Drake Net Worth – Tips Clear News

Drake Net Worth – Tips Clear News

Drake Net Worth 2020: Drake is a Canadian-born celebrity, producer, and rapper that has a net worth of $180 million bucks. Drake is always one of those highest-paid entertainers on earth. Before turning into a huge rap celebrity, Drake was a young child actor who appeared to the Canadian teen drama Degrassi: The Next Generation.

Since gaining mainstream achievement, Drake has gained over $400 million in his profession before earnings and lifestyle expenses. Between June 2017 and June 2018 Drakeearned $45 million. In 2017 he made a total of 95 million. Between June 2018 and June 2019he made $75 million. Scroll down to get a whole year-by-year breakdown of Drake’sannual earnings.

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Early Life:

Aubrey DrakeGraham on October 24, 1986, in Toronto, Canada. Drake’sfather Dennis worked as a drummer who performed with artists such as Jerry Lee Lewis throughout his profession. Drake’smother Sandra, aka Sandi, worked as an English teacher and florist. Drake attended a Jewish day school and had a formal Bar Mitzvah celebration.

Sandi and Dennis divorced when Aubrey was five. His father subsequently moved to Memphis where he ultimately ended up being arrested and incarcerated for several years on drug charges. Aubrey remained with his mother in Toronto though he would visit his father in Memphis every summer (when his father was not incarcerated). Drake would later describe Dennis as being absent during his childhood, claims Dennis has vehemently denied and asserted were embellished to sell records.

From sixth grade on, Drake and his mom lived in the bottom half of a two-story townhome in an affluent suburb called Forest Hill. His mother lived on the street-level floor, Drakelived in the basement. They were not rich, in fact money was very tight.

While attending Forest Hill Collegiate Institute, Drakefound an affinity for acting and singing. He later attended Vaughan Road Academy where he was bullied for his bi-racial and religious background. He dropped out for a time, but did eventually graduate in 2012.


When he was 15, a childhood friend’s father — an acting agent — helped Drakeland a role on the long-running Canadian teen drama television show “Degrassi: The Next Generation”. On the show, he played Jimmy Brooks, a basketball star who became disabled after being shot by a classmate. He was a cast member for seasons 1 through 7, with guest appearances in 2008.

While Drake was appearing on Degrassi, his mother became ill and could not work. His Degrassi paychecks were their only income for several years. At the time he was earning $50,000 per year in salary from the show. That’s roughly $2000 per month after taxes. He would later describe this time period as follows.

“My mom was quite ill. We were really bad, like bankrupt. The only cash I had coming off of Canadian TV.”.

Music Career:

Inspired by rap icons like Jay-Z who earned record deals after becoming successful as independent artists, Aubrey — who by now was going by his middle name “Drake” as his stage name — began releasing mixtapes in 2006.

In February 2005 he released his first mixtape “Room for Improvement” via his website and official MySpace page. He managed to sell more than 6,000 copies directly. He released his second mixtape, “Comeback Season”, the following year. He released the mixtape through his own recently-launched label October’s Very Own (aka OVO Records). This mixtape featured what became a hit underground single called “Replacement Girl”. The music video for the song was the first video from an unsigned Canadian rapper to be featured on BET. One version of the song featured a spliced sample of the song “Man of the Year” by Brisco, Flo Rida and Lil Wayne.

Houston-based producer and Rap-A-Lot Records founder, Jas Prince, heard the single and passed it on to Lil Wayne. Lil Wayne was impressed and called Drake,inviting him to fly to Houston to join his Tha Carter III tour. As the tour progressed, Drake and Wayne wrote and recorded several songs including “Brand New”, “Forever” and “Ransom”.

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Young Money Entertainment:

Despite what you may assume, Drake had not signed onto Wayne’s record label at this point. He released a third mixtape, “So Far Gone”, in 2009. He released the mixtape as a free download on his OVO website. The mixtape featured appearances from Lil Wayne, Lloyd, Trey Songz, Omarion, and Bun B. After being downloaded 2000 times in its first hour, the mixtape was eventually certified Gold by the RIAA, peaking at #2 on the Billboard Hot 100. The mixtape was eventually released as an EP which debuted at #6 on the Billboard 200 and won the 2010 Juno Award for Rap Recording of the Year.

Still an independent artist, Drake was now in high demand within the music industry. A bidding war resulted with various labels scrambling to sign him. The desperation has been described as”the largest bidding war in audio history”, though that’s not confirmed.

On June 29, 2009, Drake signed a contract with Lil Wayne’s Young Money Entertainment. The record deal was actually a joint venture between Young Money and its parent company Cash Money, with Universal Music running distribution.

Mainstream Success:

Drake’sdebut studio record, “Thank Me Later”, premiered on June 15, 2010. The record hit #1 in Canada and the US. From the US it hit #1 on the Billboard 100, #1 to the R&B/Hip Hop, and Number 1 US Rap graphs. It was finally certified Platinum by the RIAA.

His next studio record, 2011’s”Take Care” hit #1 in many countries on many graphs, finally going 6-times PlatinumCard.

Drake is among the very successful and strong forces in hip-hop along with the music business at large. He’s worked with lots of the largest stars from the music industry such as Kanye West, Eminem, Jay-Z along with Travis Scott. Drake was nominated for awards. As of the writing, he’s won over 180 big awards including four Grammys in over 40 nominations.

