Drake Net Worth: How Does Drake Spend His Money?

In this article, we are going to discuss some fascinating information about the life of famous rapper Drake, including his early life, career, relationship status, family, and net worth. So, read on till the conclusion for more information.

Who Is Drake?

Aubrey Drake Graham is a rapper, actor, and producer who was born in Canada. Drake is One of the highest-paid entertainers in the world on a consistent basis. Drake was a young actor who appeared in the Canadian adolescent drama Degrassi: The Next Generation before he became a huge rap superstar.

Name Aubrey Drake Graham
Birth October 24, 1986, in Toronto, Canada
Profession Rapper, actor, and producer
Nationality Canadian
Wife Sophie Brussaux
Children 1

Early Life of Drake

Drake was born in Toronto on October 24, 1986. Drake’s father Dennis was a drummer and his mother Sandra, nicknamed Sandi, was an English teacher and a florist.

Drake Net Worth

At five, Aubrey’s parents split. His father then moved to Memphis, where he was arrested and imprisoned for several years on drug charges. Aubrey lived in Toronto with his mother, visiting Memphis every summer (when his father was not incarcerated).

Drake discovered his love for acting and singing at Forest Hill Collegiate Institute. Then he went to Vaughan Road Academy, where he was bullied for being bi-racial and Christian He dropped out briefly but graduated in 2012.

Career Journey of Drake

Drake met an acting agent who was the father of a high school classmate when he was 15 years old. Drake got cast in a role in the teen drama series Degrassi: The Next Generation thanks to the agent.

Jimmy Brooks, a basketball star who was shot by a classmate and later had physical disabilities, was Drake’s character.

 

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Drake claimed that Jay-Z was a significant inspiration to him and that he has always had a genuine passion for music. Drake’s very first mixtape, Room for Improvement, was made available in 2006.

He released his second mixtape a year later, and his third, titled “So Far Gone,” was released in 2009.

Drake and Lil Wayne have worked together on a number of songs, and Drake has also accompanied Wayne on tour. Drake secured a recording deal with Young Money Entertainment, and his debut album, “Thank Me Later,” was released in 2010.

Drake has worked with some of the world’s top rap performers and hip-hop producers, including DJ Khaled, Eminem, Nicki Minaj, Chris Brown, Rihanna, and others.

Since then, Drake has put out numerous albums, sold millions of copies, and accumulated a huge fortune. He is among the most popular hip-hop artists in the world.

What Is Drake’s Net Worth?

According to celebritynetworth.com, Drake has an estimated net worth of $250 million USD. Drake has earned more than $430 million in his career before taxes and living costs since he initially gained widespread recognition.

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In the period from June 2017 to June 2018, Drake made a total of $45 million in earnings. He made $95 million in revenue last year.

He made $75 million from June 2018 to June 2019. He made $50 million in the next year. Drake’s annual earnings are broken down year by year in the table below.

Properties owned by Drake

In 2012, Drake bought a $7.7 million estate from the former owner of Los Angeles’ Saddle Ranch Bar in Hidden Hills, California. The YOLO Estate includes a 12,000-square-foot main house and a 2,000-square-foot party house.

In 2015, he bought a 1.6-acre estate next door for $2.8 million. In 2018, he spent $4.5 million to buy another adjoining mansion. His private estate currently includes 6.7 acres of land at the end of a cul-de-sac, which cost him $15 million to acquire.

The YOLO Estate sold for $22.7 million in March 2022. The primary residence alone is available for $14.8 million.

Drake paid $6.7 million for a piece of land in Bridle Path, Toronto. On the two-acre land, he built a 50,000-square-foot home.

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On March 8, 2022, Drake was rumoured to have bought Robbie Williams’ 20-acre Beverly Hills estate. Drake’s off-market transaction price? “Mid $70 million,” a source told the LA Times. Drake has at least $100 million in real estate.

How Much Does Drake Earn From Tours?

Away From Home was Drake’s first headline tour in 2010. He continued to travel in 2019 with five more headliner shows. On his 2018 tour with Migos, he co-headlined.

This tour grossed $84.3 million dollars from 54 gigs, making it the highest-grossing hip-hop tour ever. On average, each concert grosses $1.56 million. It earned $80 million over 43 dates in 2018. On average, each concert grosses $1.86 million.

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For a single appearance, Drake’s residency at XS Nightclub in Las Vegas can easily make him $500,000. For a more formal show, he now receives almost $200,000!

Love Life of Drake

Drake has had many high-profile romances. From 2009 through 2016, he dated Rihanna on and off. Afterwards, he’d call Rihana “my 22-year-old love.”

Drake Net Worth

His son Adonis was born in October 2017 to model/actress Sophie Brussaux. Drake didn’t announce fatherhood till 2018.

Frequently Asked Questions

Did Drake Born With Silver Spoon in His Mouth?

Drake and his mother lived in the bottom half of a two-story townhouse in Forest Hill, a wealthy suburb. Drake lived in the basement, his mother on the street level. They were not wealthy; money was scarce.

How Did Drake Become the Most Popular Celebrity?

Drake has sold the most digital singles ever. He has now sold over 163 million digital singles. That’s 40 million more than runner-up Rihanna. With an estimated 26 million albums sold, is the 80th best-selling musician of all time. That places him behind Shania Twain (48 million) and Celine Dion (50 million).

Is Drake Owned a Jet?

In May 2019, Drake showed on Instagram his new Boeing 767 private plane, called (and painted) “Air Drake”. According to the video, Drake is happy to own the jet outright, with “no renting, timeshare, or co-owners.” A comparable private aeroplane would be valued at $75-100 million.

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