Paid in Full! Dr. Dre Snags #5 of Forbes’ Highest-Paid Celebrities List

    0
    84

    Record Executive and Entrepreneur Andre Young, better known by his stage name Dr. Dre, takes the #5 spot on the Highest-Paid Celebrities Forbes list. The 47-year-old super-producer’s source of wealth…music, electronics and “self-made.” As of May 2012 the CEO of Aftermath Entertainment and former co-owner of Death Row Records, reported earnings of over $110 million.

    According to Forbes, “handset maker HTC paid $300 million for a 51% stake in Beats by Dr. Dre, the headphone company he co-founded with Interscope chief Jimmy Iovine in 2006. Each owned about a third of the company, pocketing about $100 million apiece, before taxes, from last summer’s deal.”

    Follow Hip Hop Enquirer Magazine | @HipHopEnqMag

    Leave a reply

    Please enter your comment!
    Please enter your name here

    This site uses Akismet to reduce spam. Learn how your comment data is processed.