Drake is a Canadian actor, producer, and rapper who earns $250 million per year and is therefore extremely wealthy. The artist has always been one of the world’s highest-paid entertainers. He began his career as a child actor on the Canadian teen show Degrassi: The Next Generation before establishing himself as a massive rap star and earning a fortune. Drake has earned more than $430 million in his career to date, before taxes and living expenses.
Drake had a successful year. Between June 2017 and June 2018, he earned $45 million. In 2017, he earned $95 million. He earned $75 million a year ago. After a year, he earned $50,000,000.
Music Career
Aubrey, renamed “Drake,” began releasing mixtapes in 2006. She was inspired by rap legends like Jay-Z, who got record deals after first being independent artists.
In February 2005, he released his first mixtape, “Room for Improvement,” on his website and MySpace. The book was well-received. He printed over 6,000 copies of his own book. The following year, he released his second mix tape, “Comeback Season.” Very Own, his new record label, released a mixtape he created in October (aka OVO Records). “Replacement Girl” was one of the songs on this mixtape. The music video for the song the first to be shown on a cable TV network called BET, and it featured an unpublished Canadian rapper. It was created by sampling “Man of the Year” by Brisco, Flo Rida, and Lil Wayne.
Jas Prince, the founder of Rap-A-Lot Records in Houston, heard the song and informed Lil Wayne. Lil Wayne invited Drake to perform in Houston as part of his Tha Carter III tour. Throughout the tour, Drake and Wayne collaborated on a number of songs, including “Brand New,” “Forever,” and “Ransom.”
Mainstream Success
Drake’s debut studio album, Drake, was released on June 15, 2010, marking the artist’s professional debut. When it was released in November, the album quickly rose to the top of both the Canadian and American album charts. It launched at the top of the Billboard 100, R&B/Hip Hop, and US Rap charts in the United States. The album was certified platinum by the Recording Industry Association of America just a few days after its release.
With his sophomore studio album, “Take Care,” which was certified six times platinum, he also achieved number one status in several countries.
Almost every album released since then has received at least four platinum certifications.
Drake is a well-known and successful figure in the world of hip-hop music, and he has achieved international success. He’s collaborated with some of the biggest names in music, including Kanye West, Eminem, Jay-Z, and Travis Scott, among many others. Drake has been nominated for a slew of different awards. At the time of this writing, he had received more than 40 nominations and had won more than 180 major awards, including four Grammys.
According to the artist, Drake’s concerts generate an average of $1 million in revenue per show.
Real Estate
In 2012, Drake received a $7.7 million cash gift from the past owner of the Saddle Ranch Bar in Los Angeles. Drake paid a lot of money for the house. Drake lived in the Hidden Hills until 2012. On the YOLO Estate, people live in two separate houses. The main house is 12,000 square feet in size, while the guest house is 2,000 square feet in size. The total square footage is 22,000 square feet. This estate includes horse stables, a movie theater, a basketball court, sand volleyball courts, and one of the largest private pools in Southern California. There is also a 25-seat movie theater. A playboy’s mansion: His pool is shaped like a lagoon and surrounded by caves and rocks. There are numerous waterfalls, a swim-up bar, a water slide, and a cave with Playboy-style roofs.
Drake revealed in a Rolling Stone interview that he had had his eye on this mansion for years after discovering it via a Google search for “craziest residential swimming pools.” For years, he kept himself motivated by setting the background image of his computer to a photo of the pool. In 2009, the previous owner listed the property for $27 million. When the previous owner ran out of cash in 2012, Drake swooped in and purchased the property for $7.7 million.
Other Properties
In 2015, he paid $2.8 million for the adjacent 1.6-acre estate to expand his property. In 2018, he increased the value of the property by purchasing a neighboring house for $4.5 million. When he bought the land, he spent $15 million on real estate. It now has 6.7 acres of land that is all together at the end of the cul-de-sac.
Drake listed the YOLO Estate for $22.7 million in March 2022. A buyer could pay $14.8 million for the main mansion alone.
Drake spent $6.7 million in 2016 on a piece of land in Birdle Path, a Toronto suburb. On the two-acre property, he proceeded to construct a 50,000-square-foot mansion. The house features a ten-car garage, a basketball court the size of an NBA court, a gym, an awards room, and numerous other amenities. The master bedroom is 3,200 square feet in size.
According to reports, Drake has agreed to purchase British singer Robbie Williams’ 20-acre Beverly Hills mansion on March 8, 2022. How much did Drake pay in an off-market transaction? According to a source who spoke with the Los Angeles Times, the price tag is in the mid-$70 million range.
Additionally, he owns a condo in the downtown district of Toronto.
The rapper’s property portfolio is worth more than $100 million, according to estimates.
Drake’s Net Worth Milestones
In November 2009, the artist’s net wealth was first estimated at $1 million when he appeared on Celebrity Net Worth for the first time. He’d joined Lil Wayne’s Young Money label only recently. By 2012, he had amassed a net worth of more than $25 million. By 2014, he had accumulated a fortune of more than $45 million. He first broke the $80 million barrier in late 2016. He easily surpassed $100 million in early 2018 as a result of his near-$100 million earnings in 2017. His net worth surpassed $150 million for the first time in May 2019.
Business Ventures
The rapper Drake has previously collaborated with a number of well-known brands, including Sprite, Burger King, Whataburger, and Nike, as well as the technology company Apple. Drake signed a $19 million deal with Apple Music when it first launched. According to the terms of the agreement, Apple will be Drake’s first choice for all of his future solo albums.
In 2012, Drake launched his own record label, OVO Sound, which he later sold to Warner Bros. Records for a reported $100 million. The OVO Sound label, which represents Drake as well as other artists like PartyNextDoor, Majid Jordan, and Kash Doll, as well as producers like Boi-1da, Future the Prince, and Mike Zombie, has expanded its roster.
As the Toronto Raptors’ “global ambassador,” he represents the team on a global scale. Every year, the team organizes Drake Night, and he works with them to make it a success. He is also the team’s “global ambassador.”
Virginia Black, a bourbon-based whiskey, was introduced to the market by Drake in 2016. It became available for the first time in 2016. Within a week of the beverage’s release, the company sold approximately 4,000 bottles of the beverage. After shipping 30,000 more units later in the year, the company was able to do the same thing again.
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