Dr. Dre’s ex-wife Nicole Young gets around $100 million in the divorce settlement.
The process of the divorce settlement between Dr. Dre and Nicole Young is finally done. According to TMZ, the legendary producer and Nicole Young has filed their property settlement agreement, in which “Forgot About Dre” rapper has agreed to pay his ex-wife a whopping $100 million. The 56-year old whose estimated net worth is around $820 million, will give Nicole $50 million now, and another half of their agreement at the end of next year. The rapper had been paying her $350,000 per month as temporary spousal support.
According to the agreement, Andre Young will keep 7 of the properties the couple owned, which includes a mansion in Malibu, 2 houses in Calabasas, and the other 4 homes in LA, which also includes the $100 million Brentwood property. The couple owned 10 luxury vehicles, from which Dre gets 6, and Nicole gets 4. Nicole Young also gets to keep her jewellery, cash and bank accounts that she had over the 24 years of their marriage.
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According to Rolling Stone, Young must also vacate the former couple’s Malibu beach mansion by the end of December. Her Rolls Royce, Range Rover, Escalade limousine, and Spyder motorbike, as well as her jewels, will remain in her own.
Dr. Dre, who recently dropped new music through GTA Online game, will have full rights to his master recordings, trademarks and interests in various partnerships and trusts, apple stocks, and Beats by Dre sale proceeds. Dr. Dre also won’t have to pay the legal fees for Nicole Young’s attorney.
Young said that the torture left her with post-traumatic stress syndrome. “At no point did I ever mistreat Nicole or endanger her bodily safety,” Dr. Dre told the court, denying the allegations.
Dr. Dre recently celebrated his divorce with “Divorced AF” balloons, and also called Nicole Young a “Gold Digger” in his latest collaboration with Eminem.
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