Drake Net Worth

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What is Drake’s Net Worth?

Drake is a Canadian-born actor, producer and rapper who has a net deserving of $ 200 million dollars. Drake is systematically one of the highest-paid entertainers in the earth. Prior to becoming a massive knock extremely headliner, Drake was a child actor who appeared on the canadian teen-drama Degrassi : The following Generation. Since first gaining mainstream achiever, Drake has earned more than $ 430 million in his career before taxes and life style costs. Between June 2017 and June 2018 Drake earned $ 45 million. In 2017 he earned a total of $ 95 million. Between June 2018 and June 2019, he earned $ 75 million. In the take after 12-month menstruation he earned $ 50 million. Scroll down for a full year-by-year breakdown of Drake ‘s annual earnings.

Reading: Drake Net Worth

Early Life

Aubrey Drake Graham on October 24, 1986 in Toronto, Canada. Drake ‘s founder Dennis worked as a drummer who played with musicians like Jerry Lee Lewis during his career. Drake ‘s mother Sandra, aka Sandi, worked as an English teacher and florist. Drake attended a jewish day school and had a formal Bar Mitzvah celebration. Sandi and Dennis divorced when Aubrey was five. His founder subsequently moved to Memphis where he ultimately ended up being arrested and incarcerated for respective years on drug charges. Aubrey remained with his mother in Toronto though he would visit his founder in Memphis every summer ( when his founder was not incarcerated ). Drake would late describe Dennis as being absent during his childhood, claims Dennis has vehemently denied and asserted were embellished to sell records. From one-sixth grade on, Drake and his ma lived in the bottom half of a two report town home in an affluent suburb called Forest Hill. His mother lived on the street-level floor, Drake lived in the basement. They were not rich, in fact money was identical nasty. While attending Forest Hill Collegiate Institute, Drake found an affinity for acting and singing. He later attended Vaughan Road Academy where he was bullied for his bi-racial and religious background. He dropped out for a time, but did finally graduate in 2012 .

Degrassi

When he was 15, a childhood ally ‘s father – an act agentive role – helped Drake land a role on the long-running canadian adolescent drama television receiver testify “ Degrassi : The future coevals ”. On the show he played Jimmy Brooks, a basketball star who became disabled after being shot by a schoolmate. He was a cast member for seasons 1 through 7, with guest appearances in 2008. While Drake was appearing on Degrassi, his mother became ailment and could not work. His Degrassi paychecks were their only income for several years. At the time he was earning $ 50,000 per year in wage from the read. That ‘s approximately $ 2000 per month after taxes. He would late describe this time time period as follows : “My mother was very sick. We were very poor, like broke. The only money I had coming in was off of Canadian TV.”

Music Career

Inspired by rap icons like Jay-Z who earned phonograph record deals after becoming successful as freelancer artists, Aubrey – who by now was going by his middle name “ Drake ” as his degree identify – began releasing mixtapes in 2006. In February 2005 he released his first mixtape “ Room for Improvement ” via his web site and official MySpace page. He managed to sell more than 6,000 copies directly. He released his second mixtape, “ Comeback Season ”, the comply year. He released the mixtape through his own recently-launched label October ‘s Very Own ( aka OVO Records ). This mixtape featured what became a shoot metro individual called “ Replacement Girl ”. The music video recording for the song was the first video from an unsigned canadian rapper to be featured on BET. One adaptation of the song featured a splice sample distribution of the song “ man of the class ” by Brisco, Flo Rida and Lil Wayne. Houston-based producer and Rap-A-Lot Records fall through, Jas Prince, heard the individual and passed it on to Lil Wayne. Lil Wayne was impress and called Drake, inviting him to fly to Houston to join his Tha Carter III enlistment. As the tour progressed, Drake and Wayne wrote and recorded several songs including “ Brand New ”, “ Forever ” and “ Ransom ” .

