Dr. Dre is filthy rich, his headphones are marked up by 2,000%!
According to estimates done by headphone experts, "the cost of making a headset is as low as $14", the
New York Times reports.
The cheapest
pair of Beats headphones sold on the company's
website go for $199.99 and the most expensive ones retails for $699.99.
Back in May of 2014, company founders Dr. Dre and Jimmy Iovine sold the company to Apple for about $2.6 BILLION in cash and approximately $400million in stock.
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