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Drake’s Net Worth (Recent Update November 2021)

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Drake Graham net worth

Drake is a native of Canada. He is an actor producer, rapper and actor who owns an estimated total net worth in excess of 200 million dollars. Drake is often one of the most well-paid entertainers in the world. Before becoming a major rapper, Drake was a child actor in the Canadian teenager-drama Degrassi: the Next Generation. Since his initial breakthrough to mainstream success, Drake has earned more than $430 million over the course of his career prior to tax and lifestyle expenses.

Between June 2017 and June 2018, Drake made the sum of $45 million. In 2017, Drake made a total of $95 million. In the months between June 2018 to June 2019 the man earned $75 million. The following 12 months the figure was $50 million. Click here for a complete year-by year breakdown of Drake’s earnings.

Early Life

Aubrey Drake Graham on October 24 on the 24th of October, 1996 in Toronto, Canada. Drake’s father Dennis was drummer with famous musicians such as Jerry Lee Lewis during his career. The mother of Drake, Sandra, who was aka Sandi worked as an English teacher and florist. Drake was a student at an Jewish Day School and was able to attend an official Bar Mitzvah celebration.

Sandi Dennis and Sandi Dennis divorced in the year Aubrey turned five. His father later relocated to Memphis which is where he was detained and imprisoned for a number of years in connection with drug related charges. Aubrey lived living with his mom in Toronto however he did visit the father of his in Memphis each during the summer (when his father wasn’t imprisoned). Drake would later write about Dennis as not being present during his youth and which Dennis has denied with aplomb and claimed were made up to promote records.

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From the 6th grade, Drake and his mom resided in the lower half of a two-story town house in a posh suburb known as Forest Hill. His mom lived on the ground floor that was street level, Drake resided on the lower level. They weren’t rich and the money was extremely tight.

When he was at Forest Hill Collegiate Institute, Drake discovered an interest in singing and acting. Later, he attended Vaughan Road Academy where he was a target of bullying due to his religious and bi-racial background. He was kicked out for a while however he did graduate in 2012.

Degrassi

At the age of fifteen, a childhood friend’s father, who was an actor who was an acting agent Drake to get a role in the long-running Canadian TV show for teens called “Degrassi the New Generation”. In the show, he played Jimmy Brooks, a basketball player who suffered a disability following a shooting by his fellow classmate. He was a part of the cast from seasons 1 to 7 and made guest appearances in 2008.

While Drake was on Degrassi his mother was sick and couldn’t work. The Degrassi pay checks were their sole source of source of income for several years. In the beginning, he was making $50,000 per year as a salary on the television show. This is roughly 2000 dollars per month, after taxes. Then he would describe the period of time as the following:

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“My mother was extremely sick. We were extremely poor, almost broke. The the only money I had coming from was Canadian television.”

Music Career

Influenced by rap legends like Jay-Z who signed record contracts after achieving success independently, Aubrey – who by then was using”Drake” as his stage title “Drake” for his show name started making mixtapes in the year 2006.

In February 2005, he launched his debut mixtape “Room for Improvement” through his official website and MySpace page. The mixtape was sold out to thousands of copies in one go. The mixtape was released by the same artist, “Comeback Season”, in the year following. The mixtape was released by his label, which was recently launched by Octopus’s Own (aka OVO Records). The mixtape included the most popular underground track “Replacement girl”. The music video was the first music video by an unknown Canadian rapper to air on BET. The song’s first version included a spliced rendition of the track “Man of the Year” by Brisco, Flo Rida and Lil Wayne.

The Houston-based producer from Houston and Rap-A-Lot Records founder, Jas Prince, who is a Houston-based producer and founder of Rap-A-Lo and recommended it to Lil Wayne. Lil Wayne was impressed and reached out to Drake asking him to travel to Houston to be a part of Drake on his Tha Carter III concert. The tour continued to progress, Drake and Wayne created and recorded many songs, including “Brand new”, “Forever” and “Ransom”.

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Young Money Entertainment

Contrary to what you might think, Drake had not signed to Wayne’s label until this point. He released a mixtape titled, “So Far Gone” in the year 2009. The mixtape was released for download at no cost via OVO’s OVO website. The mixtape featured performances by Lil Wayne, Lloyd, Trey Songz, Omarian and Bun B. After being downloaded over 2000 times in the beginning hours, the tape later certified Gold from the RIAA and peaked at number 2 in the Billboard Hot 100. The mixtape would later be released as an EP that was released at the number 6 spot according to the Billboard 200 and won the 2010 Juno Award for Rap Recording of the Year.

Drake was still an independent artist. Drake was highly sought-after in the industry of music. There was a bidding war that resulted in several labels scrambling to sign Drake. The desperation was described as “the largest bidding war in the history music” however that’s not proven.

The 29th of June, 2009 Drake signed a deal to the Lil Wayne’s Young Money Entertainment. The contract was an agreement with Young Money and its parent company Cash Money, with Universal Music controlling the distribution.

Mainstream Success

The debut album of Drake’s studio, “Thank Me Later” was released on June 15th, 2010. The album reached the top spot in Canada as well as the US. The album was also a hit in the US it reached the top spot for the Billboard 100, #1 on the R&B/Hip Hop charts, and #1 on US Rap chart. It was later declared Platinum from the RIAA.

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The second album of his studio”Take Care,” released in 2011 “Take Care” also hit #1 in several countries on various charts, and eventually went six times Platinum.

Since then, every album has been at least 4 times Platinum.

Drake is among the most powerful and successful force in hip-hop as well as the entire music industry. Drake has collaborated with a variety of the biggest names in the world of music, including Kanye West EminemJay-Z and Travis Scott. Drake has been nominated for numerous awards. At the time of writing, Drake has won over 180 awards,, including 4 Grammys out of more than forty nominations.

