Dr. Dre

Dr. Dre Net Worth 2014 – 2015: $1 Billion

Dr. Dre is about to become hip-hop’s first billionaire, recent news revealed Apple’s intentions of acquiring Beats Electronics for $3.2 billion, the deal is set to make Young the wealthiest rapper in the world. According to Forbes, if the deal goes through, Dre will be close to the $1 billion mark, after taxes he’ll have a new net worth of $800 million, which means that he’ll just have to make an extra $200 million in order to become hip-hop’s first and only billionaire.

Major Update:

Andre “Dr. Dre” Young is a rapper, producer, and entrepreneur who is best known for being the founder of Aftermath Entertainment and Beats Electronics, he’s also the guy responsible for launching the career of and producing albums for rappers such as Eminem, 50 Cent, Snoop Dogg, The Game, Kendrick Lamar, and many more. However, and even though Andre has had incredible success both as a rapper and producer for more than 20 years, his estimated net worth of $550 million really comes from the unprecedented success of Beats By Dr. Dre Headphones. According to Forbes Magazine, Beats Electronics, which is the company that makes Beats By Dr. Dre Headphones has 65% market share of the premium headphone market, and to top it all up the company recently received a $500 million infusion from the Carlyle Group which increased its value to almost $2 billion dollars.

dr dre
Beats By Dre have had so much success and they have allowed Andre Young to make so much money that his wealth increased by over $200 million in just a one year time frame, from $350 million in 2013 to more than $550 million in 2014. And by beating the likes of Jay Z and Birdman in terms of how much money they make/have, Dr. Dre is now the second richest Hip Hop artist on the planet, right after Sean P. Diddy Combs who’s still Hip Hop’s undisputed wealthiest cash king. Keep in mind that Andre made over $200 million in just one year, his headphones are hot and everyone wants to have them, they sell like candy, so there’s a really big chance for him to surpass Diddy next year, and he also has the opportunity to become hip hop’s first billionaire.

Andre Romelle started his career in the early 80s, he first became a DJ, then he joined the group World Class Wreckin’ Cru and became a well known DJ and producer in Compton. However, Dr. Dre started to gain a lot of fame and recognition after becoming one of the original members of the hip hop group formed by Eazy-E called N.W.A, where he performed along other well known West Coast rappers such as Ice Cube, DJ Yella, and Arabian Prince.

Dre’s real success came after Death Row Records released his first solo studio album titled “The Chronic” which included hit singles such as “Nuthin’ But a G Thang” and “Let Me Ride” among several others. In 1996 Young left Death Row Records and immediately founded Aftermath Entertainment through Interscope Records. One of Aftermath Entertainment’s first move was to sign Eminem. In 1999 Aftermath records released Eminem’s first major studio album titled “The Slim Shady LP”, which was instant hit and automatically guaranteed the label’s success, the rest is history!

But, how much is Dr. Dre really worth? Well, according to several online media outlets and magazines he currently has an estimated net worth of $500 million, other sources claim that he’s worth somewhere around $360 million. However, after making our own calculations and taking into account the most recent information about his career, salary, and earnings, we have come to the conclusion that he has a total fortune of $550 million dollars approximately.

Forbes Magazine ranks Andre Dr. Dre Young #63 on their 100 Richest Celebrities list, and #2 on their latest Hip Hop Cash Kings list with estimated earnings of more than $200 million from June 2013 to 2014.

Speak Your Mind