Dr. Dre To Pay Ex Nicole Young $100 Mil, Keeps Properties: Report

BY Erika Marie 5.5K Views
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Dr. Dre, Nicole Young
Nicole will reportedly keep her bank accounts, cash, and jewelry collection.

After over a year of a contentious divorce battle, more is being shared about Dr. Dre and Nicole Young's agreement. The pair first announced that they were divorcing back in the Summer of 2020, and what followed was a series of updates that spoke at length about the ins and outs of the couple's marriage and finances.

From the beginning, Nicole suggested that there wasn't a prenuptial agreement in place and reports stated she was asking for $2 million per month in spousal support. Following his alarming brain aneurysm, Dr. Dre reportedly gave his wife millions, yet still, their bitter split continued to make headlines.

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The Aftermath mogul recently was seen in a "Divorced AF" Instagram photo hinting that the legal back and forth may be officially over and on Tuesday (December 28), TMZ reported that Dre is paying his wife $100 million. The outlet stated that it is broken down into "$50 mil now, and $50 mil a year from now." The rapper's net worth is also said to be estimated at $820 million.

In exchange, 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 a fleet of vehicles -- he gets 6 and she gets 4.

Meanwhile, Nicole reportedly will keep her cash, accounts, and jewelry, but she will be responsible for her legal fees. It was previously reported that she wanted Dre to cover those costs. TMZ also alleged that their source stated that Nicole could have received a better deal a year ago and the divorce may have even been amicable but instead, things turned nasty.

Kevin Winter / Staff / Getty Images

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About The Author
Since 2019, Erika Marie has worked as a journalist for HotNewHipHop, covering music, film, television, art, fashion, politics, and all things regarding entertainment. With 20 years in the industry under her belt, Erika Marie moved from a writer on the graveyard shift at HNHH to becoming a Features Editor, highlighting long-form content and interviews with some of Hip Hop’s biggest stars. She has had the pleasure of sitting down with artists and personalities like DJ Jazzy Jeff, Salt ’N Pepa, Nick Cannon, Rah Digga, Rakim, Rapsody, Ari Lennox, Jacquees, Roxanne Shante, Yo-Yo, Sean Paul, Raven Symoné, Queen Naija, Ryan Destiny, DreamDoll, DaniLeigh, Sean Kingston, Reginae Carter, Jason Lee, Kamaiyah, Rome Flynn, Zonnique, Fantasia, and Just Blaze—just to name a few. In addition to one-on-one chats with influential public figures, Erika Marie also covers content connected to the culture. She’s attended and covered the BET Awards as well as private listening parties, the Rolling Loud festival, and other events that emphasize established and rising talents. Detroit-born and Long Beach (CA)-raised, Erika Marie has eclectic music taste that often helps direct the interests she focuses on here at HNHH. She finds it necessary to report on cultural conversations with respect and honor those on the mic and the hardworking teams that help get them there. Moreover, as an advocate for women, Erika Marie pays particular attention to the impact of femcees. She sits down with rising rappers for HNHH—like Big Jade, Kali, Rubi Rose, Armani Caesar, Amy Luciani, and Omerettà—to gain their perspectives on a fast-paced industry.

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