Dr. Dre Appears to Confirm Beats Acquisition: 'The First Billionaire in Hip Hop'

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Dr. Dre has a lot to learn about Apple secrecy.

While Apple remained characteristically tight-lipped about the many reports that it is close to acquiring Beats Electronics for more than $3 billion, Dre appeared to confirm the news about the company he cofounded in a video.

See also: Apple Buying Beats? It Isn't About the Headphones

In the video, which was uploaded to Facebook overnight on Thursday by actor Tyrese Gibson, Gibson jokes (with some NSFW language) that Forbes needs to update its billionaires list. Dre chimes in at one point, with what seems to be confirmation of the news.

"The first billionaire in hip hop right here from the motherf*cking west coast," Dre can be heard saying. Then Gibson starts dancing and the room erupts in cheers. Read more...

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from MashableSeth Fiegerman