Dr Dre has agreed to settle his divorce case by striking a property settlement agreement with his ex-wife, in which he would pay his ex-wife, Nicole Young $100m.
Dre and Nicole just filed their property settlement agreement, in which Dre agreed to pay Young $100 million – $50 mil now and $50 mil a year from now.
Dre’s estimated net worth is $820 million. Nicole didn’t get half of Dre’s assets because there is a prenup, which she contested.
Dre gets to keep 7 of the properties they own, including a Malibu home, 2 homes in Calabasas, and 4 properties in the L.A. area, including the $100 million Brentwood estate.
In addition, Dre gets full rights to his master recordings, trademarks and interests in various partnerships and trusts. He also keeps all of their Apple stocks, which includes the proceeds from the sale of Beats by Dre.
They divide their vehicles so that he gets 6 and she gets 4.
She gets to keep jewelry, cash and bank accounts that she had maintained during the marriage.
Nicole must pay her own legal fees, which amount to millions of dollars.
According to reports, if Nicole had settled a year ago, she would have actually gotten a bigger settlement.
“She could have even been on the field for the Super Bowl halftime show as a friendly ex-wife.”