
Posted by stout
Porte du Lafitte
Member since Sep 2006
179254 posts
Posted on 5/9/14 at 6:17 pm to
quote:

Don't know how they estimated that.



Shares of stock
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 5/9/14 at 6:17 pm to
Damn that's more than I thought.
Posted by Walking the Earth
Member since Feb 2013
17390 posts
Posted on 5/9/14 at 6:17 pm to
I'd be slightly surprised if Dre is the first billionaire. Jay-Z and Beyonce make 100 million a year (combined) and God only knows what they're investing it in.

Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92902 posts
Posted on 5/9/14 at 6:18 pm to
quote:

Still waiting on Detox


Maybe he will FINALLY have the money to finish it!
Posted by N2cars
Close by
Member since Feb 2008
37889 posts
Posted on 5/9/14 at 6:50 pm to
quote:

Forbe's says he is only worth $800 Million


Damn piker!

$800M for putting his name on some overpriced headphones is still a pretty cool move.
Posted by jg8623
Baton Rouge
Member since Aug 2010
13533 posts
Posted on 5/9/14 at 7:31 pm to
quote:

Puff Diddy's not already a billionaire? Does Russell Simmons count?


Neither are to my knowledge
Posted by jg8623
Baton Rouge
Member since Aug 2010
13533 posts
Posted on 5/9/14 at 7:34 pm to
quote:

Jay-Z and Beyonce make 100 million a year (combined) and God only knows what they're investing it in.


Richest couples, yea. But jay by himself wouldn't be a billionaire. Beyonce made more than him the last couple years
Posted by notiger1997
Metairie
Member since May 2009
61270 posts
Posted on 5/9/14 at 7:37 pm to
Amazing considered how we are such a racist country and our people are living through a bad recession
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
19452 posts
Posted on 5/9/14 at 7:39 pm to
He is 25% owner of beats by Dre. So after taxes he only gets 800 million
Posted by ScrapPack
Member since Nov 2011
3707 posts
Posted on 5/9/14 at 8:10 pm to
But on his own album cover he was a she thing!
Posted by KBeezy
Baton Rouge
Member since Dec 2004
13638 posts
Posted on 5/9/14 at 8:21 pm to
Joke has already been told
Posted by High C
viewing the fall....
Member since Nov 2012
59360 posts
Posted on 5/9/14 at 9:06 pm to
quote:

$800M for putting his name on some overpriced headphones is still a pretty cool move.


you confirming what you downplayed earlier? nice
Posted by RoyalBaby
South Central
Member since Jul 2013
2293 posts
Posted on 5/9/14 at 9:06 pm to


I thought Wu Tang Financial cornered the market years ago?
Posted by Notro
Alison Brie's Boobs
Member since Sep 2011
7920 posts
Posted on 5/9/14 at 9:09 pm to
quote:

He is 25% owner of beats by Dre. So after taxes he only gets 800 million


Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92902 posts
Posted on 5/9/14 at 9:12 pm to
quote:

I thought Wu Tang Financial cornered the market years ago?



The headphone market?
Posted by RoyalBaby
South Central
Member since Jul 2013
2293 posts
Posted on 5/9/14 at 10:06 pm to
No, the hip hop billionaire market. In order to get there, I suggest you diversify your bonds.

So Dre makes 800 million on these headphones, right? What was his net worth before? Surely he's over a billion with this transaction
Posted by lsuwontonwrap
Member since Aug 2012
34147 posts
Posted on 5/9/14 at 10:36 pm to
$$$$
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