Home Net Worth Drake Net Worth: A Rags to Riches Story

Drake Net Worth: A Rags to Riches Story

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Drake is a Canadian-born rapper, actor, singer, songwriter, record producer, and businessman. He is consistently ranked among the highest-paid entertainers and is known globally for his music career and lucrative business deals.

Drake started his career as an actor, but it was his entry into the music industry that made him a household name worldwide. His long and varied career of over 20 years has earned him an impressive net worth.

Drake’s net worth in 2025 is estimated at around $250 million.

Drake bio

NameAubrey Drake Graham
Birth dateOctober 24, 1986
Net Worth$250 Million
BirthplaceToronto, Canada
EducationJewish day school; Forest Hill Collegiate Institute; Vaughan Road Academy
Known asOne of the most successful rappers of all time
Marital statusSingle; has a son from his relationship with French model Sophie Brussaux

Breaking down Drake’s wealth: Music, tours, and lucrative deals

Drake’s net worth is difficult to track as he has a diversified asset portfolio and investments in many businesses. Celebrity Net Worth estimates his net worth to be around $250 million as of 2025, but a few reports put his net worth at over $500 million.

Drake continues to add millions to his net worth annually through his music earnings, business ventures, real estate holdings, and endorsement deals.

The rapper started his career when he was just 15 by appearing on the Canadian teen drama Degrassi, earning around $50,000 per year in salary from the show. His net worth was estimated to be $1 million in 2009, and by 2012, it had grown to $25 million.

Much of his net worth stems from his contract with Universal Music Group, which, according to some sources, could be in the vicinity of $400 million.

Concerts are also a notable part of Drake’s earnings. His 2016 Summer Sixteen Tour was the highest-grossing hip-hop tour ever, grossing $84.3 million, or $1.56 million per concert. In 2018, he broke his own record with a Migos co-headlining tour, which grossed over $100 million or about $1.9 million per concert.

Drake has also earned heavily from brand deals, including a $10 million contract with Nike in 2013 and a reported $19 million contract with Apple Music.

Early life

Aubrey Drake Graham was born in Toronto, Canada, on October 24, 1986. His father, Dennis, from Memphis, worked as a drummer and played with several popular musicians, including Jerry Lee Lewis. His mother, Sandra, was an English teacher and florist. Drake has dual citizenship in the United States and Canada.

Drake attended a Jewish day school, followed by Forest Hill Collegiate Institute, where he felt attracted to the arts, including acting. Later, he attended Vaughan Road Academy, where he was often bullied for his racial and religious background.

Drake dropped out of school as he believed his busy class schedule was hindering his acting career, but he eventually graduated in October 2012.

Drake dated fellow pop star Rihanna on and off between 2009 and 2016. He later dated French model Sophie Brussaux, who gave birth to their son, Adonis, in 2017.

Career

Drake’s career started when he was 15 after his childhood friend’s father helped him get a role in Degrassi. He became a cast member for seasons 1 through 7. At the time, Drake’s paychecks were the sole source of income for the household, as his mother became ill while he was appearing on the show.

His music career started in 2006, when he self-released his debut mixtape, Room for Improvement, after becoming inspired by Jay Z and Clipse. In 2007, Drake released his second mixtape, Comeback Season, through his label, October’s Very Own (aka OVO Records).

Rap-A-Lot Records founder Jas Prince recommended the mixtape to Lil Wayne, who invited Drake to join his Tha Carter III tour. During the tour, Drake and Wayne recorded several songs, including Brand New, Forever, and Ransom.

In 2009, Drake released his third mixtape, So Far Gone, featuring appearances from Lil Wayne, Lloyd, Trey Songz, Omarion, and Bun B. It won the 2010 Juno Award for Rap Recording of the Year. Many music labels wanted to sign Drake then, but he signed a contract with Lil Wayne’s Young Money Entertainment.

In June 2010, he released his debut album, Thank Me Later. It soon became #1 in Canada and the U.S. and was eventually certified Platinum by the RIAA. His second studio album in 2011, Take Care, was also #1 in several countries and was certified six times Platinum.

Since then, every Drake album has been at least four times platinum. He has won over 180 major awards, including four Grammys, and has worked with numerous music industry stars, including Kanye West, Eminem, Jay-Z, and Travis Scott.

