KEY POINTS

  • Dr. Dre is Andre Romelle Young in real life
  • He made $950 million in the last decade
  • The legendary producer beat Beyonce and Taylor Swift in the highest-earning muscians list in the last decade

Dr. Dre’s net worth in the last decade is estimated at close to a billion dollars. Is it true that he is now a billionaire rapper?

The hip-hop artist is widely considered as one of the richest musician of his generation, if not all-time. Forbes reported that his net worth reached $800 million last year. The 54-year-old legend claimed he already eclipsed the billionaire mark in 2014 but experts highly doubt it. Dre made the assessment after Apple acquired Beats By Dr. Dre to the tune of $3 billion that time. However, after debt payments, the producer only allegedly made half a million from the deal.

This is not to belittle what he has achieved and worked hard for. Even though Dr. Dre has not released an album since 2015 and has taken sabbatical in touring promotions, he still raked in huge money due to savvy business ventures. In another report from Forbes, the rapper was ranked number 1 in the top earning musicians list of the past decade. Taylor Swift and Beyonce ranked second and third, respectively. The list was made before taxes and living expenses, agent fees, managers and promoters. 

Only three white men were included in the report -- Paul McArtney, Elton John and U2. On the other hand, three rapper moguls were included aside from Dr. Dre, including Diddy and Jay-Z. The three rapper/producers have something in common as they started to invest their wealth by starting their own companies. 

A lot of Dre's success and money came from the Beats by Dre deal. His connections with other athletes and influential people helped Beats grow. Some of the most notable to wear the headphones are LeBron James, Lil Wayne, Will.I.Am and Richard Sherman. 

Dr. Dre, who was inducted in Rock and Roll Hall of Fame in 2016, was credited for launching the careers of renowned rappers Eminem and 50 Cent. He still goes on tours from time to time, such as in 2012 when he appeared in Coachella with Snoop Dogg. 

Dr. Dre Dr. Dre at the “Straight Outta Compton” after party in Los Angeles, California on Aug. 10, 2015. Photo: Getty Images/Kevin Winter

Aside from producing albums, he is also interested in education. In 2012, he and Jimmy Iovine gave $70 million to the University of Southern California to start a program on their behalf. Thus, the Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation was created. 

Dr. Dre was also known to be a big spender and has an eye for things of luxury. He paid a cool $40 million for a 14,000-square-foot Brentwood mansion, formerly owned by Tom Brady and supermodel Gisele Bundchen. The property features an infinity pool and a view of the Pacific Ocean. His other homes include a 8,800-square-foot home on Malibu's Carbon Beach and an eight-bedroom home in Woodland Hills, among others.

His car fleet is as impressive as the homes he owns. Dr. Dre drives a Rolls-Royce Phantom Coupe and a white Bentley Coupe. 

Fans of hip-hop artist and legendary producer expect great things for him in the new decade. It will not be surprising if he doubles his net worth this decade.