Dr. Dre has reached a divorce settlement with ex-wife Nicole Young.
The rapper/producer has agreed to pay her $100 million.
Dre, whose estimated net worth is $820 million, will pay Young $50 million now and another $50 mil in a year. Sources told TMZ that the super producer and rapper is “delighted” over the agreement.
He also gets full rights to his master recordings, trademarks, and more. He will also retain all of their Apple stocks, including the proceeds of his Beats by Dre sale.
In addition to the payout, Young will get jewelry, cash, her bank accounts, and any property currently in storage.