Dre has settled his divorce case by striking a property settlement agreement with his ex-wife, and for Dre's part, we're told he's "delighted" Nicole Young is only getting a fraction of his estate.
The property settlement agreement filed by Dre and Nicole states that Dre will pay Young $100 million now and $50 million a year from now. Dre has an estimated net worth of $820 million.
There's a prenup that she fought and she didn't get half.
In exchange, 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.
Dre has full rights to his master recordings, trademarks and interests in various partnerships and trusts. The proceeds from the sale of Beats by Dre are kept by him.
It was.
He gets 6 and she gets 4 in a fleet of vehicles.
She gets to keep her bank accounts and jewelry that she kept during the marriage.
Nicole will have to pay millions of dollars in legal fees.
Sources connected to Dre say that Nicole could have gotten a bigger piece of the pie if she had settled a year ago. She could have been on the field for the Super Bowl halftime show as a friendly ex-wife according to one of those sources.
There are some lockers filled with items from their homes. According to the settlement, she gets to keep all the stuff that was hers after Dre put the items in storage.
Young's ability to get alimony was a point of contention during the divorce.
Laura Wasser, Dre's lawyer, said that Dre and Young are already divorced, and that it would be filed to end their marriage.
