Hip-hop mogul, Dr Dre and his ex-wife Nicole Young have struck a deal over his vast estate.
According to TMZ, Dre has agreed to pay $100M to Nicole – $50M now and the balance in a year.
Although, his wife was supposed to get half of his properties, they signed a prenup contract.
In exchange for this deal, Dre got 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.
He also got the full rights to his master recordings, trademarks and interests in various partnerships and trusts.
The billionaire rapper and music executive also got to keep all of their Apple stocks, which includes the proceeds from the sale of Beats by Dre.
While Nicole got jewelry, cash and bank accounts that she had maintained during the marriage.
After the settlement, Young would no longer get any spousal support after she contested for it heavily during divorce.
She and Dr. Dre divorced since 2020. Young cited irreconcilable differences as the reason for her split from the hip-hop mogul.
They got married in 1996 and gave birth to two children, Triuce and Truly.