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CELEBS GIVE BACK: Dr. Dre & Jimmy Iovine DONATE $70 MILLION To USC

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Dr. Dre and Jimmy Iovine made such a large donation to the University of Southern California that they're getting an entire school named after them!  Find out about their new school inside....

 

Recording industry legends Dr. Dre and Jimmy Iovine recently blessed the University of Southern California with a $70 million donation.  In return, the university will use the endowment to create the Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation.

Launching next year, the four year program will offer undergraduate courses in entrepreneurship; technology, art, design and marketing.  How fun will that major be?! 

USC President C.L. Max Nikias thanks the moguls in a statement,

"The vision and generosity of Jimmy Iovine and Andre Young will profoundly influence the way all of us perceive and experience artistic media. USC provides an extraordinarily rich academic, research and artistic environment. We are committed to encouraging our students to use their intellectual and creative resources to effect change in all segments of society. Our goal is to ensure that the academy is the most collaborative educational program in the world."

The academy will enroll its first class of 25 students in the fall of 2014.

Dre was named as the #3 Hip Hop Cash King last year by FORBES.  And the #1 musician based on his income.  His networth was around $260 mill last year, and he even raked in $110 mill at the end of last year thanks to the $300 mill sell of his BEATS headphones to HTC.  So it's good to see him giving back to the youngins who spend their dollars on his headphones.

Great job Dre & Jimmy!

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Great job. I hope other

Great job. I hope other celebrities are watching and follow suit. There are so many great causes out there that need financial support. If you don't have $70M to donate but still want to help see clickshopgive.ca
clickshopgive's picture

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slenia43's picture

upto I looked at the check

upto I looked at the check that said $4262, I be certain ...that...my brother had been actualey earning money part time at there computar.. there uncle haz done this 4 less than and as of now paid for the debts on their appartment and bought a great Toyota. we looked here, ............….. fox85.com
patterson952's picture

Yes, it's up to the Alumni to

Yes, it's up to the Alumni to take care of their schools (Bill Cosby, Tom Joyner to name a couple gives to their schools). But the smaller colleges that are struggling for whatever reason could use attention. Our Ancestors DIED for YOU and ME to be educated so why wouldn't you give back to your people. Of course, in a healthy and effective way. If Black schools are having any kind of a problem (and they are), then $70 million would have helped. Every Black college should have a library with our Historians, Scholars, Literature, etc. THINK PEOPLE, STOP SELF LOATHING AND TRYING TO MAKE EXCUSES, OPEN YOUR CONSCIOUSNESS. They took your soul, your music, your inventions and we turn around and say, that's OK, I'll give you more! This is serious, we're at war! Here Mr White Man, you stole my legacy but here let me give you more. I wonder how many young ppl in Dre's neighborhood will take advantage of the program. I bet Dr John Henrik Clarke is turning over in his grave...I wonder does USC even teach about Dr Clarke, JA Rogers, Amos Wilson, Claud Anderson, Ivan Van Sertima, etc. Black colleges were created back in the 1800's because they wanted to be educated and now we've been lulled to sleep and don't care about our own...OK I'm done, this ignorance makes my stomach ache. One last thing, name another group of people that don't understand the importance of taking care of their own (Asians, Indians, Australians, White, Jewish). No we give our money and power to ALL of them!!!!
Reign's picture

Again with the rhetoric - the

Again with the rhetoric - the facts are the facts Reign..., we are STILL responsible for helping ourselves too! I feel for what you're on the soapbox about, but you're acting like the 50 million dollar endowment of CDU couldn't have spared 300K to support the work of 3 institutional researchers to make sure they had a research department in place to meet THEIR OWN accreditation requirements. Arkansas Baptist College with its 1200 students and endowment of less than 100K did... Strange! No one is stating that HBCUs don't need assistance, but Dre has a right to help where he's from too, and he's not a grad of ANYWHERE! Finally, note that HBCUs do not have the space, resources, or instructional manpower to admit ALL the African-American grads that matriculate annually, they currently educate less than 25% of all African-American collegiate grads, sooooooo, the other 75% or more can't just sit-out and wait for HBCU campuses to expand to accommodate them all. And as for groups of people taking care of their own, I doubt many institutions are turning down all that good NON-BLACK money that's funneled to the United Negro College Fund courtesy of Bill Gates, the Andrew Mellon Foundation, the Rockefeller Foundation, and countless others!!! I'm certainly not against HBCUs, but I would appreciate it if some of them could just stop cutting corners and increase their own investment in themselves, so they can earn the trust that warrants future Dr. Dre-type investments! It's easier to support your own when they make moves in the right direction. That's why H.U. gets my dollars.
Brick City Babee's picture

Not to save inner city

Not to save inner city schools or help an HBCU. Lets give to an already majorly wealthy establishment. Say what you want about Jayz but his donations are to help kids with only a 2.0 or don't have a lot of money get full scholarships. I respect that way more.
cutethatsall56's picture

Luvs it! But I hope he

Luvs it! But I hope he increases the scope of it soon. 750 people over 11 years sharing $1.3 million dollars averages out to about $1,750/person. :(
Brick City Babee's picture

Thank you! That's what I'm

Thank you! That's what I'm talking about
Reign's picture

I do agree that HBCUs are

I do agree that HBCUs are struggling and it would be great for schools, especially those on the brink of closure,could receive an endowment like that. But it would also be great for those with disposable income, whether they attended an HBCU or not, to also invest and give back. It is EVERYBODY's responsibility. Sure, there's nothing wrong with giving back to a school in his area, especially if it means scholarships or dollars for more minorities to attend. But either way - whew! That's a lot of mula.
GG Boo 4 U's picture

thats dr dre beats money is

thats dr dre beats money is Looooooooooong! lol damn! more power to dre & jimmy for paying it foward!
blk's picture

