Dr. Dre Net Worth 2018; Wife, Children and Cars

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  • Source of Wealth : Music, Television
  • Birth Place : Compton, California, United States
  • Marital Status : Married (Nicole Threatt)
  • Full Name : Andre Romelle Young
  • Nationality : American
  • Date of Birth: February 18, 1965
Super-producer/rapper, Andre “Dr. Dre” Young, has an estimated net worth of $750 million in 2018.

He expanded his wealth with Aftermath record label, Beats headphone and HP laptop line.

On 11th August 2011, Dr. Dre reportedly sold 50% stake in Beats Electronics, the headphone company to Taiwanese smartphone maker HTC for £191 million ($310m).

Forbes Magazine looked into what the deal may mean for Dr. Dre’s net worth, which was last estimated at $125 million.

By the magazine’s back-of-the-envelope calculations, Dre net worth is $260 million, meaning the deal added $135 million to his fortune.

Dr. Dre may not have put out a new album in the last 10 years,but the rapper and producer has reaped the rewards from his business.Dr Dre net worth 2018

Essentially, he has helped launch careers of Snoop Dogg, Eminem, 50 Cent.

More than any other rapper, Dr. Dre was responsible for moving away from the avant-noise and political stance of Public Enem.

And Boogie Down Productions as well as the party vibes of old-school rap.

Instead,  Dr. Dre pioneered gangsta rap and his own variation of the sound, G-funk. Born Andre Romelle Young February 18, 1965 in Compton, California.

Beats Audio was Purchased by Apple in May 2014 for $3 Billion dollars, making Dre leapfrog as the Richest Man in Hip Hop, surpassing Long time reigning Diddy and Jay-Z.

DR. DRE EARLY LIFE

One of the earliest pioneers of rap in the music industry, Dr. Dre, full name Andre Romero Young was born on the 18th of February, 1965.

Dr. Dre came from a musical background as both his parents were singers. Infact, his middle name came from one of the bands his father Theodore belonged to, The Romells.

His mother, Verna quit her group, The Four Aces shortly before she gave birth to Dre.

Dr. Dre’s parents split up in 1968. They had been married for about 4 years and they divorced in 1972.

Dre went with his mother who remarried on different occasions.

This led to them moving around most of the time and at a point Dre lived with his grandmother.

There are strong claims that he was mostly raised by her at the Wilmington Arms housing project in the Compton area.

He started attending Centennial High School in 1979 and showed talent in drafting, but he gave little attention to other school courses.

Then he got transferred to Fremont High School due to poor grades and later on went to the Chester Adult School.

To continue his education, his mother insisted that he gets a job..

Certainly, Dre had no interests whatsoever in school work, his passion was to make music.

On the eve of 1984 Christmas, he received a music mixer and turned the family house into a mini studio.

Thus, his journey into the musical world began and his life started to take a new shape.

He worked tirelessly for hours, taking pieces of different songs and sounds to produce his own unique sound.

Overtime, he started hanging out at the Los Angeles night club where he got his chance to work at the turntables.

That same year he joined the World Class Wreckin’ Cru which performed in various nightclubs.

There he coined out his signature name “Dr Dre, the Master of Mixology”.

This name was partially inspired by popular basketball player at that time, Julius “Dr. J.” Erving.

DR DRE SONGS

Most of Dr. Dre songs were centered on street life and they were quite harsh and explicit.

He teamed up with fellow rappers like Eazy-E, Cube, Yella, D.O.C., the Arabian Prince and MC Ren to form the N.W.A (Nigagaz With Attitude) in 1985.

With this new group, he produced more definite sounds.

Their second album, Straight Outta Compton which was released in 1988 sold over two million copies and paved the way for a new genre of music, Gangsta Rap.

One of the tracks in the album, F*** tha Police started a major controversy as the song was thought to instigate violence between the black youths and the police.

The controversy was so huge a letter of warning was sent by the FBI to the record label Ruthless Records about the song.

In 1992, Dre released an album, The Chronic with his onetime body guard Marion Suge Knight as the executive producer.

He did this after breaking out from the N.W.A. group and getting signed under a new record label.

The album was released under Death Row Records and introduced the “G-funk” production style.

Truly, the biggest single from the album Nuthin but a G Thang featured Snoop Dogg, who was at the time still an upcoming rapper.

