Hereâs a novel way to avoid losing your keys: Spinelli Kilcollin, the jeweler known for its signature linked rings, has created a wearable key ring that links into a sterling silver carabiner to keep them all at armâs reach ($450).
Beats Electronics LLC is a subsidiary of Apple Inc. that produces audio products. Headquartered in Culver City, California, U.S., the company was founded as Beats by Dr. Dre by music producer and rapper Dr. Dre and former Interscope Geffen A&M Records chairman Jimmy Iovine. The subsidiary's product line is primarily focused on headphones and speakers.
Forbes estimates that Dr. Dre owns somewhere around 20% to 25% of Beats' shares and pegs the headphone-maker's value at $2 billion. This means that a sale of $3.2 billion would double the rapper's stake and increase his net worth to $800 million after capital gains taxes. It is $200 million short of Dr. Dre's claim to billionaire status, but the acquisition of Beats will make him hip-hop's richest man.