Dre, an iconic figure in the music industry, has also made savvy investments in real estate, particularly in the Los Angeles area, dating back to 1991. Notably, in 2011, Taiwanese smartphone manufacturer HTC Corp acquired a 50.1-percent stake in the company, but this was subsequently bought back by Beats Electronics.ĭr. Dre orchestrated a groundbreaking sale to Apple in 2014, a deal valued at $3 billion in cash and stocks, marking Apple’s largest acquisition to date. Dre and record industry veteran Jimmy Iovine, the company’s value soared to an impressive $1 billion by 2013. This eventually led to Dre’s decision to sell a stake in Aftermath to Interscope Records in 2001 for a remarkable $35 million.īeats Electronics, LLC, a global manufacturer and marketer of premium audio products, including over-ear headphones, speakers, and computer audio processors, has established its presence across the globe. Dre’s collaborations with artists such as Eminem, 50 Cent, G-Unit, and The Game catapulted the label to success. Dre in 1998, stands as a prominent American record label under the umbrella of Interscope Records. days to a more polished, powerful style set a new standard.Īftermath Entertainment, established by Dr. Dre’s shift from the raw intensity of his N.W.A. Dre’s debut album, was a defining moment, transforming the gritty, aggressive sound of gangster rap into a sleek and inviting musical experience. Dre and Marion “Suge” Knight, holds a pivotal place in the history of gangster rap, shaping mainstream music culture for over three decades. Here are assets where he holds direct or indirect ownership:ĭeath Row Records, co-founded by Dr. Dre the “richest man in hip hop.” However, his wealth has since been surpassed by Jay-Z.īillionaires.Africa has identified five assets linked to Dr. Notably, Apple acquired the Beats brand for a staggering $3.4 billion, briefly making Dr.
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