Drake net worth is expected to reach $250 million this year. Drake’s net worth grew by $15 million in 2018, thanks to the success of his album ‘Scorpion’ and tour ‘The Boy Meets World Tour. He is the best-selling hip-hop artist of all time, and his albums have gone platinum no less than three times.
Jay-Z’s net worth is considered to be above one billion dollars. Check out the article in detail about Jay-Z’s Net Worth.
What is Drake’s Net Worth?
Drake has been one of the best artists in the world for the past decade, and he seems to be only getting better. His net worth is expected to reach $250 million as of this year.
| Name: | Drake |
| Monthly Income: | $2 Million + |
| Date of Birth: | Oct 24, 1986 (35 years old) |
| Profession: | Rapper, Actor, Singer |
| Net Worth: | $250 Million |
| Height: | 6 ft (1.83 m) |
| Nationality: | Canada |
He has won many awards over the years, including Best Male Hip-Hop Artist at the BET Awards (2010, 2012, 2014, 2016), Best Rap Album at the Grammy Awards (Take Care, 2013), and Best International Act at the MOBO Awards (2016).
In 2018, Forbes declared that Drake had surpassed Elvis Presley as being the highest-paid man in music, with an estimated net worth of $91 million at that time.
Drake’s Net Worth in 2023
Drake is one of the highest-paid celebrities in the world, and he’s using his money to make a difference.
Drake began his career as a rapper in 2005 and has released several hit songs over his career, including: “Best I Ever Had,” “Forever,” and “In My Feelings .”
His second mixtape, “So Far Gone,” came out in 2012 and featured Future, Jhene Aiko, and Nicki Minaj in guest appearances. In 2013 Drake released his third mixtape, “Nothing Was the Same,” which featured guest appearances from Rick Ross and Jay Z.
This led to a feature on Rick Ross’s fourth studio album “Teflon Don,” which went platinum shortly after its release due to the popularity of that song alone; this also led them to become friends who have been collaborating ever since then. Drake’s net worth is expected to reach $250 million as of this year.
Early Life
Drake was born in Toronto, Ontario, and grew up there before moving to Maryland when he was eight. Drake’s father left his mother when Drake was just two years old.
He moved to the United States with his mother when he was ten, and he started rapping at age 12. At 16, he released his debut mixtape, Room for Improvement which featured songs like “Over My Dead Body” and “Rydah’s on That.”
After graduating from high school, Drake began working as an intern at Universal Music Canada while living in his parent’s basement until he could afford rent in his place.
He spent most of his time writing songs by himself or with friends like Devaughn “Been Trill” Dooley and Jay “Breezy” Smith.
In 2004, he released his debut album, Comeback Season. His second album, Thank Me Later, reached number one on Billboard 200 and sold over 1 million copies within its first week alone as well, being certified platinum by RIAA.
He won two Grammy Awards for Best Rap Song for “Best I’ll Never Change” from his third studio album, Views from six from 2015-2017.
In 2018 he received five nominations for MTV Europe Music Award for Best Worldwide Act and two nominations for the BET Hip Hop Award for Best Male Artist and Best Hip Hop Video for “God’s Plan.”
Drake has been nominated for seven Grammy Awards and won five times. From there, he pursued rapping and released several hit singles and albums.
Age, Height, and Weight
Drake is a 35-year-old man who stands at 1.82 meters tall, weighs 89 kilograms, and has a BMI of 23.6.
- Age: 35 Years
- Height: 1.82 m
- Weight: 89 kg
How does Drake Earn a lot?
Drake has been making music his entire life and knows how to make it pay off. He started by releasing mixtapes in Canada and slowly worked his way up to stardom in the United States.
Drake was named Forbes’ highest-paid musician with an estimated annual take home from $69 million to $75 million, thanks to the success of his music career and endorsement deals with brands like Nike and Apple Music (which pays him about $4 million per year).
In addition to making money from music, though, Drake also makes money from endorsing other brands such as Beats by Dre headsets ($2 million for every endorsement deal), or as a spokesperson for various companies such as Bacardi rum (about $1 million per year). With all these sources combined, Drake is worth approximately 250 Million dollars.
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How Does Drake Spend His Money?
In the past years, Drake has bought himself many expensive things, such as cars and houses, with his music career.
In 2016, Drake bought an apartment in New York City for 20 million dollars. The apartment is at 10 Central Park West and features nine bedrooms, 16 bathrooms, and three maids’ rooms.
It also offers a private elevator that connects all building floors and allows access to the roof terrace. Cedric Gibbons and Associates did the interior design.
In addition to buying apartments like this one, Drake also owns several other properties around America, including a $7 million mansion in Los Angeles County and a sprawling estate in Hidden Hills.
