Entrepreneurship

Drake Net Worth 2022: An Insight Into Drake’s Investments And Assets

The world is full of good singers, but not all of them reach the heights of popularity that Drake has. Who doesn’t know Drake’s name? Like many other Canadian singers, Drake rose to popularity because of his singing abilities. He is a big name in the music industry because of his exceptional vocal skills. Drake’s not only a singer but is an actor, songwriter, and rapper. Drake is one of the most loved artists in the pop music sector, with his featured albums including One Dance,’ God’s Plan,’ Excellent For What,’ and the wildly popular ‘In My Feelings.’ When it comes to modern pop playlists, it is incomplete without the songs of Drake. 

For decades, Drake has mainly been one of the greatest stars in the music business. In addition to being one of the most adored musical stars of all time, he has also succeeded in winning several honors and trophies, including multiple Grammys

That is not all about Drake, but there is much more you must know. People, especially young individuals, and teens, are obsessed with learning everything about their artists. However, if you are one of them or searching for who Drake is, you are indeed on the right informational page. If you are curious whether Drake is the wealthiest rapper or how much Drake’s net worth is, read till the end!

Early life

drake early life

Image Source: Insider

Bio

Name Drake
Gender Male
Birth Name Aubrey Drake Graham
Date of Birth 24 October 1986 (36 years)
Place of Birth Toronto, Canada
Height 1.83 m (6 ft 0 in)
Nationality Canadian
Religion Jewish
Ethnicity African-American and White Canadian
Profession Rapper, Singer, Songwriter, Actor
Net Worth $260 Million
Salary $70 Million Per Year

 

Hence, it is essential to understand who Drake is and where he comes from before finding his net worth. Toronto, Canada, was the birthplace of Drake on October 24, 1986. His real name is Aubrey Drake Graham. His father used to work as a drummer for a well-known musician, Jerry Lee Lewis; meanwhile, his mother was a teacher and a florist.

Drake had a Jewish mother and African American Catholic father; thus, he had a unique religious and racial heritage. However, his parents divorced when he was just five years old. His mother has raised him since then in the city where he was born. As he settled in Memphis, Drake occasionally visited his father.

Drake’s education

Drake went to Forest Hill Collegiate High School to study arts. He was bullied in school and discriminated against because of his race. He later went to Vaughan Road Academy to continue his high school education but soon dropped out. He finally completed his degree in high school in the year 2012.

Early career

drake early career

Image Source: Insider

Drake came into the television industry in 2000. In the teen soap Degrassi: The Next Generation, he appeared as Jimmy Brooks- a wheelchair-ridden character. The show aired from 2000 to 2015, whereas Drake left the show in 2008 to pursue his music career.

Music career

Music career

Image Source: The New York Times

 

Before he quit the show in 2006, he released 17 original tracks on his debut mixtape, “Room For Improvement.” His second mixtape, “Comeback Season,” was released in 2007. In 2008, he signed a deal with Lil Wayne’s label Young Money Entertainment. He reached the Top 10 of the US Billboard Hot 100 and UK Singles Chart with his iconic single “We Are Young Money.”

When Drake re-released “So Far Gone” in 2009, he received several awards. He was awarded a Grammy for Best Rap Album in 2013 for the song “Take Care” with Rihanna.

During his tenure as Saturday Night Live host, he returned to television. The rapper earned many awards throughout his career for his outstanding performance as a rapper. Among Drake’s most notable albums is “Certified Lover Boy,” released in September 2021.

Drake’s net worth in 2023

Drake's net worth in 2023

Image Source: Capital XTRA

 

Since releasing his first smash song, “Best I Ever Had,” Drake has become one of the highest-paid singers in the world. His musical success has brought him enormous riches. He has, however, also made money from his performing profession. Drake currently has a net worth of $265 million and is a well-known figure in Canada who is renowned throughout the globe for his superb vocals and rapping.

Drake’s net worth growth

Year Net Worth
2017 $135 Million
2018 $150 Million
2019 $170 Million
2020 $200 Million
2021 $220 Million
2022 $260 Million
2023 $265 Million

Drake’s real estate

Drake’s real estate

Image Source: Mansion Global

Looking at Drake’s estate, we see that he has invested his money intelligently. The California palatial mansion Drake purchased in 2012 cost $7.7 million. It also has a party house of 2,000 square feet and the main house of 12,000 square feet, known as the YOLO Estate. An estate like this is like stepping onto a movie set. Many people consider it to be their dream house.

