Dr. Dre Loses 100 Million Dollars In His Divorce Settlement...BUT HERE IS WHY HE AINT MAD!

Dr. Dre Loses 100 Million Dollars In His Divorce Settlement...BUT HERE IS WHY HE AINT MAD!

After 18 months of legal back and forth, rapper and producer Dr. Dre has finalized his divorce from Nicole Young with a $100 million settlement, sources familiar with the situation told NBC News on Wednesday. Dr. Dre, whose real name is Andre Romelle Young, was married to Young for nearly 24 years, and the two have two adult children Truice, 24, and Truly, 20. Under the terms of the settlement, Young will get $50 million immediately and the other $50 million in one year, the sources said, adding that she is not eligible for spousal support. Young leaves the marriage with all the jewelry as well as four vehicles: a Rolls Royce, Range Rover, Escalade limousine and Spyder motorcycle. Young, 51, is required to move out of their Malibu beach home by the end of the month and must pay for her own legal fees under the agreement, the sources said. Dre, 56, who is worth $820 million will keep the lion’s share of his wealth including his master recordings, trademarks and interests in various partnerships and trusts, according to the sources. He will also retain all Apple stocks, which includes proceeds from his sale of Beats by Dre, which was bought by Apple in 2014 for $3 billion.

Oshay Duke Jackson