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What is Drake’s Net Worth?
Drake is a Canadian rapper, singer, songwriter, record producer, and actor who has taken the music world by storm with his unique blend of hip-hop and R&B.
Drake first became famous for starring on the Canadian TV series “Degrassi: Next Generation” from 2001 – 2008. However, he first got his big break in the music industry when he released his debut album “Room for Improvement” in 2006.
Drake has an estimated net worth of $250 million in 2023, making him one of the richest and most successful rappers and musical artists in the world today. Drake made most of his fortune from his successful music career, brand endorsements, and independent business ventures.
In this in-depth guide, we cover EXACTLY how Drake amassed his impressive net worth.
We dive into his rise to fame, his groundbreaking music career, and his impact on the entertainment industry, as well as all the juicy details about his relationship life and lavish lifestyle.
We’ll also answer your most important questions, including:
- How did Drake transition from acting to music?
- What are Drake’s most famous songs and albums?
- What’s next for Drake’s music career in 2023 and beyond?
…And much more!
Whether you’re a long-time fan of Drake’s music, or just listening to his music for the first time, all of your questions and curiosities about Drake will be answered below.
Now let’s get started!
Drake Key Facts 2023
- Early Life: Born in Toronto, Canada in 1986.
- Acting Career: Starred on “Degrassi: The Next Generation” from 2001 to 2009.
- Musical Career: Released multiple successful albums and hit singles.
- Finances: Estimated net worth of over $180 million, named fifth-richest rapper by Forbes in 2021.
- Lifestyle: Owns several properties and a custom Boeing 767 jet.
- Family: Has a son named Adonis and is close with his mother, Sandi Graham.
- Entrepreneurship: Co-founder of record label OVO Sound and clothing line October’s Very Own.
- Philanthropy: Donated to charitable causes such as Hurricane Harvey relief and Black Lives Matter movement.
- Awards and Accolades: Won four Grammy Awards and six American Music Awards.
Drake Net Worth 2023
Drake is easily one of the most popular and successful rappers / musicians in the world.
As of 2023, Drake has an astonishing net worth of $350 million dollars. Drake made most of his fortune with acting, rapping, and various brand endorsements and business deals.
Here is a closer look at how Drake actually grew his net worth:
1. Music Career
Drake began his career as an actor on the Canadian teen drama “Degrassi: The Next Generation.” However, he started focusing on music and quickly rose to fame as a rapper.
Here are some of the highlights of his music career:
- Drake has released 9 studio albums and numerous hit singles, including “Hotline Bling” and “In My Feelings.”
- He has won 4 Grammy Awards and 27 Billboard Music Awards, making him one of the most successful musicians of all time.
- Drake has also collaborated with numerous other artists, including Rihanna and Lil Wayne, and has produced music for a wide range of artists.
In addition to his success as a recording artist, Drake has also made a significant amount of money through touring.
Here are some of the highlights of his touring career:
- Drake has gone on several successful tours, including the “Club Paradise” tour and the “Summer Sixteen” tour.
- His tours have grossed hundreds of millions of dollars, making him one of the highest-earning touring musicians of all time.
- Drake’s tours have helped him expand his fanbase and cement his status as one of the most successful musicians of his generation.
3. Business Ventures
Drake has also found success in the world of business, launching several successful businesses over the years.
Here are some of the highlights of his entrepreneurial career:
- He launched the OVO (October’s Very Own) clothing line in 2011, which has since expanded to include a range of clothing, accessories, and footwear.
- Drake also co-owns the whiskey brand Virginia Black, which has become a major player in the spirits industry.
- In addition to his own businesses, Drake has also invested in several startups and companies, including the mobile payment app Caviar.
The Ascent of Drake’s Net Worth
- 2023: $350 Million
- 2022: $320 Million
- 2021: $310 Million
- 2020: $290 Million
- 2019: $270 Million
- 2018: $250 Million
- 2017: $210 Million
- 2016: $170 Million
From Actor to Rapper: Early Life and Career Beginnings
Drake’s full name is Aubrey Drake Graham. He was born on October 24, 1986 in Toronto, Canada. He is very close with his family, and he says his parents had a massive influence on him growing up.
Here are some key points about his early life:
- Drake’s mother is Jewish and his father is Black. He has often talked about how growing up biracial in Canada shaped his experiences and identity.
- As a child, Drake acted in a few television shows, including “Degrassi: The Next Generation,” which he starred in for eight seasons. His acting career was a stepping stone for his future in music, as he gained exposure to the entertainment industry and developed a passion for performing.
- Drake’s interest in music began at a young age, with his father playing music around the house and his uncle being a drummer. He started playing the piano at age three and later learned to play the guitar.
