What is Drake’S Net Worth?

Drake’s Net Worth in 2024

As of 2024, Drake, the Canadian-born actor, producer, and rapper, has a net worth of $250 million. Drake has consistently been one of the highest-paid entertainers in the world. His journey to success began with his acting career on the hit Canadian television series “Degrassi: The Next Generation.” However, it was his foray into music that truly propelled him to international stardom, with hit after hit since 2006.

Early Life and Music Career

Drake, born Aubrey Drake Graham on October 24, 1986, in Toronto, Canada, started his career by releasing mixtapes in 2006. His talent caught the attention of Lil Wayne, leading to a record deal with Young Money Entertainment in 2009. His debut studio album, “Thank Me Later,” released in 2010, topped the charts and set the stage for his subsequent successes in the music industry.

Mainstream Success and Business Ventures

Since his mainstream breakthrough, Drake has earned over $430 million in his career before taxes and lifestyle costs. He has collaborated with industry giants like Kanye West, Eminem, and Jay-Z, amassing more than 180 major awards, including four Grammys. Drake’s business ventures include his record label OVO Sound, endorsements with major brands, and his own whiskey brand, Virginia Black.

Real Estate and Investments

Drake’s real estate portfolio includes properties like the YOLO Estate in Hidden Hills, California, featuring a 12,000-square-foot main house, a 2,000-square-foot party house, and luxurious amenities. He also owns a 50,000-square-foot mansion in Toronto’s Bridle Path area and a $90 million Beverly Hills mansion previously owned by Robbie Williams. Additionally, Drake owns a Boeing 767 private jet named “Air Drake.”

Drake’s Earnings and Milestones

Drake’s earnings have been substantial over the years, with milestones like signing a $19 million deal with Apple Music and grossing $84.3 million on his “Summer Sixteen Tour.” His net worth has steadily increased, surpassing $100 million by 2018 and reaching $250 million as of 2024. Drake’s success in music, business ventures, and investments has solidified his status as one of the wealthiest entertainers in the industry.

Frequently Asked Questions (FAQs)

1. How did Drake’s music career begin?

Drake’s music career began with the release of mixtapes in 2006, leading to a record deal with Young Money Entertainment in 2009 after catching the attention of Lil Wayne.

2. What are some of Drake’s notable business ventures?

Drake’s business ventures include his record label OVO Sound, endorsements with major brands like Nike and Apple, and his own whiskey brand, Virginia Black.

3. What is the significance of Drake’s real estate investments?

Drake’s real estate investments include properties like the YOLO Estate in Hidden Hills, California, and a $90 million Beverly Hills mansion, showcasing his penchant for luxury living.

4. How has Drake’s net worth evolved over the years?

Drake’s net worth has seen significant growth, surpassing $100 million by 2018 and reaching $250 million as of 2024, fueled by his music career, business ventures, and strategic investments.

5. What are some of Drake’s notable achievements in the music industry?

Drake has won over 180 major awards, including four Grammys, and holds records for selling more digital singles than any artist in history, solidifying his position as a powerhouse in the music industry.