Dr. Dre Appears to Confirm Beats Acquisition: 'The First Billionaire in Hip Hop'

 By 
Seth Fiegerman
 on 
Dr. Dre Appears to Confirm Beats Acquisition: 'The First Billionaire in Hip Hop'
Dr. Dre announces a $70 million dollar donation to create the new "Jimmy Iovine and Andre Young Academy for Arts and Technology and Business Innovation," at the University of Southern California, in Santa Monica, Calif., on May 15, 2013. Credit: Damian Dovarganes

Dr. Dre has a lot to learn about Apple secrecy.

While Apple remained characteristically tight-lipped about the many reports that it is close to acquiring Beats Electronics for more than $3 billion, Dre appeared to confirm the news about the company he cofounded in a video.

In the video, which was uploaded to Facebook overnight on Thursday by actor Tyrese Gibson, Gibson jokes (with some NSFW language) that Forbes needs to update its billionaires list. Dre chimes in at one point, with what seems to be confirmation of the news.

"The first billionaire in hip hop right here from the motherf*cking west coast," Dre can be heard saying. Then Gibson starts dancing and the room erupts in cheers.

The video has since been removed from Facebook, but versions of it can still be found on Facebook.

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