Andre “Dr. Dre” Young and Nicole Young have settled their divorce.
The producer, 56, has agreed to pay his ex-wife $100 million, TMZ reported. Dr. Dre will pay Young, 51, in two installments of $50 million as a part of a property settlement settlement. He’ll pay the primary half this 12 months, and the second half subsequent 12 months, the outlet stories.
Dr. Dre, who’s value $820 million, has agreed to give “over more than one-fifth of his fortune and roughly half of his liquid assets” in the settlement, Rolling Stone reported.
An legal professional for Dr. Dre didn’t instantly reply to PEOPLE’s request for remark.
Credit score: Axelle/Bauer-Griffin/FilmMagic
Moreover, Young should transfer out of the previous couple’s Malibu seashore home by the tip of December, in accordance to Rolling Stone. She is going to preserve 4 autos — Rolls Royce, Vary Rover, Escalade limousine, and Spyder bike — plus her jewellery.
Dr. Dre will preserve seven properties in the divorce and can preserve six autos, in accordance to TMZ. He will even retain full rights to his grasp recordings, in addition to shares in Apple, which owns his Beats Electronics firm.
Young and Dr. Dre share two grownup youngsters: son Truice, 24, and daughter Really, 20. Their settlement denies Young spousal help, TMZ stories.
Young first filed for divorce from Dr. Dre in June 2020 after 24 years of marriage. Young accused Dr. Dre of abuse in court docket paperwork, alleging he “held a gun to my head” on two cases in 2000 and 2001, and that he “punched me in the head/face” in 1999 and 2000, PEOPLE reported in January. She additionally alleged Dr. Dre “kicked down a door” whereas she hid “from his rage” in 2016.
Young mentioned she suffered post-traumatic stress syndrome from the abuse. Dr. Dre denied the claims, telling the court docket, “at no time did I ever abuse Nicole or threaten her physical safety.”
Earlier this month, Dr. Dre celebrated changing into legally separated from Young. The Beats mogul posed for a photograph in entrance of balloons spelling out “DIVORCED AF.”
Dr. Dre’s pal, music govt Breyon Prescott, posted the picture to Instagram, writing in the caption, “Hey Well My Brother @drdre Just Told Me It’s Final !!! Congrats 🍾 Still Dre 🐐 💪🏾💪🏾💪🏾.”