itsyoung!!
Veteran
this supposed to be funny bruh ?? Just delete your coli account
nyggas think they experts and have the numbers on all aspects...
yall negros need to stfu, yall dont know what he owns, what his stake is, etc
How do you know iovine invested 400 million of his own money.Yea I know breh... That's a hell of a lot away from a billion though.
Honestly, Dre is getting JERKED...
No way Diddy would have a brand with HIS NAME ON IT, and He not even eating right... (Diddy came IN to endorse Ciroc, and know he getting paid like a majority owner)
Carlyne = $500mil investment when the company was worth $1billion (they own 50%)
UMG (which Jimmy Iovine is a big dog at) = Invested $400mil (at what percentage, I don't know... But if it's 40%... dre pretty much owns shyt).
"Len Blavatnik’s Tuesday announcement of his $60 million investment in Beats Electronics’ forthcoming music service" - This guy got $60mil invested in the music service
You know Jimmy Iovine a lot more business Savvy and he gon get a crazy cut... And then the 3rd partner they came in the game with.
All said and done, Dre is probably looking at 2 to 3% ....
@L&HH ... Put the birthday hats and balloons away... Not so fast
All the other Investors:
Andre Young:
#FactsOnly
my question is what is his next venture. He cant just chill after the monster success of beats (no pun)
lol @ nikkas talking out of ass...
"In August 2011, mobile phone manufacturer HTC acquired a 50.1% majority share in Beats for $309 million"
Beats Electronics - Wikipedia, the free encyclopedia
HTC owns 50% ....
And HTC only sold back half their stock, not 100% ... if you gonna fact check a nikka, get your shyt right first... *dead*
@L&HH ... Put the birthday hats and balloons away... Not so fast