Dr Dre released his second solo album, 2001, in 1991. The album turned out to be a major hit on both the hip-hop and pop charts as millions of copies were sold and also became a phenomenon as it “G-funk” sound dominated much of hip-hop at that time.

Dre was apparently supposed to release a third album which he titled Detox of which he teased his fans with. But tracks from the album leaked, the project was delayed and eventually never released.

So far, Dr Dre has;

Three Studio Albums

  • The Chronic (1992)
  • 2001 (1999)
  • Compton (2015)

One Soundtrack Album

  • The Wash (2001)

Various Collaboration Albums

With World Class Wreckin’ Cru

  • World Class (1985)
  • Rapped in Romance (1986)

With N.W.A.

  • W.A and the Posse (1987)
  • Straight Outta Compton (1988)
  • 100 Miles and Runnin’ (1990)
  • Niggaz4Life (1991)

DR DRE’S CHILDREN

Dr. Dre became a father as early as in high school with Cassandra Joy Greene but didn’t get to meet his first son Curtis.

He got the chance to meet the bot when he was about 20 years old.

Dre was young as 16 years then and Cassandra, 15. Curtis is an aspiring rapper and performs by the name “Hood Surgeon”.

He also had another daughter in 1983 from another high school relationship with Lisa Johnson named La Tanya Danielle Young.

Then he had a relationship with Michelle, one of the singers who worked with him in the World Class Wreckin’ Cru.

Their relationship yielded a son whom they named Marcel.

In the late 1980s, he fathered another child with Jenita Porter, a son Andre Jnr who later died.

His death was suspected to be of drug overdose in 2008.

In 1996, Dre married Nicole Threatt, formerly married to NBA player Sedale Threatt and they have two children, a son named Truice and a daughter named, Truly.

Dr. Dre also has another daughter named Tyra Young.

The identity of her mother is unknown but Dr. Dre accepts responsibility for her as his daughter.

The musician had seven children but he lost one to drug abuse which leaves them at six.

DR. DRE’S WIFE

Nicole Threatt is Dr. Dre‘s wife and she was born on the 1st of January, 1970.

Although she is a legal practitioner, she is no longer practicing probably as a result of her marriage to Dr. Dre.

Not much is known about her early life but she is largely considered a house wife and a socialite.

Dr. Dre and his wife Nicole
Dr. Dre and his wife Nicole

Nicole was before married to Sedale Threatt, an NBA player but the marriage did not last due to series of misunderstandings which led to their divorce.

In 1996, she got married to Dr. Dre following his move to establish to Aftermath Entertainment, his own company.

The union has lasted for about 20 years and has produced two kids.

Nicole has tried her best to maintain privacy despite being married to one of the big fishes in the hip-hop music industry.

It was speculated that she met Dr. Dre while still married to Threatt and that Dre wrote her a letter literally asking her to dump her husband and marry him.

Whether this is true or not, the duo eventually ended up together.

DR DRE’S NET WORTH

Dr. Dre through the years is known for constantly evolving with the times alongside his production style while still maintaining its uniqueness and rebranding previous works.

This has kept him relevant and one of the most sought after producer through the years.

In 2004, Dr. Dre was ranked 44th from his earnings of about $11.4 million majorly from production royalties.

Forbes estimated his net worth at $270 million in 2012.

As of 2018, he was ranked the third richest figure in hip hop according to Forbes with a net worth of $750 million.

HOW HE MAKES HIS MONEY

Dr. Dre is a producer, rapper, actor and also a successful businessman. He is the founder and CEO of Aftermath Entertainment and was previously co-owner of Death Row Records.

In 2001, Dr Dre clocked about $52 million dollars from selling part of his share of Aftermath Entertainment to Interscope Records.

After production of hit songs like Mary J. Blige’s song, Family Affair, the dollars kept rolling in.

He acquires his money through various endeavors like production, royalties and so on. Dr. Dre is no doubt an entrepreneur.

In July 2008, he and Jimmy Lovine, a music executive, established Beats Electronics which sold headphones, earphones and speakers among other items.

Six years down the line, the duo launched Beats Music, a music streaming service. Apple purchased both companies for $3 billion in 2014.

