Dr. Dre’s presence in the media as of late has been heavily due to the turbulent divorce proceedings with his now ex-wife, Nicole Young. However, the messy battle that spanned 18 months is now over as multiple reports reveal that Young will walk away with a whopping $100 million settlement. Long believed to be Hip-Hop’s first billionaire (before it was told that Jay-Z holds the actual title), Dr. Dre’s riches can seemingly cover the divorce costs. However, with recent discrepancies in his finances being reported, how much is Dr. Dre really worth? According to Rolling Stone, with the 24-year marriage officially over, Dr. Dre now has to hand a fifth of his wealth to his ex-wife.
Their divorce has been dubbed one of the entertainment industry’s “messiest” and most expensive battles yet. However, it comes nowhere close to the matchless amount that the former wife to Jeff Bezos, Mackenzie Scott, received from their divorce settlement. Known to be the costliest celebrity divorce in history, Scott now has an approximate 4% stake in their company, Amazon, after being awarded 25% of its stock, as reported by CNN. By calculations, the divorce settlement landed Mackenzie Scott in the $38 billion arenas. Major, but a soft dent to Jeff Bezos’s hundred-billion-dollar empire.
As it pertains to Dr. Dre, born Andre Young, the mogul’s bank is no joking matter. While he may not be a billionaire as many initially believed, Dr. Dre’s wealth is well within the hundred-million range and approaches the next tier. However, the discrepancy has arisen with conflicting reports of his actual net worth.
In 2014 when Dr. Dre’s company, Beats Electronics, was acquired by Apple, he reportedly walked away with roughly $500 million. According to a report from Forbes, this was due to him owning around 25% of the company at the time. Before that, the rapper made another huge sale when in 2001, he reportedly sold 30 percent of his stake in Aftermath to Interscope Records for about $35 million. Another report from Celebrity Net Worth listed the Chronic rapper’s net worth at $780 million.
But legal documents filed from the divorce obtained by Rolling Stone state that Dr. Dre’s net worth is currently around $458 million. Out of that sum, almost $183 million is reportedly in cash. This does not mirror the 2019 Forbes report that the rapper had riches in the range of $800 million.
With his net worth reportedly landing under $500 million, the agreed-upon $100 million divorce settlement he must pay to his wife seemingly appears undoubtedly excruciating. However, it seems that Dr. Dre is more than alright, just as long as he is divorced. Such was pretty apparent when a “celebratory” photo surfaced on social media with the mogul sitting in front of a massive flurry of gold balloons that spelled out “DIVORCED AF.”
As for his wealth, Dr. Dre has his hands in many things that prove he is “Still Dre.” The rapper’s catalog still brings in an impressive income from licensing and royalties. In addition, he is responsible for some of music’s biggest hits, from his own music as an artist to songs by 2Pac, Eminem, Snoop Dogg, and more. Dr. Dre has also remained active in the production realm with work on the bulk of Anderson .Paak’s 2018 release Oxnard, Eminem’s 2020 album Music To Be Murdered By, and its deluxe album.
A December 12th post on Instagram also proved that the producer is far from done with his musical journey. The picture showed Dr. Dre in the studio with an orchestral backing as he shared a joyous announcement. “I just finished recording an album with Marsha Ambrosius,” shared Dr. Dre, revealing that the title is “Casablanco.” Fans of the rapper would be excited to know that he feels it is “some of his best work.”
The latest installment of the Grand Theft Auto video game franchise also features music produced by Dr. Dre. More exciting news shows that the rapper will headline the 2022 Super Bowl Halftime Show alongside some of Hip-Hop’s heavy hitters. Outside of music, it was announced over the summer that along with Jimmy Iovine, Dr. Dre would be opening a school in Los Angeles. The academy will be a public school that will focus on entrepreneurship and is slated to open in the Fall of 2022.
