Drake's net worth in dollars

How much money does Drake have?

Drake, a multimillionaire Canadian rapper, actor, and producer, was born in Toronto and now lives in Los Angeles. It's no secret that Drake is a well-paid performer. Drake was a child actor on the Canadian teen drama Degrassi: The Next Generation before he became a massive rap superstar. Drake has earned more than $430 million in his career before taxes and lifestyle costs since he first gained mainstream success.

In the period from June 2017 to June 2018, Drake made a total of $45 million in earnings. He made $95 million last year. He made $75 million from June 2018 to June 2019. He made $50 million in the following year. For a detailed breakdown of Drake's annual earnings, year by year, see the table below. Drake Wins $1 Million Bet On Golden State Warriors

Contract with Universal Music Group

A "long-term worldwide partnership" that included "recorded music to music publishing, film, television and brands" was confirmed by Universal Music Group on its Q1 earnings call in May 2022. In a few of his songs, Drake has hinted at this deal. Among his many songs, "360 up front" was a reference to a record deal he had signed. Universal's statement has led some to believe that this lyric means that he was paid $360 million upfront. The deal's value has been estimated at $400 million or more by other sources. Prior to signing, Drake's music catalog generated $50 million in annual revenue for the company.

If the deal was indeed worth $400 million, Drake would have received an upfront payment of $200 million after taxes, assuming the deal was indeed worth $400 million.

Childhood

In Toronto, Canada, Aubrey Drake Graham was born on October 24, 1986. Dennis, Drake's father, was a drummer who performed with artists such as Jerry Lee Lewis. Sandi, Drake's mother, worked as an English teacher and a flower shop owner in the Los Angeles area. As a child, Drake went to a Jewish day school and celebrated his Bar Mitzvah.

When Aubrey was five, Sandi and Dennis divorced. His father moved to Memphis, where he was arrested and imprisoned for a long period of time on drug charges. His mother remained in Toronto, but he would visit his father in Memphis every summer (when his father was not incarcerated). Despite Dennis' vehement denial and assertion that the claims were embellished to sell records, Drake later described Dennis as being absent from his childhood, which Dennis has vigorously denied.

Drake and his mother lived in the lower half of a two-story townhouse in Forest Hill, an affluent suburb of New York City, from sixth grade onward. Drake lived in the basement, while his mother lived on the ground floor. They didn't have a lot of money, in fact, it was scarce.

Drake discovered a love for acting and singing while a student at Forest Hill Collegiate Institute. While attending high school, he was subjected to racism and religious bigotry at Vaughan Road Academy. For a time, he was absent from the university, but he returned and graduated in 2012.
Degrassi

An acting agent's father introduced Drake to the long-running Canadian teen drama "Degrassi: The Next Generation" when Drake was just 15 years old. Jimmy Brooks, a high school basketball star who was left paralyzed after being shot by a classmate, was played by him on the show. Seasons 1 through 7 included him as a cast member, with occasional guest appearances in 2008.

In the midst of Drake's Degrassi appearance, his mother fell ill and was unable to work. For several years, their sole source of income was his Degrassi salary. He was making $50,000 a year from the show at the time. After taxes, that's about $2000 a month. He would later say the following about this time period:

"When my mother was in the hospital, she was in a critical condition. We were practically penniless at the time. My only source of income was from watching Canadian television."
A Life in Music

Taking a cue from the likes of Jay-Z, who found success as an independent artist before signing with a record label, Aubrey began putting out mixtapes in 2006 under the alias "Drake."

A mixtape entitled "Room for Improvement" was released in February 2005 and can be downloaded from his website or from his official MySpace page. Directly, he was able to move more than 6,000 copies. Comeback Season" was his second mixtape, released in 2013. October's Very Own, his own label that he just started, released the mixtape (aka OVO Records). As a result of the release of this mixtape, the song "Replacement Girl" became an underground hit. For the first time, an unsigned Canadian rapper's music video was shown on BET. Brisco, Flo Rida, and Lil Wayne's "Man of the Year" was sampled in one version of the song.

Rap-A-Lot Records founder and Houston-based producer Jas Prince heard the song and gave it to Lil Wayne. Lil Wayne called Drake and invited him to join his Tha Carter III tour in Houston. The duo collaborated on a number of songs throughout the course of the tour, among them "Brand New," "Forever," and "Ransom."
Music by Young Money

Drake had not yet signed a contract with Wayne's record label, contrary to popular belief. In 2009, he released "So Far Gone," his third mixtape. On his OVO website, he made the mixtape available for free download. Lil Wayne, Lloyd, Trey Songz, Omarian, and Bun B all appeared on the mixtape. The RIAA awarded the mixtape Gold certification after it was downloaded 2000 times in the first hour and peaked at #2 on the Billboard Hot 100. He later released an EP that debuted at number six on the Billboard 200 and won a Juno Award for Best Rap Album in 2010.

A few years after the release of his debut album, Drake's popularity had skyrocketed in the music industry. As a result of the bidding war, various labels were scrambling to secure his services. "The biggest bidding war in music history" has been referred to, but that hasn't been confirmed.

The Young Money Entertainment label that Drake joined on June 29th, 2009 signed him to a deal. Young Money and Cash Money's parent company, Universal Music, worked together on the record deal, which was a joint venture — Drake's Net Worth as at 2022 till date.

Success in the Mainstream

"Thank Me Later" was Drake's first studio album, released on June 15, 2010. A number one album in Canada and the United States. US Billboard Hot 100, R&B/Hip Hop, and US Rap all ranked it number one. The RIAA eventually awarded it Platinum status.

"Take Care," his second studio album, debuted at the top of the charts in several countries and eventually became a six-time platinum seller.

There have been no albums released since then that haven't been certified at least four times platinum.

Drake is one of hip-hop and the music industry's most influential and successful artists. In addition to Kanye West, Eminem, Jay-Z, and Travis Scott, he has collaborated with a slew of other big names in music. Numerous awards have been presented to Drake. He's been nominated for and won more than 40 Grammys by the time of this writing, and he currently holds a record of more than 180 major awards.

Drake performs for an average of $1 million per show.

Sales of Singles

Unlike any other artist, Drake has sold the most digital singles ever. He has sold more than 163 million digital singles as of this writing. There are 40 million more than Rihanna, who is second. With an estimated 26 million albums sold, he ranks as the 80th best-selling musician of all time. That places him behind Shania Twain (48 million) and Celine Dion as Canada's all-time best-selling musician (50 million).

Drake's Earnings By Year

2010: $10 million
2011: $11 million
2012: $21 million
2013: $11 million
2014: $33 million
2015: $40 million
2016: $40 million
2017: $95 million
2018: $47 million
2019: $75 million
2020: $50 million

Total: $433 million