Dr. Dre: Will He Become Hip-Hop’s First Billionaire?

Above: Dr. Dre wears a pair of Beats headphones in 2010 (Photo: Reuters)

Move over Sean “Diddy” Combs, looks like you’re going to have some competition in the race to $1 billion.

After Forbes Magazine‘s release of their top 5 wealthiest hip-hop artists, it would seem that Diddy is sitting high and mighty at the top with his estimated $700 million fortune, however that might be changing soon. Dr. Dre who’s right behind Diddy with $550 million, might become hip-hop’s first billionaire after reports that Apple is buying Beats Electronics, the audio equipment and music-streaming service co-created by Dre.

The deal is reportedly worth $3.2 billion, and will be Apple’s biggest collaboration yet. Neither Apple or Beats have commented on the repeated deal, although there’s hope that it will bring new life to Apple due to its recent sales decrease. If the deal goes through, expect Dr. Dre to be the new richest man in hip-hop.

By: Samantha Bridges

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