Dr Dre and Ex-Wife Nicole Young Finalize $ 100 Million Divorce Settlement Amid Acrimonious Separation | Ents & Arts News
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Rapper and producer Dr Dre – who is worth $ 820million – finalized his divorce from Nicole Young with a settlement of $ 100million (£ 74million).
The artist, real name Andre Romelle Young, has been married to Nicole Young for almost 24 years and the two have two grown children, Truice, 24, and Truly, 20.
Under the terms of the settlement, which took 18 months to complete, Ms Young will get $ 50million (£ 37million) immediately and the other $ 50million in one year, sources told NBC News.
Mrs. Young leaves the marriage with all of her jewelry as well as four vehicles: a Rolls Royce, a Range Rover, an Escalade limousine and a Spyder motorcycle.
Ms. Young, 51, must leave her home in Malibu, California, by the end of the month and must pay its own legal fees – which would run into millions of dollars – under the agreement.
Dre, 56, who is worth the equivalent of £ 620million at current prices, will keep most of his fortune, including his main recordings, brands and interests in various partnerships and trusts, the sources say.
It will also keep all its Apple shares, which includes the proceeds from its sale of Beats, which Apple bought in 2014 for $ 3 billion.
The musician will keep six vehicles and seven of the couple’s properties, including the Malibu home, two homes in Calabasas in the hills northwest of Los Angeles, and four other properties in the Los Angeles area, including a $ 100 million estate in Brentwood, west of Beverly Hills, the sources said.
Rolling Stone magazine reported that Dre was apparently “thrilled” that his ex-wife was only getting a fifth of his cash and that she would have received more if she had moved in earlier.
Ms Young entered into a prenuptial agreement when the couple married in 1996, which she later challenged, saying it was signed under duress.
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Dre’s ex-wife initially filed for divorce in 2020, claiming she was abused and suffered from “post-traumatic stress disorder”
Ms. Young said in court documents that Dre “pointed a gun at my head” twice and “hit me in the head / face” in 1999 and 2000.
Dre vehemently denied the allegations.
The rapper, who made a name for himself with NWA before a lucrative career as a solo artist and producer for a range of hip hop stars such as Eminem, 2Pac and Snoop dogg, originally reportedly divorced in early December, when he was seen in a photo under balloons that read “DIVORCED AF”.
At the time, it was understood that the divorce settlement had not been signed.
Nicole Young is said to be a lawyer by profession and has previously been married.
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