Drake earns around $1 million per show.

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Singles Sold

Drake has sold more digital singles than any other artist ever. At the time of writing, Drake has sold over 163 million songs on digital media. This is more than forty million higher than second-placed artist, Rihanna. As far as album sales, he’s the top-selling artist in the 80th percentile ever with of 26 million sold albums. He is the third-highest-selling Canadian artist ever, behind Shania Twain (48 million) and Celine Dion (50 million).

Drake’s earnings by year

2010 10 million dollars
2011 $11 million
2012 $21 million
2013: $11 Million
2014 2013: $33 million
2015 2014: $40 million
2016 40 million
2017. $95 Million.
2018 2017: $47 million
2019 2018: $75 million
2020 50 million dollars

Total $ 433 Million

Real Estate

While Drake came from Canada, Drake has called Hidden Hills, California home since 2012 when he purchased an extravagant mansion from the proprietor of Los Angeles’ Saddle Ranch Bar for $7.7 million in cash. It is known as”the YOLO Estate, the property has multiple residences, which include a 12,000 square foot main house as well as an additional 2,000 square feet party house. The estate has stables for horses as well as a 25-person theater for movies and a basketball court that is full size as well as a sand volleyball court. It is one of the biggest privately-owned pool within Southern California. The pool, which resembles a lagoon, is a loop around the outside of the home, is equipped many waterfalls, a bar for swimming up with a water slide that is 80 feet long and a Playboy-mansion-style grotto. In an interview with Rolling Stone interview Drake explained that he had an interest in the house for many years following a search for “craziest private pool pools” and spotting it as one of the outcomes. To motivate himself, he had an image from the area as the background on his computer for a long time. The previous owner sold the property in 2009 for sale at $27 million. The owner was facing financial difficulties, and Drake was able to buy the property in 2012 for $7.7 million.

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In 2015, he expanded his property when he bought the adjacent 1.6 acres estate at $2.8 millions. In 2018 , he extended the property yet again after he paid $4.5 million to buy another house that was located nearby. His private estate now comprises 6.7-acres of land that is contiguous located at the bottom of a small cul-de-sac which is worth 15 million dollars of real estate purchase expenses in all.

In 2016, Drake invested $6.7 million in order to purchase the plot that is located in suburb Toronto which he plans to construct a 35,000 square foot mansion in the style of a chateau. Drake also owns a condo located in the downtown area of Toronto.

In all, Drake owns at least $25 million worth of real property. His real estate investments (especially Hidden Hills) Hidden Hills compound) are likely to be worth more when his renovations are added to the mix. The Hidden Hills compound now would sell for $20-30 million by itself. To put it in perspective, a 2-acre estate within the same community was offered at $15.5 million in May of 2019.

Private Jet

In May 2019, Drake uploaded a post on Instagram, which revealed the newly acquired Boeing 767 aircraft, a private one, which Drake has named (and and painted) “Air Drake”. In the clip, Drake feels proud and elated to have the aircraft for unrestricted and clear, claiming that it’s his for the taking with “no rental and no timeshares, not even co-owners.” Similar to the model, a high-end private jet could be valued between $75 and $100 million.

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Drake’s net worth Milestones

The first time we added Drake on to Celebrity Net Worth in November 2009 with a first estimate of his net worth in the range of 1 million dollars. Drake was signed to the Lil Wayne’s Young Money just a few months prior. In 2012, his net worth was at $25 million. In 2014, his net worth was $45 million. By the end of 2016, he was at 80 million, for the very first time. With his astonishing close to $100 million earnings in 2017 he easily crossed $100 million by the beginning of 2018. In May of 2019, his net worth exceeded $150 million the first time in history.

Business Ventures

Over the years, Drake has supported a variety of major brands, most notably Sprite, Burger King, Whataburger, Nike and Apple. At the time that Apple Music launched, Drake signed an exclusive $19 million agreement. This agreement allowed Apple to become the sole initial home for Drake’s future solo music.

In 2012, Drake created OVO Sound, his own label. OVO Sound, which is managed via Warner Bros. Records. Alongside Drake OVO Sound, the label also represents OVO Sound reps music for artists like PartyNextDoor, Majid Jordan, Kash Doll, and producers like Boi-1da Future The Prince Mike Zombie and more.

The player is known as known as the “global representative” to Toronto Raptors. Toronto Raptors and hosts an annual Drake Night with the team.

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In the year 2016 Drake introduced its own line of whiskey made from bourbon named Virginia Black. It sold out of 4,000 bottles within the first week following its launch. In the following year, the company sold an additional 30000 units.

Tours

The first tour Drake headlined was in 2010’s “Away from Home Tour”. Drake has since embarked on five more headline tours throughout the year 2019. He has also co-hosted four tours, including his 2018 tour with Migos. Migos.

The 2015 “Summer Sixteen Tour” was the top-grossing hip-hop tour at the time, with a revenue of $84.3 million from 54 shows. This is an average in the range of $1.56 million per show. The Migos co-headlining tour set the record in 2018 with a profit of $80 million across 43 dates. It’s an average of $1.86 million for each concert.

Every summer, Drake puts on a concert in Toronto known as “OVO Fest” which sells out in a matter of minutes.

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Drake is a regular guest for The XS Nightclub in Las Vegas that could earn the singer $500,000 per appearance. Drake now earns over $2 million for more formal event.

Life

Drake was involved in a string of notable relationships throughout his career. He was in a relationship with Rihanna in a series of relationships between 2009 until the year 2016. He later described Rihana in the following way ” the woman I’ve been in love from the age of 22.

In the month of October, a french actor, model and actress called Sophie Brussaux gave birth to his son Adonis. Drake did not announce his fatherhood until 2018.

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