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    9 May 2014

    Apple set to buy "Beats by Dre" for $3.2 billion US

    Dr. Dre is close to being the first rapper turned billionaire.

    The American rapper is reportedly negotiating a mega deal with technology giant Apple. Apple who are currently bidding to buy Beats by Dre, for a whopping sum of $3.2 billion. This will be one of Apple’s biggest acquisition yet.

    The headphone/speaker company was established by Dr. Dre and his business partner Jimmy Iovine and they are expected to take home a huge sum of the cash.

    TMZ.com reports that the deal may close next week.

    Dr. Dre is currently worth $550 million, just after Diddy who has $700 million.
    This may just be the deal that will shoot him higher
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