Dr. Dre has reached a settlement that will see him pay $100 million to his ex-wife Nicole Young to end a messy 18-month divorce battle.
Dre — whose real name is Andre Romelle Young — will pay Young two $50 million installments, one immediate and one in a year, according to the insider. He’ll keep full control of his intellectual property, including his music copyrights and his brand trademarks, as well as his shares in Apple from his sale of Beats By Dre.
The total percentage of Dre’s assets represented by the $100 million settlement is unclear. According to media reports, his total net worth had previously been believed to be above $800 million. But in a November court filing as part of the divorce proceedings, his attorneys said his total assets amounted to just $458 million.
that Dre had “demanded” she sign the prenup by exerting “undue pressure,” leaving her “no choice but to do so.”, claiming that Dre once “held a gun to my head.” Dre, represented by high-profile celebrity divorce lawyer Laura Wasser, immediately denied all such claims. He later filed a response in court alleging she had fabricated the accusations as litigation leverage.
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