Sorry Dr. Dre, the Real Beats Billionaire Is Iovine

Sorry Dr. Dre, the Real Beats Billionaire Is Iovine Play

May 12 (Bloomberg) -- When news spread last week that Apple was near an acquisition of Beats Electronics for $3.2 billion, Beats co-founder Dr. Dre appeared in a video boasting of becoming the “first billionaire in hip hop.” Bloomberg's Peter Newcomb examined whether or not that would be true. (Source: Bloomberg)

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