Drake Net Worth: $250 Million For 2023

Drake, a Canadian singer, rapper, and actor, is regarded as one of the biggest pop singers and richest rappers in the world. He has accomplished a lot in his life, and he possesses enormous zeal and stardom. He is one of the few rappers from a country other than America to elevate the level for hip-hop.

Fans all over the world like reading and watching about Aubrey Drake Graham, despite the fact that he is a private person. In this review, we are going to take a look a Drake’s biography, career life and find out what his actual earnings and net worth is.

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Drake Net Worth: $250 Million For 2023 10

Drake Net Worth

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What is Drake’s net worth?

Currently, Aubrey Drake’s net worth is $250 Million and this makes him one of the most successful rappers at present along with Dr Dre, who’s worth $850 Million.

Drake net worth growth began in 2009 after he signed with Lil Wayne’s record company and had a net worth of $1 million. His net worth reached $25 million in 2012, went up by about $45 million in 2014, and surpassed $80 million by the end of 2016.

Drake easily surpassed $100 million at the beginning of 2018 with his near-$100 million earnings in 2017. His net worth surpassed $150 million in 2019 and it has been going up ever since.

Real Estate Holdings

Drake moved to Hidden Hills, California, in 2012 after paying $7.7 million in cash to the previous proprietor of Saddle Ranch Bar in Los Angeles for an opulent property. Drake has real estate holdings worth at least $100 million.

The property, also known as the YOLO Estate, has several homes, including a 12,000 square foot main house and a 2,000 square foot party house. A full-sized basketball court, a sand volleyball court, a 25-person movie theater and one of Southern California’s largest privately owned swimming pools are among the amenities on the estate.

Drake's House

It has a lagoon-like pool that loops around the house’s exterior, several waterfalls, a swim-up bar, a grotto in the form of a Playboy mansion, and an 80-foot water slide.

He purchased the adjacent 1.6-acre estate for $2.8 million in addition to the $4.5 million he spent buying yet another adjoining home.

His private estate also includes 6.7 acres of connected land at the end of a cul-de-sac. In 2022, Drake put the YOLO Estate up for sale for $14 million. He sold it for significantly less than that later that year.

Drake paid $6.7 million for a piece of land in the The Bridle Path neighborhood of suburban Toronto in 2016. On the two acres of land, he started construction of a 50,000 square foot home that includes a 10-car garage, an NBA-sized basketball court, a gym, an awards room, and many other amenities. 3,200 square feet are devoted to the master bedroom alone.

On March 8, 2022, Drake reached an agreement to purchase the 20-acre Beverly Hills estate of British musician Robbie Williams. The sum Drake paid in an unlisted transaction was around $70 million. Drake has a condo in Toronto’s downtown too.

Cars and Boeing 767

Drake Rolls Royce

Drake owns a Porsche, Rolls Royce, Mercedes Maybach, Cadillac Escalade and a Lamborghini Aventador, among other cars.

Drake also owns a wide-body Boeing 767, which is typically utilized by airlines for lengthy passenger and cargo flights. Drake received his plane as a gift from the Canadian logistics company CargoJet as part of a marketing initiative, despite the fact that the retail price of such a plane is reportedly $260 million.

Drake's Boeing 767

He was given a freighter that had previously been an empty shell. He reportedly spent millions of dollars installing wide-screen TVs, plush carpets, leather sofas, and lavish bathrooms. Also, he had his distinctive “OVO” owl painted on the side of the aircraft in light blue paint and named it the Air Drake.

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Early life

Aubrey Drake Graham was born in Toronto, Canada on October 24, 1986. Dennis Graham, Drake’s father, was a drummer who spent his career playing with artists like Jerry Lee Lewis.

Baby Aubrey

Sandra, sometimes known as Sandi, was Drake’s mother and worked as both an English teacher and a florist. Drake went to a Jewish day school because his mother was a White Canadian Jew while his father was an African-American Catholic.

Drake’s parents separated when he was five years old. After moving to Memphis, his father was ultimately arrested and imprisoned for a number of years on drug-related charges.

