Dr.Dre officially becomes the FIRST billionaire in hip hop (only 10 black billionaires in the world)

[Kings County]

Ruh Roh

Looks like I could have mis-calculated on that $645mil figure ....




"The IRS divides capital gains into short-term and long-term investments, according to Bankrate. If you sell real estate you've owned for less than a year, your capital gains rate is taxed at the same rate as your regular income (40% for dre). If you've owned it for a year and a day or more, the maximum tax rate is 23.8 percent."

"On September 27, 2013, HTC confirmed its plan to sell its remaining 24.84% stake in Beats back to the company for $265 million, with the deal expected to close by the end of the year"





*Checks Calender*






*Gulp* ... It's only May!

$645Mil $619 Mil

Spoiler

​

​

@L&HH ... Thanks for the business lesson twerp

#FactsOnly

still more money than you'll ever see in your sas insignificant life

 

[ExodusNirvana]

Keep their heads ringin

 

[mtu wa chuma]

why is tyrese and his annoying ass all over this shyt like he's about to get get paid as well?

 

[Commander in Chiefin]

LOL @ these phantom internet accountants

These clowns got must of studied at Foxy Brown's "Affirmative Action School of Mathematics"

 

[SCORCH]

"fukk you mean they bout to start giving away SMS in Happy Meals"

 

[really]

Wall Street Journal is making the same mistake folks in this thread are making and the same mistake Forbes makes...and its crazy cuz they should all know better: If the majority of Dre's net worth is invested in Beats, then you don't get to add that amount on after he sells Beats, you only get to add the difference between what it was worth before the sale, and what you pocketed after the sale.

Like Forbes will regularly do shyt like this:

2008: Jay Z is worth 300 million from his stake in Rocawear (I'm ignoring all his other businesses for this example)

2009: Jay Z sold his stake in Rocawear for 350 million, now he is worth 650 million.

NOPE. Thats not how it works, Jay would still only be worth 350 million becuz once you sell the asset you no longer own it (should be obvious) his original 2008 net worth was estimated based already on what the value of Rocawear would be if he sold it. You can't count your money twice...

Thats that funny math they do. Congrats to Dre tho...

Welcome to the brotherhood brethren...

You have been anointed......

#factsOnly

 

[Beerus]

These clowns got must of studied at Foxy Brown's "Affirmative Action School of Mathematics"

Word these nikkas are the ultimate buzz killers like if he was to be yo wing man hed prob fukk it up for ya by tryin sound smart when its not that serious
Srs they acting like fukking lames its not even funny
If this was in real life id walk away from these gump ass nikkas n act as if I dont kno em if they came to talk to me

 

[Beerus]

But the west just crushed NY again
Both diddy n Jay lost
The west had their feet on those east coast mothafukkas necks!

 

[DaHNIC82]

Unless Dre is gonna take that billi and do good for the game of hip hop or black folks for this matter, How is this a W for hip hop? I'm not with cheerleading nikkas because they have bread.


If that nikka releases Detox, Takes Aftermath on another platform for the new decade with new talents out of Compton, Releases alot of shyt he had from the vault Remastered for us fans Or even create a outlet like Eminem did for up and coming battle rappers then this isn't no W for any of us or hip hop. Its strictly a W for Dre and that CAC Jimmy Iovine.

However with that being said, I give him props for flipping a new hustle and making himself wealthy. And that dude thereally is probably the worst poster I seen.

 

[Bickin Back Being Bool]

But the west just crushed NY again
Both diddy n Jay lost
The west had their feet on those east coast mothafukkas necks!

where did dre run to after he got kicked outta the west?

lets just salute Dre, stop makin yallself look like idiots

 

[really]

How you gonna have a thread say "officially" when there's no actual deal signed yet. That's like the opposite of official.

They geeked up for no reason.. .... Indenial like a mothafukka...


CONGRATS TO DR. DRE!.... THE $619 MILLION DOLLAR MAN!...

 

[Malik]

"Love to see Young Blacks Get Money" (3:12)



Dre told yall years ago ​

 

[Bickin Back Being Bool]

the funny part is that song is written by jay z, but i aint here for that

salute to dre, this is motivation for me.

 

[really]

nikkas really in here doing algorithms and hardcore number crunching equations to figure another mans money

Hardcore Algorithms to you.... 1 + 1 for me.... God didn't make us all the same breh....

Spoiler

In the famous words of Silk The Shocker: "It aint my Fault"


You want some peanut butter wit that Jelly?



#GPOY2014 ... #IcanTasteTheEnvy .. ..



#FactsOnly

 

[Big Boss]

dre and george foreman made the smartest business decisions