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Beats by Dre officially sold for 3 billion

It was officially announced today that Beats by Dre was sold for 3 billion. This makes Dr. Dre the richest man in hip hop by far. He will reportedly be worth between 700 million and 800 million, easily making him the winner of the first billionaire or at least the closest for now. This will also put Jimmy Iovine in the 900 million club.

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