Dr Dre Net Worth 2012 Unseats Jay-Z
Dr Dre Net Worth 2012 – Dr. Dre has been ranked No 1 on the Hip Hop’s top Earners for the year 2012 unseating Jay-Z.
Dr Dre Net Worth 2012
In 2008 Dre teamed with Iovine and a handful of other partners to launch Beats By Dr. Dre, which now sells more than half of the country’s premium headphones ($100 and up). That’s music to the ears of Dr. Dre, who collected $100 million pretax when handset maker HTC paid $300 million for a 51% stake in the company last year.
With $110 million in pretax earnings, Dr. Dre is this year’s Hip-Hop Cash King.
On the list also includes P. Diddy who ranks No. 2 with $45 million, thanks mostly to a share of profits from Diageo’s Ciroc vodka.
Jay-Z ranks third with $38 million, pulling in more than half his annual earnings from ventures including ownership stakes in cosmetics company Carol’s Daughter, the Brookyln Nets and a joint venture with battery maker Duracell.
Last year, Jay-Z topped the list with $37 million.
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