The estimated net worth of Drake is $200 million.
The Canadian-born rapper is one of the biggest names in rap music. His album, "Certified Loverboy," earned 613,000 sales in the week of its release, selling two times more than Kanye West.
Overview
Drake's net worth stats
| Net worth: | $200 million |
|---|---|
| Source of wealth: | Entertainment |
| Date of birth: | October 24, 1986 |
| Place of birth: | Toronto, Canada |
Early life
Born on October 24, 1986, to Sandi and Dennis Graham. Aubrey "Drake" Drake grew up in Toronto, Ontario, Canada.
Drake's parents divorced when he was just five years old. He lived with his mother, spending the summers with his father in Memphis. Drake developed an interest in music from an early age due to his father's career as a drummer.
Education
Drake attended Vaughan Road Academy and Forest Hill Collegiate Institute while living in Toronto, Canada. As a bi-racial Jewish man, he was the butt of ridicule, and the bullies picked on him at school. He dropped out of high school before graduating to chase an acting career.
Drake got his big break in 2001 after casting on the Canadian TV drama Degrassi: The Next Generation. Drake won a "Young Artist Award" for his time on the show, sticking with it until 2007. Drake reportedly earned a high-school teacher's salary for his time on the show, netting him $47,306 annually. Therefore, Drake earned around $378,448 for eight seasons on the show.
In 2007, Drake left the show to pursue a career as a music artist.
How did Drake build his net worth?
Drake built his fortune through acting and music, but most of his wealth comes from his music career as a top-selling rap artist. The young rapper signed with Lil Wayne's "Young Money Entertainment" label in 2009 after releasing a few mixtapes.
His debut album, "Thank Me Later," launched in 2010 with hit singles like "Over," "Fireworks," and "Up all night." Drake received double-platinum status for the album, earning two Grammy nominations for his work.
"Nothing Was the Same" (released 2013) and "Views" (released 2016) were also smashing successes for the rap star, earning him the title of one of the top players — and earners — in rap music.
He earned $50 million, or 1/6th of his fortune, in 2020 alone. According to reports, Drake makes around $70 million per year.
Drake's productivity habits
Drake credits his success to his managed schedule. The rapper makes the most out of every day, rising at 5 am and going to bed at around 1 am. The rapper claims he sleeps an average of four hours a night, making him one of those few human beings — like Barack Obama, Margaret Thatcher, Martha Stewart, and Donald Trump — that can survive and thrive on very limited sleep.
FAQs
How rich is Drake?
With an estimated fortune of $200 million, Drake is one of the richest rappers in the entertainment industry and one of the biggest stars in the game.
Is Drake a millionaire?
Yes, Drake has many amassed millions of dollars from being a rapper.
Is Drake a billionaire?
Not yet. Drake has not reached billionaire status, but he's well on his way.
Is Drake broke?
No. Drake is neither broke nor bankrupt.
Was Drake born rich?
No. Drake was not born into wealth. His riches are because of his own hard work and talent.
Is Drake richer than Kanye West?
No. Drake is not richer than Kanye West.
Is Drake richer than Lil Wayne?
Yes. Drake is richer than Lil Wayne.
Is Drake richer than Jay-Z?
No. Drake is not richer than Jay-Z.
