Drake Net Worth is around $250 million and he is one of the richest rapper in the world. Know how he has achieved this net worth.
Drake has been in the news a lot lately and not solely for his, but mainly for his ongoing beef with the rapper Kendrick Lamar. With most people siding with Kendrick in the beef and considering him to be the winner everyone is making fun of Drake but you won’t be doing that for long once you got to know Drake net worth.
Drake is one of the most successful rappers out there and has made millions through his music. But that is only his one source of income as he has plenty of others. Not only does he know how to make money but he also knows how to spend it in a way that would leave most of us jealous.
So today we will find out more about Drake, his music career and most importantly we will look at his net worth and see how he made his millions. Without further wait, here is all you need to know about Drake net worth
Drake is a Canadian rapper and singer who was born in 1986 in Toronto, Canada. He is of African American descent from his father’s side and from his mother’s side he is an Ashkenazi Jew. Music runs in his veins as his father is also a performer and drummer who performed alongside the likes of Jerry Lewis.
However, Drake’s entry into the entertainment industry did not come as a musician but as an actor when he got his first acting role at the age of 15. His music wasn’t far behind though as in 2006 he self-released his first mixtape and not long after that, he was performing his first concert.
Drake net worth is $250 million, making him one of the most successful and richest rappers of all time. Most of Drake net worth comes from the countless albums he has sold and the royalties he gets from his songs. But over the years he has signed many brand deals and has delved into other business ventures.
His source of income can be divided into the following categories.
Over the course of his career, he has sold over 170 million albums and has been a number-one hit on the Billboard charts several times. His songs are a mainstay on the radio, Apple Music, and Spotify and earn him millions every year, not to mention their use in movies and TV shows.
On top of that, he has done many successful tours and continues to do so. All his tours worldwide are always sold out and besides the tickets, a lot of his revenue comes from the merchandise sale that happens during or before his concerts.
To get an idea of how successful he has been and how Drake net worth has grown so much that you need to see the kinds of brand deals he has signed. Among the brands that he represents include Nike, the tech giant Apple, and the soft drink Sprite, and these are just a few of them.
If the music career and the brand deals weren't enough Drake’s net worth has been immensely supplemented by his own business ventures like his clothing brand October’s Very Own (OVO) and his own whiskey brand called Virginia Black, both of which have seen immense success.
His other investments include OVO Sound, his own record label, and he has also heavily invested in a cannabis company and we all know the growth trajectory of the cannabis industry right now. Lastly, he has invested large sums into the real estate sector and his mansion in Toronto is worth over $6.7 million.
Also read about More Celebrities and their net worths here.
