Dr. Dre & Jimmy Iovine Very Close to Selling Beats to Apple for Billions
May 8, 2014
According to TMZ, Dr. Dre could be days away from being the first rapper turned BILLIONAIRE … thanks to a mega-deal for Apple to snatch up his Beats Electronics brand.
Apple will reportedly buy Beats for a whopping $3.2 BILLION — and since Dre and Interscope honcho Jimmy Iovine created the brand … it’s a safe bet they will walk away with a huge chunk of that cash.
Dre and Jimmy created the brand back in 2008 with headphones — but now they’re also making bank off speakers, car audio systems, and a streaming service.
The deal could close next week … and would be Apple’s biggest acquisition ever.
Dre came in #2 on Forbes’ most recent list of hip hop’s wealthiest artists — with a net worth of $550 million … while Diddy was #1 at $700 million.
The Apple deal — first reported by Variety — could easily push the Doc to the top of that list. This would also explain his purchase of Tom Brady’s mansion.
Read more: http://www.tmz.com/2014/05/08/dr-dre-beats-audio-selling-to-apple/#ixzz31BhO1pkp
I didn’t have any expectations concerning that title, but then the more I was
amazed. The author did a great job, he reminded me about the writer that wrote this https://cdfai.org/14-inevitable-stages-of-the-student-loan-cycle-you-know-all-too-well/. I spent
a few minutes reading and checking the facts.
Everything is very clear and understandable. I enjoy posts that fill in your knowledge gaps.
This one is of the kind. Moreover, I like the way
the author organized his thoughts as well as the visual part.