Dr. Dre (real name Andre Romelle Young) is known as one of the best rappers, producers and businessmen in the American industry. Forbes ranked him as the fourth richest rapper of 2017 and according to Celebrity Net Worth he has a net worth of $820 million which makes him one of the richest hip-hop artists in the world. And all of this could not be accomplished without hard work and dedication which are two key factors in the success of every person on Earth…especially if that person wants to be rich!
Music Career
Dr. Dre began his career as a founding member of NWA (aka Niggaz With Attitude), which was started in 1986 by Eazy-E who formed it as a gangsta rap group with DJ Yella, Arabian Prince, Ice Cube and MC Ren.. In 1989, he released his solo debut album The Chronic through Death Row Records (owned by Suge Knight). The album was very successful and sold over 5 million copies within 2 years of its release. He also released two more albums through Death Row: 1992’s The Chronic: Second Round and 2001’s chronic 2001. While continuing to work with Dr.
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Business Ventures
We know Dr. Dre is a music mogul and a businessman through his brands: Beats by Dr. Dre, Aftermath Entertainment, and Apple Inc’s Beats Electronics company that he co-founded with Jimmy Iovine back in 2006. The success of Beats by Dr. Dre line of products helped him grow his net worth to over $770 million when it was sold to Apple for $3 billion (along with another $400 million vested over time) back in 2014.. Recently, he signed a deal with Bose to release new line of headphones called Beats x which has generated some buzz since its launch back in July 2016.
Earnings Sources
The rapper Dr. Dre has a net worth of $830 million. $638 million came from record sales, while $189 million came from concerts and merchandise. He made another $22 million for his work on Apple Music, Beats1 Radio and its other digital music services that he launched with Jimmy Iovine in 2014, but sold to Apple for $3 billion two years later . Also, he made money selling his Beats By Dr.
Records
Dr. Dre began his career as a record producer, creating hits for NWA, Snoop Dogg and Tupac Shakur among others (Forbes). His work with NWA brought him mainstream attention from a wide range of audiences; he was also ranked #23 on VH1’s 100 Greatest Artists of All Time . Dr. Dre has earned approximately $13 million in royalties each year for his Beats By Dr.
Houses & Cars Collection
Dr. Dre owns a $40 million mansion in Malibu, California which covers more than 10,000 square feet and includes 8 bedrooms and 8 bathrooms! Inside his home you will find a 6-car garage and direct access to his own beach! Dr. Dre also owns a private jet valued at $55 million USD! His long time friend Eminem is one of few people who has gotten a chance to fly with him in it. Not only that but he is also listed as one of Forbes highest paid celebrities (earning around $11 million per year) making him one of richest rappers alive today! His net worth is estimated at over $900 million USD! No wonder why Dr.
Last Updated on December 18, 2021
Andrew Smith is a professional News researcher and writer. He has been writing latest tending news articles for various news agencies.
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