Drake Net Worth: Learn How He Amassed His Fortune.

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June 2017 to June 2018: $45 million. In 2017, he made $95 million. Over the last year, he earned $75 million. He made $50 million in the next year. See here for a detailed breakdown of Drake’s annual earnings.

Drake Net Worth

Adol

Aubrey Drake Graham (born October 24, 1986) Drake’s father Dennis was a drummer who worked with artists like Jerry Lee Lewis. Sandra, nicknamed Sandi, was an English teacher and a florist. Drake went to a Jewish day school and got a Bar Mitzvah.

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At five, Aubrey’s parents split. His father then moved to Memphis, where he was caught and imprisoned for several years on narcotics charges. Aubrey lived in Toronto with his mother, visiting Memphis every summer (when his father was not incarcerated). According to Dennis, Drake’s assertions that Dennis was absent during his upbringing were inflated to sell records.

Drake and his mother resided on the lower half of a two-story townhouse in Forest Hill, a wealthy suburb. Drake lived in the basement, his mother in the street level. They were not wealthy; money was scarce.

Drake discovered his love for performing and singing at Forest Hill Collegiate Institute. Then he went to Vaughan Road Academy, where he was tormented for being bi-racial and Christian He dropped out briefly but graduated in 2012.

Drake’s Net Worth:

$250M Drake’s Wage
$70 Million/Yr

Drake’s Net Worth

Drake is a $250 million dollar actor, producer, and rapper from Canada. Drake is one of the world’s highest-paid entertainers. Drake began his career as a kid actor on the Canadian teen drama Degrassi: The Next Generation. Drake has earned around $430 million in his career before taxes and living costs.

Degrassi

The acting agency father of a childhood friend helped Drake get a role in the long-running Canadian teen drama “Degrassi: The Next Generation”. Jimmy Brooks, a basketball player who was shot by a classmate, was his character on the episode. He was a cast member from seasons 1 to 7, and a visitor in 2008.

Drake’s mother fell unwell and couldn’t work during Degrassi. He was their only source of money for years. The show paid him $50,000 per year at the time. After taxes, that’s about $2000/mo. Later, he would say this:

Musician’s

Inspired by rap giants like Jay-Z who got record deals after becoming famous independent artists, Aubrey began producing mixtapes in 2006.

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“Room for Improvement” was launched in February 2005 via his website and MySpace page. He sold over 6,000 copies directly. The next year, he released “Comeback Season.” October’s Very Own, his own label, published the mixtape (aka OVO Records). This mixtape includes the underground smash “Replacement Girl.” The song’s video was the first unsigned Canadian rapper’s video to air on BET. One version of the song included a sample from Brisco, Flo Rida, and Lil Wayne’s “Man of the Year.”

Drake Net Worth

Young Money Shows

Contrary to popular belief, Drake was not yet signed to Wayne’s record label. In 2009, he published “So Far Gone.” The mixtape is available for free download at OVO. Lil Wayne, Lloyd, Trey Songz, Omarian, and Bun B also made appearances. The mixtape became Gold after 2000 downloads in its first hour and reached #2 on the Billboard Hot 100. As an EP, it debuted at #6 on the Billboard 200 and received a 2010 Juno Award for Rap Recording of the Year.

Drake, still a solo artist, was in high demand in the music industry. Labels competed to sign him, causing a bidding war. According to unconfirmed reports, the desperation is “the largest bidding battle in music history.”

Drake joined Lil Wayne’s Young Money Entertainment on June 29, 2009. A joint venture between Young Money and Cash Money’s parent business Cash Money, with Universal Music handling distribution.

Popularity

“Thank Me Later” was released on June 15, 2010. Both Canada and the US ranked #1. It reached #1 on the Billboard 100, R&B/Hip Hop, and US Rap charts. The RIAA awarded it Platinum status.His 2011 album “Take Care” went 6-times platinum and reached #1 in various countries.

Since Then, Every Album Has Gone Platinum.