A basketball court, a 25-seat movie theater, and a sand volleyball court are available on the estate. There are also private pools in Southern California at the property. He expanded his land in 2015 by spending $2.8 million to purchase the adjacent 1.6-acre acreage. He added more space to the property in 2018 by spend ing $4.5 million to buy another neighboring home. His private home now includes 6.7 acres of connected land at the end of a cul-de-sac, representing a $15 million investment in real estate alone.

drake

Image Source: The Mirror

In March 2022, Drake sold the YOLO estate for $22.7 million. For $14.8 million, a buyer could also purchase just the main house. Drake also owns a property worth $6.7 million in suburban Toronto’s “Bridle Path” which he bought in 2016. On the two acres of land, he started construction on a 50,000-square-foot house. The home includes a 10-car carport, an NBA-size basketball court, a gym, an awards area, and many other amenities. Three thousand two hundred square feet are devoted to the main suite alone.

On March 8, 2022, It was reported that Drake had agreed to purchase the 20-acre Beverly Hills estate of British artist Robbie Williams. In addition, he possesses an apartment in Toronto’s downtown. Drake has real estate holdings valued at least $100 million in total.

Exclusive jet

Exclusive jet

Image Source: Hollywood Unlocked

Drake unveiled his recently purchased Boeing 767 private aircraft, which he has named (and decorated) “Air Drake,” in a video posted to instagram in May 2019. Drake is seen in the film saying that he is the sole proprietor  of the aircraft, with “no rental, no timeshare, no co-owners.” A similar type of quality private aircraft would cost between $75 and $100 million.  

Drake’s wealth achievements

drake's net worth overtime

Image Source: Money Nation

 

  • In 2009, Drake’s first submitted net worth was estimated to be $1 million. 
  • In 2012, His wealth reached $25 million.
  • In 2014, He earned over $45 million. 
  • In 2016, he first surpassed $80 million.
  • In 2018, Finally, he exceeded $100 million of his total net worth.
  • In 2019, His net wealth first reached $150 million.

Drake’s business ventures and endorsements

Drake has worked successfully as an advocate with several companies. These endorsement agreements undoubtedly increase Drake’s net wealth. He has unique partnerships with Burger King, Whataburger, and sprite.

  • OVO Sound: Around 2012, Drake established his record label, OVO sound. The brand acronym for October’s very own and now Warner Bros distributed his album to the company. 
  • Toronto Raptors: In 2013, Drake was named the franchise’s international representative.
  • Apple music: Drake is the face of the service and has an estimated $19 million exclusivity agreement with it.  
  • Dream crew and investment: in 2017, Drake and Adel Future Nur co-founded the production firm DreamCrew, best known for producing the hit singles top boy and Euphoria. 
  • 100 thieves: 2018 saw the internationally famous rapper purchase ownership shares in the gaming company 100 thieves. He entered the company as both a co-founder and co-owner.
  • Virginia Black: Drake even has bourbon-based whiskey known as Virginia black. 
  • Nike and Air Jordan: Air Jordan OVOs were created in 2013 due to a collaboration between Drake, Nike, and Air Jordan. In addition, he launched the Nocta sub-label for Nike. When he worked with Nike, he developed the “Weekender Collection” and the “Winter Survival Collection.” 
  • Other notable apparel partnerships: OVO and BAPE were involved in another well-known design partnership. Along with revolving, he debuted his collection of fragrant candles under the better world fragrance brand.
  • Collaboration with Mike Tyson: In 2022, he released several limited edition OVO owl silhouette-labeled shirts and other products in partnership with Mike Tyson.

Drake has been one of the biggest musical phenomena; A million people who enjoy Drake’s tracks and albums attest that he is one of the most popular rappers, vocalists, and composers. Drake is a famous rapper, vocalist, and composer. Aside from that, he has had a remarkable acting career. When it comes to his net worth, it has increased over the years without stopping.

