Drake Net Worth Forbes 2024, Age & Family

Quick Overview of Drake

Full NameAubrey Drake Graham
Nick NameDrake
Father NameDennis Graham
Mother NameSandi Graham
GenderMale
CountryCanada
NationalityCanadian
Date of BirthOctober 24, 1986
Age37
Height6 feet (183 cm)
Weight196 lbs (89 kg)
Eye ColorBrown
Hair ColorBlack
BirthplaceToronto, Ontario, Canada
SchoolForest Hill Collegiate Institute
CollegeVaughan Road Academy
Martial StatusSingle
WifeNone
Kids/Children NameAdonis Graham
Monthly Salary$4 million
Yearly Income$50 million
Net Worth$250 million
Became a Millionaire At23
Asset ClassesReal Estate, Music, Investments
ProfessionRapper, Singer, Actor, Producer
ReligionJewish
Zodiac SignScorpio
SiblingsStephenie Graham
Latest Updating2024

Aubrey Drake Graham, widely known as Drake, has cemented his place as one of the most influential and financially successful artists in the music industry. As of 2024, Drake’s net worth is estimated to be around $250 million, a testament to his multifaceted career and astute business ventures.

Drake Net Worth Forbes 2024, Age & Family

Early Life and Career Beginnings

Drake was born on October 24, 1986, in Toronto, Ontario, Canada. His journey to stardom began not with music, but with acting. Drake gained initial fame as a teenager on the Canadian TV show “Degrassi: The Next Generation,” where he played Jimmy Brooks, a character who became wheelchair-bound after a school shooting. Despite his success on the show, Drake always harbored dreams of becoming a rapper.

Breakthrough in Music

Drake’s breakthrough in music came with his third mixtape, “So Far Gone,” released in 2009. The mixtape was a commercial success, featuring hits like “Best I Ever Had” and “Successful,” and garnered significant attention from major record labels. This led to a bidding war, which concluded with Drake signing with Lil Wayne’s Young Money Entertainment.

His debut studio album, “Thank Me Later” (2010), debuted at number one on the Billboard 200 and was certified Platinum. This was followed by even greater success with his subsequent albums “Take Care” (2011), “Nothing Was the Same” (2013), and “Views” (2016), all of which solidified his status as a top-tier artist in the industry.

Financial Success and Revenue Streams

Drake’s financial success can be attributed to various revenue streams, including music sales, tours, endorsements, and business ventures. His concert tours, such as the “Club Paradise Tour,” “Would You Like a Tour?,” and “Aubrey & The Three Migos Tour,” have grossed millions of dollars, contributing significantly to his wealth.

Financial Success and Revenue Streams

Drake also has lucrative endorsement deals with major brands like Sprite, Nike, and Apple Music. In 2016, he signed a $19 million deal with Apple Music, which included exclusive releases and promotional appearances.

Business Ventures

Beyond music, Drake has ventured into several business projects. He co-founded the record label OVO Sound in 2012, which has signed successful artists such as PARTYNEXTDOOR and Majid Jordan. Additionally, Drake’s OVO brand, which includes high-end streetwear and accessories, has become a significant fashion label.

Drake has also invested in the tech industry, backing companies like Players’ Lounge, a gaming company, and Mars Reel, a digital sports media platform. These investments have diversified his income streams and further boosted his net worth.

Real Estate and Lifestyle

Drake’s net worth is also reflected in his impressive real estate portfolio. He owns a luxurious mansion in Toronto, known as “The Embassy,” valued at $100 million. The mansion features amenities such as a full-size basketball court, an indoor pool, and a recording studio.

YearNet Worth
Net Worth in 2024$250 Million

In addition to his Toronto property, Drake purchased a $7.7 million estate in Hidden Hills, California, in 2012. Known as the YOLO Estate, this property includes multiple residences, a movie theater, a basketball court, and one of Southern California’s largest privately owned pools. Drake has since expanded the estate by purchasing neighboring properties.

Drake’s extravagant lifestyle extends to his collection of luxury cars and a customized Boeing 767 jet, aptly named “Air Drake,” which is valued at $185 million.

Philanthropy

Despite his immense wealth, Drake has not forgotten to give back. He is known for his philanthropic efforts, donating to various causes such as education, health, and disaster relief. In 2018, Drake famously gave away nearly $1 million in his “God’s Plan” music video, helping individuals and organizations in need.

Social Media Account Details

Social MediaFollowersLink
Instagram146MInstagram
Facebook52MFacebook
Twitter39.3MTwitter
YouTube30MYouTube

Awards and Recognitions

Throughout his career, Drake has received numerous awards and recognitions. He has won four Grammy Awards, 27 Billboard Music Awards, and multiple American Music Awards and BET Awards. His achievements in music are a testament to his talent and dedication to his craft.

Conclusion

Drake’s journey from a child actor to a global music icon is nothing short of extraordinary. His estimated net worth of $250 million in 2024 reflects not only his success in the music industry but also his savvy business acumen and diverse investment portfolio. As Drake continues to release new music, embark on tours, and explore new business ventures, his net worth is poised to grow even further in the coming years.

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Frequently Asked Questions

Drake’s net worth comes from his successful music career, high-grossing tours, lucrative endorsements with brands like Nike and Apple Music, business ventures such as his record label OVO Sound and fashion line, and smart real estate investments.

Drake owns a $100 million mansion in Toronto, known as “The Embassy,” and previously owned the YOLO Estate in Hidden Hills, California, which he sold for $12 million. His properties are known for their luxurious amenities.

Drake is known for his charitable efforts, including donating nearly $1 million in his “God’s Plan” music video and supporting various causes related to education, health, and disaster relief.

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