WORLDWRAPFEDERATION.COM

IN THE STREETS & ON THE WEB

Dr. Dre Pays Nicole Young 100M In Divorce Settlement

Dre and Nicole just filed their property settlement agreement, in which Dre agreed to pay Young $100 million $50 mil now, and $50 mil a year from now. Dre's estimated net worth is $820 million. Nicole didn't get half there's a prenup which she contested. Dre gets to keep 7 of the properties they own, including a Malibu home, 2 homes in Calabasas, and 4 properties in the L.A. area, including the $100 million Brentwood estate. Dre gets full rights to his master recordings, trademarks and interests in various partnerships and trusts. He also keeps all of their Apple stocks, which includes the proceeds from the sale of Beats by Dre. The divide a fleet of vehicles he gets 6 and she gets 4. She gets to keep jewelry, cash and bank accounts that she had maintained during the marriage. Nicole must pay her own legal fees which amount to millions of dollars. Dre say Nicole could have actually gotten a bigger piece of the pie had she settled a year ago. One of those sources said, "She could have even been on the field for the Super Bowl halftime show as a friendly ex-wife. There are also some storage lockers filled with items from their various homes. Dre had put the items in storage, and according to the settlement she gets to keep all the stuff inside that was hers. The settlement forecloses Young's ability to get spousal support something that was hotly contested during the divorce.

SOURCE






Views: 103

Comment

You need to be a member of WORLDWRAPFEDERATION.COM to add comments!

Join WORLDWRAPFEDERATION.COM

Listen to Scurry Life Radio For Artist Placement On The Site Contact: R5420records@yahoo.com

© 2024   Created by WORLD WRAP FEDERATION.   Powered by

Badges  |  Report an Issue  |  Terms of Service

Subscribe