Drake net worth: $150 million
In 2019, Drake was named the fifth richest rapper of all time. He’s additionally the youngest particular person on that listing. His cash comes from music gross sales but additionally from model endorsements, his work as a document producer and label collaborations.
Music Profession
Born in Toronto, Canada, Aubrey Drake Graham began his profession as a TV actor on the well-known teen drama Degrassi: The Subsequent Technology. He was a daily from 2001 to 2007, when he left to pursue a musical profession as a substitute. Whereas on the present, he was incomes a wage of $50,000 a yr. At one level, that cash was the one factor supporting him and his ailing mom.
His first music releases had been three blended tapes that bought relative effectively (a number of thousand copies every). When he launched his first authentic album in June 2010, it was a hit immediately, with one among his singles reaching number fourteen on the Billboard Scorching 100. The album ended up changing into the highest promoting debut album in 2010 with with 447,000 copies bought.
Compared, his 2016 album “Views” bought 1 million copies within the first week of launch. Whereas this implies Drake makes fairly a bit of cash in gross sales, he additionally earns fairly properly together with his dwell reveals – about $1 million per live performance.
Actual Property and Different Buys
Drake moved to California in 2012, straight right into a 12,000 square-foot $7.7 million mansion in Hidden Hills. The house comes with its personal movie theater, an 80-foot water slide into the principle pool, and a seaside volleyball court docket. Moderately than shopping for his subsequent properties in different cities, Drake purchased the adjoining property for $2.8 million in 2015, then a 3rd neighboring mansion in 2018.
As well as to a apartment in his hometown of Toronto, he additionally purchased a $6.7 million plot of land proper outdoors the town, the place he spent a couple of years constructing a mansion. In April 2020, Drake opened the doorways to his extravagant 50,000-square-foot new property, which incorporates an NBA regulation-size basketball court docket, a Bösendorfer live performance grand piano, and a 3,200-square-foot master suite.
Specialists estimate his actual property property belongings add up to no less than $20 million with out together with the Toronto mansion, which might be worth $50+ million by itself.
In 2019, Drake acquired a Boeing 767 non-public jet, which he had repainted to learn “Air Drake.” Whereas an plane of that sort is valued at over $180 million, Drake acquired it for free from Canadian airline Cargojet. The corporate thought of the present an incredible publicity transfer that may pay for itself.
Different Business Ventures
Drake has endorsement offers with many standard manufacturers, although there’s no public data on how a lot he’s been paid for these offers. Over time, he’s carried out publicity for Nike, Sprite and Burger King. The one deal that made the information was Drake’s unique contract with Apple Music. In trade for giving Apple the unique preliminary launch of all his music, he acquired $19 million.
OVO Sound, a document label that Drake based in 2012, represents a number of artists, together with Mike Zombie and Kash Doll. Because the proprietor, Drake earns a doubtlessly good amount of cash from this enterprise.
In 2016 Drake additionally launched Virginia Black, his personal model of whiskey, which bought 35,000 models within the first yr alone and has been doing effectively since then.
So How A lot Cash Does Drake Have?
Drake has an estimated net worth of about $150 million after incomes about $75 million in 2019. This might develop considerably within the subsequent yr, as new albums and live shows are lined up sooner or later.
