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Drake's Net Worth Increased to Over $250 Million in 2023

  • Drake's Net Worth: 250 Million USD
  • Drake's Salary: 70 Million USD/Year


Drake, the rapper, actor, and producer of Canadian descent, has a $250 million net worth according to CelebrityNetWorth. One of the top paid entertainers in the world on a consistent basis, Drake is widely popular all over the world. Drake's acting career began when he made an appearance on the popular Canadian television program "Degrassi: The Next Generation." But music was what would make him famous all around the world, and since 2006, he has been creating or recording hit song after hit song. His first studio album, "Thank Me Later," debuted at the top of the hip-hop charts in 2010, and he hasn't stopped since. He has relentlessly travelled, made several appearances on awards ceremonies and music programs, and has generally focused on gaining as many fans as he can.

Rapper, singer, and actor from Canada, Aubrey Drake Graham was born on October 24, 1986. Drake, a significant personality in modern popular music, is recognized for his contribution to the acceptance of singing and R&B aesthetics in hip hop. After gaining popularity as Jimmy Brooks in the CTV teen drama series Degrassi: The Next Generation (2001–08), Drake decided to pursue a career in music and released his debut mixtape Room for Improvement in 2006. Before joining Young Money Entertainment, he released the mixtapes Comeback Season (2007) and So Far Gone (2009).

Early life

Drake, Aubrey Graham was born in Toronto, Ontario, on October 24, 1986. His father, Memphis-based African-American Catholic drummer Dennis Graham, once shared the stage with Jerry Lee Lewis. His mother, Sandra "Sandi" Graham (nÊe Sher), was an English teacher and florist. She is a Canadian Ashkenazi Jew. Sandra was in the audience when Graham had a performance at Club Bluenote in Toronto. Drake holds dual citizenship in the United States and Canada, the former coming from Graham. He went to a Jewish day school when he was younger and celebrated his bar mitzvah.

When Drake was five years old, his parents separated. He and his mother stayed in Toronto after the divorce; his father moved back to Memphis, where he spent many years in prison on drug-related crimes. Due to his limited resources and legal troubles, Graham stayed in the country until Drake was a young adult. Every summer, Graham would go to Toronto and bring Drake to Memphis until his incarceration. Later, his father worked with the Canadian band Arkells on the music video for the song "Drake's Dad." Drake fiercely contradicts Graham's statement that his claims about being a single father were embellishments designed to promote his music. Graham made this claim in an interview.

Drake grew up in two different neighborhoods. He attended Weston Memorial Junior Public School through grade four while playing junior hockey for the Weston Red Wings. He lived on Weston Road in Toronto's working-class west end until the sixth grade. Drake was a promising right winger when he arrived at the Upper Canada College hockey camp, but his mother convinced him to leave when a rival player viciously cross-checked him in the neck during a match. In 2000, he finally relocated to Forest Hill, one of the city's wealthy neighborhoods. Drake's response when asked about the transition was, "[We had] a half of a house we could live in. We had the lower half, while the others had the top part. My mother and I shared a basement apartment.

Drake attended Forest Hill Collegiate Institute for his high school education in Toronto's diverse Oakwood-Vaughan neighborhood before transferring to Vaughan Road Academy, which he characterized as "not by any means the easiest school to go to." Drake's maternal grandfather, Reuben Sher, had a now-closed furniture factory in Toronto where Drake labored as a young adult. Drake claimed to have been the victim of racial and religious bullying at school. When Drake realized that his rigorous academic schedule was harming his growing acting career, he decided to drop out of school. Drake subsequently graduated in October 2012.


Thank Me Later (2010), Take Care (2011), and Nothing Was the Same (2013), Drake's first three studio albums, were all critically acclaimed and catapulted him to the top of the hip-hop world. His fourth album, Views (2016), incorporated dancehall influences and featured the chart-topping lead single "One Dance." It was the first male artist's album to top the Billboard 200 list for 13 consecutive weeks in over ten years. The Billboard Hot 100 number-one singles "God's Plan," "Nice for What," and "In My Feelings" were included on Drake's double album Scorpion, which was released in 2018.

With its lead song "Way 2 Sexy" peaking at number one, Drake's highly anticipated sixth album, Certified Lover Boy (2021), garnered nine top ten hits on the Hot 100, breaking the previous record for the most US top-ten hits from one album. Drake released two albums in 2022: Honestly, Nevermind, which was inspired by dance music, and Her Loss, which he co-produced with 21 Savage. Drake, who is renowned for regularly releasing companion tapes to his albums, found success both critically and financially with the mixtapes If You're Reading This It's Too Late (2015) and More Life (2017).

