According to Forbes’s 2017 Richest Hip Hop list, Drake currently has a net worth of $90 million. This number makes Drake surpassed the likes of fellow Young Money brother and his boss Lil Wayne’s net worth.
Drake is one of the world’s richest rappers. The Canadian-born hip-hop artist was born on October 24, 1986, in Toronto, Ontario to African American and a practicing Catholic father, Dennis Graham, from Memphis, Tennessee.
Drake’s mother is Sandi Graham (née Sher). She is a white Jewish Canadian who worked as an English teacher and florist.
However, Drake’s parents divorced when he was five years old. After the divorce, he and his mother remained in Toronto, while his father chose to return to Memphis in order to find a way to supplement himself financially.
Aubrey Drake Graham built his net worth, amassed his wealth through multiplatinum recordings, high-grossing tours and lucrative, major endorsement deals. Drake vowed to bank $25 million by age 25 and did. In his song “Western Road Flows,” Drake says he plans to retire by age 35 and that it’s already funded.
The Canadian artist ranks fifth on 2017’s Forbes Five – Forbes’ annual list of the world’s wealthiest hip-hop artists. At just 30 years of age, Drake is young enough to be the son of any of his fellow list members – well-known rhymers like Diddy and Jay Z.
Drake net worth in addition to money Drake earned from various sources are:
- $14 million from sales of albums,
- $12.6 million from singles sales
- $24 million from YouTube
- an estimated $36 million from endorsement deals with big name companies like Jordan, Sprite and Kodak.
The other largest factor in the Drake net worth equation is endorsement deals. Endorsement deal figures aren’t made public, but Drake has made deals with Jordan shoes, Sprite and Kodak to name a few.
It is estimated that the endorsement deals have added an average of $5 million a year to Drake’s net worth since 2010. That’s a reported total of $36 million dumped into Drake net worth total by 2017.
Drake started his entertainment career in his native Toronto as a child star actor when he quit high school to play a high school student in the TV series “Degrassi: The Next Generation.
Drake later began rapping and singing in 2006 and even while he was still unsigned gained recognition from “Billboard” and high-profile artists such as Kanye West, Jay Z and Lil Wayne. After signing on with Universal Motown in 2009, his success continued.
Drake is known for his emotional and autobiographical lyrics. He has often been praised — and criticized for his sensitive approach. The lyrics of his most recent album, “Views,” which debuted at No. 1, revolve around his hometown of Toronto.
Drake’s 2016 Views became the first album to top 1 billion spins on Apple Music and helped fuel a grueling tour that took Drake from Atlanta to Amsterdam, grossing north of $1 million per night along the way.
According to bet.com, Drake currently is only $20 million behind Birdman, who reportedly now has a net worth of $110 million.
As his net worth increased over years, Drake’s multi-million dollar car collection has also grown both in value and size but unlike a lot of other incredibly successful artists, it appears that Drake isn’t all that interested in sports cars. Instead, he tends to go for luxury cars.
His garage features the Bentley Continental GT Speed Convertible,Bentley Mulsanne,Brabus 850 6.0 Biturbo Coupe, Bugatti Veyron,Lamborghini Gallardo,Maybach 62S, Rolls-Royce Phantom
Drake’s mansion in Los Angeles boasts one of the largest privately-owned pools on the West Coast of the United States.
Drake’s net worth $90million being spent well and one that will probably continue to grow.