Its being reported that Apple is in negotiations to buy Beats, - TopicsExpress

Its being reported that Apple is in negotiations to buy Beats, owned by Jimmy Iovine and Dr. Dre, for $3.2 billion. Given Dr. Dre’s recently estimated net worth of $550 million, it is quite possible sale of his equity stake in Beats could make him Hip-Hop’s first billionaire. Until recently, it was all but given that Jay Z or Diddy would be the first Hip-Hop mogul to cross the threshold, but, once again, it looks like they Forgot About Dre…

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