Drake Net Worth: A Look at His Most Lucrative Partnerships

Drake has accumulated a net worth of $250 million through strategic partnerships across various industries. These collaborations, spanning endorsements, investments, and business ventures, have been pivotal in solidifying his financial success and cultural influence in the entertainment world.

Jul 25, 2024 - 18:55
Jul 25, 2024 - 05:39
Drake Net Worth: A Look at His Most Lucrative Partnerships
As of 2024, Drake's net worth is estimated to be around $250 million. This substantial wealth comes from his successful career as a rapper, singer, and actor, as well as various business ventures.
Drake Net Worth: A Look at His Most Lucrative Partnerships

Who is Drake, and what are his total assets?

Drake is a Canadian-conceived entertainer, maker, and rapper who has a total of $250 million in assets. Drake is reliably quite possibly of the most generously compensated performers on the planet. Drake started his profession as an entertainer, showing up on the hit Canadian TV series, "Degrassi: The Future". Notwithstanding, it was music that would make him a commonly recognized name around the world, and beginning around 2006, he has been composing or recording fruitful track after effective track. His presentation studio collection, "Say Thanks to Me Later," entered the hip-jump graphs at #1 in 2010, and he has not halted since. He has visited unendingly, showed up on numerous music projects and entertainment ceremonies, and, as a rule, zeroed in on working as wide a fan base as could be expected.

Since first acquiring standard achievement, Drake has procured more than $430 million in his profession, before charges and way of life costs.

Between June 2017 and June 2018, Drake acquired $45 million. In 2017, he procured a sum of $95 million. Between June 2018 and June 2019, he acquired $75 million. In the accompanying year, he acquired $50 million. Look down for an entire year-by-year breakdown of Drake's yearly profit.

Category

Details

Full Name

Aubrey Drake Graham

Stage Name

Drake

Birth Date

October 24, 1986

Birth Place

Toronto, Ontario, Canada

Occupation

Rapper, Singer, Songwriter, Actor, Businessman

Genres

Hip hop, R&B, Pop

Years Active

2001–present

Labels

OVO Sound, Republic, Young Money, Cash Money

Notable Works

"Take Care," "Nothing Was the Same," "Views," "Scorpion," "Certified Lover Boy"

Awards

4 Grammy Awards, 6 American Music Awards, 27 Billboard Music Awards, 2 Brit Awards, and many more

Notable Collaborations

Rihanna, Future, Lil Wayne, Nicki Minaj, Jay-Z, Kanye West

Film and TV

"Degrassi: The Next Generation" (as Jimmy Brooks)

Philanthropy

Various charitable contributions, including donations to schools and funding scholarships

Business Ventures

Co-founder of OVO Sound, partnerships with Nike, Apple Music, and his own whiskey brand, Virginia Black

Social Media Presence

Instagram: @champagnepapi, Twitter: @Drake

  • General Music Gathering Agreement

On the organization's Q1 profit bring in May 2022, General Music Gathering affirmed it had re-marked Drake to a "drawn out overall association." The arrangement included everything from "recorded music to music distributing, film, TV, and brands." Drake has suggested this arrangement in a couple of verses. In one tune, he rapped about marking an arrangement that accompanied "360 front and center." considering General's affirmation, some have interpreted that verse as meaning the arrangement paid him $360 million forthright. Different sources have assessed the worth of the arrangement at $400 at least a million. In the years preceding marking, Drake's music list alone had been creating $50 million every year in income for the organization.

Expecting the arrangement to be worth $400 million, after charges, Drake would have hypothetically been paid $200 million forthright after charges.

  • Early Life

Aubrey Drake Graham on October 24, 1986 in Toronto, Canada. Drake's dad, Dennis functioned as a drummer who played with performers like Jerry Lee Lewis during his profession. Drake's mom, Sandra, also known as Sandi, functioned as an English instructor and flower specialist. Drake went to a Jewish day school and had a conventional Jewish right of passage festivity.