Drake’s early music career began in 2006 when he self-released his first mixtape, “Room for Improvement.”
Here are some key points about his career beginnings:
- In 2007, Drake signed to Lil Wayne’s Young Money Entertainment label, which helped launch his career in the music industry.
- Drake’s debut studio album, “Thank Me Later,” was released in 2010 and debuted at number one on the US Billboard 200 chart. The album was a critical and commercial success, solidifying Drake’s place in the rap and hip-hop scene.
- Drake’s subsequent albums, including “Take Care” and “Views,” further cemented his status as one of the biggest names in music.
Despite his success, Drake has remained humble and grounded, often using his platform to give back to his community and support upcoming artists.
His early life and career beginnings have played an essential role in shaping his identity and music, and he continues to be a driving force in the music industry today.
Drake’s Musical Achievements and Chart-Topping Success
Drake’s musical achievements and chart-topping success are a testament to his talent and perseverance.
Over the course of his career, he has released numerous albums and singles that have dominated the charts and earned him accolades.
Here’s a closer look at Drake’s musical accomplishments:
- Room for Improvement (2006)
- Comeback Season (2007)
- So Far Gone (2009)
- Thank Me Later (2010)
- Take Care (2011)
- Nothing Was the Same (2013)
- Views (2016)
- More Life (2017)
- Scorpion (2018)
- Certified Lover Boy (2021)
- Views (2016): 4.14 million units sold
- Scorpion (2018): 3.97 million units sold
- Take Care (2011): 3.96 million units sold
- 231 songs on the Billboard Hot 100 chart, the most by any solo artist in history
- 45 songs in the top 10 of the Billboard Hot 100 chart, the most by any artist
- Six number-one albums on the Billboard 200 chart
- Four Grammy Awards
- 29 Billboard Music Awards
- Two American Music Awards
- 12 BET Awards
- Three Juno Awards
Drake’s Business Ventures, Collaborations, And Partnerships
Drake’s entrepreneurial spirit has led him to venture beyond the music industry, collaborating with various brands and investing in businesses.
Here are some highlights of his business ventures, collaborations, and partnerships:
1. Collaborations and Partnerships:
- Nike’s Jordan Brand Partnership: In 2013, Drake partnered with Nike to release a special edition of Air Jordan sneakers called the “OVO” (October’s Very Own) Jordan X.
- Virginia Black Liquor Brand: In 2015 Drake launched Virginia Black – a new liquor brand which is reportedly worth millions of dollars.
- Collaborations with Notable Artists: Drake has collaborated with several notable artists, including Rihanna, Future, Lil Wayne, and Nicki Minaj.
- Better World Fragrance House: In 2020, he announced a partnership with Live Nation and SiriusXM to create “Better World Fragrance House,” a scented candle brand.
2. Business Ventures:
- More Life Growth Company: In 2019, Drake opened a cannabis company called “More Life Growth Company” in his hometown of Toronto. The company aims to produce and distribute legal marijuana products in Canada.
- Dave’s Hot Chicken Partnership: In 2021, Drake announced a partnership with Dave’s Hot Chicken, a popular fast-food chain, to launch a new location in Toronto. He is also a co-owner of the location.
- Investment in Various Companies: In addition to his music and business ventures, Drake is also an investor in several companies, including the mobile payment app, “Flurish,” and the esports organization, “100 Thieves.”
Drake’s business ventures and collaborations have contributed significantly to his net worth, further solidifying his status as a multifaceted and successful entrepreneur.
A Peek into Drake’s Real Estate Empire
Drake’s net worth has allowed him to invest in luxurious real estate properties across the world.
Here are some highlights of his real estate empire:
- Toronto, Canada: Drake purchased a massive mansion in Toronto’s exclusive Bridle Path neighborhood in 2016 for $4.5 million dollars. The property boasts a basketball court, indoor swimming pool, and a recording studio.
- Hidden Hills, California: Drake purchased a mansion in the gated community of Hidden Hills in 2018 for $4.5 million. The property features a movie theater, a tennis court, and a swim-in grotto.
- Beverly Hills, California: Drake also owns a $6.7 million mansion in Beverly Hills, which he purchased in 2012. The property has a 24-seat movie theater, a wine cellar, and an outdoor pool with a waterfall.
- Turks and Caicos: In 2021, Drake reportedly purchased a $39.5 million mansion in the Caribbean islands of Turks and Caicos. The property is located on a cliff with a 24-foot waterfall, a beachfront infinity pool, and 10,000 square feet of living space.