Singles Sold:

Drake has offered more electronic singles than any performer ever. As of the writing he’s sold over 163 million digital singles. That is 40 million over the second-place individual, Rihanna. Concerning record sales, is that the 80th greatest selling musician ever with the estimated 26 million records sold. This makes him the next bestselling Canadian musician ever supporting Shania Twain (48 million) and Celine Dion (50 million).

Real Estate:

Though he had been born in Canada, Drake has predicted Hidden Hills, California house since 2012 once he purchased a palatial mansion in the prior proprietor of Los Angeles’ Saddle Ranch Bar for $7.7 million in cash. Nicknamed the YOLO Estate, the property features multiple residences including a 12,000 square-foot main house and a 2,000 square foot party house.

The estate features equestrian stables, 25-person movie theater, a full-sized basketball court, sand volleyball court, and one of the largest privately-owned pools in Southern California. His lagoon-like pool, which loops around the exterior of the house, features with several waterfalls, a swim-up bar an 80-foot water slide, and Playboy-mansion style grotto. In a Rolling Stone interview, Drake explained that he had his eye on this mansion for years after Googling”craziest home swimming pools” and seeing this as one of the results. For motivation, he used a photo of the pool as the background image on his computer for years. The former owner listed the house in 2009 for $27 million. By 2012 the former owner was experiencing a cash crunch so Drakeswooped in and bought it for $7.7 million.

In 2015 he extended his property by buying the neighboring 1.6-acre estate for $2.8 million. In 2018 he extended the property again when he spent $4.5 million to buy yet another neighboring house. His private estate now encompasses 6.7-acres of contiguous property at the end of a cul-de-sac that represents $15 million in real estate acquisition costs alone.

In 2016 Drakespent $6.7 million to buy a plot of land in suburban Toronto where he intends to build a 35,000 square foot chateau-style mansion. He also owns a condo in downtown Toronto.

In total, Drake owns at least $25 million worth of a real estate. His real estate assets (especially the Hidden Hills compound) are likely worth much more when his improvements are included. It’s possible that the Hidden Hills compound now would fetch $20-30 million on its own. For comparison, a 2-acre estate in the same community was listed for $15.5 million in May 2019.

Private Jet:

In May 2019 Drake released a video on Instagram that revealed his newly-acquired Boeing 767 private jet which he has dubbed (and painted)”Air Drake”.According to the video, Drake is proud to own the jet free and clear, proclaiming that it’s all his with”no leasing, no timeshare, zero co-owners.” A similar model and quality private jet would be worth$75 — $100 million.


We added Draketo Celebrity NetWorthin November 2009 having a first net-worth quote about $1 million. He’d signed using Lil Wayne’s Young Money only a couple of months past. By 2012 his internet value topped $25 million. By 2014 he awakened $45 million. By late 2016 he awakened $80 million for its first time. As a result of his amazing near-$100 million getting 2017, he readily topped $100 million from ancient 2018. In May 2019 his net value broke $150 million to the very first time.

Business Ventures:

Over time Drake has supported several significant brands including most especially, Sprite, Burger King, Whataburger, Nike, and Apple. After Apple Music started, Drake signed up a $19 million exclusivity deal. This deal enabled Apple to function as an exclusive preliminary home of most of Drake’sfuture solo releases.

In 2012 Drakeformed his own record label, OVO Sound, which is distributed by Warner Bros. Records. In addition to Drake, today OVO Sound reps music for artists such as PartyNextDoor, Majid Jordan, Kash Doll, and producers such as Boi-1da, Future the Prince, Mike Zombie and more.

He is the”international ambassador” of the Toronto Raptors and hosts an annual DrakeNight with the team.

In 2016 Drakelaunched his own brand of bourbon-based whiskey called Virginia Black. The company sold 4,000 bottles in the first week after launching. Later in the year the company shipped an additional 30,000 units.


Drake’sfirst headline excursion has been 2010’s”Away From Home Tour”. He embarked to five extra headlining excursions through 2019. He’s also co-headlined four excursions such as his 2018 excursion together with all the rap band Migos.

His 2016″Summer Sixteen Tour” has been the highest-grossing hip tour of time around there using a gross profit of $84.3 million away 54 shows. That is an average gross profit of $1.56 million each concert. His Migos co-headlining excursion broke record 2018 using $80 million in earnings within 43 dates. That is an average gross profit of $1.86 million each concert.

Each summer Drakeputs to a festival in Toronto known as”OVO Fest” that stands out immediately.

Drake has a continuing residency in the XS Nightclub in Las Vegas which will certainly earn him $500,000 for one look. He earns over $2 million to get a more formal cartoon.

Personal Life:

Drake has experienced a range of high profile connections through recent years. He outdated Rihanna off and on between 2009 and 2016. He’d later clarify Rihana as”the woman I’ve been in love with since I was 22 years old.” .

In October 2017 a french model/actress/artist called Sophie Brussaux gave birth to a son Adonis. Drake didn’t affirm his fatherhood before 2018.

The Way DrakeWent From Teen Actor To Rap God Who Rakes In $40 Million Per Year.

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