Acquisition

Dr. Dre: $3.00B moved in 2014

Apple bought Beats Electronics and Beats Music, the headphone and streaming company he co-founded with Jimmy Iovine.

The figure

  • Amount3,000,000,000 US dollars
  • CategoryAcquisition
  • CorridorSanta Monica, United States → Cupertino, United States
  • Distance487 km apart
  • Year reported2014
  • Documentation confidence96/100

What that amount buys

$3.00B is roughly 40 long-range private jets, 7.1K median-priced US homes, or 37.2K years of median US household income.

Dr. Dre is publicly known as producer and co-founder, beats. The arc drawn for this entry joins Santa Monica and Cupertino because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.

Source

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