Late Thursday night it was announced that Hip-Hop pioneer Dr. Dre and Apple are on the verge of a deal for “Beats By Dre” for $3.2 billion.
Beats has become a staple in the sports world, with successful and timely commercials for Nets Kevin Garnett and Seattle Seahawks cornerback, Richard Sherman.
The idea to give them to the team as a gift was brought together by LMR CEO Maverick Carter- Lebron James’ best friend, and Intercope Chairman Jimmy Iovine.
After capital gains taxes, Dre’s estimated worth would fall somewhere in the $800 million mark. But that still comfortably pushing him to the number one spot on Forbes Wealthiest in Hip-Hop whenever the deal goes through.
This video was posted to Facebook and later deleted. Dr Dre and Tyrese are celebrating Dre as the first hip-hop billionaire. Tyrese even hit his c-walk.
They said West up!
video via Hip-Hop Loops