Although he saw his father when he was no longer incarcerated in Memphis every summer, he continued to live with his mother in Toronto and his father was largely absent in his early years

Drake and his mother resided at the bottom floor of a two-story townhouse in the upscale neighborhood of Forest Hill starting in the sixth grade. Drake stayed in the basement, while his mother occupied the floor closest to the street. They were not wealthy; in fact, money was scarce.

Drake discovered a talent for singing and acting while he was a student at Forest Hill Collegiate Institute. Afterwards, he went to Vaughan Road Academy, where he was teased because he was bi-racial and of a different religion. He briefly stopped attending school but eventually finished in 2012.

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Career

When Drake was 15 years old, his father’s childhood friend who was an acting agent helped him get a part on the enduring Canadian teen drama television series “Degrassi: The Next Generation.”

Drake Net Worth: $250 Million For 2023 11

He portrayed Jimmy Brooks in the series, a basketball player who lost his ability to walk after being shot by a student. He was a cast member from seasons 1 through 7 and he appeared in 2008 as a guest star.

Drake’s mother fell unwell and was unable to work while he was working on Degrassi. For several years, his Degrassi salaries served as their sole source of income. He was being paid $50,000 annually for the show at the time. After taxes, that worked out to almost $2,000 each month.

Music career

Drake has claimed that Jay-Z was a significant inspiration to him to join the hip hop industry and that he has always had a genuine passion for music. He began going by his stage name, ‘Drake’ and released his first mix tape in 2005.

This first mixtape, “Room for Improvement,” was made available on his website and official MySpace profile in February 2005. More than 6,000 copies were directly sold. The following year, he released “Comeback Season,” his second mixtape.

Under his own recently established label October’s Very Own (aka OVO Records), he distributed the mixtape. This mixtape contained the song “Replacement Girl,” which went on to become a popular underground hit.

The song’s music video was the first time a Canadian rapper without a record deal had a video shown on BET. One rendition of the song included a sample from Brisco, Lil Wayne and Flo Rida’s “Man of the Year.”

Jas Prince, a producer located in Houston and the founder of Rap-A-Lot Records, heard the song and sent it to Lil Wayne. Lil Wayne was impressed and called Drake to invite him to join his Tha Carter III tour in Houston.

Drake and Wayne went on to compose and record a number of songs throughout the course of the tour, including “Brand New,” “Forever,” and “Ransom.” Aubrey was not yet signed onto Lil Wayne’s record label during the tour.

In 2009, Drake released his third mixtape, “So Far Gone” and he offered the mixtape as a free download on his OvO website. The mixtape had cameos by Bun B, Lil Wayne, Trey Songz, Lloyd, Omarian, and Omarian.

The mixtape eventually received RIAA Gold certification after being downloaded 2000 times in its first hour and reaching a peak position of #2 on the Billboard Hot 100. Eventually, the mixtape was turned into an EP, which debuted at number six on the Billboard 200 and took home the 2010 Juno Award for Rap Recording of the Year.

Drake entered into a contract with Lil Wayne’s Young Money Entertainment on June 29, 2009. Young Money and its parent firm Cash Money collaborated on the record contract, with the Universal Music group handling distribution.

On June 15, 2010, Drake’s debut studio album, “Thank Me Later,” was made available. Both Canada and the US ranked this debut album at #1. It reached the top spot on the Billboard 100, the R&B/Hip Hop, and the US Rap charts in the US. The RIAA eventually awarded it Platinum certification.

Take Care, his second studio album from 2011, debuted at #1 in a number of countries and finally achieved 6-times Platinum status.

Since then, every album has received at least four Platinum awards.

Several of the biggest names in the music business including Kanye West, Eminem, Jay-Z and Travis Scott, have collaborated with him.

The “Away From Home Tour” in 2010 was Drake’s debut headlining tour. Through 2019, he started five more headline tours and co-headlined four tours, including the one he did in 2018 with the rap group Migos.

The rapper’s “Summer Sixteen” tour, which earned the title of highest-grossing in hip-hop history, added to his $260 million fortune. Rapper Future, a friend of Drake’s from the hip-hop genre, joined him on stage for the majority of the tour.

