Divorce: Dr Dre to pay $100m in settlement
Divorce: Dr Dre to pay $100m in settlement
American business mogul and music producer, Andre Young, known as Dr. Dre, has settled his divorce case with his estranged wife, Nicole Young.Information Guide Nigeria
According to PUNCH, both parties have agreed to a property settlement agreement worth 100 million dollars.
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Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaRecall that Nicole Young filed for divorce from the millionaire rapper, Andre Young in 2020 claiming that they had irreconcilable differences.
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PUNCH reports that Dr. Dre will pay in installments of $50 million –$50 million now and another a year from now.
He will also keep seven of the properties, including a Malibu home, two homes in Calabasas, and four properties in the L.A. area, including his $100 million Brentwood estate, their Apple stocks, which includes the proceeds from the sale of Beats by Dre.
According to PUNCH, he will also be in charge of his master recordings, trademarks, and interests in various partnerships and trusts.Jamb Result
On the other hand, Nicole Young will keep all the jewelry, cash, and bank accounts that she had maintained while they were still married.
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