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No wonder he is so rich! True cost of Dre Beats headphones revealed

Dr. Dre Tops Forbes' Hip Hop Cash Kings For 2014. Jay Z, Diddy, Drake, Macklemore Round Out Top 5 (Full List Inside/Video)

  • Headphone designers estimate cost of making fancy headset could be $14
  • Cheapest Beats headphones cost $200 and price goes as high as $700 
  • Jimmy Iovine and Dr Dre created $3.2billion company in the mid-2000s
  • It was sold to Apple in May of 2014 and they are now company employees 
  • Deal included $2.6billion in cash and approximately $400million in stock 

According to estimates from some headphone experts, it might cost more to get your haircut than it does to make a pair of Dre Beats headphones. 

The company was sold to Apple in May of 2014 during a record-setting deal that included about $2.6billion in cash and approximately $400million in stock.

Company founders Dr Dre - aka Andre Young - and Jimmy Iovine are now Apple employees.

Some experts have estimated that it costs at little as $14 to make a pair of Beats by Dre headphones (pictured) 

Some experts have estimated that it costs at little as $14 to make a pair of Beats by Dre headphones (pictured) 

The least expensive pair of Beats by Dre headphones listed on the company's website costs $199.99

The least expensive pair of Beats by Dre headphones listed on the company's website costs $199.99

The company grew to become worth $3.2billion after celebrates like Lil Wayne began repping the Beats brand

The company grew to become worth $3.2billion after celebrates like Lil Wayne began repping the Beats brand

Lil Wayne has helped 'Beats by Dre' become worth $3.2billion

Headphone designers estimate 'the cost of making a fancy headset is as low as $14', the New York Times reported. 

The least expensive pair of Beats headphones that is listed on the company's website costs $199.99 and the most expensive pair retails for $699.99.

Dre and Iovine created the company in the mid-2000s. 

Beats grew to become worth $3.2billion after cornering 57 per cent of the market for 'premium' headphones, CNN reported. 

Overall, the company controlled 27 per cent of the $1.8billion headphone market in 2014.  

During an audio test of 18 of the top-selling headphone brands, TIME Magazine ranked Beats as the second-to-worst entry in terms of sound quality


Apple Acquire Beats For 3Billion, Dr. Dre & Jimmy Iovine Joins Apple Team+This could shake up the music biz

Forbes has rolled out it's list of Hip Hop's Cash Kings for 2014.

It should come as no surprise that Dr. Dre sits atop the list after Apple purchased Beats By Dre for $3 billion earlier this year. Jay Z and Diddy tied for No. 2 ($60 million)Drake and Macklemore break into the top 5 this year at No's 4 and 5 with earnings of $33 million and $32 million respectively.

Other notable names in the top 20 include 50 Cent, J. Cole, Kanye West, Birdman, Eminem, Lil Wayne, Nicki Minaj, Tech N9ne, Wiz Khalifa, Ludacris, Kendrick Lamarand Snoop Dogg. Check out the entire list below.

Forbes 2014 Hip Hop Cash Kings:

1. Dr. Dre: $620 million
2. Jay Z: $60 million
2. Diddy: $60 million
4. Drake: $33 million
5. Macklemore & Ryan Lewis: $32 million
6. Kanye West: $30 million
7. Birdman: $24 million
8. Lil Wayne: $23 million
9. Pharrell: $22 million
10. Eminem: $18 million
11. Nicki Minaj: $14 million
12. Wiz khalifa: $13 million
13. Pitbull: $12 million
14. Snoop Dogg: $10 million
15. Kendrick Lamar: $9 million
16. Ludacris: $8 million
16. Tech N9ne: $8 million
16. Swizz Beatz: $8 million
16. 50 Cent: $8 million
20. Rick Ross: $7 million
20. J. Cole: $7 million
20. DJ Khaled: $7 million
20. Lil Jon: $7 million
20. Mac Miller: $7 million


Apple Set To Buy Beats By Dre For 3.2Billion. Dre Celebrates With Tyrese "The First Billionaire In Hip Hop" Apple’s acquisition of Beats could shake up music biz

When Forbes rolls out it's next list of hip hop's wealthiest moguls, Dr. Dre's name will be at the top of it. Apple is reportedly set to acquire Beats Electronics for $3.2 billion. Forbes estimates the deal will push Dre's net worth to $800 million.

"The first billionaire in hip hop right here from the mother*cking West Coast, believe it,"Dre said in a new video.

