Courtesy of SOHH Dot Com
“I don’t bop, I do the money dance!”- Rick Ross
And that’s exactly the dance music moguls Dr. Dre and Jimmy Iovine are doing right now as they have secured a minority investor in their company Beats Electronics, which distributes the Beats headphones as well as other products. The Carlyle group, which is based out of DC is reportedly investing $500 million dollars for a minority stake in the company. This would bring the net worth of the company to just over $1 billion dollars. Dr. Dre is currently 3rd on the Forbes list this year for World’s Highest Paid Hip Hop Artists. Money, money, yea yea!!!