These days Dr. Dre has plenty to smile about. He and partner, Jimmy Iovine are just days away from inking a deal worth a reported 3.2 Billion.
Forbes estimated the value of Beats at 2 billion. In its biggest acquisition yet, Apple is expected to purchase ‘Beats Electronics’ early next week making Dr. Dre and Jimmy Iovine very, very rich men.
Dre and Jimmy started the company in 2008 with just headphones. With its success, the company has expanded its brand to include speakers, car audio systems, and a streaming service.
This would explain the huge home purchase and his interest Dre displayed in buying the LA Clippers.
Not bad for a kid from Compton. Congratulations Dr. Dre and Jimmy Iovine!
Read more: TMZ