W R Drake Net Worth

Drake is a famous rapper, producer, and actor from Canada. He has a net worth of $250 million. He first became famous as an actor on Degrassi: The Next Generation. In 2006, he started making music with his first mixtape, Room for Improvement. His big break came in 2009 with his mixtape So Far Gone, which had the hit song “Best I Ever Had.” He joined Lil Wayne’s Young Money Entertainment and released his first album, Thank Me Later (2010), which went straight to number one. Albums like Take Care (2011), Nothing Was the Same (2013), and Views (2016) made him a global superstar.

Drake’s music is special because of his personal lyrics and catchy tunes. He mixes rap, R&B, and pop. His songs are always at the top of streaming charts and break records. Besides music, he is big in fashion, business, and pop culture. Albums like More Life (2017), Scorpion (2018), and Certified Lover Boy (2021) have kept him popular. He also works with many different artists to make great music.

Drake is one of the richest entertainers in the world. He has made over $430 million in his career before paying taxes and expenses. He earned $45 million from June 2017 to June 2018. In 2017, he made $95 million. From June 2018 to June 2019, he earned $75 million, and the next year he made $50 million. Drake is still earning lots of money and staying successful.

Universal Music Group Contract

In May 2022, Universal Music Group made a big announcement about Drake. They said he signed a new deal with them. The deal is “long-term” and “worldwide.” It includes music, movies, TV, and brands. Drake talked about this deal in some of his songs.

In one song, he said he got “360 up front.” Fans think this means he got $360 million right away. Some people say the deal might be worth $400 million or more. Before this, Drake’s songs made about $50 million a year for Universal.

If the deal is worth $400 million, Drake may have gotten $200 million after taxes.

Early and Personal Life

Drake was born on October 24, 1986, in Toronto, Canada. His dad, Dennis, was a drummer and played with famous musicians like Jerry Lee Lewis. His mom, Sandra, or Sandi, was an English teacher and had a flower shop. Drake went to a Jewish school and had a Bar Mitzvah.

When Drake was five, his parents got divorced. His dad moved to Memphis and went to jail for some bad choices. Drake stayed with his mom in Toronto but visited his dad in Memphis when his dad wasn’t in jail. Drake has said his dad wasn’t around much when he was growing up, but his dad says that’s not true.

Drake and his mom lived in a small part of a big house in a rich neighborhood. His mom lived on the top floor, and Drake lived in the basement. They didn’t have a lot of money.

Drake went to a school called Forest Hill Collegiate Institute, where he liked acting and music. He later went to another school, Vaughan Road Academy, but got bullied because he was mixed-race and Jewish. He left school for a little while but finished and graduated in 2012.

Drake has had some famous girlfriends. He dated Rihanna from 2009 to 2016. He said Rihanna was the woman he loved since he was 22. In 2017, a woman named Sophie Brussaux had his son, Adonis. Drake told everyone he was the dad in 2018.

Drake’s story is inspiring. By 2024, his net worth was $250 million. His hard work, music, and smart choices helped him become one of the richest entertainers. He has made money from albums, brand deals, and smart investments.

Drake keeps growing his career and stays on top. He is still a big influence in music and pop culture.

Degrassi

When Drake was 15, he got a role on “Degrassi: The Next Generation.” A friend’s dad, who was an acting agent, helped him get the part. He played Jimmy Brooks, a basketball player whose life changed after being shot. Drake was on the show from Season 1 to Season 7 and made a few guest appearances in 2008.

During this time, his mom became very sick and couldn’t work. His “Degrassi” salary became their main income. He made about $50,000 a year, which was around $2,000 a month after taxes. Looking back, Drake said:

“My mother was very sick. We were very poor, like broke. The only money I had coming in was off of Canadian TV.”

Music Career

Drake loved rap and was inspired by artists like Jay-Z. He wanted to make it on his own before signing to a big label.

In 2005, he released his first mixtape, “Room for Improvement.” He sold over 6,000 copies through his website and MySpace. The next year, he dropped his second mixtape, “Comeback Season,” under his new label, October’s Very Own (OVO Records).

One song, “Replacement Girl,” became popular. It was the first music video by an unsigned Canadian rapper to air on BET. One version of the song sampled “Man of the Year” by Brisco, Flo Rida, and Lil Wayne.

Jas Prince, a music executive from Houston, heard the song and showed it to Lil Wayne. Wayne liked Drake’s music and invited him to join his tour. While traveling together, they made songs like “Brand New,” “Forever,” and “Ransom.”

Young Money Entertainment

Many thought Drake signed with Young Money right away, but he was still independent. In 2009, he dropped his third mixtape, “So Far Gone,” for free on his website. It featured artists like Lil Wayne, Lloyd, Trey Songz, Omarion, and Bun B. The mixtape was an instant hit. In the first hour, it got 2,000 downloads. Later, it went Gold and reached #2 on the Billboard Hot 100.

The mixtape became so popular that it was released as an EP. It debuted at #6 on the Billboard 200 and won the 2010 Juno Award for Rap Recording of the Year.

Drake’s fame kept growing. Many record labels wanted to sign him, leading to a huge bidding war.

On June 29, 2009, Drake finally signed with Young Money Entertainment. The deal was a joint venture with Cash Money Records and Universal Music, which handled distribution.

Mainstream Success

Drake released his first album, “Thank Me Later,” on June 15, 2010. It went #1 in both Canada and the U.S. In the U.S., it also topped the Billboard 100, R&B/Hip-Hop, and Rap charts. Later, it was certified Platinum by the RIAA.

