Drake net worth
Number of divisions: 40
What is Drake’s net worth?
Drake is a Canadian-born actor, producer and rapper with a net worth of US$200 million. Drake has always been one of the highest paid entertainers in the world.Before becoming a super rap superstar, Drake was a child actor and appeared in Canadian youth dramas De Grassi: The Next GenerationSince his first mainstream success, Drake has earned more than $430 million in his career before tax and lifestyle costs are deducted.
Between June 2017 and June 2018, Drake made $45 million. In 2017, his total income was 95 million U.S. dollars. Between June 2018 and June 2019, he made $75 million. During the next 12 months, he made 50 million U.S. dollars. Scroll down to see a complete year-by-year breakdown of Drake’s annual earnings.
early life
Aubrey Drake Graham (Aubrey Drake Graham) in Toronto, Canada on October 24, 1986. Drake’s father, Dennis, was a drummer and played with musicians such as Jerry Lee Lewis during his career. Drake’s mother Sandra, also known as Sandi, is an English teacher and flower shop. Drake attended a Jewish day school and held a formal coming-of-age ceremony celebration.
Sandy and Dennis divorced when Aubrey was five years old. His father then moved to Memphis, where he was eventually arrested on drug charges and imprisoned for several years. Although Aubrey visited his father in Memphis every summer (his father was not imprisoned at the time), he was still with his mother in Toronto. Drake later described Dennis as absent in his childhood, Dennis strongly denied and claimed that these claims were modified to sell records.
Since the sixth grade, Drake and his mother have lived in the lower half of a two-story townhouse in a wealthy suburb called Forest Hill. His mother lives on the street level, and Drake lives in the basement. They are not rich, in fact money is very tight.
While attending Forest Hill Collegiate Institute, Drake discovered his love for acting and singing. He later attended Vaughan Road College, where he was bullied because of his biracial and religious background. He dropped out of school for a while, but eventually graduated in 2012.
De Grassi
When he was 15 years old, the father of a childhood playmate—an acting agent—helped Drake play a role in the long-time Canadian youth TV series “De Grassi: The Next Generation.” In the show, he played the basketball star Jimmy Brooks (Jimmy Brooks), who was maimed after being shot and wounded by his classmates. He was an actor from season 1 to season 7 and guest starred in 2008.
When Drake appeared in De Grassi, his mother was sick and unable to work. His Degrassi salary is their only income for several years. At that time, he earned a salary of $50,000 a year from performances. Approximately $2,000 per month after tax. He later described this period as follows:
“My mother is very sick. We are very poor, as if we were bankrupt. My only income comes from Canadian TV.“
Music career
Inspired by rap icons like Jay-Z, he won a record contract after becoming an independent artist, and Aubrey-his current stage name is his middle name “Drake”-began to release mixed tapes in 2006 .
In February 2005, he released his first mixtape “Room for Improvement” through his website and official MySpace page. He managed to directly sell more than 6,000 copies. The following year, he released his second mixtape “Comeback Season”. He released mixed tapes through his recently launched brand October’s Very Own (aka OVO Records). The feature of this mixtape is to become a popular underground single “Alternative Girl”. The music video for this song is the first video from an unsigned Canadian rapper to be played on BET. A version of this song uses a spliced sample of the song “Person of the Year” by Brisco, Flo Rida and Lil Wayne.
Houston producer and Rap-A-Lot Records founder Jas Prince heard the single and passed it on to Lil Wayne. Lil Wayne was impressed and called Drake and invited him to fly to Houston to participate in his Tha Carter III tour. As the tour progressed, Drake and Wayne wrote and recorded several songs, including “Brand New”, “Forever” and “Ransom”.
Young money entertainment
No matter what you think, Drake has not signed to Wayne’s record company at this time. In 2009, he released his third mixtape “So Far Gone”. He downloaded the mixtape for free on his OVO website. The mixtape features the appearance of Lil Wayne, Lloyd, Trey Songz, Omarian, and Bun B. After being downloaded 2,000 times in the first hour, the mixtape was finally certified as a gold award by RIAA and ranked second in the Billboard Hot 100. It was finally released in the form of EP, ranked 6th in the Billboard 200, and won the 2010 Juno Rap Record of the Year Award.
Drake is still an independent artist and is now in great demand in the music industry. A bidding war caused various labels to scramble to sign him. This despair has been described as “the biggest bidding war in music history”, although this has not been confirmed.
On June 29, 2009, Drake signed a contract with Lil Wayne’s Young Money Entertainment. The record deal is actually a joint venture between Young Money and its parent company Cash Money, which is distributed by Universal Music.
(Photo by Fraser Harrison/Getty Images)
Mainstream success
Drake’s first studio album “Thank Me Later” was released on June 15, 2010. The album ranked number one in both Canada and the United States. In the United States, it ranks number one on the Billboard 100, number one on R&B/Hip Hop, and number one on the American rap charts. It finally obtained the RIAA Platinum certification.
His second studio album, “Take Care” in 2011, also ranked first on multiple charts in many countries, and eventually won a 6 times platinum award.
Every album since then has won at least 4 times the Platinum Award.
Drake is one of the most successful and powerful forces in hip-hop and the entire music industry. He has worked with dozens of music stars including Kanye West, Eminem, Jay-Z and Travis Scott. Drake has been nominated for numerous awards. At the time of writing, he has won more than 180 major awards, including four Grammy Awards from more than 40 nominations.
Drake’s revenue per concert is approximately $1 million.
