In addition to ruling the music business, Drake—a name known for blockbuster singles and cultural influence—has made a reputation for himself in the financial services industry.
In this article, we will look at Drake’s net worth, including his sources of income, and finances, and how he continues to grow his empire.
Who is Drake?
Aubrey Drake Graham, aka Drake, is a Canadian rapper, musician, entrepreneur, and actor. He is a well-known and significant personality in popular music, having popularized R&B sensibilities among hip-hop performers.
Drake rose to prominence after playing Jimmy Brooks in the CTV teens drama series Degrassi: The Next Generation (2001-2008), and he launched his recording career in 2006 with the publication of his debut mixtape, Room for Improvement.
Drake Net Worth
Drake’s estimated net worth as of right now is $250 million. This figure reflects his success in various endeavors, including music, acting, and business.
Drake has earned almost $500 million in his career, establishing his status as one of the world’s highest-paid artists. Drake’s annual earnings have changed dramatically throughout the years. He earned $45 million between June 2017 and June 2018, with $95 million coming from 2017 alone.
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Drake Sources of Income
Drake has many sources of income:
Former TV player: Before his rap success, Drake appeared on the Canadian teen drama “Degrassi: The Next Generation,” where he played Jimmy Brooks, a basketball player who becomes wheelchair-bound after being shot.
Record-Breaking Artist: Drake has broken several records, including the most number-one singles (23), on the Hot R&B/Hip-Hop Songs chart, and the most charted songs (258) on the Billboard Hot 100.
Global Ambassador: Drake was named the Toronto Raptors’ global ambassador in 2013, the NBA team that plays in his hometown.
Business ventures: In 2012, Drake and his longtime producer Noah “40” Shebib co-founded the record label OVO Sound. He also owns a clothing line, October’s Very Own (OVO), and a whiskey brand, Virginia Black.
Voice Acting: In addition to acting and music, Drake has done voice acting. He voiced Ethan, the young mammoth, in “Ice Age: Continental Drift.”
The Drake and Kendrick Lamar Feud
Media reports first reported on the Drake-Kendrick Lamar rivalry in 2013, suggesting that various tracks were sneak disses from both parties.
Lamar first dissed Drake and other rappers on the song “Control” in 2013, but clarified that his verse was intended to be perceived as “friendly competition”: Drake and Lamar have previously worked on tracks, with Lamar serving as Drake’s opening act on the Club Paradise Tour in 2012.
How Drake Continues to Grow His Empire?
Drake continues to grow his business empire by exploring ventures other than music. While he remains a powerful presence in the music industry, with chart-topping albums and songs, he has extended his reach into a variety of commercial sectors.
His OVO brand, which began as a clothing company, has grown into a full-fledged lifestyle brand that includes a record label, radio station, and even a collaboration with Nike.
Conclusion
In conclusion, Drake’s rise from a kid actor in Degrassi to a global music icon and successful businessman illustrates his unwavering determination and flexibility.
His ability to dominate the music industry while diversifying his economic ventures has cemented his reputation as a cultural and financial powerhouse.