Dr. Dre’s Net Worth Is 9 Figures. See Where He Invests.

Seven-time Grammy Award-winning rapper, record producer, and entrepreneur Dr. Dre is not only a hip-hop legend, but also an astute entrepreneur and investor.

Dre, whose real name is Andre Romelle Young, has an estimated net worth of $500 million, according to Celebrity net worth. Dre’s wealth comes largely from the sale of his Beats Electronics headphone company to Apple, and the Apple shares he received in the deal. He also has a sprawling real estate portfolio valued at nearly $80 million.

From his illustrious music career to his smart investments, here’s how Dr. Dre built his empire.

music

Dr. Dre is widely considered one of the most influential rappers and hip-hop producers of all time. Not only was he a co-founder of the hip-hop group NWA, which is credited with making West Coast rap popular, he also helped launch the careers of Snoop Dogg, Eminem, 50 Cent, and Kendrick Lamar, among others. Others. Dre has won seven Grammy Awards, and has been nominated for the award 26 times.

Dr. Dre left NWA in 1992 and co-founded Death Row Records with former record executive Suge Knight, rapper and record producer The DOC, and the late record producer Dick Griffey. Dr. Dre released his first solo album, “The Chronic,” with the label, which has also been home to artists Snoop Dogg, Tupac Shakur, Nate Dogg, and Warren G.

Entertainment afterwards

In 1996, Dr. Dre founded another record label, Aftermath Entertainment. Aftermath is currently Dr. Dre’s flagship label, and also produces music for artists Kendrick Lamar, Eminem, and Anderson .Paak. Dre sold part of Aftermath Records to Interscope Records, a subsidiary of Universal Music Group, for $35 million in 2001.

Dr. Dre is selling part of his music catalog

In 2023, Dre sold a portion of his catalog, including music income streams and other music assets, to Shamrock Holdings and Universal Music Group. The value of this sale was estimated at more than $200 million, according to diverse. The assets generate an estimated $10 million annually. diverse I mentioned.

Electronics beats and music beats

A large portion of Dr. Dre’s wealth comes from his audio company, Beats Electronics, which he co-founded with former record executive Jimmy Iovine in 2006. In 2014, Dre sold Beats Electronics and Beats Music (a music streaming service) to Apple (AAPL) for $3 Billions of dollars. The deal included $400 million that would vest over time, which would earn Dre and Iovine an estimated $700 million from the deal when the stock vested in August 2018, according to diverse.

Beats had (and still has) endorsement deals with major celebrities including LeBron James, Serena Williams, and Kim Kardashian.

Dre and Iovine donated $70 million to the University of Southern California in 2013 to establish the Jimmy Iovine and Andre Young Academy for the Arts, Technology and Business of Innovation.

Still gin

In 2024, Dr. Dre started a gin brand with his long-time friend and collaborator, Snoop Dogg. Gin & Juice by Dre and Snoop is a play on two of their biggest collaborations, “Gin & Juice” by Snoop and “Still Dre” by Dr. Dre. The beverage company features ready-to-drink gin cocktails and premium bottled gin – called Still GIN. Each bottle of Still GIN sells for a suggested retail price of $34.99.

Real estate portfolio

Dr. Dre also has an extensive real estate portfolio valued at approximately $80 million. Dre has purchased properties all located in the Los Angeles area at prices ranging from $2 million to $40 million. His largest real estate purchase to date is for former NFL quarterback Tom Brady and his ex-wife Gisele Bündchen in the Brentwood area for $40 million in 2014.