Dr Dre may be smiling today as his long-awaited divorce battle has finally come to an end.
According to reports, the legendary producer and his former wife Nichole of over 24 years have reached an agreement in their legal separation. Nicole will receive $50 million now and an additional $50 million in a year, amounting to a $100 million payout altogether.
While Dr. Dre’s net worth is estimated to be around $820 million, Young was only awarded $100 million because of a prenup, which she contested throughout the divorce proceedings.
He’ll be keeping the seven properties they owned in his name which includes the $100 million Brentwood estate.
When it comes to Dr. Dre and Nicole’s vehicles, they’ve split their fleet of cars with Dre getting six and Nicole receiving four. The types of cars weren’t specified.
The settlement bars Nicole Young from receiving spousal support going forward. He was previously paying her $350,000 per month in temporary support throughout the divorce.