Friday, September 7, 2012

Dr Dre becomes hip hop's top money maker

Six years ago Dr. Dre was walking along the beach with Interscope Records chief Jimmy Iovine, pondering whether or not he should launch his own shoe line. "[Forget] sneakers," said Iovine. "Let's sell speakers!" It might have been the best piece of advice the rapper-producer ever received. In 2008 he teamed with Iovine and a handful of other partners to launch Beats By Dr. Dre, which now sells more than half of the country's premium headphones ($100 and up). That's music to the ears of Dr. Dre, who collected $100 million pretax when handset maker HTC paid $300 million for a 51% stake in the company last year...

the top 20 Cash Kings and Queen (Nicki Minaj) of 2012.

1. Dr. Dre: $110 million
2. Diddy: $45 million
3. Jay-Z: $38 million
4. Kanye West: $35 milliom
5. Lil Wayne: $27 million
6 Drake: $20.5 milliom
7. Birdman: $20 million
8. Nicki Mianj: $15.5 million
9. Eminem: $15 million
10. Ludacris: $12 million
11. Pitbull: $9.5 million
12. Rick Ross: $9 million (tie)
13. Wiz Khalifa: $9 million (tie)
14. Snoop Dogg: $8 million
15. 50 Cent: $7.5 million
16. Swizz Beatz: $7 million (tie)
17. Pharrell: $7 million (tie)
18. Young Jeezy: $7 million (tie)
19. Mac Miller: $6.5 million (tie)
20. Akon: $6 million

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