Drake has sold more than 163 million digital singles, the most by any artist to date. He has sold an estimated 26 million albums, making him the third best-selling Canadian musician, behind only Shania Twain (48 million) and Celine Dion (50 million).

Recent Developments in Drake’s Career

Feud with Kendrick Lamar

Drake’s feud with Kendrick Lamar intensified in early 2025, particularly after Lamar’s diss track Not Like Us gained widespread attention. Drake responded both musically and legally, filing a defamation lawsuit against Universal Music Group (UMG), alleging that the company profited from Lamar’s track, which contained damaging allegations against him. This legal action coincides with the upcoming renegotiation of Drake’s contract with UMG, adding complexity to their professional relationship.

International tour announcement

In late 2024, Drake announced his return to Australia and New Zealand for the Anita Max Win Tour, marking his first performance there in eight years. The tour commenced in Melbourne on February 9, 2025, and concluded in Brisbane on February 24, 2025, with stops in Sydney and Auckland. Given his previous performances in the region, this tour was highly anticipated.

Recognition at the 2025 Juno Awards

At the 2025 Juno Awards, producer Boi-1da paid tribute to Drake during his acceptance speech for the International Achievement Award. He highlighted their longstanding collaboration and friendship, emphasizing Drake’s significant impact on the global music scene.

Drake’s real estate portfolio

Drake’s massive real estate portfolio spans multiple properties across North America. In 2012, the rapper acquired the YOLO estate in Hidden Hills, California, for $7.7 million. He expanded the estate by purchasing neighboring properties for $2.5 million in 2015 and $4.5 million in 2018, bringing the total size to 6.7 acres.

In April 2022, Drake sold two estates to NFL star Matthew Stafford for $11 million, leaving the main mansion, which sold for $12 million in July 2012.

Drake owns a 35,000-square-foot mansion in Toronto, Canada. The property, located in the Bridle Path area, is valued at $100 million. The mansion, normally called the Embassy, was built from the ground up in 2017 and appeared in the Toosie Slide music video.

In 2022, Drake purchased another property in Beverly Crest from British singer Robin Williams for $75 million. The 25,000-square-foot property features 10 bedrooms, 22 bathrooms, and other luxury amenities such as a pool, tennis court, and a garage large enough for 11 cars. As of February 2025, Drake listed the estate for rent at $250,000 per month.

He also owns a 50,000-square-foot mansion in Beverly Hills, acquired for $65 million in 2021.

In 2023, Drake purchased a 313-acre property in Texas for $15 million. The property, located near Houston, was formerly known as The Inn at Dos Brisas. It now goes by the name Dos Brisas Ranch.

Private jet and car collection

Drake owns a private jet, a customized Boeing 767, valued at $185 million. The plane was a gift to Drake from Canadian cargo courier CarJet in 2019. Drake spent around $100 million to refurbish the aircraft and named it Air Drake. Its annual expenses are in the millions.

In addition to the jet, Drake owns one of the largest car collections in the U.S., valued at around $130 million. Among his most valuable cars are a 2016 Ferrari LaFerrari worth around $3 million, a 2010 Bugatti Veyron Sang Noir Edition worth around $2.5 million, and a 2018 Devel Sixteen worth around $2 million.

Luxury watches and jewellery

In addition to his real estate properties, private jet, and car collection, Drake owns a collection of luxury watches and jewelry. Some of his luxury watches include brands such as Rolex, Patek Philippe, and Richard Mille.

These assets underscore Drake’s appetite for luxury and his significant investments in high-value properties.

Business ventures

In 2022, Drake founded his record label, OVO Sound, which is distributed by Warner Bros. In addition to his music, OVO represents other artists such as Majid Jordan, PartyNextDoor, and Kash Doll. In 2022, Drake collaborated with BAPE, a Canadian lifestyle brand, to create the OVO x BAPE line of collections.

Drake also collaborated with Mike Tyson to launch special edition silhouette-branded jerseys under the OVO brand in 2022.

In the same year, the rap icon entered a $100 million annual contract with gambling company, Stake. In 2018, he acquired an ownership stake in 100 Thieves, a gambling and media company. In 2017, Drake collaborated with Adel Future Nur to launch DreamCrew, a production company.

In 2016, Drake launched Virginia Black, a bourbon-based whiskey brand that sold over 30,000 units in its first year.

He has also been the Toronto Raptors’ global ambassador and has hosted the annual Drake Night with the team since 2013.

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