The biggest asset of Beats would be the company’s streaming music service, which offers a much more thorough—and successful—social experience than iTunes," writes Gay Allen in Forbes. It’s advertised as ‘The right music for right now,’ using a very simple interface crafted especially for the mobile experience. Using the Beats iOS app, the user simply creates a ‘sentence’ explaining where they are, what they’re feeling and who they’re with. Beats then creates a playlist of the appropriate music. There are also additional paths to finding music, including by genre, artist playlist and curator. Once your music is playing, there are additional options to follow artists and explore their work, share playlists and comment on music….There’s no streaming music service so close to the ‘the scene’ than Beats. Incorporating the Beats technology into iTunes could generate a entirely new list of subscribers for the service, which now has over 800 million accounts.

The deal has not officially gone through yet, but it could be finalized by next week. Congrats to Dr. Dre for a job well done.

Dr. Dre celebrates Apple deal with Tyrese

Apple Reportedly Plans to Acquire Beats for $3.2 Billion



Back in 2007, Sean “Diddy” Combs teamed with Jay Z and 50 Cent to create a song titled “I Get Money: Forbes 1-2-3 Billion Dollar Remix.” Less than a decade later, rappers are closing in on ten-figure fortunes, and he’s the nearest of the bunch.
Diddy leads the pack with an estimated fortune of $700 million, an increase of $120 million over his net worth last year. The change comes largely from the addition of Revolt TV—the new, music-focused, multi-platform channel of which he’s the majority owner—to his already-hefty portfolio.
“Right now my focus is Revolt and making it the number one, most-trusted, most credible worldwide brand for music,” he told FORBES in a recent interview. “And to get Revolt to be the quintessential definition of real time. I think that’s the future.”

Dr. Dre Leads Forbes’ 2012 Hip-Hop Cash Kings List. See The Top 5.

Diddy has plenty of competition in the race to $1 billion. His top challengers are Dr. Dre, who ranks second with $550 million, and Jay Z, in third place with an estimated $520 million. The former leapfrogged the latter on this year’s Forbes Five thanks to a large stake in Beats By Dr. Dre, which he cofounded with Interscope chief Jimmy Iovine in 2008.
The company controls an astounding two-thirds of the premium headphone market, with annual sales reportedly in excess of $1 billion and growing. Private equity firm Carlyle invested $500 million for a minority stake last year, pushing Beats’ value past $1 billion and likely closer to $2 billion.
“Beats has a unique brand—it speaks to a nice young demographic, which is really interesting to marketers,” says Peter Csathy, former president of Musicmatch, an early digital music purveyor acquired by Yahoo YHOO +5.52% in 2004 for $160 million. “When I think about Beats, I think about it as a lifestyle, I think of it as a media company, not just a hardware and music-focused company.”

Jay Z’s fortune continues to grow at a healthy clip, too. He’s made multiple nine-figure deals in the past, including his $204 million Rocawear sale in 2007 and his $150 million pact with Live Nation in 2008. But much of his recent growth comes from Roc Nation, his record label and management firm that recently added a sports agency. The outfit gets a single-digit cut of pacts like Robinson Cano’s $240 million monster agreement.
(For more on Mr. Carter’s rise as a businessman, check out Empire State of Mind: How Jay-Z Went From Street Corner To Corner Office).
Next up: Bryan “Birdman” Williams, whose net worth would be over $300 million if he didn’t share his fortune with brother Ronald “Slim” Williams. The duo cofounded Cash Money Records two decades ago; Cash Money continues to grow with a roster that includes Drake, Nicki Minaj and Lil Wayne. Birdman has also diversified with Cash Money Content, GT Vodka and the YMCMB clothing line.
Rounding out the list is 50 Cent, who owes most of his fortune to his $100 million haul from the sale of Vitaminwater in 2007. Now he’s trying to repeat the feat with companies like SMS Audio and SK Energy beverages. In the meantime, he’ll reboot his music career by taking his G-Unit Records independent and releasing new album Animal Ambition in June.
“It was getting pretty difficult to launch music that everyone was paying attention to at the same time,” says 50 Cent of his final days at Interscope, the label that launched him to superstardom. “The company itself was going through so many changes that I didn’t really know the people involved in the projects anymore.”
In order to complete our Forbes Five list, we follow the same procedures we follow while calculating our list of the world’s billionaires: looking at past earnings, valuing current holdings, leafing through financial documents and talking to analysts, attorneys, managers, other industry players and even some of the moguls themselves—like Diddy, who already has his eye on the next generation.
“My advice to future entrepreneurs is to always know reality, to know what you’re getting yourself into, to know how hard it’s going to be, how competitive it’s going to be,” he says. “We’re in a time where the people that really work hard—and really believe in themselves, and really don’t give up on their dreams, no matter how many times they fall down—are the ones that are going to be successful.”