In 2012, Drake started his own business by establishing the OVO Sound record label with his friend 40. Drake joined the Toronto Raptors' executive committee in 2013 and later acquired naming rights to their practice facility, becoming the team's "global ambassador." He and Brent Hocking started working together on the bourbon whiskey Virginia Black in 2016. Drake launched the production business DreamCrew, the fragrance company Better World, and is the creative director of the OVO fashion label and the Nocta partnership with Nike. According to reports, Drake brought in 440 million Canadian dollars ($5 percent) of Toronto's $8.8 billion in tourism revenue in 2018. He acquired a portion of the Italian football team A.C. Milan in 2022.

One of the most successful performers of all time, Drake has sold more than 170 million albums worldwide. Drake is now the highest-charting digital singles artist in the US, according to the RIAA. He has won 34 Billboard Music Awards, five Grammy Awards, six American Music Awards, two Brit Awards, and three Juno Awards in addition to the others. Drake also holds the records for the most top 10 singles (67), the most songs charted (293), the most songs charted simultaneously in a week (27), the most Hot 100 debuts in a week (22), and the longest continuous stay on the Hot 100. In addition, 11 of Drake's songs have peaked at number one on the Billboard Hot 100. (431 weeks). On the R&B/Hip-Hop Airplay, Hot R&B/Hip-Hop Songs, Hot Rap Songs, and Rhythmic Airplay charts, he also has the most number-one singles.

How Does Drake Spend His Money?

Drake has worked hard to accumulate a wealth, but his spending patterns reveal that he has a strong preference for the good things in life. The majority of his money is spent on real estate. In Hidden Hills, California, Drake invested $7.7 million in a house. Drake has gathered a sizable collection of unusual vehicles. He prefers to buy exotic and uncommon cars. He imports and customizes each of his vehicles. He owns a Boeing 767 commercial jet. His personal logo, "Air Drake," has been added to the aircraft. The jet has a $185 million market value. Jewelry is one of Drake's great interests and another luxury expense. The owl-shaped trademark for his clothing line has been used on a lot of jewelry. Drake owns a number of individually created necklaces, each of which is valued up to $100,000.

Favorite Quotes from Drake

“People like to build their own story about my life. I don’t know if it makes them feel better, or if it makes it okay for them to not like me, but the last thing I grew up as was rich.” – Drake

“There will be days when I walk in an arena and people will cheer and then there might be days when I walk in an arena and people might boo, but it all sounds the same to me because it’s all just noise that lets me know that I’m relevant.” – Drake

“Strength isn’t always shown in what you can hold on to, sometimes it’s shown in what you can let go of.” – Drake

“When writing the story of your life, don’t let anyone else hold the pen.” – Drake

“Life is just a game in which the cards are facing down. I’m in the world where things are taken, never given how long they choose to love you will never be your decision.” – Drake

Drake's Rules for Success

After learning about Drake's origins, net worth, and how his music career got started, it's time to discuss some of the success lessons that may be learned from his accomplishment. These five Drake success tips can be gleaned from Elite Daily and a few of his numerous career interviews:

1. Be true to yourself

When Drake raps, he makes it clear that he is not from "the streets," but he also shows that he is just as street smart as everyone else. To teach, to live outside of the hood but comprehend the streets, "takes a specific type of man."

2. Disregard the Haters

Drizzy is an expert at handling critics and controversy. Due to his thoughtful and emotive music, he is sometimes called "soft" by detractors and haters.

3. Maintaining Consistency

Every album that Drake releases features high-quality material. Even when he features on a song by another artist, he always gives it his all. Consistency wins out in this situation. You should put your all into everything you do in life.

4. Take Lessons From Your Errors

"I never want to always be correct because that prevents me from developing and learning. I don't want to always be right; I need to make mistakes, you know? And fortunately, knock on this wooden piano here, my errors are never significant enough for me to say, "Man," they're always fantastic learning opportunities.

5. Utilize uplifting inspiration

"I know that one of them is probably in the studio doing something spectacular if I take tonight off, you know? Therefore, I should probably remain a little longer, avoid going to the club, and just work since I am aware that someone else will be working if I choose to go play.

Final Thoughts

Drake is no doubt, an inspiring and talented musician of our time. He derserves every bit of success he has acheived. Are you a fan of Drake? What is your favorite song created by Drake? What made you search about Drake's wealth? Please let us know in the comments.


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