Theballerlife.com has learned that rapper/music producer/entrepreneur Dr. Dre donated $70 million to the University of Southern California.
You heard that right, 70 million, and that’s not a typo. Dre, whose estimated net worth is approximately $350 million, along with music industry executive Jimmy Iovine, who also pitched in a couple hundred million, donated the money to train “and inspire a new generation of innovators.” Music industry executive Jimmy Iovine also pitched in a couple hundred million.
The goal of the USC Jimmy Lovine and Andre Young Academy for Arts, Technology and the Business of Innovation “is to shape the future by nurturing the talents, passions, leadership and risk-taking of uniquely qualified students who challenge conventional views of art and industry,” according to USC.
The academy will enroll its first class of 25 students in fall 2014.
Applicants will be accepted based on a rigorous review process encompassing demonstrated academic excellence as well as proven ability for original thought.
The academy is seeking students whose interests span fields such as marketing, business entrepreneurship, computer science and engineering, audio and visual design and the arts.
The academy will focus on four core curriculum areas — arts and entrepreneurship; technology, design and marketability; concept and business platforms; and creating a prototype.
The four-year academic program will include one-on-one faculty mentoring, opportunities to interact with luminaries from the arts and entertainment industry serving as guest speakers and lecturers, and a broad array of internship opportunities for students.
Photo Source: Rap-Up.com