It is said that Dr Dre has made more money making Beats headphones than he ever did making music.

The income he made from the 2014 sale of the highly acclaimed “Beats by Dre” to Apple contributed to Forbes terming him “the biggest single-year payday of any musician in history”.

This made him the world’s richest performer as at 2015.

DR DRE’S HOUSE

In the spring of 2014, Dr. Dre purchased the Los Angeles home of NFL quarterback Tom Brady and supermodel wife Giselle Bundchen for a whooping sum of $40 million dollars.

The house is a 14,000-square-foot five-bedroom home.

He also owns an 8,000-square-foot home on Malibu’s Carbon Beach, also known as “Billionaires Beach”.

He intended selling the house for about $12.5 million sometime in 2012 but apparently hasn’t been sold yet.

In January 2015, he sold his other home, a 9,696-square-foot mansion in the Hollywood Hills for $32.5 million.

In addition, Dre also owns an eight bedroom home in Woodland Hills which he bought for $2.4 million in 1999 and a 5.79-acre plot of land in Hidden Hills which he put on the market for $14.5 million.

DR DRE’S CARS

Dr. Dre is known to have a liking for very exotic cars.

He has been seen driving a black Rolls-Royce Phantom Coupe, estimated to cost $450,000 thousand.

Dr. Dre Cars
Dr. Dre Cars

Eminem gifted him a white Bentley which costs a lot.

Quite an expensive gift as the car is estimated to cost more than $200,000 thousand dollars.

Dre travels in style as he enjoys doing so in private jets and yachts.

He owns a Hummer H2, a military styled SUV from General motors.

DR. DRE’S AWARDS

Dr. Dre has won six Grammy Awards, three of which are for his production work.

Dr. Dre’s album, The Chronic produced his first Grammy award in 1994 for “Let Me Ride”, a single released right after the album.

The single took home the best rap solo performance category.

His album, 2001, which he released in 1999 also paid off as it produced a Grammy award winning single, ”Forgot About Dre”.

Dre also featured on a single “No Diggity” by R&B group Blackstreet in 1996.

The single was a huge success as it topped the Hot 100 for four consecutive weeks and later won the Grammy award in 1997 for Best R&B Vocal by a Duo or Group.

Then in 2000, he took home the Grammy Award for producer of the year largely because of his work in Eminem’s Grammy winning album The Marshall Mathers LP.

His song “Keep Their Heads Ringin” won him the MTV Video Music Awards in 1995 for the category of Best Rap Video and also in 2000 for the same category with his single, “Forgot About Dre”

He won the BET Hip Hop Awards for the Hustler of The Year” in 2014.

DR. DRE’S LATER YEARS

Despite his history of violence and convictions, Dre has managed to rise above his colleagues while still trying to become a better husband and father as he stated in an interview with Rolling Stone,

 “I made some fucking horrible mistakes in my life. Indeed I was young, fucking stupid. I would say all the allegations aren’t true—some of them are.

Those are some of the things that I would like to take back. It was really fucked up.

However, I paid for those mistakes, and there’s no way in hell that I will ever make another mistake like that again”

And then he made a statement to The New York Times in August 2015 stating, “Twenty-five years ago I was a young man drinking too much and in over my head with no real structure in my life.

However, none of this is an excuse for what I did.

 I’ve been married for 19 years and every day I’m working to become a better man for my family, seeking guidance along the way.

I’m doing everything I can so I never look like that man again.

I apologize to the women I’ve hurt. I deeply regret what I did and know it has forever impacted all of our lives”

In 2013, Dr. Dre and business partner, Jimmy Lovine gave $70 million to the University of Southern California for the creation of  the Jimmy Lovine  and Andre Young Academy for Arts, Technology and The Business of Innovation.

The six time Grammy award winning producer and rapper has also contributed to the success of many other rappers like Snoop Dogg, 2Pac, 50 Cent, Eminem and so on.

Undeniably Dr. Dre can be accredited to be the father of rap cause in rising he has lifted others as well.

 

Conclusion

Dr. Dre is a perfect example of one who showed tenacity and pursued his passion fiercely despite all odds against him.

As an uncanny business man coupled with his entrepreneurial skills, Dre’s efforts have yielded tremendous results over the years clearly depicting the fact that passion is not enough.

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