“They need to update the Forbes list,” says Tyrese.

The singer/actor suggests the financial publication modify its list of richest people in Hip Hop, because news broke yesterday that Dr. Dre and Jimmy Iovine are selling their Beats Electronics company to Apple for $3.2 billion. The sale is set to make Dre Hip Hop’s first billionaire.

Dre and Tyrese happened to be together when the world found out about the Beats/Apple deal, and Tyrese decided to share the moment via video on his Instagram page.

In one vid Dre can be heard saying, “The first billionaire in Hip Hop. Right here from the motherf**king West Coast.”

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