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How Master P Turned $10,000 Into A $250 Million Business Empire

AFRICANGLOBE - Master P pulled himself out of one of the roughest and poorest neighborhoods in New Orleans by launching a hugely successful business empire that earned him hundreds of millions of dollars. And it all started with a $10,000 life insurance settlement check.

Dr. Dre To Donate Royalties From New Album To Build Performing...

AFRICANGLOBE - Dr. Dre says he will donate royalties from his new album to the city of Compton for a new performing arts facility.

Rap’s Wealthiest Artists In 2015

AFRICANGLOBE - Last May, shortly after word began to spread that Dr. Dre had sold his eponymous headphone line to Apple, the superproducer made a proclamation: rap’s first billionaire was about to be crowned, and he hailed from Los Angeles.

Dr Dre Tops Forbes Musicians Rich List With US$620 Million

AFRICANGLOBE - Having dominated Forbes Hip-Hop Cash Kings list a few months back, Dr Dre has gone on to top the magazine’s 2014 World’s Highest-Paid Musicians list, effortlessly beating out second-placed Beyonce by about half a billion dollars.

Dr Dre Overtakes Diddy To Top List Of Highest Earners In...

AFRICANGLOBE - With $620m in estimated pre-tax earnings, veteran rapper and record producer Dr Dre topped Forbes list as the highest paid hip-hop artist, ousting Sean “Diddy” Combs from the top spot.

Lebron James Rakes In $30 Million From Dr. Dre’s Deal With...

AFRICANGLOBE - While James was leading the Heat to a victory over the Indiana Pacers in the Eastern Conference finals, sources say the 29-year-old was finalizing what is believed to be the biggest equity cash payout for a professional athlete in history as part of Apple’s recent $3 billion purchase of Beats Electronics.

It’s Official: Apple Buys Beats Electronics For $3 Billion

AFRICANGLOBE - After weeks of rumor, Apple finally announced it has acquired headphone maker Beats Electronic for $3 billion, including $2.6 billion cash up front and approximately $400 million in stock that will vest over time. As part of the deal, Beats co-founders Dr. Dre and Jimmy Iovine will join Apple in undisclosed roles.

Report: Apple On Verge Of Buying Beats For $3.2B

AFRICANGLOBE - Apple is in discussions to buy Beats Electronics, the company behind the popular Beats by Dr. Dre headphones, for $3.2 billion, according to people briefed on the talks, in what would be the biggest acquisition in Apple’s history.

Dr. Dre Jimmy Iovin Donate $70 Million To USC For New...

AFRICANGLOBE - Super-producer Dr. Dre (born Andre Young) and influential music executive Jimmy Iovine are using parts of their substantial fortunes to help cultivate the next generation of music business moguls.
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