Dr. Dre Net Worth 2019: How One Of The Best Hip Hop Producers Of All Time Built An Empire
Born on February 18, 1965, Andre Romelle Young professionally known as Dr. Dre, has seen it all; the fame, money, and success. Dre is an American rapper, record label producer, and a successful entrepreneur.
He has collaborated and produced albums for so many rappers over his career, including 2Pac, Snoop Dogg, Eminem, 50 Cent, The Game, and Kendrick Lamar to name a few. Dr Dre is credited as a key figure in the crafting and popularization of Dre’s attribution for making the West Coast G-funk genre cannot be unseen. A rap style categorized as synthesizer-based with steady but heavy beats. Read on to know what is Dr Dre Net Worth in 2019.
Personal Life: Dr Dre Age, Early Life, Music Career & Is Dr Dre Married
Andre was born in Compton, California in the year 1965 making him 54 years of age. He is the first child in his family born to Theodore and Verna Young. The name Romelle, given to him as his middle name was imitative of his father’s R&B singing group, the Romelle. Dre’s parents got divorced in the year 1972 when he was just 7. Andre attended his first school, the Vanguard Junior High School in Compton. Due to the high crime rates and gang violence occurrences in the area, he was transferred to the safer out-of-town Roosevelt Junior High School.
Andre wasn’t good in studies, and due to low grades, he had to shift in-between schools. Therefore, he started to socialize more and started building his social and entertainment life for the rest of his school life.
It all started in a night club called Eve After Dark where he often used to go. He consequently became a DJ in the same club under the stage name “Dr. J” which was based on the nickname of the famous Julius Erving, his favorite basketball player.
At the Eve After Dark Club, there was a segregated smaller studio at the back of the club where Dr. Dre alongside with Yella recorded several tracks. The first recordings went well, and they recorded a track called ‘surgery’ featuring ‘calling Dr. Dre to Surgery’ in the lyrics. In the year 1984, he joined the musical group World Class Wreckin’ Cru. The song ‘Surgery’ was officially released after being recorded, which made him recognizable on the turntable. The record went so well that it became a hit selling 50,000 copies in Compton.
Over his musical journey, he has accredited a number of own hits and collaboration with other biggest rap stars. In 2015, Dre announces that Straight Outta Compton, Compton album would be his final album which includes featuring several popular collaborators, including Eminem, Snoop Dogg, Kendrick Lamar.
Dre is married to Nicole Young, 48 an ex-wife of the retired basketball star, Sedale Threatt.
Dr. Dre’s Successful Business Ventures
Dre founded two of the hugely successful companies in the entertainment and tech industries simultaneously. No wonder Dr Dre net worth is massive!
Dre is the CEO at Aftermath Entertainment which is a record label producing company based in America. Universal Music Group’s Interscope Records is the parent company for Aftermath Entertainment. He previously co-owned Death Row Records.
Another successful venture of Dr. Dre is Beats Electronics also known as Beats by Dre. Seeing the success of the company and the brand name associated with the rapper, on August 1, 2014, Apple Inc. took over Beats for a staggering US $3 billion in a cash and stock deal. It is said to be the largest acquisition in Apple’s history.
The company is based in Culver City, California. This subsidiary of Apple Inc. specializes in producing audio products with a product line predominantly focusing on headphones and speakers.
In 2014, the company extended revenues from emerging in the online music market with the launch of a subscription-based streaming service, Beats Music. Beats share was 64% in the whole of US in the headphone market and 2013, NPD Group reported that Beats’ has valued at the US $1 billion.
Dr Dre Net Worth 2019 – $850 Million
Due to massive success in the music industry and prosperous business ventures, we can say this without hesitation that Dr. Dre has done quite well.
As of 2019, he is the third most vibrant and richest figure in hip hop world, with a net worth of a whopping $850 million.
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