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Drake Net Worth (In 2022: Can You Guess)

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How much is Drake worth right now?

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Drake Net Worth

Drake is a big name in the rapping industry and is one of the highest-paid rappers in the world. 

Drake’s net worth is $250 million amassed as a result of his hard work and dedication to his music. 

Drake was born in Canada and started his career in the entertainment industry as a child actor. 

His first project was a Canadian teen drama “Degrassi: The Next Generation”. 

Soon after, he realized that his true passion is rapping. 

Within no time he became a successful rapper and people started following his music worldwide. 

Net Worth$250,000,000
DOBOct 24, 1986
Born InCanada
ProfessionRapper

Early Life

Drake was born in Toronto, Canada on October 24, 1986. 

His father Dennis was an African American who used to play drums. 

Dennis also worked with Jerry Lee Lewis as a drummer. 

Drake’s mother, Sandra, was a Canadian who worked as a teacher and florist. 

Drake has dual citizenship in America and Canada because his father was American and his mother was Canadian. 

Drake’s parents divorced one another when Drake was only five years old. 

After the divorce, his father moved to Memphis where he was arrested for some drug cases. 

Drake lived with his mother in Toronto but he used to visit his father before he got arrested. 

Drake went to a Jewish day school during his childhood and had a formal Bar Mitzvah celebration.

When Drake started his 6th grade he moved to Forest Hill with his mother, where both of them lived at the bottom of a two-story townhome. 

At that time the financial situation of Drake and his mother was not good at all. 

Drake went to Forest Hill Collegiate Institute where he found out that his interest was in acting and singing. 

After that he went to Vaughan Road Academy, his life was quite difficult there because his peers bullied him for being bi-racial and religious. 

Heartbroken with the bullying he dropped out from Vaughan Road Academy but then rejoined after some time and finally graduated in 2012.

When Drake turned 15 he got his first role in the Canadian drama “Degrassi: The Next Generation”. 

During this project, his mother became very ill and both of them depended on Drake’s earnings. 

Drake mentioned in his interviews that it was a very difficult time but it motivated him to work hard for more success. 

Career

Drake knew in his heart that his true passion was music but in the beginning, he was unable to find any support to pursue his passion. 

He decided that he will work as an independent artist like Jay-Z and started making mix tapes. 

He released his first mix tape “Room for Improvement” on his website and Myspace page in 2005

He got an overwhelming response for it and more than 6,000 copies were sold. 

The next year he released another mix tape “Comeback Season”. 

This mix tape was released by his label October’s Very Own (OVO Records). 

The song “Replacement Girl” from this mix tape got very popular underground. 

Its video also aired on BET and it was a big achievement for Drake. 

Producer, Jas Prince who is the founder of Rap-A-Lot Records heard this song and recommended it to Lil Wayne. 

Lil Wayne was fascinated by Drake’s work and invited him to join his tour, Tha Carter III. 

During the tour, Drake and Wayne worked on several songs together including “Forever”, “Brand New”, and “Ransom”. 

In 2009, Drake released his third mix tape “So Far Gone” on his OVO website. 

This mix tape was downloaded two thousand times during the first hour of its release. 

It was certified Gold by RIAA as it stayed at number 2 on the Billboard Hot 100 and also won the 2010 Juno Award for the Best Rap Recording of the Year.

After his success as an independent artist, everybody wanted to sign Drake in the music industry. 

Several labels approached him but he decided to sign a contract with Lil Wayne’s Young Money Entertainment on June 29, 2009

This deal was a joint venture between Young Money Entertainment and Universal Music Group.

Achievements

Drake’s debut album “Thank Me Later” was released which stayed at number 1 in the US and Canada. 

It was certified Platinum by RIAA. 

His second album “Take Care” also stayed at number 1 in several countries after its release in 2011

Drake’s albums have gone at least 4-time platinum making him a big name in the industry.

Drake has worked with many famous music celebrities like Eminem, Travis Scott, Jay-Z, and Kanye West. 

During his career, he has been nominated for several awards. 

Until now he has won more than 180 awards which include four Grammys. 

Real Estate

Drake has invested significant sums in real estate. 

He bought a grand mansion in Hidden Hills, California for $7.7 million. 

This mansion has a 12,000 square feet main house, a 2,000 square feet party house, a movie theater, a basketball court, a volleyball court, riding stables, and one of the largest private pools. 

He also bought a neighboring property for $2.8 million in 2015

In 2018, he bought another neighboring property for $4.5 million. 

Drake also invested his money to buy a plot in Toronto where he spent 6.7 million on it. 

He has built a mansion on this plot as well. 

According to recent reports, it is said that he bought the Beverly Hills mansion of British Singer Robbie Williams for $70 million in 2022

Another big asset of Drake is the private jet that he publicized on Instagram in 2019

It is Boeing 767 private jet and its worth is around $75-$100 million.

Business Ventures

During his career, Drake has endorsed many big brands like Burger King, Sprite, Whataburger, Apple, and Nike. 

He has an exclusive deal worth $19 million with Apple Music.

According to this deal, Apple will be the initial home of Drake’s solo releases. 

Drake formed his label “OVO Sound” in 2012, which represents many big names in the music industry. 

Drake is also a global ambassador of the Toronto Raptors. 

He started his brand of whiskey named Virginia Black in 2016

Virginia Black is also a hit as it sold 4,000 bottles in its first week. 

So we can say that Drake’s business ventures have played an important role in multiplying his wealth.

Personal Life

Drake and Rihanna dated inconsistently between 2009 and 2016 and Drake stated that he loved Rihanna from the age of 22. 

In 2017 a French model gave birth to Drake’s son Adonis but Drake didn’t confirm it until 2018. 

Takeaways 

So there you have it folks!

Drake’s net worth of $250 million

Drake had a difficult early life but accumulated great wealth with dedication and hard work. 

He is considered one of the biggest names in the music industry. 

Let’s continue following Drake to see how his net worth continues to grow over time.

Now that you know how much Drake is worth, good luck with your research!

Editorial Staffhttps://wealthy.zone
Hello Nation! My name is Amir and I'm the founder of this blog. I started this blog as I love writing about fun, entertaining, motivating, and inspiring things. I'm looking forward to having you regularly visit this site! Stay strong, stay positive, have fun, and enjoy life to its fullest!
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