Dr. Dre Gives Waitress $5,000 Tip

Dr. Dre reportedly tipped a lucky waitress $5,000 at the Skybar in West Hollywood's Mondrian Hotel while hanging out on June 12. According to RadarOnline, he was flanked by security when he left the bar around 2 am. One eyewitness said the music mogul was happy to take photos with fans and also chatted with the deejay, Sanni Val Fleury from Immigre.

Jimmy Iovine Leaves Interscope Records

John Janick to succeed Jimmy Iovine as Chairman, CEO of Interscope Records.

Right as Apple confirmed the official purchase of Beats By Dre on Wednesday, Interscope's Jimmy Iovine announced that he would be stepping down from the label. Iovine has served as Chairman and CEO of Interscope for the past 25 years, and will leave his duties behind to 36 year old John Janick.

Apple Brings Dr. Dre On Board With Official $3 Billion Beats Deal

After weeks of rumor, Apple finally announced it has acquired headphone maker Beats Electronic for $3 billion, including $2.6 billion cash up front and approximately $400 million in stock that will vest over time. As part of the deal, Beats co-founders Dr. Dre and Jimmy Iovine will join Apple AAPL -0.26% in undisclosed roles.

Video: Dr. Dre's Son -- My Billionaire Dad's Not Sharing ... And I'm Cool With It

Dr. Dre's son is celebrating dad's multi-billion dollar Apple deal -- but adds he hasn't seem a DIME of Dre's fortune, doesn't expect to even now ... and he's not the least bit bitter.

Video: Dre & Tyrese Announce Apple Buying Beats For $3.2 Billion!

Dr. Dre Selling Beats for $3.2 BILLION

Via TMZ:

Dr. Dre could be days away from being the first rapper turned BILLIONAIRE ... thanks to a mega-deal for Apple to snatch up his Beats Electronics brand.

Apple will reportedly buy Beats for a whopping $3.2 BILLION -- and since Dre and Interscope honcho Jimmy Iovine created the brand ... it's a safe bet they will walk away with a huge chunk of that cash.

Photos: Dr. Dre Buying Tom Brady's $50m Mansion

In late 2013 Tom Brady and wife Gisele finished construction on their $40 Million mansion in the Brentwood Country Estates in LA. Less than 6 months later, the celebrity couple is selling the immaculate mansion almost at cost to superstar producer Dr. Dre.

The Forbes Five: Hip-Hop's Wealthiest Artists

                                 

1. Sean "Diddy" Combs ($580 million)

The artist formerly known as Puff Daddy ranks No. 1 on this year’s Forbes Five list of hip-hop’s wealthiest artists with an estimated net worth of $580 million.