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Drake Net Worth: Has the Singer Turned a Billionaire in 2024?

Drake Net Worth: Has the Singer Turned a Billionaire in 2024?
Credit: champagnepapi at Instagram

Aubrey Drake Graham, professionally known as Drake, is a Canadian rapper, singer, songwriter, and actor known for lending his voice to one of the most popular songs, Hold On, We’re Going Home. Initiating his career as an actor, this singer formerly appeared in the hit Canadian TV series Degrassi: The Next Generation. Nevertheless, it was music that earned him a household name, and he ranked among the top singers in the world. In this article, we will talk about Drake’s net worth and what contributes to his net worth.

Drake’s Net Worth

As of 2024, Drake has an estimated net worth of $260 million, according to Celebrity Net Worth. From being an ordinary boy from Toronto to ranking among the best music sensations in the world, Drake has come a long way. Besides music, several factors contribute to Drake’s net worth.

Net Worth$250 Million
Salary$70 Million Per Year
BirthdateOctober 24, 1986 (37 years old)
BirthplaceToronto
GenderMale
Height6 ft (1.83 m)
ProfessionActor, Singer, Songwriter, Rapper, Voice Actor, Composer, and record producer
NationalityCanada

Factors Contributing to the Net Worth of Drake

Music

Renowned for his voice, Drake’s major income sources are revenue from album sales, singles, and streaming worth $120 million.

Concerts and Tours

Along with music, concerts and tours majorly contribute to Drake’s net worth, and he earns more than $70 million from them.

Endorsements

In addition to his musical career, he endorses several brands and is signed with Nike and Apple. Meanwhile, his fees from endorsements are $30 million.

Business Ventures

Along with being a musician, he is an entrepreneur and owns an OVO Sound Record label and clothing line worth $25 million.

Acting

Initiated in the entertainment industry as an actor, Drake earns more than $5 million a year from his acting projects

Other

Moreover, merchandise and YouTube also contribute to the net worth of Drake, and he earned more than $10 million from projects.

Real Estates

An impressive real-estate investment, Drake’s portfolio boasts several properties. The list includes:

  1. Hidden Hills, California—The Yolo Estate
  • Acquisition Date: 2012
  • Purchase Price: $7.7 million (cash deal)
  1. Toronto: The Bridle Path Mansion
  • Acquisition Date: 2016
  • Purchase Price: $6.7 million (for the land)
  1. Beverly Hills Mansion
  • Acquisition Date: March 8, 2022
  • Purchase Price: $75 million (from British singer Robbie Williams)
  1. Downtown Toronto Condo
  • Purchase Price: $4.2 Million

Private Jets

Drake is among the few entertainment personalities to own a private jet, which is also one of his most notable acquisitions. Meanwhile, the aircraft’s name is the Boeing 767-300F.

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Car Collection

Besides owning a private jet, Drake’s garage parks some of the best high-end cars. Drake’s car collection includes the Mercedes-Benz SLR McLaren, Ferrari LaFerrari, and Devel Sixteen.

Early Life

Drake was born on October 24, 1986 (age 38, as of 2024) in Toronto, Ontario. His father, Dennis Graham, is an African-American drummer. Meanwhile, his mother, Sandra “Sandi” Graham, is a Canadian Jew who worked as an English teacher and florist. Drake had a turbulent childhood. He was only five when his parents divorced.

Although Drake is the only child of his parents, a media report suggested that Drake has a half-sister from his father’s side.

Personal Life

Drake has dated several celebrities in his life, including Rihanna, Hailey Beiber, Julia Fox, Kylie Jenner, and Jennifer Lopez. Nevertheless, one of his infamous relationships with Rihanna went on and off for many years until they announced their separation in 2016.

Children

Drake has a son named Adonis, who was born on October 11, 2017, to French painter and former model Sophie Brusauxx.

Also read – From Wrestler to Icon: John Cena’s Net Worth, Biography, Age, Height, and Family Story

Do you Know These lesser-known facts about Drake?

  • Drake follows Judaism, and he was born to a Jewish mother, Sandra Sandi “Graham.”
  • Besides his career and net worth, Drake is known for attracting several controversies.
  • For those who are unaware, he got musical stints from his family. Meanwhile, Drake’s father, Dennis Graham, is a drummer who worked with Jerry Lee Lewis, and his uncle, Larry Graham, played bass for Prince.
  • Although he is best known for music, Drake started his career as an actor. Meanwhile, he made his debut with the TV show Degrassi: The Next Generation.
  • Besides being a rapper, singer, and writer, Drake is also a writer. In addition, he has written songs for famous actors like Un-Thinkable for Alicia Keys and co-wrote Fall for Your Type for Jamie Foxx.
  • Drake was greatly influenced by the late singer and actress, Aaliyah, and he went on to feature her in his song, Enough Said. Not only this, but Drake inked a tattoo of Aaliyah’s face on his back alongside his grandmother, mother, and uncle.
  • His chart records include the top 10 hits on the Billboard Hot 100 and the most charted songs (209) of any artist in the history of the Billboard Hot 100.
Shubhangi is a budding professional with a love for storytelling and an eye for detail. A journalism student and content enthusiast currently working at Tecuy Media. She is eager to bring freshness to the writing field and explore the world through her words.