Dr. Dre has until this Friday to reveal precisely how much he earns and what he spends his money on– or he may have to pay a $100,000 fine.
Dre has been reluctant to turn over all of his financial records to the court — but now a judge has ordered him to do so. He must also tell the court where his money is coming from.
The producer’s estranged wife, Nicole Young, wants a full accounting of all income received and expenses. She wants bank and credit card statements plus details of any mortgage payments and properties. Nicole wants to know how much he spends on food, clothes, laundry, and jewelry.
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Last week, Dr. Dre disputed his estranged wife Nicole Young’s claim that she co-owns the rights to his name as well as the rights to “The Chronic.”
According to court documents obtained by The Blast, Dre wants the court to shut down Nicole’s suit over his trademarks to name “Dr. Dre” and his hit album. She says she is part owner of these valuable commercial entities and he transferred the rights of these trademarks to a brand-new company to hide what belongs to them both.
