Aubrey Drake Graham popularly known as Drake needs no introduction in the field of music. He perfectly fits in the idiom that says “The famous musicians of all time are known just by their name”.
34-year-old Drake is a Canadian rapper, singer, entrepreneur, and actor with an estimated net worth of 250 Million dollars as of 2022.
Drake is one of the highest-paid entertainers worldwide who shot to fame a decade ago when he released his first hit single “Best I Ever Had” when he was barely 24 years old.
After his first commercial success, no one has ever made so much money in the music business as Drake did. He is indeed the true definition of a success story who hailed from a lower-middle-class family from Toronto.
Drake Net Worth: Life before becoming a Millionaire
Before he made his name and fame as a rap superstar, Drake worked as a child actor in Canadian teen drama Degrassi: The Next Generation for 6 years from 2001 to 2007.
It is estimated that Drake has made approximately $430 million throughout his career before taxes and lifestyle costs.
In the hip-hop and music industry, Drake is considered to be one of the most successful and powerful personalities who worked with big stars like Kanye West, Eminem, Jay-Z, and Travis Scott.
Early Life of Drake
Drake was born in the year 1986 in the city of Toronto, Canada. His father, Dennis was a drummer who used to perform along with other musicians like Jerry Lee Lewis.
Drake attended a Jewish day school and later joined Forest Hill Collegiate Institute in Toronto. His parents separated when he was just five. Drakes’s father later moved to the US and he was with his mother in a small two-storeyed house in Forest Hill.
Drake Net Worth: His journey towards creating a Huge Fortune
One of his friend’s father assisted Drake in getting a role in the Canadian teen drama television show “Degrassi: The Next Generation” when he was just 15 years old. He played the role of basketball star, Jimmy Brooks in the show.
His mother fell sick and could not work so his only source of income was Degrassi’s paycheck of approximately $50,000 per annum.
He once narrated this incident, “My mother was very sick. We were very poor like broke. The only money I had coming in was off of Canadian TV.”
Drake’s Music Career & Success
He was inspired by rap icons like Jay-Z and in the year 2005 released his maiden mixtape “Room for Improvement” and somehow managed to sell around 6,000 copies directly.
In 2010, Drake achieved major commercial success for his debut studio album, “Thank Me Later”, which was ranked #1 in Canada and the US. In fact, it was number one on the Billboard 100, R&B/Hip Hop, and US Rap charts.
Later in 2011 his second studio album “Take Care” was also a huge hit in many countries on several charts.
There are seven major sources of income listed below that contributed to building his massive net worth of $250 million.
- Music
- Touring
- Business: Food & Alcohol
- Business: Clothing
- Business: Sports
- Film & TV
- Other Business Ventures
Drake posted a video on Instagram in 2019 where he disclosed his newly-acquired Boeing 767 private jet which he painted and nicknamed “Air Drake”.
Drake is the proud owner of a lavish mansion in Toronto. He owns several properties in Canada and America. In March 2022, he purchased a 20 acre Beverly Hills mansion for $70 million in an off-market deal from Robbie Williams.
It is reported that he owns more than $100 million of real estate in his investment portfolio.
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