Famous American music producer and businessman, Andre Young, also known as Dr Dre has settled his divorce case by entering a property settlement agreement with his ex-wife, Nicole Young.
Dr Dre and his ex-wife recently filed their property settlement agreement, where Dre agreed to pay $100 million – $50 million now and $50 million a year from now to Young.
Under this deal, Dre will keep seven of the properties they own. These include a home in Malibu, two homes in Calabasas, and four homes in the L.A. area, including the $100 million Brentwood estate.
Also, he has the full rights to his master recordings, trademarks and interests in many partnerships and trusts.
Furthermore, the rapper and music executive will keep all of their Apple stocks, including the proceeds from the sale of Beats by Dre.
Young filed for divorce from Dre in 2020. She cited irreconcilable differences as the reason for the divorce.
