Drake’s Net Worth: How He Made His Fortune
Drake Net Worth
Drake is a Canadian rapper, singer, songwriter, producer, and actor. He is one of the world’s best-selling music artists, with over 150 million records sold worldwide.
Drake’s net worth is estimated to be $250 million, and he is among the highest-paid entertainers.
How Drake Made His Fortune
Drake’s fortune comes mainly from his successful music career. He has released several chart-topping albums and singles and has collaborated with some of the biggest names in the music industry.
He has also embarked on a successful acting career, appearing in films and television shows such as Degrassi: The Next Generation and Ice Age: Continental Drift.
In addition to his musical and acting endeavors, Drake owns his clothing line and has also made money through many other endorsements.
Universal Music Group Mega Deal?
Reports suggest The superstar hit-maker has finalized a “mega-deal” with Universal Music Group that could net him upwards of $400 million when all is said and done.
An official figure is yet to be disclosed! But industry insiders say it will cover recordings (including his album “Take Care,” which was released last year). Publishing rights and merchandise and visual media projects like music videos, for example, so we’ll have more info soon!
Early Life in Toronto
Aubrey “Drake” Graham was born on October 26th, 1986, to a Canadian Jewish woman(Sandra) and an African-American man (Dennis Graham).
Drake lived on the west side of Toronto with his mother after she parted ways with Drake’s father.
Dennis was a drummer for rock n roll piano king Jerry Lee Lewis and moved to Memphis after the split. Drake would spend his summers with his father in Memphis.
Drake felt isolated during high school because almost all white people didn’t understand what it felt like to be black and Jewish.
Drake attended a Jewish day school in Forest Hill, having his Bar Mitzvah at 13. Drake has made it clear that he is proud to be Jewish and enjoys celebrating holidays with his family.
He occasionally posts Instagram photos of Passover or Hanukkah gatherings on social media, which shows how much this tradition means to him!
Drake’s Acting Career
Drake’s acting career began in 2001 when he starred as Jimmy Brooks on the Canadian teen drama series Degrassi: The Next Generation.
He played the role for seven years before leaving the show to pursue his music career full-time.
Drake also played the voice of Ethan, a teen mammoth in the hit animation Ice Age: Continental Drift!
Drake’s Musical CareerEmbed from Getty Images
He released his first mixtape, Room for Improvement, in 2006. He followed that with the 2007 release of another called Comeback Season on OVO’s imprint (Later shortened).
Drake had caught the attention of Jas Prince, son of Rap-A-Lot Records founder James Prince. He was so impressed that he decided to play to Lil Wayne himself!
In 2008, producers of Degrassi overhauled the cast. They eliminated Drake’s character, leaving him nearly jobless because he wasn’t yet making significant money as a rapper.
After recording and touring several songs with Lil Wayne, Drake released his third mixtape, So Far Gone, in February 2009.
In mid-2009, Drake signed a record deal with Lil Wayne’s Young Money Entertainment record label and reportedly received a $2 million advance.
Aubrey Drake Graham, aka Drake, released his debut studio album Thank Me Later in 2010, which debuted at number one on the US Billboard 200, selling 447,000 copies in the first week and was soon certified platinum.
His subsequent two releases, 2011’s Take Care and 2013’s Nothing Was the Same, were critically and commercially successful.
Earning Drake his first Grammy Award for Best Rap Album and the latter his second.
In 2015, he released two mixtapes- If You’re Reading This It’s Too Late, and a collaboration with Future called What a Time to Be Alive – both earned platinum certification in the U.S.
Number 4 of Drake’s studio albums, Views (2016), broke several chart records. It became the first album by a male solo artist to reach number one in the United States, Canada, and the United Kingdom simultaneously.
The album’s lead single, “One Dance,” topped the charts in several countries, becoming Drake’s first number-one single as a lead artist.
His subsequent two releases, More Life (2017) and Scorpion (2018), were also successful.
Drake has won four Grammy Awards, three Juno Awards, and thirteen BET Awards and holds multiple Billboard chart records.Embed from Getty Images
Drake holds the record for the most number-one songs in rap with 23. His 54 top 10 hits are more than any other artist, and he’s still going strong!
The Recording Industry Association of America (RIAA) officially announced Drake as the top certified singles artist, with 142 million certified units.
Drake has also broken several streaming records. He first set the one-day streaming record on Spotify in 2018 with 132 million streams with his album Scorpion.”
Drake has become the first artist on Spotify to have 150 songs with over 100 million streams.
Endorsements and Business Ventures
Drake first signed a deal with Nike worth $10 million in 2013. He has also endorsed products such as Beats by Dre, Virgin Mobile, and Sprite, all adding to Drake’s net worth.
The Drake-branded clothing line, OVO was launched in 2011. The collaborations began with Roots Canada and produced several parkas for the company and other items like jackets or T-shirts.”
Drake has collaborated with some of the world’s biggest brands and is an ambassador for the Toronto Raptors. He established his whiskey brand, “Virginia Black,” which sold 4k bottles in one week!
Drake has been linked romantically to several high-profile celebrities, including Kylie Jenner, Bella Hadid, Jennifer Lopez, and Rihanna.
Drake’s love life has been the topic of discussion for years, but it recently took an interesting turn when reports broke that he was dating Sophie Brussaux.
The pair were spotted in January 2017 after dining together at a restaurant near Amsterdam City center; two months later, she became pregnant with their child and gave birth to Adonis.