Between July and October, they performed together on 54 shows across the United States. According to sources, ticket sales generated $85 million.

Drake has received more than 40 nominations and has won lots of prizes, including four Grammys. Drake earns about $3 million per concert performance.

Drake has sold more than 37 million album units since 2014 making him the third best-selling Canadian musician of all time behind Shania Twain (48 million) and Celine Dion (50 million).. According to estimates, without touring, his music generates $50 million annually.

He is also the artist with the most digital single sales in history. He has sold more than 163 million digital singles as of this writing.

Although details of Drake’s most recent recording agreement with Universal Music Group, which was completed in 2021, are murky, sources and Drake’s own lyrics on ‘Lemon Pepper Freestyle’ and ‘Scary Hours 2’ indicate that the deal closed for an unbelievable sum of about $360 million.

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Investments and brand deals

Drake established his own record company, OVO Sound, in 2012 with Warner Bros. Records as the label’s distributor. Today, OVO Sound represents songs for artists like PartyNextDoor, Majid Jordan, Kash Doll and producers like Boi-1da, Future the Prince, Mike Zombie and others in addition to Drake.

Drake publicly supported Jay-streaming Z’s service “Tidal” in 2015 before converting to a brand promotion of Apple Music. He signed a $19 million exclusivity deal with Apple Music which allowed Apple to be the exclusive initial home of all of Drake’s future solo releases.

His other brand agreements include the December 2020 release of the “Nocta” clothing collection from Nike, which includes sweatshirts, socks, and puffer jackets. March 2022 saw the addition of shoes to the “Nocta” line, notably the “Hot Step” in two colours.

Virginia Black, a high-end whiskey brand that Drake created in 2016 with former banker Brent Hocking, sold 30,000 cases in its first calendar year.

Drake also currently holds a residency at the XS Nightclub in Las Vegas, where he has the potential to make $500,000 for a single performance.

The rapper revealed in November 2019 that he had partnered with Canadian Canopy Growth Company and intended to cultivate top-quality cannabis in Drake’s own hometown.

Although the company’s items haven’t yet hit the market, Drake’s iconic stature in pop culture will undoubtedly secure its success. He discloses holding a 60% ownership in the business.

Furthermore, he serves as the Toronto Raptors’ global ambassador and holds an annual Drake Night with the group. To add to that, every year, Drake organizes the wildly popular “OVO Fest” festival in Toronto.

For their match against bitter rival Real Madrid in October 2022, the Barcelona soccer club wore a jersey with Drake’s owl logo. Spotify, the official sponsor of the Barcelona tournament, wanted to recognize the singer for being the first artist to ever receive 50 billion streams on their platform.

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Awards and Nominations

Drake received his First Grammy award in 2017 when he won Best Rap Album then proceeded to win three other Grammys; two in 2017 and one in 2019 for Best Rap Song and Best Melodic Rap performance

He also won the Billboard Music Award for Top Artist in 2017, 2019 and 2020 and the Billboard Music Award for Artist of the decade in 2021.

Personal life

Over the years, Drake has been in a number of high profile relationships. He has had sporadic relationships with Rihanna from 2009 through 2016. Later on, he would claim that Rihanna was the woman he has been in love with since he was 22.

Adonis. Drake’s son, was born in October 2017 to Sophie Brussaux, a French model, actor and artist. Drake did not acknowledge fatherhood until 2018.

Drake has dual citizenship in both America and Canada due to his parent’s varying ethnicities. He is 36 years old and proudly Jewish with a height of 6’0.

Conclusion

Aubrey Drake, currently among the richest rappers in the world, has a net worth of $250 million. Drake’s professional earnings, before taxes and lifestyle expenses, total to more than $430 million since he first achieved global recognition.

Over the period of June 2017 to June 2018, Drake made $45 million. He made $95 million in total revenue in 2017. He made $75 million from June 2018 to June 2019. He made $50 million over the ensuing one year.

His success is owed to his talent, consistency of quality music and dedication. It shows that with enough effort and hard work, dreams can come true.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

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Drake Net Worth: $250 Million For 2023 10

David Fortune

David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.

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