Drake’s net worth was $220 million in 2021, $200 million in 2020, $170 million in 2019,  $150 million in 2018, and $135 million in 2017. His net worth will be $260 million in 2023. The man has released some of the greatest tracks ever and has undoubtedly topped every music list. Find a rundown of the best Drake tracks ever streamed below.

Drake has supported numerous well-known companies, notably Sprite, Burger King, Whataburger, Nike, and Apple. Drake agreed to a $19 million exclusivity agreement when Apple Music debuted. This agreement allows Drake’s upcoming standalone albums to be exclusively available at Apple. Drake established his own record company. OVO sound currently represents the music of singers like PartyNextDoor, Majid Jordan, and Kash doll, and musicians like Boi-1da, Future The Price, Mike Zombie, and others in addition to Drake.

He presents a yearly Drake night with the Toronto Raptors as the team’s “Global Ambassador.” Virginia Black, Drake’s bourbon-based whiskey line, was introduced in 2016. It sold four thousand boxes in the first week the business was open. The firm delivered an extra 30,000 units later in the year.

Assets

There is no doubt that Drake is an excellent financial manager. Among Drake’s possessions is a luxurious Boeing 767 freighter, which he spent millions of dollars upgrading. He also owns the OVO Sound record label.

drake's assets

Image Source: CARHP

In terms of his car collection, he has a variety of models. Among his possessions are:

  • Bugatti Veyron Sang Noir
  • Bentley Continental GTC V8
  • Bentley Mulsanne
  • Brabus 850 6.0 Biturbo Coupé
  • Lamborghini Aventador Roadster
  • Rolls-Royce Phantom
  • McLaren 675LT
  • Mercedes-Benz SLR McLaren

Drake’s investments

As a result of his investments in a variety of businesses, including whiskey and weed, Drake’s net worth is highly impacted. In addition to Notch, he has launched Nike apparel lines such as socks, sweatsuits, and puffer jackets. As a result, Drake launched a whiskey brand with Brent Hocking in 2016 called “Virginia Black.” He generated sales of 30,000 cases in the first year of the brand’s launch; thus, it was a huge success.

Additionally, he announced in 2019 that he would partner with Canadian Canopy Growth Corporation at a 60% stake.

Drake planned to grow premium cannabis in his hometown using high-quality cannabis plants.

Drake vs. Eminem

There have been several comparisons between Drake and Eminem. It’s not uncommon for fans of both singers to fight over whose affluence is greater. Who is more affluent, Eminem or Drake? Who has more sales, Drake or Eminem? Considering the facts, both musicians offer exceptional skills and contribute to the music industry. The following steps will determine if there are any differences between the careers of these singers.

If we compare Eminem’s social media stats with those of Drake, we can find that Drake has a broader following on social media than Eminem does. On Instagram, Drake has 124 million followers, whereas Eminem only has 37 million, a significant difference.

Additionally, Eminem has nearly 40 million Soundcloud listeners, while Drake has 70 million; that’s quite a challenge. Drake has a much larger listening audience on Spotify, the world’s number one audio streaming platform. Keeping only the following of both singers in mind makes it difficult to determine who is a better rapper.

Because Eminem has been rapping for more than Drake, many consider him the best rapper. If you compare Drake’s net worth with Eminem’s, you will be shocked at the difference. According to Forbes, Drake’s net worth is around $260 million as of 2022; Eminem’s net worth is almost 230 million dollars, not much of a difference, but Eminem’s assets are more valuable. By now, you must have understood who has more sales Drake or Eminem, and who is more affluent, Eminem or Drake?

How is Drake’s love life?

How is Drake’s love life

Image Source: MEAWW

Drake has been romantically involved with several women but is not a playboy. Rihanna, the second-best-selling female musician in history, dominates women in this category. A long time ago, Drake was obsessed with Rihanna. In 2016, there were rumors that Drake and Rihanna were dating, but the words never caught on, and Rihanna revealed that the couple was no longer together.

It was rumored that Drake and Johanna Leia dated in 2021. There have been reports of her attending basketball games with her son, but they haven’t confirmed their relationship. When Drake reportedly went on a date with a girlfriend, he rented the entire Dodgers stadium.

