Dr. Dre Just Made More Money Selling His Headphones Business Than He Ever Did Making Music

4435209374_028e81358d_b.jpg

Taiwanese smartphone maker HTC just purchased a controlling stake in Beats Electronics, the headphones company backed by rapper, producer, and entrepreneur Andre Romelle Young, aka Dr. Dre.

HTC paid $300 million for the 51 percent stake, and Forbes 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 may end up worth $300 million, meaning the deal just added $175 million to his fortune, or more than he ever made cutting records. Even really good ones like The Chronic and Doggystyle.

It reminds me of the old Chris Rock bit about race and wealth. "There are no wealthy black or brown people in America," Rock says. "Shaq is rich. The white man who signs his check ... is wealthy."

Well, with the HTC deal, I think we can officially move Dre into the wealthy category.

Presented by

Does This Child Need Marijuana?

Dravet Syndrome is a severe form of epilepsy that affects children. Could marijuana oils alleviate their seizures?

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

Does This Child Need Marijuana?

Inside a family's fight to use marijuana oils to treat epilepsy

Video

A Miniature 1950s Utopia

A reclusive artist built this idealized suburb to grapple with his painful childhood memories.

Video

Why Principals Matter

Nadia Lopez didn't think anybody cared about her school. Then the Internet heard her story.

Video

A History of Contraception

In the 16th century, men used linen condoms laced shut with ribbons.

Video

'A Music That Has No End'

In Spain, a flamenco guitarist hustles to make a modest living.

More in Technology

Just In