American rapper Dr. Dre has agreed to pay $100 million to his ex-wife Nicole Younger – $50 million now and the remaining in a 12 months.
In line with TMZ, the singer and Nicole have signed the asset-sharing deal.
Though his spouse was alleged to get half of his property, they signed a prenup.
After paying the agreed settlement, the rapper will retain seven of the properties they personal, together with a house in Malibu, 2 houses in Calabasas, and four properties within the LA space, together with the $100 million Brentwood property.
The rapper would additionally retain full rights to his grasp recordings, logos and pursuits in varied partnerships and trusts. He additionally holds all of their Apple inventory, together with the proceeds from the sale of Beats by Dre.
Nevertheless, Younger is allowed to maintain jewellery, money, and financial institution accounts that she maintained through the marriage, amongst another property.
After the settlement, Younger would not obtain spousal assist after she fought exhausting for it through the divorce.
She and Dr. Dre have been divorced since 2020. Younger cited irreconcilable variations as the explanation for her cut up from the hip-hop mogul.
They married in 1996 and had two kids, Triuce and Actually.