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Apple Buys Dr. Dre’s Beats Electronics for $3 Billion

Apple officially buys Dr. Dre’s Beats Electronics company for $3 billion, resulting in Dre becoming hip-hop’s first billionaire!

beats by dre
So we are betting that Dr Dre is one of the happiest men in the world right now!

The rapper and super producer has just sold his Beats Electronics company for $3 Billion to Apple.

Dr. Dre founded the company alongside Jimmy Lovine and have seen their headphones and other merch flying off the shelf ever since. The producer even admitted he had made more from Beats than he had from working in music.

Dre and Lovine will still have a say in their products though as they have confirmed they will be working under Apple as executives.

For more on this story, click here to find out all about it!

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