Young Money Entertainment

Despite what you may assume, Drake had not signed onto Wayne ‘s phonograph record label at this bespeak. He released a third gear mixtape, “ thus Far Gone ”, in 2009. He released the mixtape as a free download on his OVO web site. The mixtape featured appearances from Lil Wayne, Lloyd, Trey Songz, Omarian and Bun B. After being download 2000 times in its first base hour, the mixtape was finally certified Gold by the RIAA, peaking at # 2 on the Billboard Hot 100. The mixtape was finally released as an EP which debuted at # 6 on the Billboard 200 and won the 2010 Juno Award for Rap Recording of the class. calm an mugwump artist, Drake was immediately in gamey demand within the music diligence. A bid war resulted with diverse labels scrambling to sign him. The desperation has been described as “ the biggest bid war in music history ”, though that ‘s not confirmed. On June 29, 2009, Drake signed a shrink with Lil Wayne ‘s Young Money Entertainment. The record deal was actually a joint venture between Young Money and its rear company Cash Money, with Universal Music running distribution .Drake Net Worth

Mainstream Success

Drake ‘s debut studio apartment album, “ Thank Me Later ”, was released on June 15, 2010. The album hit # 1 in Canada and the US. In the US it hit # 1 on the Billboard 100, # 1 on the R & B/Hip Hop and # 1 US Rap charts. It was finally certified Platinum by the RIAA. His second studio apartment album, 2011 ‘s “ Take Care ” besides hit # 1 in several countries on several charts, finally going 6-times Platinum. Every album since has been at least 4-times Platinum.

Drake is one of the most successful and powerful forces in hip-hop and the music industry at large. He has worked with dozens of the biggest stars in the music industry including Kanye West, Eminem, Jay-Z and Travis Scott. Drake has been nominated for countless awards. As of this write he has won more than 180 major awards including four Grammys from more than 40 nominations. Drake grosses approximately $ 1 million per concert .

Singles Sold

Drake has sold more digital singles than any artist in history. As of this writing he has sold more than 163 million digital singles. That ‘s 40 million more than the second put person, Rihanna. In terms of album sales, is the eightieth highest selling musician of all meter with an estimated 26 million albums sold. That makes him the third best-selling canadian musician of all time behind Shania Twain ( 48 million ) and Celine Dion ( 50 million ) .

Drake’s Earnings By Year

2010 : $ 10 million
2011 : $ 11 million
2012 : $ 21 million
2013 : $ 11 million
2014 : $ 33 million
2015 : $ 40 million
2016 : $ 40 million
2017 : $ 95 million
2018 : $ 47 million
2019 : $ 75 million
2020 : $ 50 million Total: $433 millionDrake Net Worth

Real Estate

Though he was born in Canada, Drake has called Hidden Hills, California family since 2012 when he bought a palatial sign of the zodiac from the former owner of Los Angeles ‘ Saddle Ranch Bar for $ 7.7 million in cash. Nicknamed the YOLO Estate, the property features multiple residences including a 12,000 square-foot independent house and a 2,000 straight foot party house. The estate features equestrian stables, 25-person movie dramaturgy, a full-sized basketball court, sand volleyball court and one of the largest privately-owned pools in Southern California. His lagoon-like pool, which loops around the exterior of the theater, features with respective waterfalls, a swim-up banish an 80-foot water slide and Playboy-mansion dash grotto. In a Rolling Stone consultation Drake explained that he had his eye on this mansion for years after Googling “ craziest residential swimming pools ” and seeing this as one of the results. For motivation, he used a photograph of the pool as the background visualize on his computer for years. The erstwhile owner listed the house in 2009 for $ 27 million. By 2012 the early owner was experiencing a cash crunch indeed Drake swooped in and bought it for $ 7.7 million. In 2015 he extended his property by buying the neighbor 1.6 acre estate of the realm for $ 2.8 million. In 2018 he extended the property again when he spent $ 4.5 million to buy yet another neighbor family. His private estate now encompasses 6.7-acres of conterminous property at the end of a cul-de-sac that represent $ 15 million in real number estate acquisition costs alone. In 2016 Drake spent $ 6.7 million to buy a plot of nation in suburban Toronto in an sphere called Birdle Path. He proceeded to build a 50,000 square-foot sign of the zodiac on the two-acre property. The family features a 10-car garage, regulation-size NBA basketball court, gymnasium, awards board and much more. The master bedroom alone is 3,200 square-feet He besides owns a condominium in downtown Toronto. In sum, Drake owns at least $ 25 million worth of real estate. His real estate of the realm assets ( particularly the Hidden Hills compound ) are likely worth much more when his improvements are included. It ‘s possible that the Hidden Hills colonial nowadays would fetch $ 20-30 million on its own. For comparison, a 2-acre estate in the like community was listed for $ 15.5 million in May 2019 .

