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

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Rapmastermind

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Actually Puffy was smart to go the TV route, the Liquor can only get you so far. Jay trying to move dusse but he's kinda late. NaS moving Henny. But Revolt if it can sustain can generate Puff serious money. Dre was smart cause he made the headphones valueable because people respect him as producer so it's like, "Yeah I'll buy Beats by Dre, Of course Dr. Dre knows what sounds good in headphones". Beats is basically the Bose 200 headphones of the past. But I commend Dre but I think they might of sold too quickly, they should of let it cook a little longer.


New Forbes:

#1. Dr Dre 800-1 Billion (Top 5 for 8 Straight Years)
#2. Puffy 720-750 Million (#1 for 10 Straight Years)
#3. Jay Z -500-530 Million (# 2 for 8 Straight Years)
#4. 50 Cent - 200-240 Million
#5. Baby - 130-150 Million

*Master P - 300-350 Million (But his records haven't been reported on in years)

107896-dre_diddy_POTW_528_617_409.jpg



"Don't worry if we write Rhymes, WE WRITE CHECKS"
 
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really

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New Forbes:

#1. Puffy 700++ Million
#2. Dre 583 to 619 Million
#3. Jay Z - 500
#4. Birdman - 160
#5. 50 Cent 140 Million


*fixed*


#FactsOnly



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...:win:



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
 

Robbie3000

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^

They probably could have held out for more, but they're smart to sell now before another better positioned company produces a quality knockoff to cut into their market share. Or before the public moves onto the next fad.

Have we gotten a response from 50? To me that's the most interesting part of the whole BEATS story. Dre and Jimmy were straight up ruthless the way they quietly slaughtered their cash cow and flipped all that money they made off him into an empire.

They say Woodface walked his SMS situation to Samsung and that nikka Kwon Oh Hyun was like :whoa:

Stop Curtis!! Stop!! Take that shyt down to Amaglyn
 

Malik

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Exactly that is the book and 10000% truth. It has helped me out so much and why I differ with what people say about getting money on here most of the time. The author is a cool dude that I've had a few convos with. Honestly surprised somebody else has read that on here.

You've spoken with MJ Demarco?
 

Czerka

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ive never seen a single person wear SMS audio headphones. i wouldnt even know it existed if i didnt post here
 
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