Drake Net Worth: $270 Million
Drake is a Canadian rapper, singer, songwriter, actor, producer, and entrepreneur. Drake was a child actor who appeared on the Canadian teen drama Degrassi: The Next Generation. He left the series and pursuing a career in music. In a very short time Drake has gained popularity and wealth too.
Apart form Music he is also an amazing entrepreneur. Drake founded the OVO Sound record label with longtime collaborator 40 in 2012. Drake is consistently one of the highest-paid entertainers in the world.
How much is Drake Net Worth?
Talking about Drake net worth as of today, it is roughly around $270 Million. Till now, he mas eared more than $500 Million in 10 years. Also he charges a huge amount on each of his shows. It is said that he is one of the highest paid artist who charges $1 million each show. He has been ranked #1 in Billboard 100. Through this we can calculate his popularity.
When Drake was just famous in year 2008 -2009 he hardly had a net worth of $1 million. Later he signed with Lil Wayne’s Young Money and released a lot of music that people started liking it. Later by 2012, he gained huge popularity and managed to make a net worth of $27 Million. Form 2014 to 2018 he doubled his net worth form $40 Million to $80 Million respectively. By 2019 he made $155 Million and by 2022 he has more than #270 Million.
You might have seen Drake in several ads like Apple, Spirit, Nike and more. But, have you every wondered how much does he charges each one of them? Well, it is hard to say for each brand, but what we know is that he makes a contract for an entire year and charges roughly between $15 Million to $19 Million per endorsements.
It was know that when Apple Music was launched, Drake had signed a contract with them worth $19 Million. This amount was one of the highest at that time.
Drake Business Venture
In the year 2012, Drake had his own record label with the name OVO Sound. This record label have done a lot of albums, sondtracks and also mixtapes with several artist. This venture of his is said to make yearly $140K profit every year.
Apart form the record label, Drake also started his own whiskey brand named Virginia Black. Every ear the company sells around 30,000 bottles across the globe.
Drake Tours and His Income
The first tour for Drake was in the year 2010 that was Away From Home Tour. 6 years later, he had a another tour, “Summer Sixteen Tour” form which he made around $87 Million with total 57 shows.
Where as there is a regular show at XS Nightclub where Drake makes around $500k only form his appearance.
Drake House and Its Worth
In terms or prosperity buying, Drake made some news in the year 2012 when he bought YOLO Estate from Los Angeles’ Saddle Ranch Bar (former owner) at $7 Million in cash. 3 years later he bought another 1.6 acre land worth $2.8 million.
In the year 2018, he bought another house form Robbie Williams worth $70 Million. If we talk about the house and prosperities Drake has, its $100 Million and above.