Single sales
Drake sells more digital singles than any artist in history. At the time of writing, he has sold more than 163 million digital singles. This is 40 million more than the second place Rihanna. In terms of album sales, he is the 80th highest-selling musician of all time, with an estimated sales of 26 million copies. This makes him the third best-selling Canadian musician of all time, second only to Shania Twain (48 million) and Celine Dion (50 million).
Drake’s annual earnings
2010: US$10 million
2011: US$11 million
2012: US$21 million
2013: US$11 million
2014: USD 33 million
2015: US$40 million
2016: US$40 million
2017: US$95 million
2018: US$47 million
2019: US$75 million
2020: US$50 million
Total: 433 million US dollars
(Photo by Christopher Polk/Getty Images)
real estate
Although Drake was born in Canada, he has always referred to Hidden Hills of California as home since he bought a magnificent mansion from the former owner of Saddle Ranch Bar in Los Angeles for $7.7 million in cash in 2012. The property, nicknamed YOLO Manor, has multiple residences, including a 12,000-square-foot main house and a 2,000-square-foot party house. The estate has an equestrian stable, a 25-person cinema, a full-size basketball court, a beach volleyball court and one of the largest private swimming pools in Southern California. His lagoon-style swimming pool surrounds the exterior of the house, with several waterfalls, a swimming bar, an 80-foot-long water slide, and a playboy mansion-style cave. In an interview with Rolling Stone Magazine, Drake explained that he has been following this mansion for many years after Googling “the craziest residential swimming pool” and viewing it as one of the results. For motivation, he has used swimming pool photos as background pictures on his computer for many years. The former owner put the house on the market for 27 million US dollars in 2009. By 2012, the former owner was facing a cash shortage, so Drake bought it for $7.7 million.
In 2015, he bought a neighboring 1.6-acre estate for $2.8 million, thereby expanding his property. In 2018, he spent $4.5 million to purchase another adjacent house and expanded the property again. Now, his private estate has 6.7 acres of continuous property at the end of a dead end, and the cost of real estate acquisition alone is as high as 15 million US dollars.
In 2016, Drake spent US$6.7 million to purchase a piece of land in the Birdle Path area in the suburbs of Toronto. He went on to build a 50,000 square foot mansion on the two acres of land. The house has a 10-car garage, standard-sized NBA basketball court, gymnasium, awards room, etc.The master bedroom alone is 3,200 square feet
He also owns an apartment in downtown Toronto.
In total, Drake owns at least $25 million worth of real estate. When including his improvements, his real estate assets (especially the Yinshan compound) may be more valuable. The compound in Hidden Hills may now be sold separately for US$20-30 million. In contrast, in May 2019, a 2-acre estate in the same community was listed for sale for $15.5 million.
private plane
In May 2019, Drake posted a video on Instagram showing his newly acquired Boeing 767 private jet, which he called (and painted) “Air Drake”. According to the video, Drake proudly owns this free and clear jet and declares that all of it is his, “no rent, no timeshare, no co-owner”. A private jet of similar model and quality will be worth between US$7.5 and US$100 million.
Drake’s net worth milestone
We first added Drake to Celebrity Net Worth in November 2009, with an estimated initial net worth of US$1 million. Just a few months ago, he signed with Lil Wayne’s Young Money. By 2012, his net worth exceeded US$25 million. By 2014, his income exceeded 45 million U.S. dollars. By the end of 2016, his income exceeded US$80 million for the first time. Since he received an amazing income of nearly 100 million U.S. dollars in 2017, he easily broke through 100 million U.S. dollars in early 2018. In May 2019, his net worth exceeded US$150 million for the first time.
Business venture capital
Over the years, Drake has endorsed many major brands, the most famous of which are Sprite, Burger King, Whataburger, Nike and Apple. When Apple Music was launched, Drake signed an exclusive agreement worth $19 million. This transaction makes Apple the exclusive first for all future personal releases of Drake.
In 2012, Drake established his own record company OVO Sound, which was released by Warner Bros. Records. In addition to Drake, OVO Sound now represents music for artists such as PartyNextDoor, Majid Jordan, Kash Doll, and producers such as Boi-1da, Future the Prince, and Mike Zombie.
He is the “global ambassador” of the Toronto Raptors and hosts the annual Drake Night with the team.
In 2016, Drake launched his own bourbon brand called Virginia Black. The company sold 4,000 bottles in the first week after launch. Later in the same year, the company shipped another 30,000 units.
travel
Drake’s first headline tour was “Run away from Home” in 2010. By 2019, he has started five more tours. He has also co-hosted four tours, including a tour with the rap group Migos in 2018.
His 2016 “Summer Sixteen Tour” was the highest-grossing hip-hop tour so far, with a total revenue of $84.3 million in 54 performances. The average total revenue for each concert is 1.56 million U.S. dollars. His Migos co-led tour broke this record in 2018, garnering $80 million in revenue over 43 dates. The average total revenue per concert is US$1.86 million.
Every summer, Drake will hold a festival called “OVO Fest” in Toronto, which will be sold out immediately.
Drake stayed in the XS nightclub in Las Vegas for a long time and could easily earn $500,000 in a single appearance. He has now earned more than $2 million through a more formal concert.
personal life
Over the years, Drake has established many high-profile relationships. He dated Rihanna intermittently from 2009 to 2016. He later described Rihanna as “The woman I’ve fallen in love with since I was 22 years old.“
In October 2017, France…