The last time he was reported to have dated was in February 2020, when Imaan Hammam was rumored to be his girlfriend. Her home is Amsterdam, and she is known as the Dutch Victoria’s Secret model. During New York Fashion Week, It spotted them walking hand in hand.

Bella Harris, a 19-year-old model, was Drake’s other ex-girlfriend before Imaan.

In 2018, Bella signed with Elite modeling agency.

The relationship between Drake and the singer began as a fan, but soon they became close friends. A backstage photo of the couple getting cozy at Drake’s concert led to last year’s breakup. As a result of Kanye’s revelation to Pusha T about Drake having a secret son, the Canadian star sparked allegations he had bedded the woman of his former friend.

Does Drake have any kids?

It announced the birth of Drake’s son on June 29, 2018. The mother of Drake’s no longer extended secret child is Sophie Brussaux, a retired pornstar. It posted a photo of Drake and Sophie from January 2017 on Instagram. It saw that they were chatting happily with friends while enjoying a Japanese meal at the restaurant.

Drake’s achievements So far

His projects “If You’re Reading This, It’s Too Late” and “What a Time to Be Alive” became the first hip-hop album to reach No. 1 on Billboard in 2004. He was the first artist in over a decade to get No. 1 13 consecutive times with his fourth studio album, Views.

The mixtape “More Life” took 24 hours to become the most streamed album on Apple Music and Spotify. He received 13 awards at the Billboard Music Awards, the world’s biggest music awards show.

According to Apple Music and Spotify, “God’s Plan” broke streaming records in 2018. He became the most successful rapper with the top ten Hot 100 hits. A former No. 1 was replaced by a new No. 1 with the success of “Nice For What.”

A billion streams have been logged by Scorpion on Spotify and Apple Music, breaking More Life’s streaming record. When The Beatles had seven top-ten singles in 1964, it broke their record of five top-ten dollars at once. When “Tootsie Slide” debuts at No. 1 this year, it is his first as a male artist. In January 2021, Spotify streams surpassed 50 billion for the first time.

Grammy Award for Best Rap Song 2019, 2017
Grammy Award for Best Rap Album 2013
Grammy Award for Best Melodic Rap Performance 2017
Billboard Music Award for Top Artist 2022, 2019, 2017
Billboard Music Award for Artist of the decade 2021

Section

A list of Drake’s films

Drake has had several significant and supporting parts on television and in movies. A comprehensive summary of his filmography is further down:

  • Charlie bartlett as A/ jones in 2007 
  • Mookie’s law (2008), Chet Walters
  • 2011, Make a Break for itself (Cameo)
  • Ice age: Continental Drift (2012), with Ethan (voice role)
  • As a devotee of Ron Burgundy, I saw Anchorman 2: the legend continued in 2013. 
  • Think like a man too as himself in 2014
  • 2017’s the carter effect and the noisy documentary  6ix rising (documentary, also executive producer)
  • Remember me, Toronto, 2019 (documentary by Mustafa, the poet)
  • Black ice 2022 (documentary by Mustafa, the poet)
  • Regarding Khadija, (documentary, executive producer)

Drake’s roles in television  

  • Blue Murder starred as Joey Tamarin in “out-of-towners: part 1” in 2001
  • Degrassi: the next generation, 100 programs from 2001 to 2008, James “Jimmy” brooks
  • 2002’s “from dreams to nightmares” episode starred soul food as Frederick
  • Conviction as a teen fish in 2002 (television film)
  • In the 2005 episode “season finale,” the best friend acts as the dater 
  • 2005’s “personality crisis” episode saw an instant star play himself
  • Gordon Harvey, PFC,  appeared in the 2008 “stop loss” episode of the border 
  • Being Erica as Ken in the 2009 television episode “what I am Is what I am”
  • Episode of “An outing with Sophie” from 2009 starred Sophie as Ken
  • In 2009’s one “Elle’ of a party” episode of Beyond the break, he played himself
  • As himself in the 2010 episode “Drake, Jennie Finch, and Queen Latifah,” when I was 17 years old
  • 2011, as the host of the Juno Awards (television special)
  • 2011, “Anna Faris/ drake” episode of Saturday night live as himself (musical performer)
  • Punk’d as himself in the “Drake” episode of Saturday Night Live featured him as a presenter and singing guest
  • 2018, the Shop in episode 2 as himself 
  • In the 2018 episode of “OMP: Drake,” the Egos play Drake.
  • 2019: executive director euphoria
  • Top boy serving as executive director in 2019
  • Executive director TBA for Chillin Island

