Dr. Dre and Nicole Young were married for 25 years. In California, a community property state. Their divorce began in 2020, and it was bonkers. Nicole asked for $2 million a month in spousal support, and her itemized monthly expenses made the rounds and made her look… not great. Dr. Dre is almost a billionaire though, so Nicole was basically asking to be kept in the same manner she lived during their marriage. Dr. Dre accused her of embezzlement and more, and then his lawyer Laura Wasser got him to begin quieter negotiations. Earlier this year, the court said that until they worked out a settlement, Dre would have to pay Nicole $300K a month. I thought that would be the situation for a few years, but no – they finally reached a settlement. And I think Nicole got screwed over.
Dr. Dre has settled his divorce case by striking a property settlement agreement with his ex-wife, and for Dre’s part, we’re told he’s “delighted” Nicole Young is only getting a fraction of his estate. Dre and Nicole just filed their property settlement agreement, in which Dre agreed to pay Young $100 million — $50 mil now, and $50 mil a year from now. Dre’s estimated net worth is $820 million. As for why Nicole didn’t get half … there’s a prenup which she contested.
In exchange, Dre gets 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. In addition, Dre gets full rights to his master recordings, trademarks and interests in various partnerships and trusts. He also keeps all of their Apple stocks, which includes the proceeds from the sale of Beats by Dre.
They divide a fleet of vehicles — he gets 6 and she gets 4. She gets to keep jewelry, cash and bank accounts that she had maintained during the marriage. Nicole must pay her own legal fees … which amount to millions of dollars.
Sources connected to Dre say Nicole could have actually gotten a bigger piece of the pie had she settled a year ago. One of those sources said, “She could have even been on the field for the Super Bowl halftime show as a friendly ex-wife.”
There are also some storage lockers filled with items from their various homes. Dre had put the items in storage, and according to the settlement she gets to keep all the stuff inside that was hers. The settlement forecloses Young’s ability to get spousal support … something that was hotly contested during the divorce.
They did have a prenup, which she contested and I actually thought she had a good case for getting the prenup thrown out. Especially after twenty-plus years of marriage in California. While $100 million isn’t anything to sniff at, I honestly thought she would get more. Maybe not half, but easily a quarter of his net worth, the bulk of which he made during their marriage. I wonder what the first, rejected deal looked like? Ugh.
Photos courtesy of Avalon Red.
Dre and wife need to pay more taxes. Why does a couple need 10 cars and 5 or more houses?
can’t speak to the houses, tho’ I would love more room (like a 1 bdrm + den would be ideal or a 2 bdrm) but re the vehicles? I’d LOVE to have a dog vehicle and a non-dog vehicle. I’d LOVE to have a non-dog work vehicle and a dog friendly work vehicle. I’d thoroughly enjoy even a modest sports car (drove an Acura for 18 months and it was a blast!..just not practical). I’d love to have an electric vehicle too.
I drive a 2001 Ford Escape that is a dog vehicle, a work vehicle and a grunt. First vehicle I’ve ever had that identified as male though, so there’s that!! (New license plate when I purchased the Escape presents as “LeRoy”). Every vehicle I’ve ever had was named. Back in the ’70’s my motorcycle was “Green Hornet”. So, I get having more than one vehicle. Would that I could!!
I get having houses in multiple areas, especially when you’re rich and famous. For example: a house in LA, a house in NY, a place in the Hamptons, a place in Florida and maybe a place in Malibu but I don’t get having 4 houses in one area. What’s the point?
Investment. They rent them out to other wealthy people in the area for a short time. Think Harry and Meghan and Tyler Perry’s extra mansion. Or an actor from NY needing a place to stay in LA while filming a movie.
They need to pay an entire cities taxes for those struggling. Wtf can you possibly do with all that money? He wouldn’t even know if most of the houses were missing and the profits sold to help others. Honestly I don’t have much but I share what I can. This is ridiculous. All over music. Try helping people in other ways too. That much money becomes redundant.
I thought in California after 10 years of marriage the pre-nup didn’t factor. I just wish he would meet his grandchildren and set them a trust even if he doesn’t get along with his adult children from previous relationships. Even with $100 millions she on the hook for legal fees and no alimony.
I just can’t wrap my brain around those numbers. I suppose for those who live w/ extreme wealth it’s their normal.
😂 And the worst in the story is all this Is “poor” People money compared to billionaire’s wealth.
The biggest divorce in u.k was settled weeks ago, with the jordanian princess wife of the ruler of Dubai being given 640 millions euros , when her requirements were thrice as much.
we’re talking about a woman used to be provided 100-150 millions as budget each year !
