Dr. Dre Pops Up In Video Selfie To Confirm Beats Sale To Apple

Posted: May 9 2014, 9:30am CDT | by , in Latest Business News


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Dr. Dre Pops Up In Video Selfie To Confirm Beats Sale To Apple

There’s nothing like a few rounds of Heineken to get primary sources talking about big news even before it’s official. On Thursday the Financial Times broke the news that premium headphone maker Beats Electronics (sometimes known as “Beats By Dre”) was finalizing a deal to sell to Apple for a reported $3.2 billion. Within hours of the news, the below video appeared on R&B singer Tyrese Gibson’s Facebook page. In it, Dr. Dre makes an appearance and boasts about the deal.

“First billionaire in hip-hop, right here on the mother-f$%&*#$ west coast,” Dre says to the camera.

This comes after a bit of razzing from Tyrese that Dre is more than a bit tipsy on Heineken. He also implores Forbes to change its Forbes 400 list of the wealthiest people in America, although as Zack O’Malley Greenburg points out, the acquisition may not be quite enough to land Dre on the list.

Dre’s stake in Beats currently stands at somewhere around 20-25%… capital gains taxes could take a bite out of his big payday, likely leaving him with a net worth in the neighborhood of $800 million. It’s not quite enough to land on the Forbes 400, but it would easily make him hip-hop’s richest man, topping current champion Diddy by $100 million.

That’s still worth raising a few Heinekens in celebration. You can check out the full video below, but be warned: It contains strong language and definitely isn’t safe for work.

To jack in to my brain and get more on the latest in science, tech and innovation, follow me here on Forbes, as well as on Twitter @ericcmack and on Google+.

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