What a donation! The fact

What a donation! The fact that they're giving back is beautiful it itself. It doesn't matter what college it is.
Iridescent One's picture

That's nice...however, what

That's nice...however, what about the Black colleges all around this country that are struggling. Philander Smith in Little Rock, AR for example. Every Black college and university in this country should be thriving. We're so F'ing sick that we don't take care of our own and we think we've arrived when we assimilate and give our monies back to our slave owners' and their descendants, just to be able to smile and stand next to the slave master's son or daughter and think they love us...
Reign's picture

One problem - I'm assuming

One problem - I'm assuming Dr. Dre wanted to help his home community of L.A., to my knowledge the ONE HBCU in California (it's in L.A. to be exact) is Charles Drew University, and as of a little over a year ago, they were on academic probation courtesy of The Western Association of Schools and Colleges, their accrediting agency. Now I don't know about you, but I need an institution to be stable to give my hard-earned money to them. My bachelor's degree is from an HBCU, and yes, they are stable and receive donations from me. CDU was on academic probation from July 2009 through late 2011 because of problems with its educational assessment and quality control systems, a requirement of accrediting agencies throughout the country. And lest you say the probation is unfair, EVERY college/university in this country has the same requirement, they've known about it since 1990 when it became a federal law, and to not comply is trifling since you lose students and federal funds without it. That being said - USC stays accredited. They are where he's from. Nuff said.
Brick City Babee's picture

Yeeeeeeeeeeeeeeeeeessssssssss

Yeeeeeeeeeeeeeeeeeesssssssssssss.......!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! **sips tea**......i just read the New York Times article about it. Scholarships will be given to Financially Disadvantaged as well as creating a entirely new Department which means many jobs. DRE's Childhood neighborhood is 10 miles away.......
Jesus H. Christ's picture

Reign, when I read your

Reign, when I read your comment, I knew it was going to be too deep for some. You see, some are still asleep. Their minds are still clenched in the devil's hands. They are prisoners of their masters, but then again, so were many slaves that didn't even recognize it back then.
Sunflower Jones's picture

Ask your girl Beyonce for a

Ask your girl Beyonce for a $70 Milli donation (she has it). Maybe the Alumni at the Black Colleges need to give back. Dre is giving back to his home town area........where thousands of black students attend b/c they are smart enuff to get it in.
Jesus H. Christ's picture

What is wrong with them

What is wrong with them choosing where they want to donate their money to? Why is it that anytime some one black does not give/buy black owned products, we have to resort to the slavery issues? That was so long ago, time to let go..move forward! Stop being so bitter. I am a black woman who is colorblind (I don't see everything being black and white).
NotSoBlackNWhite's picture

I don't know how old you are,

I don't know how old you are, but if you haven't read this book, I think it would educate on on the realities of the world we live in. The book is called, "The Miseducation of the Negro." Your comment, to me, is very troubling, not simply because it's your one opinion, but because there are a lot of so called black people that think the way you do. If blacks had that attitude back in the day, Black Wall Street would not have been so strong. You choose to not see the world as it is. You don't seem to realize the importance of blacks doing for themselves. We will forever remained enslaved (mentally) until blacks don't give back to their own communities. People like Dre, who has aligned with a Jew, are pawns to the Jewish media who uses them. Jews and other ethnicities have built their neighborhoods up because they gave back to one another. It's really sad.
Sunflower Jones's picture

OMG, Thank you for your

OMG, Thank you for your comment. Clap Clap Clap, It's nice to know there are Conscious, critical thinking Black people on these blogs. Some of the responses here are insane beyond words, it's frightening
Reign's picture

That Book was written 1933

That Book was written 1933 <------- !!!!!!!!!!!!!!! its 2013!!!!!!!!!!! Quit living in the past. That man would DIE to live NOW and see how much progress!!!!!!!
Jesus H. Christ's picture

Herein lies the problem with

Herein lies the problem with black people like you. It's not your fault though that you've been brought up in a white supremacist society that tells you there is "one race, the human race" and who will never give black to their own people. If Asians, Jews, Mexicans, and hell, every other ethnic group thought like so many blacks that they shouldn't be obligated to support their own people, they would be behind economically like us. We don't stick together and your "colorblindness" is only a fantasy. Trust me, people aren't colorblind to you, black woman. Wake up! Also, you lack understanding about the world around us, race, and how slavery does play a major part in the psyche of blacks like you. You don't even see it because you are too busy being colorblind. That sounds nice on paper, but it isn't reality.
Sunflower Jones's picture

I agree. People need to look

I agree. People need to look at the positive. I commend them for putting their hard earned money towards education. There are people that don't donate a damn dime.
Iridescent One's picture

You better speak on it,

You better speak on it, Reign!!!
Sunflower Jones's picture

Love It.

Love It.
Kris's picture

Wow!! This is alright...

Wow!! This is alright... Great gesture. Checkout thegrandreport, they have good stuff on therentoo
V's picture

Philanthropy done right. This

Philanthropy done right. This is the way you change the world.,.

Jimmy is a GENIUS...not sure

Jimmy is a GENIUS...not sure if anyone has accomplished more. Dre is THE MAN!!!!! Jesus will #BowDown to him!!!!!!
Jesus H. Christ's picture

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