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Drake Net Worth In 2023 - A Tale Of Talent, Tenacity, And Tremendous Earnings

Nevertheless, he began his acting career in 2000. He has participated in a number of performances and motion pictures, which has increased his success. Ramble with us to stay up to date on Drake net worth and his earnings over time.

Adaline Fritz
Oct 09, 20233674 Shares146963 Views
The world is quite familiar with Drake, and everyone enjoys his profession. He is one of the most popular rappers working today. Drake, a singer and songwriter as well, debuted in the music industry in 2006.
Nevertheless, he began his acting career in 2000. He has participated in a number of performances and motion pictures, which has increased his success. Ramble with us to stay up to date on Drake net worthand his earnings over time.

Quick Info

Full NameAubrey Drake Graham
Date Of BirthOct 24, 1986
Place Of BirthToronto
GenderMale
ProfessionActor, Singer, Songwriter, Rapper, Voice Actor, Composer, Record producer
NationalityCanada
Net Worth$250 Million
Height6 ft (1.83 m)
Salary$70 Million Per Year

Early Life And Education

In Toronto, Canada, on October 24, 1986, Aubrey Drake Graham. Throughout his career, Drake's father Dennis played drums for artists like Jerry Lee Lewis. Sandra, alias Sandi, Drake's mother, was a florist and an English teacher. Drake went to a Jewish day school and celebrated his Bar Mitzvah in a ceremonial ceremony. When Aubrey was five, Sandi and Dennis got divorced.
His father then relocated to Memphis, where he finally ended up being detained on drug-related charges for a number of years. Even though Aubrey visited his father in Memphis every summer (when his father was not in jail), he continued to live with his mother in Toronto. Drake would subsequently allege that Dennis was missing while he was a youngster, charges that Dennis has passionately refuted and claimed were inflated to sell albums.
From sixth grade on, Drake and his mother resided on the ground floor of a two-story townhouse in Forest Hill, a wealthy neighborhood. Drake lived in the basement, while his mother resided on the first floor. They were not wealthy; in fact, they were in dire straits. Drake discovered an interest in singing and acting while attending Forest Hill Collegiate Institute. His bi-racial and religious heritage led to bullying when he was a student at Vaughan Road Academy. He briefly left school before finally earning his degree in 2012.

Music Career

Drake singing
Drake singing
In 2006, Aubrey, who at this point was using his middle name "Drake" as his stage persona, started distributing mixtapes. He was inspired by rap legends like Jay-Z who obtained record agreements after becoming popular as independent artists. His first mixtape "Room for Improvement" was made available on his website and official MySpace page in February 2005.
More than 6,000 copies were directly sold by him. The following year, he released "Comeback Season," his second mixtape. Through his own newly established record label October's Very Own (also known as OVO Records), he distributed the mixtape. A successful underground song by the name of "Replacement Girl" was included on this mixtape. The song's music video was the first time a Canadian rapper without a record deal had a video shown on BET.
The song "Man of the Year" by Brisco, Flo Rida, and Lil Wayne was sampled in one of the songs. Jas Prince, a producer located in Houston and the founder of Rap-A-Lot Records, heard the song and sent it to Lil Wayne. Drake was pleased and phoned Lil Wayne to invite him to join his Tha Carter III tour in Houston. Drake and Wayne composed and recorded a number of songs during the course of the tour, including "Brand New," "Forever," and "Ransom."

Highlights

Here are some of the best highlights from Drake’s career so far:
  • BET Hip-Hop Awards– Rookie of the Year (2009)
  • BET Hip-Hop Awards– MVP of the Year (2010)
  • Juno Awards– New Artist of the Year (2010)
  • Songwriter’s Hall of Fame– Hal David Starlight Award (2011)
  • BET Awards– Best Male Hip-Hop Artist (2010, 2012, 2014, 2016)
  • Grammy Awards – Best Rap Album (Take Care, 2013)
  • American Music Awards– Favorite Rap/Hip-Hop Artist (2016)
  • American Music Awards – Favorite Rap/Hip-Hop Album (Views, 2016)
  • MOBO Awards– Best International Act (2016)
  • BRIT Awards– International Male Solo Artist (2017)

Relationships Of Drake

Over the years, Drake has been in a number of well-known partnerships. He had sporadic relationships with Rihanna from 2009 through 2016. Later, he would call Rihanna "the woman I've been in love with since I was 22 years old." Adonis was born in October 2017 to Sophie Brussaux, a French model, actor, and artist. Till 2018, Drake has not acknowledged paternity.

Universal Music Group Contract

Drake smoking hookah
Drake smoking hookah
Drake was once again signed by Universal Music Group to a "long-term worldwide partnership" in May 2022. According to the business, the agreement included "recorded music to music publishing, film, television, and brands." In a handful of his songs, Drake has hinted to this agreement. He rapped in one song about agreeing to a transaction that included "360 up front."
Some people have interpreted the phrase to suggest that the transaction paid him $360 million up front in light of Universal's announcement. According to some estimates, the transaction is worth at least $400 million. Prior to signing, the corporation had been earning $50 million a year in income from only Drake's song repertoire. Drake would have potentially received $200 million up front after taxes if the transaction had really been worth $400 million.

