Drake Net Worth.
Drake is routinely ranked as one of the world’s highest-paid celebrities, having one of the largest net worth.
Drake was a kid actor on the Canadian adolescent show Degrassi: The Next Generation before becoming a major rap superstar. Drake has earned more than $430 million throughout his career, before taxes and living costs, since achieving mainstream fame.
Drake’s net worth is now believed to be about $180 million. As a result, he is one of the wealthiest rappers in the world.
Drake is now contracted to Young Money Entertainment, which is owned by Lil Wayne. Drake’s net worth had surpassed $25 million by 2012. By 2014, he had amassed a fortune of more than $45 million.
He had surpassed $80 million for the first time in late 2016. He easily surpassed $100 million by early 2018 thanks to his near-$100 million earnings in 2017. For the first time in May 2019, his net worth surpassed $150 million.
Drake’s Business and Entrepreneurship.
Drake has promoted numerous big brands throughout the years, most notably Sprite, Burger King, Whataburger, Nike, and Apple.
Drake earned a $19 million exclusive deal with Apple Music when it first launched. This agreement made Apple the exclusive first home for all of Drake’s future solo releases.
Drake established his record label, OVO Sound, in 2012, which is distributed by Warner Bros. Records.
In addition to Drake, OVO Sound now represents artists including PartyNextDoor, Majid Jordan, Kash Doll, and producers like Boi-1da, Future the Prince, Mike Zombie, and others.
Drake is the Toronto Raptors’ “global ambassador,” and he organizes an annual Drake Night with the team.
Drake debuted Virginia Black, his bourbon-based whiskey, in 2016. In the first week after its launch, the company sold 4,000 bottles. Later that year, the company shipped another 30,000 units.
Universal Music Group revealed in its Q1 earnings call in May 2022 that Drake had been re-signed to a “long-term worldwide collaboration,” which included everything from “recorded music to music publishing, film, television, and brands.” Drake has mentioned the contract in a handful of his songs.
He rapped about signing a deal that included “360 up front” in one tune. Some have interpreted that song to suggest that the transaction paid him $360 million upfront, based on Universal’s confirmation.
According to some estimates, the deal is worth $400 million or more. Drake’s music collection alone had been bringing in $50 million per year for the corporation in the years leading up to joining.
If the contract was worth $400 million, Drake would have received $200 million upfront after taxes, providing the agreement was worth $400 million.
How much net worth does Drake realize from his business?
Drake earned $45 million between June 2017 and June 2018.
Drake earned a total of $95 million in 2017.
Drake earned $75 million between June 2018 and June 2019. He earned $50 million over the next 12 months.
Drake’s Real Estate, houses, and residence.
Drake has lived in Hidden Hills, California since 2012 when he purchased a huge estate for $7.7 million in cash from the former owner of Los Angeles’ Saddle Ranch Bar. The property, dubbed the YOLO Estate, includes a 12,000-square-foot main home and a 2,000-square-foot party house, among other residences.
Equestrian stables, a 25-seat movie theater, a full-sized basketball court, a sand volleyball court, and one of Southern California’s largest privately-owned pools are among the amenities on the estate. His lagoon-style pool has numerous waterfalls, a swim-up bar, an 80-foot water slide, and a Playboy-mansion-style grotto that loops around the exterior of the home.
After Googling “craziest residential swimming pools” and discovering this as one of the results, Drake revealed that he had his eye on this property for years.
For years, Drake used a snapshot of the pool as his computer’s background image for motivation.
The home was listed for $27 million by Drake in 2009.
Drake required cash in 2012, so he stepped in and purchased it for $7.7 million:
Drake spent $6.7 million in 2016 to purchase a block of land in suburban Toronto known as Bridle Path.
Drake went on to construct a 50,000-square-foot house on the two-acre land. The home includes a 10-car garage, a regulation-size NBA basketball court, a gym, an awards room, and other amenities. The master bedroom is 3,200 square feet on its own.
Drake was believed to have struck an agreement to acquire British musician Robbie Williams’ 20-acre Beverly Hills estate on March 8, 2022.
The sum Drake paid in an off-market transaction? “Mid $70 million,” a source told the Los Angeles Times.
Drake also has a downtown Toronto condo.
Drake owns at least $100 million in real estate assets.
Does Drake have a private Jet?
Drake showed his freshly acquired Boeing 767 private plane, christened (and painted) “Air Drake,” in an Instagram video in May 2019.
According to the video, Drake is happy to own the jet outright, declaring that there is “no renting, no timeshare, no co-owners.”
