Drake Net Worth
According to Forbes, Drake’s 2020 earnings surpassed $49 million, placing him 49th on the outlet’s Celebrity 100 list for 2020.
Drake, on the other hand, has a total net worth of $200 million, with a salary of around $70 million per year, according to Celebrity Net Worth. The sales of his various hit songs and albums account for the majority of his net worth.
“Drake earned $45 million between June 2017 and June 2018. He earned a total of $95 million in 2017. He earned $75 million between June 2018 and June 2019. “In the following year, he earned $50 million,” according to the outlet.
Drake has some money invested in real estate as well. He paid $7.7 million in cash for the Saddle Ranch Bar in Los Angeles in 2012. He expanded the property in 2015, paying $2.8 million for an additional 1.6 acres. In 2018, he spent another $4.5 million to purchase a neighboring home.
Drake, however, does not only own property in Los Angeles. He also paid $6.7 million for a plot of land outside of Toronto in 2016, where he’s reportedly building a 35,000-square-foot chateau.
Drake is thought to have a total of $25 million in real estate.
Drake Surprisingly Turns Down 2022 Grammy Nominations For ‘Certified Lover Boy’
TOPLINE: Rapper Drake requested that his Grammy nominations be withdrawn on Monday, Variety reported, with no reason given publicly, the Recording Academy’s latest surprise change since nominations were announced last month.
- IMPORTANT INFORMATION
Drake was nominated for two awards: Best Rap Album for his album Certified Lover Boy, and Best Rap Performance for his song “Way 2 Sexy.”
- According to Variety, who cited anonymous sources, Drake and his management team made the request to withdraw the works, and the Recording Academy granted it.
- It is unclear why Drake chose to withdraw his work.
IMPORTANT BACKGROUND | Drake Net Worth
The Recording Academy has made several changes to the 2022 Grammy nominations since they were announced last month. Notably, Marilyn Manson, who has been accused of sexual abuse, did not receive a Grammy nomination for his work on Kanye West’s album Donda.
The Recording Academy last week removed his name from the list of people who worked on the song “Jail,” which is up for Best Rap Song. When the nomination of Charles Manson sparked outrage, CEO Harvey Mason Jr. stated that artists’ backgrounds would not be taken into account when submitting their work.
Taylor Swift, Jack Antonoff, and St. Vincent were also removed as songwriters on Olivia Rodrigo’s song “good 4 u,” for which they were originally credited, on Sunday because the song interpolates one of Swift’s songs, “Cruel Summer.” The Recording Academy stated in a statement to Variety that writers of interpolated tracks are not eligible for awards.
Early Life | Drake Net Worth
Aubrey Drake Graham was born in Toronto, Canada on October 24, 1986. Drake’s father, Dennis, was a drummer who worked with artists such as Jerry Lee Lewis during his career. Sandra, aka Sandi, Drake’s mother, worked as an English teacher and florist. Drake went to a Jewish day school and had a formal Bar Mitzvah.
When Aubrey was five years old, Sandi and Dennis divorced. His father later relocated to Memphis, where he was arrested and imprisoned for several years on drug charges. Aubrey remained in Toronto with his mother, though he visited his father in Memphis every summer (when his father was not incarcerated). Drake would later describe Dennis as being absent during his childhood, which Dennis has strongly denied and claims were embellished to sell records.
Drake and his mother lived in the bottom half of a two-story townhouse in Forest Hill, an affluent suburb, beginning in sixth grade. Drake lived in the basement, while his mother lived on the street-level floor. They were not wealthy; in fact, money was scarce.
Drake discovered an interest in acting and singing while attending Forest Hill Collegiate Institute. He later attended Vaughan Road Academy, where he was bullied because he was bi-racial and religious. He dropped out briefly but eventually graduated in 2012.
Drake’s Commercial Ventures | Drake Net Worth
Drake has a number of notable revenue streams outside of his music career. Drake signed a $19 million deal with Apple Music when it first became available to the public. This would enable the streaming service to serve as the home for all future Drake solo and album releases.
A number of endorsement deals have arrived at Drake’s door. Drake has amassed a sizable net worth by signing deals with companies such as Sprite, Burger King, Nike, and Apple. Drake is also the global ambassador for the Toronto Raptors, a team for which he has previously expressed his enthusiasm. Every year, the artist hosts a “Drake night” with the team.
In 2016, the Canadian megastar debuted his own line of bourbon whiskey. The company was renamed “Virginia Black.” Virginia Black sold 4,000 bottles in its first week of release. As the year progressed, they shipped out 30,000 more bottles.