Television Show "Degrassi: The Next Generation"

Drake was given the opportunity to appear in the enduring Canadian adolescent drama television series "Degrassi: The Next Generation" when he was 15 years old thanks to the acting agent father of a childhood friend. He portrayed Jimmy Brooks, a basketball player who lost his ability to walk after being shot by a classmate, on the program.
From seasons 1 through 7, he was a cast member, and in 2008, he made guest appearances. Drake's mother was unwell and was unable to work when he was starring on Degrassi. For some years, his Degrassi salaries served as their only source of income. He was being paid $50,000 annually for the program at the time. After taxes, it works out to almost $2,000 each month. Later, he would go on to say the following about this time:
My mother was very sick. We were very poor, like broke. The only money I had coming in was off of Canadian TV.

Young Money Entertainment

Contrary to what you would think, Drake was not yet a signed artist to Wayne's record company. 2009 saw the release of his third mixtape, "So Far Gone." On his OVO website, he offered the mixtape as a free download. The mixtape had cameos by Bun B, Lil Wayne, Trey Songz, Lloyd, Omarian, and Omarian.
The mixtape finally 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, who was still a self-employed musician, was suddenly in great demand in the music business.
Different labels competed against each other in a bidding war to sign him. Although it hasn't been verified, the desperation has been called "the biggest bidding war in music history." Drake entered into a deal 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 Universal Music handling distribution.

Mainstream Success

On June 15, 2010, Drake's "Thank Me Later" first studio album was made available. Both Canada and the US ranked the 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 finally 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. One of the most prominent and influential figures in hip-hop and the music industry at large is Drake.
Numerous of the greatest names in the music business, including Kanye West, Eminem, Jay-Z, and Travis Scott, have collaborated with him. Numerous awards have nominated Drake. At the time of writing, he had received more than 40 nominations and had won more than 180 prestigious prizes, including four Grammys. A Drake performance often brings about $1 million.

Singles Sold

Drake wearing a burgundy suit
Drake wearing a burgundy suit
Drake is the artist with the most digital single sales in history. He has sold more than 163 million digital singles as of this writing. That is 40 million more than Rihanna, who came in second. With an estimated 26 million records sold, is the 80th best-selling artist of all time in terms of album sales. He now ranks behind Celine Dion(50 million) and Shania Twain(48 million) as Canada's best-selling artist all-time.

Drake Net Worth

Drake has a $250 million net worth. One of the highest-paid performers in the world on a constant basis is Drake. Drake made his acting debut on the popular Canadian television program "Degrassi: The Next Generation" towards the beginning of his career. He would become well-known around the globe, nevertheless, thanks to his music, which he has been creating or recording since 2006.
In 2010, his first studio album, "Thank Me Later," debuted at the top of the hip-hop charts, and he hasn't stopped since. He has relentlessly travelled, made several appearances on awards ceremonies and music programs, and has generally concentrated on gaining as many fans as he can. Drake's professional earnings, before taxes and lifestyle expenses, total more than $430 million since he first achieved global recognition.
During 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 during the next 12 months. For a complete breakdown of Drake's yearly earnings, scroll down.

Drake's Net Worth Milestones

Drake Net Worth in 2023$250 Million
Drake Net Worth in 2022$230 Million
Drake Net Worth in 2021$200 Million
Drake Net Worth in 2020$170 Million
Drake Net Worth in 2019$150 Million
Drake Net Worth in 2018$132 Million

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

Real Estate Properties

YOLO Estate

Drake, who was really born in Canada, moved to Hidden Hills, California in 2012 after paying $7.7 million in cash to the previous owner of the Saddle Ranch Bar in Los Angeles for an opulent residence. The property, also known as the YOLO Estate, has many 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 biggest privately owned swimming pools are among the amenities on the estate. His lagoon-like pool wraps around the house's façade and includes a grotto in the form of a Playboy mansion, multiple waterfalls, a swim-up bar, and an 80-foot water slide.
Drake said in a Rolling Stone article that he had his eye on this property for years after seeing it while searching for "craziest residential swimming pools" online. He had a picture of the pool on his computer's wallpaper for years, which served as incentive. The home's previous owner offered it for $27 million in 2009. In 2012, the previous owner was in financial trouble, so Drake rushed in and purchased it for $7.7 million.
He expanded his property in 2015 by spending $2.8 million to purchase the adjacent 1.6-acre estate. He added more space to the property in 2018 by spending $4.5 million to purchase yet another adjoining home. His private estate currently includes 6.7 acres of connected land at the end of a cul-de-sac, representing a $15 million investment in real estate alone.
In March 2022, Drake put the YOLO Estate up for sale for $22.7 million. The major residence might possibly be purchased for $14.8 million by a buyer. NFL player Matthew Stafford purchased two of the three houses that originally comprised the YOLO Estate for $11 million in April 2022 (3.6 million more than the asking price). The main "YOLO" home was not among Matthew's two acquisitions. A purchaser paid $12 million for the third lot in July 2022.