An equivalent type and caliber private airplane would indeed be valued at $75 To $100 million.
Drake’s Early Life.
Aubrey Drake Graham, known as Drake, was born on October 24, 1986, in Toronto, Ontario. Drake’s parents divorced when he was five years old, and he moved to Toronto to live with his mother.
Drake’s dad was a drummer who relocated to Memphis after his divorce in search of work.
Drake’s mother was a devout Jew, thus he went to a Jewish day school and had his Bar Mitzvah.
Drake was bullied at school because of his racial and religious heritage, and as a result, he left school.
How did Drake rise to prominence?
Drake is regarded for showcasing hip hop’s singing and R&B inclinations. Drake rose to prominence after portraying Jimmy Brooks in the CTV teen drama series Degrassi: The Next Generation (2001–08). He went on to release his debut mixtape Room for Improvement in 2006.
Before partnering with Young Money Entertainment, Drake Gruham released the mixtapes Comeback Season (2007) and So Far Gone (2009).
How did Drake become famous?
Drake’s music has been played at a variety of activities and events due to its popularity.
In a research conducted by Pour Moi in 2021, joggers who listened to Drake’s music ran 21 seconds slower over a kilometer than those who listened to other artists. Drake’s music was also found to add 105 seconds to a three-mile run.
Drake’s music was canonized academically by Ryerson University in 2022 when the university began teaching courses dubbed “Deconstructing Drake and the Weeknd,” in which the pair’s music was used to analyze topics such as the Canadian music industry, race, class, marketing, and globalization.
Drake is frequently praised as one of hip hop’s most important characters and a prominent figure in mainstream culture. This is due to his effect on modern rappers due to his use of singing over hip-hop instrumentals.
Drake, along with Justin Bieber and The Weeknd, is largely credited with popularizing the Toronto sound in the music industry and leading the “Canadian Invasion” of the American charts – a pun on the British Invasion of the 1960s.
Drake’s Career Achievements.
Drake has won four Grammy Awards out of 47 nominations as of 2021. In addition, the actor has a total of 29 Billboard Music Awards.
Drake broke Adele’s record for most Billboard Music Awards wins in a single night in 2017, receiving 13 out of 22 nominations.
At the 2021 Billboard Music Awards, Drake was named Artist of the Decade.
“Drake managed to conquer hip-hop in 2014,” Billboard editor Ernest Baker said, adding that “the best rapper in 2014 didn’t need a new album or hit song to confirm his domination.”
Drake was in the top five of the Billboard year-end chart for Top Artists from 2015 through 2017, and he topped it in 2018.
In 2016 and 2018, Drake was named the IFPI Global Recording Artist of the Year.
Drake was Spotify’s most popular artist.
Drake holds the record for the most certified digital singles artist in the United States, with 142 million units sold and on-demand streaming.
“God’s Plan” (11 Platinum) is Drake’s highest-certified single, followed by “Hotline Bling” (eight Platinum).
Drake was revealed as a featured artist on Gunna’s DS4Ever on January 7, 2022. Drake appeared on the deluxe edition of the album, which was released a week later.
Drake announced a new collaboration with DJ Khaled on January 17th.
Drake declared his come back to touring on March 3, placing fourth on Forbes’ list of highest-paid rappers for 2021, with an estimated pre-tax income of $50 million. He also announced two “interactive” concerts in Toronto and New York City.
Drake was named Hip-Hop Artist of the Year at the 2022 iHeartRadio Music Awards on March 23.
Drake’s music accumulated 7.91 billion streams in 2021, compared to 6.32 billion for tracks produced previous to 1980, according to a report released on April 16.
Drake was revealed as a featured artist on Future’s I Never Liked You (2022), appearing on the tracks “Wait for U” with Tems and “I’m on One,” the former of which hit at number one on the Billboard Hot 100, becoming Drake the eleventh act in history to do so.
Finally, on May 2, Jared Krichevsky, a Character and Creature Designer for Warner Bros. Pictures, revealed that the studio had previously tried to cast Drake as Victor Stone / Cyborg in an untitled television series by releasing concept art.
Drake’s other notable accomplishments include:
- Several Billboard Hot 100 chart records are held by him.
- Having the most songs on the charts of any artist.
- The most songs that charted at the same time in a single week.
- the greatest number of debuts in a single week.
- The greatest number of top ten singles.
- The most number of top ten debuts in a week, the most number of top ten debuts.
- The longest period on the graph.
- Drake holds the record for most number-one singles among rappers with ten.