Drake, whose real name is Aubrey Drake Graham, is a Canadian rapper, singer, songwriter, actor, and entrepreneur. He has been a fixture in the music industry for over a decade, releasing hit after hit and collaborating with some of the biggest names in the industry. His talent and hard work have made him one of the wealthiest artists in the world, with an estimated net worth of over $180 million. In this article, we will explore Drake’s net worth, earnings, and properties, as well as answer some frequently asked questions about the rapper.
Drake is one of the most successful musicians in the world, with a career that spans over a decade. He has won numerous awards and broken records with his music, and has amassed a significant fortune in the process. In this article, we’ll take a closer look at Drake’s net worth, how he made his money, and answer some frequently asked questions about the rapper.
Drake’s Net Worth
Drake’s net worth is estimated to be around $180 million, according to Celebrity Net Worth. He has earned his fortune through his music career, which includes album sales, streaming revenue, tours, merchandise sales, and endorsement deals. Additionally, Drake has invested in several businesses, including Virginia Black Whiskey and the Toronto Raptors basketball team.
What are the main sources of Drake’s wealth?
As mentioned, Drake’s main sources of wealth are his music career and business ventures. He has released several successful albums and singles, with his most recent album “Certified Lover Boy” breaking streaming records upon its release. Drake has also gone on several tours, including the “Aubrey and the Three Migos” tour in 2018, which grossed over $79 million. In addition to his music career, Drake has invested in several businesses, including Virginia Black Whiskey, which he co-owns with Brent Hocking, and the Toronto Raptors, for which he serves as a global ambassador.
Drake’s Earnings
Drake is one of the highest-paid musicians in the world, with Forbes estimating his earnings at $75 million in 2020. The majority of his earnings come from his music career, but he also makes money through his business ventures and endorsement deals.
How Did Drake Make His Money?
Drake’s music career started in 2006 when he released his first mixtape, “Room for Improvement.” He quickly gained a following and signed a record deal with Lil Wayne’s Young Money Entertainment. Drake’s debut album, “Thank Me Later,” was released in 2010 and was a commercial success, debuting at number one on the Billboard 200.
Since then, Drake has released several more albums, including “Take Care,” “Nothing Was the Same,” and “Scorpion,” all of which have been commercial successes. He has also embarked on multiple world tours and has collaborated with some of the biggest names in the music industry.
In addition to his music career, Drake has also made money from endorsements. He has had partnerships with brands such as Nike, Apple Music, and Burger King, among others. Drake also has his own clothing line, OVO (October’s Very Own), which has been successful.
How much does Drake make per concert?
Drake’s earnings per concert vary, depending on the size of the venue and the ticket prices. According to Pollstar, Drake’s average ticket price for his “Aubrey and the Three Migos” tour was $118, and he sold an average of 16,000 tickets per show. Based on these figures, he likely earned over $1.8 million per show.
What are Drake’s most lucrative endorsement deals?
Drake has several lucrative endorsement deals, including his partnership with Nike’s Jordan brand, which has resulted in several limited-edition sneakers that have sold out within minutes. He also has partnerships with companies such as Apple Music, Sprite, and Virginia Black Whiskey.
Drake’s Properties
Drake owns several properties around the world, including homes in Toronto, California, and Hidden Hills, California. His most notable property is his custom-built mansion in Toronto, which is valued at over $100 million and features amenities such as a basketball court, a recording studio, and a rooftop terrace with a hot tub.
How much did Drake’s Toronto mansion cost?
Drake’s Toronto mansion reportedly cost over $100 million to build, according to Architectural Digest. The 50,000-square-foot property features several luxurious amenities, including a basketball court, a recording studio, and a 10-car garage.
Does Drake own any other properties?
Yes, Drake owns several other properties, including a $6.7 million mansion in Hidden Hills, California, and a $7.7 million mansion in Toronto’s Bridle Path neighborhood.
FAQs About Drake’s Net Worth
Q: Is Drake a billionaire?
A: No, Drake is not a billionaire. His net worth is estimated to be around $200 million.
Q: What is Drake’s highest-grossing tour?
A: Drake’s highest-grossing tour to date is the “Aubrey & The Three Migos Tour,” which grossed over $79 million.
Q: What is Drake’s most successful album?
A: Drake’s most successful album is “Views,” which has sold over four million copies in the United States alone.
Q: Does Drake own a private jet?
A: Yes, Drake owns a private jet, which he purchased in 2019 for an estimated $185 million.
Conclusion
Drake has had an incredibly successful career in the music industry, which has translated into a significant net worth. His music, tours, merchandise, and endorsements have all contributed to his wealth. While he may not be a billionaire, he is still one of the richest rappers in the world. As he continues to release music and embark on tours, it’s likely that his net worth will continue to grow.
Drake’s talent, hard work, and business acumen have made him one of the wealthiest musicians in the world, with an estimated.
