SO! After a long divorce battle between Dr. Dre and his ex-wife Nicole Young, both sides have reached an agreement. Nicole had her legal team work hard to make sure she kept the bag tight and it looks like all their hard work has paid off. Based on TMZNicole left a 24-year marriage with $100 million due to their property settlement.
While it’s not exactly half, $100 million is a lot of money. TMZ said Dre was “very happy” Nicole received only a portion of his estate. Reports say that Dre has agreed to pay their deal, which will be split into $50 million now and the remainder a year later. Dre’s estimated net worth is $820 million. Some of you may recall from our previous reports that Nicole and Dre booked, hence why she didn’t get half, even though she disputed the deal.
Now that settlement has been reached, Dre can walk away from the divorce with seven properties they own, including a home in Malibu, two homes in Calabasas and four homes in the Los Angeles area. LA real estate includes Brentwood property, valued at $100 million.
In addition, Dre has full rights to the master recordings, his trademark, and interests in various partnerships and trusts. The manufacturer will also keep all of its Apple stock, including the proceeds from the sale of its Beats by Dre company. Nicole was also able to walk away with some of her own supplies, including four vehicles they were separating from a convoy of cars. Dre will get six.
Nicole will also keep the jewelry, cash and bank accounts she maintained throughout the marriage. However, she is responsible for paying her own legal fees, which total in the millions of dollars. Roomies, do you think the settlement is fair?
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