Private Jet

In May 2019 Drake released a television on Instagram that revealed his newly-acquired Boeing 767 private fountain which he has dubbed ( and painted ) “ Air Drake ”. According to the television, Drake is proud to own the k complimentary and clear, proclaiming that it ‘s all his with “ no lease, no timeshare, no co-owners. ” A similar model and quality individual jet would be deserving $ 75 – $ 100 million .

Drake’s Net Worth Milestones

We first added Drake to Celebrity Net Worth in November 2009 with an initial web worth estimate of $ 1 million. He had signed with Lil Wayne ‘s Young Money good a few months early. By 2012 his net worth topped $ 25 million. By 2014 he topped $ 45 million. By deep 2016 he topped $ 80 million for the first time. Thanks to his incredible near- $ 100 million gain 2017, he easily topped $ 100 million by early 2018. In May 2019 his net worth broke $ 150 million for the first fourth dimension .

Business Ventures

Over the years Drake has endorsed many major brands including most notably, Sprite, Burger King, Whataburger, Nike and Apple. When Apple Music launched, Drake signed a $ 19 million exclusivity cover. This deal allowed Apple to be the exclusive initial home of all of Drake ‘s future solo releases. In 2012 Drake formed his own record pronounce, OVO Sound, which is distributed by Warner Bros. Records. In addition to Drake, nowadays OVO Sound reps music for artists such as PartyNextDoor, Majid Jordan, Kash Doll and producers such as Boi-1da, Future the Prince, Mike Zombie and more. He is the “ global ambassador ” of the Toronto Raptors and hosts an annual Drake Night with the team. In 2016 Drake launched his own stigmatize of bourbon-based whiskey called Virginia Black. The company sold 4,000 bottles in the first workweek after launching. Later in the year the company shipped an extra 30,000 units .

Tours

Drake ‘s first headline go was 2010 ‘s “ Away From Home Tour ”. He embarked on five extra headline tours through 2019. He has besides co-headlined four tours including his 2018 go with the knock group Migos. His 2016 “ Summer Sixteen Tour ” was the highest-grossing hip-hop go of all meter up to that point with a crude of $ 84.3 million off 54 shows. That ‘s an average gross of $ 1.56 million per concert. His Migos co-headlining tour broke that record in 2018 with $ 80 million in earnings over 43 dates. That ‘s an median gross of $ 1.86 million per concert. Every summer Drake puts on a festival in Toronto called “ OVO Fest ” that sells out instantaneously.

Drake has an ongoing residency at the XS Nightclub in Las Vegas that can easily earn him $ 500,000 for a one appearance. He now earns more than $ 2 million for a more formal concert .

Personal Life

Drake has had a count of high profile relationships over the years. He dated Rihanna on and off between 2009 and 2016. He would later describe Rihana as “ the charwoman I ‘ve been in love with since I was 22 years old. ” In October 2017 a french model/actress/artist named Sophie Brussaux gave parentage to his son Adonis. Drake did not confirm his fatherhood until 2018 .

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