the Real Beats Billionaire Is Iovine

After The ‘Beats’ Deal Is Done, Jimmy Iovine Will Be A Likely Billionaire. Dr. Dre Will Be… Close (Video)

May 20, 2014

Oh… close! Closer than me (waaaay closer). In the Businessweek clip above, they cover the numbers behind the deal. Whether the parties settle with a cash deal, or by stock (which allows them to avoid heavy taxation), Interscope’s Jimmy Iovine (who had a bigger share of the company and more personal assets to start) should clear a billion. Dr. Dre stands to scoop $600 million out of the pie.

That’s a damn big scoop. Just not a billion. But it’s okay. Staying in the same circles, Dre could very well be playing in the Billionaire Boys Club one day. Salute to the Diggy Diggy Doc!

– @ojones1

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