Drake legal problems and controversies

Drake has been involved in several disputes throughout his career and has even run into court issues. Some of the most contentious:

  • Drake was compelled to hand over his diamond and gold jewelry when he was kidnapped at gunpoint in Toronto in 2009.
  • Ericka Lee sued Drake in 2012, claiming he had improperly used her vocals in the song “Marvin’s Room.”
  • The Jimmy Smith’s heirs also sued Drake for using “Jimmy Smith Rap,” a well-known song by Jimmy Smith, without permission in his “pound cake/ Paris Morton Music 2.”
  • Drake and his security were accused of attack in 2017 by Noel Fisher after Drake punched Fisher in the face. 

Regarding well-known disputes, Chris Brown and Drake had a falling out in 2013. Additionally, Drake notoriously attacked Diddy in 2014. He engaged in a well-known dispute with Joe Budden in 2016. A contentious breakup between Drake and Kanye West occurred around 2018 as well. The Weeknd, Tory Lanez, Ludacris, Jay-Z, DMX, Anthony Fantano, Kendrick Lamar, Common, and XXXtentaction are a few other artists with whom Drake is rumored to have beef. Some of them have been addressed, while others remain.

Career highlights

Below are some highlights from Drake’s career:

  • Rookie of the Year
  • BET Hip-Hop Awards
  • MVP of the Year
  • BET Hip-Hop Awards
  • New Artist of the Year
  • Juno Awards
  • Hal David Starlight Award
  • Songwriters Hall of Fame
  • Best Male Hip-Hop Artist
  • BET Awards
  • Best Rap Album
  • Grammy Awards
  • Favorite Rap/Hip-Hop Artist
  • American Music Awards
  • Favorite Rap/Hip-Hop Album
  • American Music Awards
  • Best International Act
  • MOBO Awards
  • International Male Solo Artist (2017)
  • BRIT Awards

Top 5 songs

drakes top 5 songs

Image Source: Pinterest

Drake has given too many popular songs throughout his career. Below is the list of his top 5 songs:

“God’s Plan”

It was a critical and commercial success to have “God’s Plan” as a part of our research. We could not choose just one song from Drizzy’s catalog, but we highlighted this Scorpion standout. No doubt everyone knows and appreciates this bop, regardless of whether they are Drake fans.

Drake ends “God’s Plan” positively, discussing his future as an artist, infiltrators trying to penetrate his inner circle, and his faith that God won’t let him down. His most positive, dreamy, and upbeat track has an ultra-positive vibe. Billboard reported 127,000 downloads for “God’s Plan” on January 25, 2018.

“In My Feelings”

The fact Drake took a dozen years to turn this title into an anthem is almost unbelievable. Despite this, it proves that only some people create Instagram caption-ready anthems that resonate with listeners emotionally. Scorpion’s song by TrapMoneyBenny and BlaqNmilD is undoubtedly one of the best applications of bounce music. Doing so carefully outside a moving vehicle is essential in the accompanying dance challenge.

“Marvin’s Room”

Likewise, this song uses a cellphone and is underrated and underappreciated, as well as “Hotline Bling” and “HYFR.” “Marvin’s Room” features music generated by a phone call. Throughout the entire play, a phone call takes place.

He vents his loneliness to his lover while drunk and alone at a crazy party. Drake attempts to persuade the girl to leave her current relationship by convincing her to love him again in this cinematic track. The track was recorded at Marvin Gaye’s “Marvin’s Room” studio for Drizzy’s album Take Care.

“Marvin’s Room” has received many remixes because of its structure, relaxed Frank Ocean vibe, and relatability. The remix of this song from Weezy’s mixtape Sorry 4 The Wait is one of his most popular remixes.

“Hold On; We’re Going Home,”

A Drake song is his best when he sings, not when he raps. There would be no limit to the number of CVS locations nationwide where the thrilling hit from 2013’s Nothing Was The Same would fly like a dream. One of the most beautiful, soothing, emotionally charged songs of all time; there is no doubt about that.