5. 50 Cent - $140 Million

4. Birdman - $160 million

3. Jay Z - $520 million

2. Dr. Dre - $550 million

1. Puff Daddy - $700 million



1.Diddy---------$580 million
2.Jay-Z---------$475 million
3.Dr. Dre-------$350 million
4.Birdman-----$150 million
5.50 Cent------$125 million

Inside the Forbes Five:Hip-Hop's Wealthiest Artists 2013

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Comment by Roots aka TJ What De Ras on March 21, 2015 at 6:18pm
Do you guys remember FUBU. the owner sold the company to the white man and now there's no more FUBU. I just wish Dre kept the business and hand it down to the next generation in his family.
Comment by Pearl Green on March 21, 2015 at 3:47pm

The cost to make and how much his headphones sell for is called, the nature of business.   No one reveal the price it cost to manufacture products by crackers!!!!  How much, or should I say little it cost to produce Prada, or Gucci, or any other name brand for that matter?   Buy a polo shirt from the local store $10 bucks, simply put a logo of a name brand on it; e.g., Burberry, $250.   So why the f-c* down a Black man when he do the same thing, oh, you would rather give your money to your open enemy, I understand...   YOU ARE BUYING A BRAND, B****!.....

Comment by mr1stroke on March 20, 2015 at 2:02pm

Anthony Phoenix why do people have to work hard and do for the black community, why is it like that, seriously, do you do for the community when you get your pay check, people will do for any one if they feel like it but it is not a must or something owed

Comment by mr1stroke on March 20, 2015 at 1:59pm

Tall Island Girl thats the problem with dumb biggers once you do something they expect it for free, but will not support you, he rather spend 10 times from a white men instead from you and i thats why i dont tell niggers about my business i used a white person for everything i want to sell im good with all that n***** nonsense they can sure complaint but wont do better as long you are not struggling with them they have a problem, they get me sick f*** them all let Dre and all others get money, if they have a problem boycott apple and samsung, but wait that will not happen every n***** in the hood has a galaxy  a  tablet or ipad that does the same thing lol damn fools, they havent see nothing yet now the NY transit is raising their fair while the people still get the same salary,there will be more broke people, more crimes, less opportunities, well some of you should of made a move for a better life when you could, unless you have a career that is solid close to 100k or more a year or you live at home with multiple people, believe me 4 jobs will not help you, oh well im sure you will be fine, since i have been on here i have being advising folks to move out, invest their money, buy some where else they just dont get it, wait they gon raise sales tax too, if they raise the minimum wage in NY it will not make a different they will raise everything else, now complaint about that

Comment by Conrad Ras Tafari on March 20, 2015 at 9:03am
Nothing that I know of but that doesn't mean he ain't doing something. We gotta stop thinking like that though, every time a brother starts making money we start asking what he is doing for the community. What was Steve Jobs doing for the community do you know? And another thing Mr. Phoenix, remember it's always good business practice to be charitable when you making money so as to avoid the long am off the tax man, therefore a lot of these doers for our community ain't necessarily doing cause they like to, it is just better business practice. I am inclined to think Dre is getting the same advice.
Comment by Anthony Phoenix on March 20, 2015 at 8:18am

Although I respect him for making this money, I still need to question what has he
(Dr. Dre ) done for the black community?

Comment by Conrad Ras Tafari on March 19, 2015 at 9:18pm
I care about Dre he is an inspiration that is a true rags to riches story bro. Who you making rich? I know you making somebody rich so count yourself in with all of us. We all buying some crap that ain't worth the money. Question is can we stop? Cause we know where we wasting our money over and over again. But can you stop?
Comment by Mr. Johnson on March 19, 2015 at 8:36pm
Who cares about Dr. Gay? Fools keep making him rich. Black Power.
Comment by vaughn mitchell on March 19, 2015 at 6:58pm

ahh suckers, I do not own one, neither do I own sneakers over a hundred dollars,

Comment by mr1stroke on March 19, 2015 at 5:03pm

ok whats wrong with that idiots buy it and will buy it anyway, you idiots stand in line for the latest apple phone do you know how much it cost to make in the factory in China may be try $3 a phone and how much do apple sale it to you, well you find out and after that understand it is only business, wit so many idiots in the world if you make it they will come, if you keep telling them to buy it they will, its up to you to start your own business and offer it to the general public each day you wake up work and pay bills, trying to keep up with the rich it is your choice if you die poor, better you than me, i will not pay for anything that will not benefits me in anyway there must be something in it for me

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