Dr. Dre is reportedly close to becoming the richest man in hip-hop. According to NBC News on Friday, a proposed deal from Apple to purchase Beats Electronics could make Dr. Dre the world’s first billionaire rapper.
The bid from Apple is reportedly valued around $3.2 billion and if the deal goes through, Dr. Dre will be a wealthy man as the co-founder of the headphone business. Currently the hip-hop entrepreneur, whose real name is Andre Young, is ranked second on Forbes’ list of the wealthiest hip-hop artists of 2014. The sale of Beats Electronics would propel him past Sean “Puff Daddy” Combs.