Dre has agreed to pay Young $100 million in two instalments, $50 million now and the other $50 million this time next year.
In exchange, Dre gets to keep 7 of the properties he and Young owned, including a Malibu home, 2 properties in Calabasas and 4 properties in the L.A. area.
The settlement also states that Dre gets full rights to his master recordings and trademarks as well as ownership of the couples Apple stocks.
Earlier this month, Dre celebrated the end of his marriage to Young with large helium balloons that spelled out the word “Divorced AF.”
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