Dr.Dre officially becomes the FIRST billionaire in hip hop (only 10 black billionaires in the world)
- Thread starter MaNu Minu
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- apple beats by dre dr. dre
Congrats to Dre, and to think he's from Compton, he not even supposed to be here 
Black excellence
pimpineasy
Superstar
A SMALL THING BUT YOU know what i hate..........he is celebrating BEFORE the deal is done........... he needs to maintain his poker face on some I love this company and the rumours of me selling it are overblown...................that said 
Nintendough
#Kliq
Hard work pays offJone2three45
Supporter
I'm just happy Jay-Z is not the first rap billionaire. Could you imagine a whole album of him dedicated to boasting himself as the first billionaire? I don't wanna either.
Truest words spoken so farI don't know why rappers try to do that clothing shyt.When I come up on that industry money, I'm going into the defense industry and invest on the next great weapon to get those GOV contracts. nikkas rap about guns, why not have a stake in making them?
*L*E*G*A*C*Y*
Done.
Shouts to D-R-E!
Dre should have at least 50%. Nobody buying Jimmy Iovine headphones...
Mike Otherz
All Star
NWA-the beatles of gangsta rap. created a whole new lane for poor nikkaz to capitalise on.
Ruthless-home of nwa, doc, eazy, bone thugs
Gangsta Rap-all ya favorites from nas to big to snoop to jay all doing a version of gangsta rap brehs
DeathRow-GOAT rap label ever. reinvigorated 2 pac, the arguable GOAT rapper. put out 5 classics.
Chronic-arguable GOAT west coast album
Snoop-hall of fame MC
Doggystyle-arguable GOAT west coast album
Aftermath-3rd legendary label he either created of helped build
Eminem-biggest rapper ever, impact on cac culture insurmountable
50-King Of NY for 4 years
Kendrick-best mc of his generation, most acclaimed debut album since illmatic
Beats By Dre-technology phenom, sold for 3.2 billi, raps first billionaire
honorable mention, hologram 2 pac.
who can compete? russell? rick rubin? puff? who. we never seen a visionary like this ever in hip hop.
Ruthless-home of nwa, doc, eazy, bone thugs
Gangsta Rap-all ya favorites from nas to big to snoop to jay all doing a version of gangsta rap brehs
DeathRow-GOAT rap label ever. reinvigorated 2 pac, the arguable GOAT rapper. put out 5 classics.
Chronic-arguable GOAT west coast album
Snoop-hall of fame MC
Doggystyle-arguable GOAT west coast album
Aftermath-3rd legendary label he either created of helped build
Eminem-biggest rapper ever, impact on cac culture insurmountable
50-King Of NY for 4 years
Kendrick-best mc of his generation, most acclaimed debut album since illmatic
Beats By Dre-technology phenom, sold for 3.2 billi, raps first billionaire
honorable mention, hologram 2 pac.
who can compete? russell? rick rubin? puff? who. we never seen a visionary like this ever in hip hop.
Forbes.com: (just check the red)
"Late Thursday night, the Financial Times reportedthat Apple AAPL -0.73% was in talks to buy Beats for $3.2 billion; the deal would be the computer giant’s largest acquisition ever. Dre’s stake in Beats currently stands at somewhere around 20-25%; we valued the company at $2 billion in our latest round of estimates.
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."
I'm just gone go based off what this genius said in the red...
We all know Dre's Net Worth if Beats didn't exist would be $150 million right now (he had $125mil in 2011 before beats popped off... And would've been making money off Em / Kendrick)
His CURRENT Net worth (according to Forbes) is $550million.
So that means he has $400million in beats stock (as far as how they are calculating.)
If they valued the company at $2billion when they said dre has $400mil stock, that means if it sells for $3.2 billion, to come up with how much Dre will make is Simple:
You multiply $400million by 1.625 (2.0 would be DOUBLE)
$400mil x 1.625 = $650 million (if apple was buying for $4 Billion, it'd be $800 milion, for you slow ones)
$650 million after 23.8% capital gains / medicare tax = $495 million
$495million + the $150mil he had BEFORE beats by dre = $645 mil
Hold up a sec.... Be right back...