Sandi and Dennis separated when Aubrey was five. His dad in this manner moved to Memphis, where he eventually turned out to be captured and imprisoned for a long time on drug charges. Aubrey stayed with his mom in Toronto however he would visit his dad in Memphis each mid-year (when his dad was not detained). Drake would later depict Dennis as being missing during his life as a youngster, claims Dennis has eagerly denied and declared were decorated to sell records.

From 6th grade on, Drake and his mother lived in the base portion of a two-story condo in a prosperous suburb called Woods Slope. His mom lived on the road-level floor; Drake lived in the storm cellar. They were not rich; truth be told, cash was extremely close.

While going to Backwoods Slope University Organization, Drake tracked down a fondness for acting and singing. He later went to Vaughan Street Foundation, where he was harassed for his bi-racial and strict foundation. He exited for a period however did ultimately graduate in 2012.

  • Degrassi

At the point when he was 15, a cherished, lifelong companion's dad - an acting specialist - assisted Drake with handling a job on the long-running Canadian youngster dramatization TV program "Degrassi: The Future." On the show, he played Jimmy Streams, a ball star who became debilitated after being shot by a cohort. He was a cast part for seasons 1 through 7, with visitor appearances in 2008.

While Drake was showing up on Degrassi, his mom turned out to be sick and couldn't work. His Degrassi checks were their main pay for quite some time. At that point, he was procuring $50,000 each year in compensation from the show. That is generally $2000 each month after charges. He would later depict this period as follows:

"My mom was extremely debilitated. We were exceptionally poor, as broke. The main cash I had coming in was off of Canadian television."

  • Music Profession

Propelled by rap symbols like Jay-Z, who procured record bargains in the wake of becoming effective as free specialists, Aubrey - who at this point was going by his center name "Drake" as his stage name - started delivering mixtapes in 2006.

In February 2005, he delivered his first mixtape, "Opportunity to Get Better," using his site and official MySpace page. He figured out how to straightforwardly sell more than 6,000 duplicates. He delivered his second mixtape, "Rebound Season," the next year. He delivered the mixtape through his own as of late sent-off mark, October's Own (otherwise known as OVO Records). This mixtape included what turned into a hit underground single called "Substitution Young Lady." The music video for the melody was the primary video from an unsigned Canadian rapper to be highlighted on BET. One form of the tune highlighted a grafted test of the melody "Man of the Year" by Brisco, Flo Rida, and Lil Wayne.

Houston-based maker and Rap-A-Ton Records pioneer Jas Sovereign heard the single and gave it to Lil Wayne. Lil Wayne was intrigued and called Drake, welcoming him to travel to Houston to join his Tha Carter III visit. As the visit advanced, Drake and Wayne composed and recorded a few melodies, including "Shiny new," "Perpetually," and "Payment."

  • Youthful Cash Diversion

Regardless of what you might accept, Drake has not endorsed Wayne's record name as of now. He delivered a third mixtape, "So Far Gone," in 2009. He delivered the mixtape as a free download on his OVO site. The mixtape highlighted appearances from Lil Wayne, Lloyd, Three pointer Songz, Omarion, and Bun B. In the wake of being downloaded multiple times in its most memorable hour, the mixtape was at last confirmed Gold by the RIAA, cresting at #2 on the Announcement Hot 100. The mixtape was at last delivered as an EP, which appeared at #6 on the Board 200 and won the 2010 Juno Grant for Rap Recording of the Year.

Still an autonomous craftsman, Drake was currently sought after inside the music business. An offering war came about, with different names scrambling to sign him. The urgency has been depicted as "the greatest offering battle in music history," however that is not affirmed.

On June 29, 2009, Drake marked an agreement with Lil Wayne's Young Cash Diversion. The record bargain was a joint endeavor between Youthful Cash and its parent organization, Greenbacks, with General Music running dispersion.

