WILL DR. DRE REALLY BE HIP HOP'S FIRST BILLIONAIRE

The music mogul and Beats co-founder said as much in a video posted on Facebook that went viral Friday.
"The first billionaire in hip hop, right here from the motherf----n West Coast," Dre says.
But estimating Dre's net worth is difficult, given that Beats is privately held. Beats did not immediately respond to a request for comment.
Related: Dr. Dre says he's the first hip hop billionaire
Dre -- whose given name is Andre Young -- founded Beats along with music producer Jimmy Iovine. According to various reports, he holds a stake of between 20% and 25% following a $500 million investment last year from private equity firm The Carlyle Group (CG), which was said to have valued the company at around $1 billion.
Forbes pegged Dr. Dre's net worth last month at $550 million. Let's assume he does own 25% of Beats. That stake would have been worth $250 million before the Apple deal chatter, leaving Dre with about $300 million from other investments and ventures, such as his music career.