As you can see.... Even GOING BY THE WORDS OF FORBES, Sean Combs is still the man, and Dre will go back to his struggle pawg and still working on Detox while Willow Smith becomes a Grandmother..
Really: Bringing Clarity to the Coli since 2013
@L&HH
.... U *Furious* (your lil knowledge bout the capital gains tax was just that: "Knowledge"... I can get that knowledge in 2 seconds... You'll never be able to go to Google and get this *intelligence* tho
.... And it aint for sell
)
#FactsOnly
#GPOY2014
"Late Thursday night, the Financial Times reportedthat Apple AAPL -0.73% was in talks to buy Beats for $3.2 billion; the deal would be the computer giant’s largest acquisition ever. Dre’s stake in Beats currently stands at somewhere around 20-25%; we valued the company at $2 billion in our latest round of estimates.
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."
I'm just gone go based off what this genius said in the red...
We all know Dre's Net Worth if Beats didn't exist would be $150 million right now (he had $125mil in 2011 before beats popped off... And would've been making money off Em / Kendrick)
His CURRENT Net worth (according to Forbes) is $550million.
So that means he has $400million in beats stock (as far as how they are calculating.)
If they valued the company at $2billion when they said dre has $400mil stock, that means if it sells for $3.2 billion, to come up with how much Dre will make is Simple:
You multiply $400million by 1.625 (2.0 would be DOUBLE)
$400mil x 1.625 = $650 million (if apple was buying for $4 Billion, it'd be $800 milion, for you slow ones)
$650 million after 23.8% capital gains / medicare tax = $495 million
$495million + the $150mil he had BEFORE beats by dre = $645 mil
Hold up a sec.... Be right back...
As you can see.... Even GOING BY THE WORDS OF FORBES, Sean Combs is still the man, and Dre will go back to his struggle pawg and still working on Detox while Willow Smith becomes a Grandmother..
Really: Bringing Clarity to the Coli since 2013
@L&HH
.... U *Furious* (your lil knowledge bout the capital gains tax was just that: "Knowledge"... I can get that knowledge in 2 seconds... You'll never be able to go to Google and get this *intelligence* tho.... And it aint for sell )#FactsOnly
#GPOY2014
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Dre and Jimmy probably have 50% together buy the other partners/investors put up some bread also so that's where the rest is going. In the beginning there was no way Dre was putting up a ton of $ to get it started. His role is like MJs role at Nike except that there's less mouths eating off this deal, Dre probably input in how the headphones sound and (most importantly) he's putting his name on the line by having it on everything. For a company that's not even 10 years old, this is a fukking come up. They were smart to get away from Monster and to get there HTC stake back and then started the streaming business which was what drove the price up.
The_King_of_Everything
Yeah.
Congrats to Dre
But at nikkas thinking net worth equals liquid assets
Also at the math in this thread I told the mods before we need a business sub forum 
nikkas really in here doing algorithms and hardcore number crunching equations to figure another mans money
But
at nikkas thinking net worth equals liquid assets Also
at the math in this thread I told the mods before we need a business sub forum nikkas really in here doing algorithms and hardcore number crunching equations to figure another mans money
VladTheImpaler
The Sensational Prince
"That’s music to the ears of Dr. Dre, who collected $100 million pretax when handset maker HTC paid $300 million for a 51% stake in the company last year."
Cash Kings 2012: Hip-Hop's Top Earners - Forbes
Company was originally worth $600 million (they sold half for $300 mil, so that means the TOTAL was worth $600mil)
If Dre got $100 million Pretax for selling 50%, that means he owned 33% of the company from the JUMP (not half).
So now that they SOLD HALF THE COMPANY already, Dre's 33% dropped to 16.665% (but he was $100million richer, 50 mil after taxes)
So now, if they sell 100% of the company for 3.2 billion, Dre gets 16.665% of that.... Which is $533 Million
$533 million after taxes (half) = $266.5 Million
And thats not factoring in the lil change he have to pay Lawyers....
In the end, Dre's NET WORTH might Rise $50 to 100 million at best to $600million... because you have to remember his current NET WORTH has the value of beats factored in....
When its all said and done, Diddy still like...