Drake is a major force in hip-hop and the music industry. He’s worked with Kanye West, Eminem, Jay-Z, and Travis Scott, to name a few. Drake has received numerous nominations. He has received over 180 significant honours, including four Grammys from over 40 nominations.

Drake Makes Around $1 Million Every Show.

Drake has sold the most digital singles ever. He has now sold over 163 million digital singles. That’s 40 million more than runner-up Rihanna. With an estimated 26 million albums sold, is the 80th best-selling musician of all time. That places him behind Shania Twain (48 million) and Celine Dion (50 million).

Drake’s Yearly Income

2010: $10M

2011: $11m

2012: $21m

2011: $11m

2013: $33m

2015: $40m

2016: $40m

2017: $95M

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2018: $47m

2019: $75M

2020: $50M

$433 million

Drake explained to Rolling Stone that he had his eye on this mansion for years after Googling “craziest residential swimming pools” and finding it. Years ago, he used a snapshot of the pool as his computer’s wallpaper. The last owner offered it for $27 million in 2009. In 2012, the previous owner ran out of funds, so Drake bought it for $7.7 million:

In 2015, he bought a 1.6 acre estate next door for $2.8 million. In 2018, he spent $4.5 million to buy another adjoining mansion. His private estate currently includes 6.7 acres of land at the end of a cul-de-sac, which cost him $15 million to acquire.

The YOLO Estate sold for $22.7 million in March 2022. The primary residence alone is available for $14.8 million.On March 8, 2022, Drake was rumoured to have bought Robbie Williams’ 20-acre Beverly Hills estate. Drake’s off-market transaction price? “Mid $70 million,” a source told the LA Times.And he lives in the city.

Drake Has at Least $100 Million in Real Estate.

In May 2019, Drake showed on Instagram his new Boeing 767 private plane, called (and painted) “Air Drake”. According to the video, Drake is happy to own the jet outright, with “no renting, timeshare, or co-owners.” A comparable private aeroplane would be valued $75-100 million.

Drake’s Wealthy History

Drake joined Celebrity Net Worth in November 2009, with a $1 million net worth estimate. He’d recently joined Lil Wayne’s Young Money. In 2012, he was valued $25 million. By 2014, he was worth $45. He hit $80 million in late 2016. His near-$100 million 2017 earnings easily eclipsed $100 million by early 2018. In May 2019, his net worth surpassed $150 million.

Drake Net Worth

Ventures

Drake has promoted big brands such as Sprite, Burger King, Whataburger, Nike, and Apple. Drake paid $19 million for exclusivity on Apple Music. That gave Apple first crack at all of Drake’s future solo releases.

Drake launched his own record label, OVO Sound, in 2012, distributed by Warner Bros. OVO Sound now represents musicians including PartyNextDoor, Majid Jordan, Kash Doll, and producers like Boi-1da, Future the Prince, Mike Zombie, among others.He is the Toronto Raptors’ “global ambassador” and organises an annual Drake Night.

In 2016, Drake released Virginia Black, a bourbon-based whiskey. 4,000 bottles were sold in the first week. Later in the year, the corporation shipped 30,000 more.

Tours

Drake’s first headline tour occurred in 2010. Until 2019, he headlined five more tours. He’s co-headlined four tours, including one with Migos in 2018.

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His 2016 “Summer Sixteen Tour” grossed $84.3 million from 54 gigs, making it the highest grossing hip-hop tour ever. That’s $1.56 million each show. In 2018, his Migos co-headlining tour earned $80 million over 43 dates. That’s $1.86 million each show.Every summer, Drake hosts “OVO Fest” in Toronto, which sells out fast.Drake has a lucrative engagement at XS Nightclub in Las Vegas, earning him up to $500,000 every show. For a formal concert, he now receives almost $2 million.

Personality

Drake has had several high-profile romances. Between 2009 and 2016, he dated Rihanna. He later described Rihana as “the woman I’ve loved since I was 22.”

Sophie Brussaux, a French model/actress/artist, gave birth to Adonis in October 2017. Drake didn’t father till 2018.

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