Dr. Dre is the highest paid music celebrity earning $110 million from May 2011 to May 2012, according to Forbes. Dre out earned the next name on the list, Simon Cowell, by a cool $20 million.
"In August handset maker HTC paid $300 million for a 51% stake in Beats by Dr. Dre, the headphone company he co-founded with Interscope chief Jimmy Iovine in 2006. Each owned about a third of the company, pocketing about $100 million apiece, before taxes, from last summer's deal," according to the magazine.
Third on the list was Elton John ($80 million) and fourth was Britney Spears ($58).
Dre is currently at work on his much-anticipated album, Detox. So far, two singles have been released from the effort: "Kush" and "I Need a Doctor" (featuring Eminem and Skylar Grey).
by RTT Staff Writer
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