<p><a href="/profile/DoctorDre" class="text-word" target="_blank" >Dr. Dre</a> recently<a href="http://www.hotnewhiphop.com/forbes-five-lists-hip-hop-s-wealthiest-artists-news.10181.html" target="_blank" rel="noopener"> surpassed Jay Z </a>as the second richest rapper in the game, and it looks as though he could take the throne from <a href="/profile/Diddy" class="text-word" target="_blank" >Diddy</a> if Apple successfully buys him out of Beats Electronics. </p>
<p>While the company is currently valued at $1 billion (after a recent $500 million investment from Carlyle), Apple is apparently offering $3.2 Billion for the Dre and Iovine&#8217;s brand, which includes both the successful headphone line, and the recently launched Beats Music service.</p>
<p>It may be too big of an offer to refuse, and would be the largest ever acquisition for Apple, who have never paid more than 1 billion for a company.</p>
<p>Rumor has it that the deal could go down as early as next week. More coverage to come as information arrives.</p>
<p>[<a rel="nofollow noopener" href="http://appleinsider.com/articles/14/05/08/apple-reportedly-nearing-32-billion-buy-for-beats-electronics" target="_blank">via</a>]</p>
<p><strong>[UPDATE: Dr. Dre Confirms Deal, Celebrates]</strong></p>
<p>Following yesterday&#8217;s report about Apple looking to buy Dr. Dre and Jimmy Iovine&#8217;s successful Beats Electronic company, we&#8217;ve basically received confirmation the deal is happening. Both <a href="/profile/Eminem" class="text-word" target="_blank" >Eminem</a> and Dr. Dre posed for a photo at the Apple offices this morning (released via Twitter), plus <a href="/profile/Tyrese" class="text-word" target="_blank" >Tyrese</a> posted some Instagram videos (which were later removed, but are still alive thanks to YouTube) of Dr. Dre calling himself the first West Coast hip-hop billionaire.</p>
<p>&#8220;The first billionaire from hip-hop, right motherfucking here from the West Coast. Believe it,&#8221; Dre says, while Tyrese says that the Forbes list needs an update.</p>
<p>Check out the picture of Em and Dre above.</p>
<p><iframe loading="lazy" src="https://www.youtube.com/embed/p3jR3nzt_uI" width="620" height="315" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p><a rel="nofollow noopener" href="http://hiphop-n-more.com/2014/05/dr-dre-beats-apple-deal-confirmed/#more-147401" target="_blank">[via HHNM]</a></p>
<p><iframe loading="lazy" width="620" height="315" frameborder="0" allowfullscreen="allowfullscreen" scrolling="no" src="https://www.youtube.com/embed/kfF5Mz2S71I"></iframe>
<br></p><br><h2>Gallery #1</h2><figure class="wp-block-image size-large"><img decoding="async" src="https://editor.urbanlinx.net/wp-content/uploads/gallery/75/91/1399589175_d9182233bf6f51753922e92a573b6007.jpg" alt="Apple May Be Looking To Acquire Dr. Dre's Beats Electronics For $3.2 Billion [Update: Dr. Dre Confirms]"></figure>