Both her children were given 10 millions as pocket money, and millions of financial help to her brother and the jordanian royal family.
She is now ruined, as half the money will be used for security from her dreadful husband, and she has lost her reputation, fumbled hers and her children ‘s bag and safety for 2 years fling with a bodyguard Who blackmailed for 7 millions pounds (she paid it with her daughter’ s money)
And she May not being paid as her ex husband is protected by his head of state Status
She’s not ruined. She has more money than a small country will need. She’ll adjust to just being a multi millionaire and survive. Curious if she did anything decent with the money. Do people really think they can take it with them. There’s a limit to what you can keep buying. At some point it’ll drive you crazy. It’s too much. Keeping it all is like a mental sickness.
TMZ is lying for toxic men as usual. Dre’ s estimated net worth is actually ” $458.2 million, with $182.7 million of that sum in cash, $6.3 million in stocks, and $269.2 million in property and assets…” this is according to court papers filed in November . Nicole got 1/5 th of his wealth. She also successfully got Wasser and King thrown off the case, and they’re paying her 50 000 so she doesn’t sue their asses. He had to get new lawyers in the middle of their divorce. I’d say she did pretty well, half would have been nice but this is fine. Rolling stone has the real story.
https://t.co/7nWtmf7sL4
I dont think anyone without talent or extra contribution should get 100 mil. They had children together, but its not like she forfaited her carrier for him.
If she gets 100 milla, then all the other baby mommas should get 100 milla. Or maybe 50 milla, as he had only 1 child with the others. On the other hand, the other women raised the kids alone
No way she deserves 100 mil, and suggesting she should get more? for what? its still ridiculous. How much she could earn if she didnt marry him?
Either all of his baby mommas get big money, or neither of them. What Nicole did so special?
Edit: if Jay Z and Beyonce would divorce, half-and-half is rightful. Both of them got talent and contributed to the wealth. Nicole deserves some money definitely, for keeping the house (on million per month) but not 100 mil or even half!
The difference is she was his spouse, and SAHM work is usually being ignored and devalued in divorces and Inheritances and wills.
you should read uneasy street on this subject, a u.s sociology study of some rich families and their points of vues on money, education, how they see themselves and the world and society.
In this book, the author interviews couples. And being the main or only money provider is raised a way of controlling wifes , Who usually gave up careers, as a lot of them have big university degrees.
Being SAHM doesn’t mean doing nothing.
They have to supervize all the housework with several houses, social networking, chıld education, etc.
And as every free work reserved for women, it has no recognition by the husband, Who is the main one to profit from it for his lucrative professional well paid and prestigious job.
Nem, I agree that SAHM get the shaft when it comes to divorce settlements. There was a calculation done, years ago, about how much a SAHM would make per year based on all of the different skills that each type of care/maintain of a child, in a professional setting. SAHM’s would be paid 5-6 figures a year, without the other required work in regards to supporting your spouse, then it’s easily 6-7 figures. The engagements, galas, and other public duties are staggering, especially a man in his type of industry. I don’t think it’s wise for SAHM to walk away from their profession as it places then under the thumb of the working spouse. What she did beforehand, I have no idea, but they were married for a great number of years.
I don’t understand why she would have had a better settlement had she settled earlier, though I didn’t pay attention to their divorce. Either way, he’s a douchebag, and will remain so until the end of his life.
Would be nice if she made a great donation to actual struggling single mothers without any help who don’t even have 100 a week or ability to pay their children’s education stuck in a hole.
Pandora – because she was married to him when he made his fortune. Those are the legal guidelines – it’s not because she is, as you put it, a “baby mama.” Whether you agree with community property state laws or not is a moot point.
So how would this compare to the Kelly Clarkson settlement?
My opinion is that every adult should be held accountable to a mutually agreed upon contract. Especially a contract between two individuals.
All the millions spent in court and the bad press only to end up with what was probably in the prenup in the first place. On top of that, she has to pay her own legal bills which will be millions and he gets to split the payments into two. At best this is a pyrrhic victory for both sides. At least they can concentrate on their lives now
Dre has a history of abuse and assault against women so I’m not sure that 100 mil is enough to deal with the emotional trauma of having lived with that man.
Hopefully she employs a trustworthy and expert financial planner and lives a long comfortable and happy life without that horrible man.
I hate that his company is called Beats and he routinely gets a pass from msm for his abuse. I just think he’s having fun hiding in plain sight… Though I hope this takes some air out of that balloon…
What’s their daughter’s name? Ennui?
Who’s the person with the purple hair? Is that their daughter?