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Dr. Dre to Sell Malibu Mansion for Massive $20 Million
Legendary West Coast producer and DJ Dre. Dre is rumored to be selling his mansion in Malibu for $20 million.
Dre is reported to have first purchased the property for around $4.8 million and will be due to make a massive profit if he completes the sale for its reported market price.
The residence is one of Dre's assets which he retained after his costly divorce from ex wife Nicole Young in the winter of 2021.
The Source hip hop magazine reports that the mansion possesses six bedrooms and seven bathrooms.
Apparently, it was this house where ex-attorney Nicole Young stayed during her divorce battle with Dre in 2021.
The divorce was initiated by Young from the 56 year old Dre on the grounds that the producer had inflicted abuse on his wife that led to her suffering from post-traumatic stress syndrome.
Dr. Dre denied these claims and claimed that young was lying in order to gain some of his accumulated wealth, which was estimated to be worth around $800 million in 2021.
However, the couple eventually ended their 24 year marriage by agreeing a settlement in court.
The ex-N.W.A star ended up paying his ex wife young around $100 million after a divorce settlement was agreed between the pair after a long drawn out battle last year.
Young also kept four expensive vehicles; an Escalade, Range Rover, Rolls Royce and a motorcycle though the decision means she will not receive spousal support from Dr. Dre.
Dre managed to keep possession of his recording catalogue, the couple's seven shared properties and his stock options.
Dr. Dre has most recently been working in the studio with long time collaborator, Snoop Dogg, as the two worked on a new album.
The West coast duo are set to release 'Missionary,' this month according to an interview from Snoop, who told the 'Know Mercy' podcast the album would be 'done in November.'
The project is set to be the natural successor to Snoop Dogg's 'Doggystyle,' album on the year of its 30th anniversary.
In the same interview Snoop said he wanted to get back the masters to his 1992 project but the rights were too expensive, so he wants to get the same energy back with this new album.
Produced by Dre, it will be released on the Death Row Records label, which Snoop now owns since he purchased the company earlier this year.
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