ACH can be a credit or a debit and interacts with a checking or savings account. It is an inexpensive mechanism for moving funds between financial institutions. In low volume it costs the originating bank $0.035 per transaction, in high volume (>1k per file) the cost is $0.025 per transaction.
At the time, we calculated Dr. Dre's net worth to be $550 million. With a net worth of $500 million, Dre was the third richest rapper on the planet, behind Jay-Z at $560 and Diddy at $700 million. Here's how we came up with $500 million two months ago: Of that $500 million, $200 million was Dre's non-beats money.
The end result is what is now known as Dr. Dreâs Beats, headphones that remain highly prized among people young and old today. However, Apple purchased Beats in 2014 for a price tag of $3 billion. Dr. Dre took home $500 million after he paid taxes on his share. Along with writing, recording, and producing music, Dr. Dre also has made a successful break into acting.