Dr. Dre will pay his ex-wife Nicole Young $100 million after the couple finalized a divorce settlement Tuesday.
The 56-year-old rapper will be coughing up just over 10% of his fortune and roughly half of his liquid assets as part of the finalized terms of their split, sources revealed to Rolling Stone.
Young walks away from their 24-year marriage with a Rolls Royce, Range Rover, Escalade limousine, and Spyder motorcycle as well as all of her jewelry. She will, however, be required to move out of their Malibu beach house by the end of the month.
According to TMZ, Dre, whose estimated net worth is $820 million, has agreed to pay the $100 million in two installments — $50 million now and $50 million in a year from now. Dre will keep seven of the properties they own and also gets full rights to his master recordings, trademarks, and interests in various partnerships and trusts as well as all of their Apple stocks, the outlet noted.
Young was reportedly seeking half of Dre's assets, the Daily Mail reported, but her attempts were impeded by a 1996 prenuptial agreement that the former couple had signed. Young filed for divorce in June 2020 and later claimed Dre forced her to sign the prenup, TMZ previously reported.
"I was extremely reluctant, resistant and afraid to sign the agreement and felt backed into a corner," she stated in documents filed in court in August 2020. "Given the extraordinary pressure and intimidation by Andre, I was left with no option but to hire a lawyer (of course, with the help of Andre’s team of professionals) and unwillingly signed the agreement very shortly before our marriage."
Young further claimed Dre expressed shame in pressuring her to sign the prenup and tore the documents up.
"Andre acknowledged to me that he felt ashamed he had pressured me into signing a premarital agreement and he tore up multiple copies of the agreement in front of me," she said in the documents. "Since the day he tore up the agreements, we both understood that there was no premarital agreement and that it was null and void."
Dre denied the allegations.
Zoe Papadakis ✉
Zoe Papadakis is a Newsmax writer based in South Africa with two decades of experience specializing in media and entertainment. She has been in the news industry as a reporter, writer and editor for newspapers, magazine and websites.
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