Aubrey “Drake” Graham has risen from humble beginnings as a Canadian teen soap opera star to become one of the biggest names in music today. With a current net worth of $250 million, Drake is the fifth wealthiest rapper in the world and one of the highest-paid entertainers globally. Let’s take a closer look at Drake Net Worth in 2024.
From Acting to Music Stardom
Born in Toronto in 1986 to a teacher and musician, Drake landed a role on the hit teen drama “Degrassi: The Next Generation” in 2001 which helped him and his mother make ends meet. He started releasing mixtapes in 2006 and signed to Lil Wayne’s Young Money Entertainment label in 2009. His debut album “Thank Me Later” debuted at #1 on the Billboard charts in 2010, kicking off an unstoppable run.
Drake has since released five more chart-topping albums, breaking numerous streaming and chart records in the process. His singles have ruled the charts as well, including the eight-week #1 smash “One Dance” featuring WizKid and Kyla. He has won four Grammy Awards along with dozens of Billboard, BET, and Juno awards.
Lucrative Record and Touring Sales
As of this writing, Drake has moved over 170 million singles and 26 million album units over his career. His tours have grossed over $500 million, with his co-headlining “Aubrey and the Three Amigos Tour” with Migos in 2018 grossing over $80 million.
Residency shows, album advances, and endorsement deals have added tremendously to his wealth as well. An exclusive partnership with Apple Music netted Drake $19 million upfront in 2015. His Virginia Black whiskey, launched in 2016, has also proven quite lucrative.
Big Spending on Real Estate and Toys
A car and watch aficionado, Drake owns multi-million dollar Ferraris, Rolls-Royces, and Patek Philippe timepieces. He also splashed out on a $100 million custom-fitted Boeing 767 jet. But his real passion is for sprawling real estate.
Drake’s former 21,000 square foot Hidden Hills, California estate featured an enormous pool and amenities like a basketball court and recording studio. He designed and built a 50,000+ square foot mansion in his native Toronto as well. Most recently, he dropped $75 million on a 20-acre estate in Beverly Hills.
Fatherhood and Philanthropy
Drake welcomed his first son Adonis with artist Sophie Brussaux in 2017. While fiercely private about his personal life, he does use his platform and fortune for good at times. His donations have improved schools and funded youth programs in his hometown. And his Drake Foundation aims to support various educational and empowerment initiatives.
Still Young and Hungry
Having just turned 37, Drake is already one of the best-selling and highest-grossing artists ever. And with his new long-term contract with Universal Music Group guaranteeing future payouts, his net worth trajectory still looks bright.
The former child actor from Canada continues to set new records–both artistic and financial–cementing his legacy as a pioneer of his hip-hop generation. With his smooth flows and pop sensibility, Drake appeals to music fans of all backgrounds. For anyone looking to model a successful entertainment career, he has certainly charted an enviable path so far. I sincerely hope you find this “Drake Net Worth in 2024? Get the Scoop Here” article helpful.