Personal Life, Relationships, and Offstage Moments
Drake has a very private personal life, and not much is known about his romantic relationships.
However, here are some details about his personal life and offstage moments:
- Early Life: Drake was born Aubrey Drake Graham on October 24, 1986, in Toronto, Canada. His father, Dennis Graham, was a drummer for rock and roll star Jerry Lee Lewis, and his mother, Sandi Graham, was an English teacher and florist.
- Relationships: Drake has been linked to several famous women over the years, including Rihanna, Jennifer Lopez, and Serena Williams. However, he has kept most of his relationships out of the public eye, and it is unclear whether he is currently dating anyone.
- Fatherhood: In 2018, it was revealed that Drake had a son, Adonis, with former adult film star Sophie Brussaux. Drake kept the news of his son’s birth private for several months before confirming the rumors in his album “Scorpion.”
- Offstage Moments: In his free time, Drake enjoys playing basketball and has even been known to host pickup games with other celebrities. He is also a big fan of the Toronto Raptors basketball team and often attends their games.
Despite his private nature, Drake has still managed to build a massive fan base who admire his music and appreciate his contributions to the entertainment industry.
Philanthropic Efforts and Social Contributions
Drake has made significant contributions to various philanthropic causes and social initiatives over the years.
Here are some of his notable efforts:
- The Drake Foundation: In 2018, Drake launched his own charity organization, The Drake Foundation, with a mission to support and uplift young people through education, health, and other social initiatives.
- Donations to Community Organizations: Over the years, Drake has made several significant donations to various community organizations, including a $200,000 donation to the Hurricane Harvey relief efforts in Houston in 2017.
- Support for Marginalized Groups: Drake has also been vocal in his support for marginalized groups, speaking out against police brutality and advocating for social justice.
- “God’s Plan” Music Video: In 2018, Drake released the music video for his hit song “God’s Plan,” in which he donated the entire music video budget of $996,631.90 to various people and organizations in need.
- Partnership with Inner-City Schools: In 2021, Drake announced a partnership with Nike to provide uniforms and other resources to students at inner-city schools in Toronto.
Through his charitable efforts and social contributions, Drake has used his platform and resources to make a positive impact in his community and beyond.
Inspiring Quotes and Lessons from Drake’s Journey
- “I was born to make mistakes, not to fake perfection.” -Drake
- “Life can always change, you have to adjust.” -Drake
- “Jealousy is just love and hate at the same time.” -Drake
- “Sometimes it’s the journey that teaches you a lot about your destination.” -Drake
- “I’m not confrontational, but if someone challenges me, I’m not going to back down.” -Drake
- “When you look ahead and darkness is all you see, faith and determination will pull you through.” -Drake
- “The moment I stop having fun with it, I’ll be done with it.” -Drake
- “There will be days when I walk in an arena and people will cheer and then there might be days when I walk in an arena and people might boo, but it all sounds the same to me because it’s all just noise that lets me know that I’m relevant.” -Drake
- “I’m trying to better than good enough.” -Drake
- “Everybody has an addiction, mine happens to be success.” -Drake
Frequently Asked Questions about Drake
1. What is Drake’s real name?
Drake’s real name is Aubrey Drake Graham.
2. How old is Drake?
Drake is 36 years old. He was bon on October 24, 1986 in Toronto, Canada.
3. What is Drake’s net worth?
As of 2023, Drake has an estimated net worth of $350 million.
4. Where is Drake from?
Drake was born and raised in Toronto, Ontario, Canada.
5. What is Drake’s most successful album?
Drake’s most successful album to date is “Views.” This album was released in 2016 and has sold over 4 million copies worldwide.
6. Has Drake won any Grammy Awards?
Yes, Drake has won four Grammy Awards throughout his career.
7. Is Drake involved in any philanthropic work?
Yes, Drake has been involved in various philanthropic efforts throughout his career, including donating to charities such as Hurricane Harvey relief efforts, Black Lives Matter, and COVID-19 relief.
Conclusion | Drake Net Worth 2023
So what’s the verdict… what is Drake’s net worth in 2023?
Drake has an estimated net worth of $350 million in 2023. He made most of his money through a combination of acting, rapping, touring, and brand collaborations with Nike and other major brands.
He also owns several businesses including a Canadian cannabis company a private liquor brand.
Here are some key facts about his life:
- One of the most successful rappers in the world, with a total of 9 studio albums.
- Owns several companies in North America, and has performed countless collaborations with major brands.
- Has one child with former adult entertainer Sophie Brussaux.
Today Drake is one of the biggest celebrities and success icons in the world.
He serves as a source of inspiration for anyone looking to become successful and make a name for themselves!