Dr. Dre in Santa Monica, California. An exclusive laptop, known as the HP ENVY 15 Beats limited edition, was released for sale October 22. In May 2014, technology giant Apple purchased the Beats brand for $3 billion, Apple's most expensive purchase by far. The deal made Dr. Dre the "richest man in hip hop", surpassing Diddy. During May 2013, Dr. Dre and Jimmy Iovine donated a $70 million endowment to the University of Southern California to create the USC Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation. The goal of the Academy has been stated as
Dr. Dre third richest figure in hip hop, with a net worth of $770 million. Dre began his career as a member of the World Class Wreckin' Cru. He found fame with the influential gangsta rap group N.W.A with Eazy-E, Ice Cube, MC Ren, and DJ Yella, which popularized explicit lyrics in rap to detail the violence of street life. His 1992 solo debut "The Chronic", released under Death Row Records, made him one of the best-selling American performing artists of 1993, and earned him a Grammy Award for the single "Let Me Ride". That year, he produced Death Row labelmate Snoop