Categories: Celebs

Dr. Dre To Pay Nicole Young $100 Million In Divorce Settlement (Update)

<p data-pm-slice&equals;"0 0 &lbrack;&rsqb;">WHEW&excl; After the long divorce battle between Dr&period; Dre &amp&semi; his ex-wife <a href&equals;"https&colon;&sol;&sol;dev&period;theshaderoom&period;com&sol;dr-dre-ordered-to-pay-nearly-300k-in-monthly-spousal-support-payments-to-ex-wife-nicole-young&sol;">Nicole Young&comma;<&sol;a> both parties have reached an agreement&period; Nicole had her legal team working hard to make sure she secured the bag&comma; and it looks like all their hard work paid off&period; According to<a href&equals;"https&colon;&sol;&sol;www&period;tmz&period;com&sol;2021&sol;12&sol;28&sol;dr-dre-nicole-young-divorce-settlement-100-million-dollars-prenup&sol;"> TMZ<&sol;a>&comma; Nicole walked away from the 24-year marriage with &dollar;100 million due to their property settlement agreement&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>Although it&&num;8217&semi;s not exactly half&comma; &dollar;100 million is a lot of money&period; TMZ says Dre is &&num;8220&semi;delighted&&num;8221&semi; Nicole only gets a fraction of his estate&period; Reports state that Dre agreed to pay their agreement which will be split up in &dollar;50 million now and the rest a year later&period; Dre&&num;8217&semi;s estimated net worth is &dollar;820 million&period; Some of you may recall from our previous reports that Nicole and Dre had a prenup put in place&comma; hence why she didn&&num;8217&semi;t receive half&comma; even though she contested the agreement&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>Now that the settlement has been reached&comma; Dre gets to walk away from the divorce with the seven properties they owned&comma; including a Malibu home&comma; two homes in Calabasas&comma; and four properties in the Los Angeles area&period; The L&period;A&period; property includes the Brentwood estate&comma; worth &dollar;100 million&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>In addition&comma; Dre gets full rights to his master recordings&comma; trademarks&comma; and interests in various partnerships and trusts&period; The producer will also keep all of their Apple stocks&comma; which includes the proceeds from the sale of his company Beats by Dre&period; Nicole also gets to walk away with some items of her own including&comma; four vehicles they are dividing from a fleet of cars&period; Dre will receive six&period;<&sol;p>&NewLine;<p>Nicole will also keep her jewelry&comma; cash&comma; and bank accounts that she had maintained during the marriage&period; However&comma; she is responsible for paying her own legal fees&comma; which totals millions of dollars&period; Roomies&comma; do you think the settlement was fair&quest;<&sol;p>&NewLine;<p class&equals;"p1">Want updates directly in your text inbox&quest; Hit us up at 917-722-8057 or <a href&equals;"https&colon;&sol;&sol;my&period;community&period;com&sol;theshaderoom"><span class&equals;"s1"><b>click here to join&excl;<&sol;b><&sol;span><&sol;a><&sol;p>&NewLine; <div class&equals;"wpra-reactions-wrap wpra-plugin-container" style&equals;"justify-content&colon; 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