Toronto Mansion

Drake paid $6.7 million for a piece of property in the The Bridle Path neighborhood of suburban Toronto in 2016. On the two acres of land, he started construction on a 50,000 square foot home. The home has 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. In addition, he has an apartment in Toronto's downtown.

Beverly Hills Mansion

On March 8, 2022, it was revealed that Drake had reached an agreement to purchase the 20-acre Beverly Hills estate of British musician Robbie Williams. In an off-market transaction, Drake paid $75 million. Drake put the Beverly Hills house on the market for $88 million in May 2023, little over a year after paying $75 million for it.

Private Jet Of Drake

Drake showed his recently purchased Boeing 767 private plane, which he has named (and painted) "Air Drake" in a video posted on Instagram in May 2019. Drake is shown in the video asserting that he is the only owner of the plane, with "no rental, no timeshare, no co-owners." A decent private airplane of a comparable kind would cost between $75 and $100 million.

Business Ventures

Drake has supported several well-known companies throughout the years, most notably Sprite, Burger King, Whataburger, Nike, and Apple. Drake agreed to a $19 million exclusivity pact at the time Apple Music debuted. Drake's next solo releases will now only be available at Apple thanks to this agreement. Drake established his own record company, OVO Sound, in 2012; Warner Bros.
Records is the label's distributor. OVO Sound now represents the music of artists including PartyNextDoor, Majid Jordan, Kash Doll, and producers like Boi-1da, Future the Prince, Mike Zombie, and others in addition to Drake. He serves as the Toronto Raptors' "global ambassador" and holds an annual Drake Night with the group. Virginia Black, Drake's own line of bourbon-based whiskey, was introduced in 2016. Four thousand bottles were sold in the first week the business was open. The business supplied an additional 30,000 units later in the year.

Tours Of Drake

Drake wearing a black t-shirt
Drake wearing a black t-shirt
Drake has supported several well-known companies throughout the years, most notably Sprite, Burger King, Whataburger, Nike, and Apple. Drake agreed to a $19 million exclusivity pact at the time Apple Music debuted. Drake's next solo releases will now only be available at Apple thanks to this agreement.
Drake established his own record company, OVO Sound, in 2012; Warner Bros. Records is the label's distributor. OVO Sound now represents the music of artists including PartyNextDoor, Majid Jordan, Kash Doll, and producers like Boi-1da, Future the Prince, Mike Zombie, and others in addition to Drake. He serves as the Toronto Raptors' "global ambassador" and holds an annual Drake Night with the group.
Virginia Black, Drake's own line of bourbon-based whiskey, was introduced in 2016. Four thousand bottles were sold in the first week the business was open. The business supplied an additional 30,000 units later in the year.

Interesting Facts

  • Before rising to music stardom, Drake was well-known for his role as Jimmy Brooks on the TV series "Degrassi: The Next Generation."
  • Drake's father, Dennis Graham, had a musical background as a drummer for the legendary musician Jerry Lee Lewis.
  • As the global ambassador for the Toronto Raptors, Drake is a passionate supporter of the NBA team.
  • "So Far Gone," a mixtape released in 2009 by Drake, played a pivotal role in launching his music career with hit singles like "Best I Ever Had."
  • Drake has secured numerous Billboard chart records, including holding the record for the most charted songs by a solo artist in the history of the Billboard Hot 100.
  • Over the years, Drake has earned multiple Grammy Awards, including recognition in categories like Best Rap Song and Best Rap Album.
  • Drake founded the record label OVO Sound, which has signed notable artists such as PARTYNEXTDOOR and Majid Jordan.
  • Known for his philanthropic efforts, Drake has made substantial donations to various causes and famously gave away nearly $1 million to individuals in need in his "God's Plan" music video.
  • Drake often blurs the line between mixtapes and albums, with some of his mixtapes achieving commercial success on par with traditional studio albums.
  • Drake's dance moves in music videos and performances, like the iconic "Hotline Bling" dance, have become widely recognized and frequently imitated in popular culture.

FAQs About Drake

What Are Some Of Drake's Albums?

Some of Drake's albums include "Take Care," "Views," "Scorpion," and "Certified Lover Boy."

Is Drake Involved In Philanthropy?

Yes, Drake is known for his philanthropic efforts, including significant donations to various causes and charitable acts.

What Is Drake's Most Famous Song?

Drake has many hit songs, but "Hotline Bling," "God's Plan," and "In My Feelings" are among his most famous tracks.

Conclusion

In conclusion, Drake, whose real name is Aubrey Drake Graham, is a highly influential and successful Canadian artist known for his versatile career in music, acting, and entrepreneurship. With a background in both acting and music, he gained fame through his role on "Degrassi: The Next Generation" before transitioning into a prominent music career.
Drake's chart-topping singles and albums, numerous Grammy Awards, and record-breaking achievements on the Billboard charts have solidified his status as one of the most prominent figures in the music industry. He is also the founder of OVO Sound, a record label that has signed talented artists.
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