Drake’s Net Worth: Being a Global Superstar

Drake is the most successful and influential artist in the music industry as of today. He has won multiple awards, broken numerous records, and amassed a fortune that is estimated to be around $250 million as of 2024.

How did he go from being a teenage actor on a Canadian TV show to becoming a global superstar?
Here in this article, we will explore Drake’s early life, career, and net worth in detail.

Early Life of Drake

Drake was born Aubrey Drake Graham on October 24, 1986, in Toronto, Canada. His father, Dennis Graham, was a drummer who worked with Jerry Lee Lewis. Drake’s mother’s name was Sandi Graham, who was an English teacher and florist.

Drake has a mixed heritage, as his father is African American and his mother is Jewish Canadian. He took admission at a Jewish day school and at age 13, he had a bar mitzvah.

Degrassi and Early Music Career

Drake’s first taste of fame came when he was cast as Jimmy Brooks, a basketball star who becomes paralyzed after a school shooting, on the popular teen drama Degrassi: The Next Generation from 2001 to 2009. Thus, earning a Young Artist Award nomination in 2002.

While acting in Degrassi, Drake also began to pursue his passion and dedicated all his time to music. He released his first mixtape in 2006 titled Room for Improvement. Now, this was followed by Comeback Season in 2007. He gained some attention for his song “Replacement Girl”, which featured Trey Songz and was featured on BET’s 106 & Park.

So Far Gone: The Game-Changer

Drake’s breakthrough came in 2009, when he released his third mixtape, So Far Gone. Now, this featured hits such as “Best I Ever Had”, “Successful”, and “I’m Goin In”. The mixtape received critical acclaim and was downloaded over 2 million times.

It also caught the eye of rap legend Lil Wayne, and he signed Drake to his Young Money Entertainment label. Drake then embarked on a tour with Lil Wayne, and appeared on several songs with him, such as “Forever”, “Money to Blow”, and “Right Above It”.

Rise to Prominence in the Music Industry

Drake’s debut studio album, Thank Me Later, was released in 2010. Interestingly, his album debuted at number one on the Billboard 200 chart. It sold over 447,000 copies in its first week and also received the certification of platinum by the RIAA. The album featured collaborations with artists such as Jay-Z, Alicia Keys, Nicki Minaj, and Rihanna. It also spawned singles such as “Over”, “Find Your Love”, and “Fancy”.

In 2011, Drake’s second album was titled Take Care. Now, this was even more successful than his first. It sold over 631,000 copies in its first week. The album also won the Grammy Award for Best Rap Album in 2013. It also featured the smash hit “The Motto”, which popularized the phrase “YOLO” (You Only Live Once). Other singles from the album include “Headlines”, “Make Me Proud”, “Take Care”, and “HYFR”.

In 2013, Drake’s third album titled Nothing Was the Same, was released. Next, he continued his streak of chart-topping albums. It sold over 658,000 copies in its first week. Moreover, he was also nominated for the Grammy Award for Best Rap Album in 2014. It also featured the anthems “Started from the Bottom”, “Hold On, We’re Going Home”, and “All Me”.

Drake’s fourth album, Views, was released in 2016 and was his most commercially successful album to date. It sold over 1.04 million copies in its first week. This album also became the first album to achieve over 1 billion streams on Apple Music. Drake’s album also won the Grammy Award for Best Rap Album in 2017. It featured the mega-hits “Hotline Bling”, “One Dance”, and “Controlla”.

Drake’s fifth album, Scorpion, was released in 2018 and broke several streaming records. It became the first album to surpass 1 billion streams in a week on Spotify, and the first album to have seven songs in the top 10 of the Billboard Hot 100 chart simultaneously. It also featured the viral songs “God’s Plan”, “Nice for What”, and “In My Feelings”.

Drake’s sixth album, Certified Lover Boy, was released in 2021 and was eagerly anticipated by his fans. It sold over 613,000 copies in its first week and became his tenth consecutive number-one album on the Billboard 200 chart. It also featured the singles “Laugh Now Cry Later”, “What’s Next”, and “Way 2 Sexy”.

Drake’s Musical Empire

Drake is not only a successful solo artist, but also a prolific collaborator and a savvy businessman. He has worked with some of the biggest names in the music industry, such as Kanye West, Beyoncé, Eminem, Rihanna, Nicki Minaj, Travis Scott, Future, and many more.

Drake has also launched his own record label, OVO Sound, which houses artists such as PartyNextDoor, Majid Jordan, Roy Woods, and DVSN. He also has his own clothing line, OVO Clothing, which sells apparel and accessories featuring his signature owl logo.

Acting and Other Ventures

Drake has not abandoned his acting roots, and has appeared in several films and TV shows, such as Anchorman 2: The Legend Continues, Ice Age: Continental Drift, The Carter Effect, Top Boy, and Euphoria. He has also hosted and performed on Saturday Night Live and co-produced the documentary series The Shop with LeBron James.

Drake is also an avid sports fan and is the global ambassador for the Toronto Raptors, the NBA team from his hometown. He has also invested in esports, becoming a co-owner of 100 Thieves, a professional gaming organization.

Brands and Businesses

Drake has also partnered with various brands and businesses, such as Apple, Sprite, Nike, and Virgin America. He has also endorsed products such as Beats by Dre headphones, Whataburger, and Ciroc vodka. He has also launched his own whiskey brand, Virginia Black, and his own cannabis brand, More Life Growth Company.

Drake’s Net Worth

Drake’s net worth is estimated to be around $250 million as of 2024. He is one of the richest and most influential celebrities in the world and has earned his fortune through his music, tours, endorsements, investments, and businesses.

Investments and Assets

Drake has also invested his money wisely and owns several properties and assets. He owns a mansion in Hidden Hills, California, which is worth $7.7 million, and features a pool, a wine cellar, a spa, and a movie theater. He also owns a penthouse in Toronto, which is worth $4 million. The house features a basketball court, a rooftop terrace, and a recording studio.

Drake also owns a custom-made Boeing 767 jet, which he calls “Air Drake”, and is worth $185 million. He also has an impressive collection of cars, such as a Bugatti Veyron, a Lamborghini Aventador, a Rolls-Royce Phantom, and a Mercedes-Maybach.

Business Ventures

Drake has also diversified his income sources by launching his own business ventures, such as his record label, clothing line, whiskey brand, and cannabis brand. He also earns royalties from his music catalog, which is estimated to be worth over $100 million. He also earns money from his streaming deals, such as his $19 million deal with Apple Music in 2015, and his $25 million deal with SiriusXM and Pandora in 2019.