His second album, “Take Care,” came out in 2011. It also hit #1 and became a huge success. It went 6× Platinum.

Since then, every album he has made has gone at least 4× Platinum.

Drake is one of the biggest stars in hip-hop. He has worked with artists like Kanye West, Eminem, Jay-Z, and Travis Scott. He has won over 180 major awards, including four Grammys out of 40 nominations.

Each of his concerts makes around $1 million.

Record-Breaking Sales

Drake has sold more digital singles than anyone in history. He has sold over 163 million, which is 40 million more than Rihanna, who is in second place.

He has also sold 26 million albums. That makes him the 80th highest-selling artist ever. Among Canadian artists, he is #3, behind Shania Twain (48 million) and Celine Dion (50 million).

YOLO Estate

Drake was born in Canada. But in 2012, he bought a huge mansion in Hidden Hills, California. He paid $7.7 million in cash.

His property, called the “YOLO Estate,” has several houses. There is a 12,000-square-foot main house and a 2,000-square-foot party house.

The estate has horse stables, a 25-seat movie theater, a basketball court, a sand volleyball court, and a huge pool. The pool wraps around the house. It has waterfalls, a swim-up bar, an 80-foot water slide, and a grotto.

Drake had wanted this house for a long time. He once searched for “craziest pools” online and saw this one. He even set a photo of the pool as his computer background for years. The house was originally listed for $27 million in 2009. But in 2012, the owner needed money, so Drake bought it for $7.7 million.

In 2015, he bought a nearby property for $2.8 million. In 2018, he bought another for $4.5 million. His total Hidden Hills estate became 6.7 acres and cost $15 million.

In March 2022, Drake listed the YOLO Estate for $22.7 million. He also gave buyers the option to buy just the main mansion for $14.8 million.

In April 2022, NFL player Matthew Stafford bought two of the three properties for $11 million. In July 2022, the last piece sold for $12 million.

Toronto Mansion

In 2016, Drake bought land in Toronto for $6.7 million. It was in a fancy area called The Bridle Path.

He built a huge 50,000-square-foot mansion. It has a 10-car garage, a full NBA basketball court, a gym, an awards room, and more.

His bedroom alone is 3,200 square feet.

Drake also owns a condo in downtown Toronto.

$90 Million Beverly Hills Mansion

On March 8, 2022, Drake bought a 20-acre Beverly Hills mansion from Robbie Williams. He paid $75 million in a private deal. Before that, it belonged to Guess. co-founder Armand Marciano.

Drake purchased a company called 11Kip, LLC. He got a $52.5 million mortgage from Bank of America. That means he paid $22.5 million in cash.

In May 2023, just a year later, he listed the house for $88 million. He relisted it in May 2024 for the same price.

By January 2025, Drake also put it up for rent for $250,000 a month.

300+ Acre Texas Estate

In October 2023, Drake bought a huge ranch in Texas. It is 313 acres and cost $15 million.

The property was once a private estate for a wealthy family. In 2004, they turned it into a luxury resort called The Inn at Dos Brisas. It became very popular and won many awards.

In 2022, the resort closed down because of COVID-19. It was put up for sale in April 2022 for $17.5 million. By May 2023, the price dropped to $15 million.

Drake bought the ranch in October 2023. The exact price is unknown, but it was over $10 million.

Air Drake Private Jet

In May 2019, Drake showed off his private jet on Instagram. The plane is a Boeing 767 and is called “Air Drake.”

Drake said he fully owns the jet. In the video, he proudly says, “No rental, no timeshare, no co-owners.”

A jet like this costs between $75 million and $100 million.

Drake’s Net Worth Milestones

In 2009, Drake’s net worth was $1 million. He had just signed with Lil Wayne’s Young Money.

By 2012, his net worth grew to $25 million. In 2014, it passed $45 million. By 2016, he reached $80 million for the first time.

In 2017, he made $100 million. This helped him pass $100 million in early 2018. By May 2019, he had over $150 million.

Business Ventures

Drake has worked with big brands like Sprite, Burger King, Whataburger, Nike, and Apple. When Apple Music started, he signed a $19 million deal. Apple became the only place to release his solo music.

In 2012, he started OVO Sound. It is his own record label under Warner Bros. OVO Sound includes artists like PartyNextDoor, Majid Jordan, and Kash Doll. It also has producers like Boi-1da, Future the Prince, and Mike Zombie.

Drake is also a “global ambassador” for the Toronto Raptors. He even has a special event called Drake Night.

In 2016, he launched his whiskey brand, Virginia Black. It sold 4,000 bottles in the first week. By the end of the year, he sold 30,000 more bottles.

Concert Tours

Drake went on his first big tour in 2010. It was called the “Away From Home Tour.”

Since then, he has done five solo tours. He has also gone on four big tours with other artists. One of his biggest tours was in 2018 with Migos.

In 2016, his “Summer Sixteen Tour” was the biggest hip-hop tour ever at that time. It made $84.3 million from 54 shows. That’s about $1.56 million per concert.

In 2018, his tour with Migos made $80 million from 43 shows. This time, he earned $1.86 million per night.

Every summer, Drake hosts “OVO Fest” in Toronto. Tickets sell out very fast. He also has a Las Vegas residency at XS Nightclub. He earns $500,000 for just one night.

Now, for a full concert, he makes over $2 million.