Aubrey ‘Drake’ Graham is said to be the artist who has a total net worth above average. Before becoming a famous rapper, this Toronto-born man was an actor who starred in the Canadian teen drama, ‘D integration: The Next Generation’.
With millions of dollars in income from album sales and concert tours, don’t be surprised Drake was able to build his house like a palace. It turns out that Drake is waiting for the 21,000 meter house to be completed. His house is located in the Bridle Path area of Toronto which is none other than his birthplace.
Building a house like a palace, of course many people want to know Drake’s net worth today. Thankfully, this post will show you his net worth that we get from some sources. Here is it!
What Is Drake’s Net Worth?
As of writing, Drake’s net worth is estimated to be roughly $180 million which makes him one of the richest rappers in the world. He is consistently one of the highest-paid entertainers in the world. Recently, he is signed to Lil Wayne’s company, Young Money Entertainment.
Since first gaining mainstream success when Drake starred in the Canadian teen-drama Degrassi: The Next Generation, he has earned more than $430 million in his career before taxes and lifestyle costs.
Drake earned $45 million between June 2017 and June 2018. He also earned a total of $95 million in 2017. He earned $74 million between June 2018 and June 2019. He earned %50 million in the following 12-month period.
Drake was first added to Celebrity Net Worth in November 2009 with an initial net worth estimate of $1 million. Just a few months earlier, he had signed with Lil Wayne’s Young Money. As of 2012, Drake’s net worth topped $25 million. In 2014, he topped $45 million. By late 2016, he topped $80 million for the first time.
He easily topped $100 million by early 2018 thanks to his incredible near-$100 million earning 2017. As of May 2019, he broke $150million for the first time.
Drake had endorsed many popular brands including Burger King, Sprite, Nike, Whataburger and Apple. He signed a $19 million exclusivity deal when Apple Music launched. Well, this deal allowed Apple to be the exclusive initial home of all of Drake’s future solo releases.
In 2012, he formed his own record label, OVO Sound distributed by Warner Bros. Records. Drake is also known as the ‘global ambassador’ of the Toronto Raptors and hosts an annual Drake night with the team.
In 2016, he launched his own brand of bourbon-based whiskey called Virginia Black. In the first week after launching, this company sold 4,000 bottles. The company shipped an additional 30,000 units later in the year.
Here’s for 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 million
Actually, Drake’s career was not smooth sailing. When he was 15 years old, he met an acting agent who was his father of a high school friend. The agent found Drake to play on Degrassi: The Next Generation, as a teen drama series. His character in this series is Jimmy Brooks as a basketball star who became physically disabled after being shot by a classmate. Drake was a cast member for season 1 through 7 with guest appearance in 2008.
When Drake was starring on Degrassi, his mother became ill and could not work. Sure, his paychecks from Degrassi were only their income for several years. At the time, from the show, Drake was earning $50,000 per year in salary. It’s roughly $2000 per month after taxes.
Drake has always had a real passion for music. He also said that Jay Z was a major inspiration to him. Then, he released his very first mixtape, Room for Improvement in 2006. He released his second mix-tape a year later and he released his third ‘So Far Gone’ in 2009.
Drake and Lil Wayne had collaborated on several songs. He also joined on one of Wayne’s tours. He signed a recording contract with Young Money Entertainment and released his debut album titled ‘Thank Me Later’ in 2010.
His album hit #1 in Canada and the US. In the US, the album hit #1 on the Billboard 100, #1 US Rap Charts and #1 on the R&B/Hip Hop. This was eventually certified Platinum by the RIAA.
His second album 2011’s ‘Take care’ also hit #1 on several charts in several countries, finally going 6-times Platinum. Every album has been at least 4-times Platinum.
He also has collaborated with several top rap artists and hip hop producers including Rihanna, Nicki Minaj, Eminem, DJ Khaled, Chris Brown and many more. Since then, he has released multiple albums and sold millions of copies.
Drake has sold many digital singles. Recently, he has sold more than 163 million digital singles. Sure, it’s 40 million more than the second place person, Rihanna. In terms of album sales, with an estimated 26 million albums sold, Drake is mentioned as the 80th highest selling musician of all time. It led him to be the third best-selling Canadian musician of all time behind Celine Dion (50 million0 and Shania Twain (48 million).
Drake earns approximately $1 million per concert. He also has been nominated for countless awards which has won more than 180 major awards including four Grammys from more than 40 nominations.
How does Drake spend his money?
Drake mostly spends his money on real estate. He purchased a $7.7 million mansion in Hidden Hills, California. He also has collected a huge collection of unique cars. His cars are mostly customized and imported. He also has a Boeing 767 jet plane which has been customized with his own logo ‘Air Drake’. The jet costs $185 million.
He also has a huge interest in jewelry. He thinks that jewelry has been another luxury expense for him. Drake’s brand logo is an owl which has been featured in many pieces of jewelry.