Drake has achieved the remarkable feat of having 13 songs top the Billboard Hot 100 list.
Key Takeaways
Here are the key points about Drake:
- He currently holds the number one spot on Billboard’s Hot 100 list, tying him with Michael Jackson for the most singles by a male solo artist to achieve this.
- According to Celebrity Net Worth, Drake’s net worth is $250 million.
- Drake has built his wealth through various business ventures, including his own record label, liquor brand, and endorsement deals with major brands like Nike.
Drake currently holds the number one spot on Billboard’s Hot 100 list, tying with Michael Jackson for the male solo artist with the most singles to top the list. His song “First Person Shooter” is his 13th single to achieve this milestone, from his latest album “For All The Dogs,” which debuted at number one on the Billboard 200 chart on October 6.
Aside from his music career, Drake has also accumulated wealth through various business ventures, including his own record label and liquor brand, as well as through lucrative endorsement deals with major brands like Nike.
According to Celebrity Net Worth, Drake’s net worth is $250 million.
This is how Drake has amassed his fortune.
Career in Music
Drake has collected a significant fortune from his thriving career as a rapper. He earns an estimated $50 million annually from his music, with his 2016 album “Views” spending a remarkable 100 consecutive weeks at the top of the Billboard 200 albums chart.
In 2021, Drake achieved a major milestone by becoming the first artist to catch 50 billion total streams on Spotify. The same year, he inked a deal with Universal Music Group, reportedly valued at nearly $400 million, as referenced in his song “Lemon Pepper Freestyle.”
Drake’s concert tours also contribute substantially to his finances.
In July 2023, he raked in $5 million over two nights at Washington D.C.’s Capital One Arena, marking his highest-grossing concert to date and making him the first rapper to exceed $5 million in a single arena concert. His 2016 Summer Sixteen tour brought in approximately $84 million, averaging about $1.5 million per tour stop.
Acting
Before Drake became a renowned rapper, he gained recognition for his role as Jimmy Brooks in the early 2000s Canadian teen drama, Degrassi: The Next Generation.
At just 14 years old, Drake, then known by his birth name Aubrey Graham, landed the role on Degrassi. He appeared in seven seasons of the show and reportedly earned $40,000 a year from it, as per a 2013 article by GQ.
Businesses & Brands
Drake has established a successful portfolio of businesses and endorsement deals.
His record label, OVO Sound, represents artists like PARTYNEXTDOOR and Majid Jordan. Additionally, his streetwear line, OVO, generated $50 million in revenue by the end of 2018.
Drake’s partnership with Nike, spanning over a decade, has led to multiple Air Jordan collaborations. As a Toronto native, he has served as the global ambassador for the NBA’s Toronto Raptors since 2013. Furthermore, Drake owns a brand of whiskey called Virginia Black.
The rapper owns a private jet and several multi-million dollar properties in Toronto. He has also invested in real estate in Los Angeles, buying and selling multi-million dollar homes.
Drake’s Earnings By Year
Drake’s earnings have been significant over the years:
- 2010: $10 million
- 2011: $11 million
- 2012: $21 million
- 2013: $11 million
- 2014: $33 million
- 2015: $40 million
- 2016: $40 million
- 2017: $95 million
- 2018: $47 million
- 2019: $75 million
- 2020: $50 million
- 2021: $40 million
- 2022: $30 million
In total, he has earned $503 million. All net worths are calculated using data drawn from public sources.
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