“Nice For What”

The song “Nice For What” is Drake’s second biggest hit from Scorpion, following Scary Hours. During this danceable track, Drake talks about women’s empowerment in the digital era. When it comes to love, Drizzy asks why women are expected to commit to their husbands while men aren’t held accountable for failing. Female icons featured in the video include Issa Rae, Olivia Wilde, and Zoe Saldana.

The son of Lauryn Hill used a sample from her iconic “Ex-Factor” song to tease “Nice For What” last year.

“Passionfruit”

A long-distance relationship is the focus of the piece “Passionfruit.”. Despite Drake’s vague reference to a specific partner, its beat, tropical/dancehall elements, and wordplay make it popular. Moodymaan and Zoe Kravitz also make a few guest appearances.

Top 10 most streamed songs: What are some of Drake’s most streamed songs? Here’s a list:

  1. One Dance
  2. God’s Plan
  3. Nice For What
  4. In My Feelings
  5. Work
  6. Life Is Good
  7. Passionfruit
  8. Too Good
  9. No Guidance
  10. Hotline Bling

Highlights from Drake’s career

Below are some of his most significant achievements of Drake:

Award Year Category
BRIT Awards 2017 International Male Solo Artist
MOBO Awards 2016 Best International Act
American Music Awards 2016 Favorite Rap/Hip-Hop Album
American Music Awards 2016 Favorite Rap/Hip-Hop Artist
Grammy Awards 2013 Best Rap Album
BET Awards 2010, 2012, 2014, 2016 Best Male Hip-Hop Artist
Hal David Starlight Award 2011 Songwriters Hall of Fame
Juno Awards 2010 New Artist of the Year
BET Hip-Hop Awards 2010 MVP of the Year
BET Hip-Hop Awards 2009 Rookie of the Year

Drake’s tours

Drake’s 2010 “Away from Home Tour” marked his first headline tour. By the end of 2019, he will perform on five more headlining tours. Aside from hosting four tours, he also performed with the rapper group Migos in 2018.

In 2015, Summer Sixteen’s “Summer Sixteen Tour” brought in $84.3 million from 54 shows, making it the most lucrative hip-hop tour up to that point. They are estimated to earn between $1.56 million and $1.58 million per show. An 80 million dollar profit was made over 43 shows by the Migos co-headlining tour in 2018. Across all concerts, this amounts to $1.86 million on average.

In Toronto, Drake holds a summer concert called “OVO Fest,” which is always sold out.

It is expected that Drake can quickly bring in $500,000 per appearance with his show at The XS Nightclub in Las Vegas. Now, Drake earns more than $2 million for more formal events.

FAQs

How much money does Drake have in 2023?

Drake will have a net worth of $265 million in 2023.

Drake, is he a billionaire? 

According to the most recent assessment, Drake is only valued at $265 million. Whereas Jay Z’s net worth is $2.5 Billion and Puff Diddy’s net worth is $1.0 Billion.

What Drake tracks have received the most streams?

One Dance (2016),  God’s Plan  (2018), Nice For What (2018), In my feelings (2018), Work by Rihanna featuring Drake (2016), Life Is Good (2020), Passionfruit (2017), Top Good by Drake featuring Rihanna (2016), No Guidance by Chris Brown Featuring Drake (2019), and hotline Bling round out the top ten Drake tracks with the most streams(2015). 

Who is on the executive staff for Drake?

Oliver El-Khatib, a co-founder of OVO and a music composer, and DJ Adel “Future the Prince” Nur manage Drake. Noah “40” Shebib, the third co-founder of OVO, produces him.

How much money does Drake earn from Spotify each year?

Based on the nearly 70 million daily users who appreciate his content on the platform, we project Drake’s yearly income from Spotify at $25 million.

Summing up

Drake’s success is attributed to his consistently producing new tracks with his unique tone. The Rap-scene and hip-hop world have been captivated by Drake’s fresh lyrics and clean appearance since he first appeared on the popular TV series Degrassi: The Next Generation.

Drake has always been one of the top artists and has millions of fans. He has never failed to impress his audience with heartfelt music and an aspiring attitude.