Dr Dre to pay to ex-wife Nicole Young N57B in divorce settlement

Nicole gets to keep four of their ten cars.

Dr Dre and wife, Nicole Young [NetworkWiki]

American rapper 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 (N57B) to Nicole - $50M now and the balance in a year.

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.

Nicole filed for divorce from the millionaire rapper back in 2020. She cited irreconcilable differences as the reason for her split from the hip-hop mogul.

Since their split, they have been at loggerheads of finances and prenup.

In July, a court ordered the millionaire to pay his ex-wife, Young $300,000 (N151M) in spousal support monthly.

According to Radar, the superior court judge's decision was only temporary until a final decision is reached.

The couple got married in 1996 and are blessed with two adult children, Triuce and Truly.

Young was formerly married to NBA player, Sedale Threatt, and is a trained lawyer.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Resuscitating the greatness of the AMVCA: A 5 point agenda [Pulse Contributor's Opinion]

Resuscitating the greatness of the AMVCA: A 5 point agenda [Pulse Contributor's Opinion]

Lil Kesh recruits Joeboy for new tantalizing single, 'Vanilla Bottega'

Lil Kesh recruits Joeboy for new tantalizing single, 'Vanilla Bottega'

‘Glamour Girls’ lands official release date

‘Glamour Girls’ lands official release date

5 films you should have seen as a die-hard Nollywood fan

5 films you should have seen as a die-hard Nollywood fan

emPawa Africa partnered artist - Nezsa releases new single called 'Trouble'

emPawa Africa partnered artist - Nezsa releases new single called 'Trouble'

Blossom Chukwujekwu marries new wife 3 years after 1st marriage crashed

Blossom Chukwujekwu marries new wife 3 years after 1st marriage crashed

BBNaija: Everything you need to know about auditioning for season 7

BBNaija: Everything you need to know about auditioning for season 7

Uche Odoputa says father had spent 3 weeks with kidnappers, appeals for prayers

Uche Odoputa says father had spent 3 weeks with kidnappers, appeals for prayers

JJC Skillz's baby mama continues to drag him, says son took up smoking habit from him

JJC Skillz's baby mama continues to drag him, says son took up smoking habit from him