California, worth more than 17 million dollars includes six bedrooms, seven bathrooms plus two guest bedrooms (one for each of his parents), a gymnasium with a weights room, indoor swimming pool with a spa area.
One thing that Drake does with his cash is he also buys expensive cars. Drake is not a man who lacks style and luxury.
He has purchased some of the most expensive cars, including an Aston Martin DB10 and a Ferrari 458 Speciale. He also loves to collect unique vehicles, which he gets custom-made and imported.
When it comes to eating out, Drake likes to go out for meals with friends or family members. He loves seafood, so he often goes to restaurants with fresh seafood.
He also likes to spend money on his friends and family members, which is probably why he has many close connections with them. It makes sense that he’d want to show them how much they mean to him!
When you’re as rich as Drake, it’s easy to take your money for granted. But even though he has a lot of it, he still chooses to spend it on things that make him happy.
When it comes to clothing, he loves to shop at high-end stores like Barneys and Bloomingdale’s, where he can find some of the most expensive items on the market. He also loves watches—he has more than 30 different ones in his collection!
Career and Achievements
Drake has been arguably the most famous rapper of the 21st century. He’s won awards left and right, including a Grammy and MOBO Award, along with a BRIT Award nomination.
He has won 11 Grammy awards, including Best Rap Album for Taking Care in 2011, Best Rap Song for “Best I Ever Had” in 2010, Best Rap Performance by a Duo or Group for “Over My Dead Body” at the 2012 Grammy.
Best Rap Song at the 2015 Grammys for “Pound Cake/Paris Morton Music 2″ (with Future), Best Rap Performance by a Duo or Group for “Know Yourself” at the 2016 Grammys.
We’ve rounded up some of his biggest milestones and calculated how much each one might have earned him.
- BET Hip-Hop Awards – Rookie of the Year (2009)
In 2009, Drake was just starting out in his career—and he showed it by winning Rookie of the Year at the BET Hip-Hop Awards. This would be worth about $1.5 million today.
- Juno Awards – New Artist of the Year (2010)
Drake was named “New Artist” at the Juno Awards in 2010—an honor that still holds value today! This would be worth about $3 million today.
- Songwriter’s Hall of Fame – Hal David Starlight Award (2011)
He’s also racked up a number of other accolades: he’s been nominated for nine Grammy Awards (he’s won two) and two American Music Awards. In addition to his incredible success as an artist, Drake is also a philanthropist.
Success Rules from Drake
Drake has taken many risks in his career, including being the first artist signed to Cash Money Records, being the first artist to sign with Young Money Entertainment, and even being the first artist to release a mixtape for free online. He also went on tour before he even had a record deal, which is a risk not many artists were willing to take at that time.
From Drake’s net worth and success, we can learn some lessons about success.
1. Try something new!
When Drake started out as an actor in movies like “The Score,” he was hesitant about trying out music again after a hiatus because he was afraid of people thinking that he was trying too hard or changing his style too much. However, when he realized that people didn’t think this way about him anymore (and even supported him), he decided that it was time for another change and released his first album as a solo artist called “Thank Me Later” in 2010.
2. Your success is never guaranteed.
It’s easy to get caught up in the idea that you can always be a star if you put in the work, but it’s important to remember that this isn’t true. Just like Drake, who first got his start as an underground rapper and then skyrocketed into fame without ever having a major label deal, there are plenty of other artists out there who have had similar success stories. So don’t get too attached to the idea that your success will come easily or quickly; it might take some time and effort before you get where you want to be. But once you do, don’t forget about those who came before you—and don’t forget about helping others along the way!
3. You have to make sacrifices for your career.
There are many things that go into being successful in any industry, from creating content to writing music and performing live shows—but one thing that Drake has talked about time and time again is how much he loves music production because it allows him to create something beautiful out of nothing at all: he doesn’t need any equipment or instruments other than his computer (and maybe some speakers).
Lil Wayne has become one of the world’s richest rap stars, with a net worth of $150 million. Check out the article in detail about Lil Wayne’s Net Worth.
FAQs of Drake Net Worth
Q- Is Drake richer than Chris Brown?
Chris Breezy’s net worth is estimated to be $50 million, while Drake’s net worth is $180 million. So as according to this estimate, Drake is richer than Chris Brown.
Conclusion
Drake’s success has come in many forms—from his hit records to his status as one of the most followed artists on Instagram, to his collaborations with other artists like Kanye West and Lil Wayne.
Drake has earned his fortune through his music and acting career, as well as his brand endorsements. He owns a private jet, several luxury cars, and a house in Los Angeles that costs $7 million. He also has investments in real estate and hotels around the world. Drake’s net worth is expected to reach $250 million as of this year.