Drake's Earnings By Year

  • 2010: $10 million
  • 2011: $11 million
  • 2012: $21 million
  • 2013: $11 million
  • 2014: $33 million
  • 2015: $40 million
  • 2016: $40 million
  • 2017: $95 million
  • 2018: $47 million
  • 2019: $75 million
  • 2020: $50 million
  • 2021: $40 million
  • 2022: $30 million

Total: $503 million

  • Toronto Mansion

In 2016, Drake spent $6.7 million to buy a plot of land in suburban Toronto in an area called The Bridle Path. He proceeded to build a 50,000-square-foot mansion on the two-acre property. The house features a 10-car garage, regulation-size NBA basketball court, gym, awards room, and much more. The master bedroom alone is 3,200 square feet.

He also owns a condo in downtown Toronto.

  • $90 Million Beverly Hills Mansion

On March 8, 2022, it was reported that Drake had secured a deal to buy British singer Robbie Williams' 20-acre Beverly Hills mansion. The price Drake paid in an off-market deal? $75 million. Before Robbie Williams, the home was owned by Guess? Clothing brand co-founder Armand Marciano. Drake purchased the home through a corporate entity called 11Kip, LLC, with a $52.5 million mortgage taken out with Bank of America, meaning he put down $22.5 million cash, exactly 30%.

In May 2023, a little over a year after acquiring the Beverly Hills property for $75 million, Drake listed the home for sale for $88 million. He listed it again in May 2024 for the same price.

  • Drake's Total Assets Achievements

We originally added Drake to Big Name Total Assets in November 2009 with an underlying total assets gauge of $1 million. He had endorsed with Lil Wayne's Young Cash only a couple of months sooner. By 2012 his total assets bested $25 million. By 2014, he bested $45 million. By late 2016, he bested $80 million interestingly. Because of his staggering close to $100 million profit in 2017, he effectively beat $100 million by mid-2018. In May 2019, his total assets broke $150 million interestingly.

  • Business Ventures

Throughout the long term, Drake has embraced many significant brands, including most outstandingly, Sprite, Burger Ruler, Whataburger, Nike, and Apple. At the point when Apple Music sent off, Drake marked a $19 million selectiveness bargain. All this arrangement permitted Apple to be the selective starting home of Drake's future performance discharges.

In 2012, Drake shaped his record mark, OVO Sound, which was appropriated by Warner Brothers. Records. Notwithstanding Drake, today, OVO Sound reps music for specialists like PartyNextDoor, Majid Jordan, and Kash Doll and makers like Boi-1da, Future the Ruler, and Mike Zombie, and that's just the beginning.

He is the "worldwide diplomat" of the Toronto Raptors and hosts a yearly Drake Night with the group.

In 2016, Drake sent off his kind of whiskey-based bourbon called Virginia Dark. The organization sold 4,000 containers in the principal week in the wake of sending off. Later in the year, the organization delivered 30,000 extra units.

  • Visits

Drake's most memorable title visit was 2010's "Away From Home Visit." He left on five extra visits, featuring visits through 2019. He has additionally co-featured four visits, incorporating his 2018 visit with the rap bunch Migos.

His 2016 "Summer Sixteen Visit" was the most noteworthy netting hip-bounce visit of all time up to that point, with a gross of $84.3 million off 54 shows. That is a typical gross of $1.56 million for each show. His Migos co-featuring visit broke that record in 2018 with $80 million in profit, north of 43 dates. That is a typical gross of $1.86 million for each show.

Each mid year Drake puts on a celebration in Toronto called "OVO Fest" that sells out immediately.

Drake has a continuous residency at the XS Club in Las Vegas that can undoubtedly procure him $500,000 for a solitary appearance. He presently procures more than $2 million for a more proper show.

  • Individual Life

Drake has had various high-profile connections throughout the long term. He dated Rihanna on and off somewhere in the range of 2009 and 2016. He would later depict Rihanna as "the lady I've been enamored with since I was 22 years of age."

In October 2017, a French model/entertainer/craftsman named Sophie Brussaux brought forth his child Adonis. Drake didn't affirm his parenthood until 2018.

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Frena V I’m Frena, an author at TheNextArticle. I have a deep passion for writing and enjoy exploring a wide range of topics. From breaking news and technological advancements to economic trends and startup stories, I love delivering fresh and engaging content. My goal is to provide valuable insights and keep readers informed with every article I write.