Sponsored
Music

Music Mogul, Dr. Dre Settles Ex-Wife $100m, Celebrates Divorce With Balloons

Sponsored
Sponsored

After Dr. Dre was seen posted up with giant, silver balloons that read, “Divorced AF” earlier this month via a friend’s Instagram, what many may not have known is that it came with quite a hefty price tag: $100 million to be exact.

But don’t get it twisted, the West-Coast legendary producer is reportedly  “delighted” his ex Nicole Young is only getting a fraction of his estate.  

According to TMZ, Dre and Nicole’s property settlement agreement was finalized, which entails him paying $50 million now, and $50 million a year from now, however, Dre’s estimated net worth is $820 million.

Here’s why The Chronic rapper is so elated: Dr. Dre had a prenup, keeping her from receiving half, although she’s been steadily trying to contest it.

In fact, according to sources close to the gossip tabloid, Nicole could have actually gotten more had she settled a year ago.

One of those sources said, “She could have even been on the field for the Super Bowl halftime show as a friendly ex-wife.”

In the end, Dre comes out mostly unscathed. He gets to keep seven of the properties they own, including a Malibu home, two homes in Calabasas, and four properties in the L.A. area, including the $100 million Brentwood Estate.

Dre is also allowed to own the full rights to his master recordings, trademarks and interests in various partnerships and trusts. He also keeps all of their Apple stocks, which includes the proceeds from the sale of Beats by Dre.

Sponsored
Funsho Arogundade

Recent Posts

President Tinubu Mourns Veteran Actor Taiwo ‘Ogogo’ Hassan

President Bola Tinubu has expressed condolences to the family, friends, and colleagues of Taiwo Hassan,…

9 hours ago

Ooni Pays Tribute To Legend Actor Ogogo, Commiserates With Family, Nollywood Industry

The Permanent Chairman of the Southern Nigerian Traditional Rulers Council (SNTRC), Arole Oodua Olofin Adimula…

10 hours ago

Goldberg Kicks Off Back To Bar 2.0 With Weekly N250,000 Wins

As Europe’s biggest leagues return, Goldberg brings instant airtime and weekly N250,000 wins to participating…

10 hours ago

Ogogo: Adieu To A Cultural Towns’ Man

KAYODE ODUNARO  By the nature of my job over the years, I am not cut…

10 hours ago

Odunmbaku Celebrates An Exemplary Public Servant, Hon Tayo Ayinde On His Birthday

The Executive Chairman of Ojodu LCDA, Hon. Segun Odunmbaku, has eulogised the Chief of Staff…

13 hours ago

Osun Polls: The Days After And Implications For 2027

BY TUNDE RAHMAN Osun State woke up last Sunday with the same government it went…

14 hours ago
Sponsored