Dr. Dre’s Net Worth is $960 Million US Dollars, according to Forbes. Andre Romelle Young (born February 18, 1965), known professionally as Dr. Dre, is an American rapper, record producer, and entrepreneur. Dr. Dre's solo debut studio album The Chronic (1992), released under Death Row Records, made him one of the best-selling American music artists of 1993. During the 2000s, Dr. Dre focused on producing other artists, occasionally contributing vocals. Accusations of Dr. Dre's violence against women have been widely publicized.
Dr. Dre is massive all around the world. He has created revelation with his outstanding voice and his contribution to the music industry. Dr. Dre is a very successful rapper whose works have been recognized by some of the greatest names. Apart from his rapping career, Dr. Dre has also achieved massive success as a record producer and Entrepreneur. He founded and co-founded some of the biggest labels and record groups, which gave him massive wealth. Currently, Dr. Dre has a massive fortune of $960 million.
Dr. Dre Net Worth
Dr. Dre is a popular rapper, actor, and producer from America. He presently has a net worth of around $960 million. Dr. Dre has been very successful for the last 30 years and has earned lots of money from his music and other business ventures. Dre was in a reputed group named N.W.A and then created his own music. He sold many albums and supported Eminem, and 50 Cent became popular, too.
Some singers become notable but then disappear. They may quit making music or have other difficulties that make it hard for them to resume. But Dr. Dre is totally different. He began in the 80s and became very successful. He made famous albums, won prizes, commenced his own record label, created songs for others, and even did business of headphones.
Dr. Dre and Jimmy Iovine began a firm named Beats By Dre. Apple purchased it for $3 billion in 2014. They each obtained $750 million before taxes from the deal.
In June 2020, Dre's spouse of 24 years, Nicole Young, filed for a divorce. They didn't sign a contract before getting wedded. Dr. Dre shared his financial knowledge in December 2021 in court. He has assets worth $80 million and gains almost $230,000 per month. In 2021 alone, he sold Apple shares worth $73 million and has roughly $182 million in his bank accounts. He also holds stocks worth $6 million and personal belongings valued at $270 million.
Name
Dr. Dre
Net Worth (2023)
$960 Million
Profession
American record producer and rapper
Monthly Income
$5 Million +
Yearly Income
$70 Million +
Record labels
Death Row Records, Aftermath Entertainment
Years active
1985–present
Genres
West Coast hip hop
Last Updated
2023
Salary and Earnings History
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Dr. Dre is the wealthiest entertainer from the 2023 Super Bowl Halftime Show, with a net worth of $960 million.
Dr.Dre's net worth includes what he gained from 3 albums: The Chronic (1992), which was his 1st solo album; then there was "2001," which came out in '99; finally, Compton was released in '15. In addition to his solo work as an artist, Dre also earned worth through N.W.A., a group that he belonged to from '87 until '92.
Dr. Dre is a well-known singer who also holds a company named Beats by Dr. Dre, which creates headphones. He began the firm in 2006 because he didn't like the quality of Apple's headphones. The 1st headphones were designed with Monster Cable as the manufacturer.
In 2010, he began another firm named HTC, purchased part of Beats for $309 million, and then sold it back to Dr. Dre and his companion Jimmy Iovine for $150 million in 2012. That same year, Beats received a large investment from the Carlyle Group, making his business worth $1 billion. Finally, Apple purchased Beats in 2014 for $3 billion.
Dr. Dre Assets
Home: Dr. Dre is a legend of hip-hop music and is known to be a founder of slow and heavy beats. He popularized the West Coast G-Funk subgenre, which became a massive hit. Dr. Dre is a very rich man, who has many mansions and properties in America. Dr. Dre has a house in Los Angeles, New York, Chicago, Compton, etc.
Car collection: Dr. Dre has a massive collection of cars, which he keeps in a massive house. He almost has a showroom of cars, which includes some of the best ones like McLaren, Maserati, Lamborghini, Ferrari, and many more. You may also like Fetty Wap Net Worth.
Real Estate
Dre's real estate portfolio is worth at least $80 million.
Dre got a large bungalow for $2.4 million in Woodland Hills, California, in the 1990s. He dealt it for $4.5 million in 2019 after listing it for $5.25 million.
Dre paid $50 million in 2014 to purchase Tom Brady and Giselle Bundchen's new huge villa in Brentwood after selling Beats headphones.
In January 2013, Dre sold his beautiful place situated in Hollywood Hills for $32.5 million. He purchased the bungalow in 2001 for $15.4 million.
Dr. Dre got a large residence by the seaside in 2000 in Malibu for $4.8 million. It has 6 bedrooms and 7 bathrooms and is very large, with 8,800 square feet of living area. The house was detailed for sale in November 2022 for $20 million.
In 2018, he purchased a large place for $4.9 million, situated in Calabasas, California. He sold it in January 2023 for $6 million but still has another large bungalow in Calabasas.
In 2019, he purchased a simple house in Pacific Palisades for $2.25 million. The home has views of the sea.
Dr. Dre’s Assets & Investments
Dr. Dre owns over 20 real estate properties, 12 Cars, 5 Luxury Yachts, and 1 Private Jet. The combined worth of all these assets is over $80 Million dollars. Dr. Dre’s Assets Portfolio also includes Cash at Bank and Deposits, which are worth over $100 Million.
Dr. Dre owns a large portfolio of 18 stocks, and he has invested a total of $120 Million in this. A few of the stocks owned by Dr. Dre are listed below.
Coca-Cola
Exxon
Microsoft
Uber
HPVerizon
Dr. Dre Liabilities and Loans
In order to compute the correct net worth of Dr. Dre, we need to deduct his liabilities from his Assets. In order to build his business empire, Dr. Dre has taken over $50 Million in loans and mortgages from leading banks in the US.
Personal Loan from Bank of America
$15 Million
Overdraft from Citibank
$20 Million
HSBC Mortgage
$7 Million
Letter of Credit – JP Morgan
$9 Million
Dr. Dre’s Cash Balance
Dr. Dre has primary accounts with Citibank and Bank of America. All the income of Dr. Dre from music royalties and businesses is deposited into this account. At the end of the current financial year, Dr. Dre has over $85 million in cash reserves. Some of this cash is in foreign exchange, received through music sales outside the United States.
Jay-Z’s Music Royalties
According to Forbes, Dr. Dre is one of the highest-earning music artists of all time, with an annual income exceeding $80 Million. This income comes from multiple music platforms like Spotify, Apple Music, Amazon Music, YouTube, etc.
Spotify – $15 Million
Apple Music – $12 Million
Amazon – $10 Million
YouTube – $13 Million
Other Companies – $30 Million
Dr. Dre’s Luxury Yachts and Private Jet
Dr. Dre has last year gifted himself a brand new private jet plane, that cost him over $70 Million. Dr. Dre has spent an additional $6 Million dollars in redesigning the interiors of this plane according to his taste and liking.
Dr. Dre also owns five luxury yachts and a number of expensive cars. A couple of Yachts owned by Dr. Dre come with a plunge pool and home theater.
