HomeLocal NewsDr. Dre to pay Nicole Young millions in divorce settlement

Dr. Dre to pay Nicole Young millions in divorce settlement

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After months of proceedings, Dr. Dre has agreed to pay his ex-wife Nicole Young $100 million as part of a divorce settlement that was reached between the two parties, TMZ reports.

The terms of the deal will reportedly require Nicole to pay her own legal fees, which the publication points out could cost her millions.

The famed producer and rapper will pay his ex-wife $50 million now and the remaining $50 million next year. Also part of the settlement, Dre will get to keep seven properties, including the Malibu home that Nicole is reported to be living at.

One of Hollywood’s messiest divorces also will mark one of the industry’s most costly. Dre will also hold on to his Apple stocks, six vehicles, the rights to his master recordings, and trademarks that he owns.

On the flip side, Nicole will get four vehicles, her jewelry, as well as any cash and money she has in her bank accounts. The vehicles that Nicole will keep include a Rolls Royce, a Range Rover, an Escalade limousine, and a Spyder motorcycle. (RS)

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