Introduction
Drake, born Aubrey Drake Graham, is one of the most successful rappers and entrepreneurs in the world. With a career spanning over a decade and numerous hit songs that have topped charts, Drake has become a household name. However, music is not the only source of his wealth. In this article, we explore how much money Drake has, and how he has built his net worth over the years.
The Journey of Drake’s Income: How He Builds and Grows His Wealth
Drake began his journey to fame as an actor on the Canadian TV show Degrassi: The Next Generation. Later on, Drake decided to pursue music, releasing his first mixtapes in 2006 and 2007. However, it was not until his 2010 album, Thank Me Later, that he became a commercial success. From there, Drake has continued to release hit songs and albums, cementing his position in the music industry.
Drake’s success is not just limited to music, however. He has built a brand called OVO, which stands for October’s Very Own, and is involved in several business ventures. Drake has also worked with companies like Nike and has been given the opportunity to design his own clothing line.
Breaking Down Drake’s Net Worth: A Look Into His Major Sources of Income
As of 2021, Drake’s net worth is estimated to be around $180 million. His primary source of income is his music career, including album sales, tours, and streaming. Drake has sold over 150 million records worldwide and has won several awards throughout his career. He also earns money from his business ventures, such as his whiskey brand Virginia Black and his partnership with Air Jordan.
Drake’s Lavish Lifestyle: A Peek Into the Rapper’s Extravagant Spending Habits
Drake is known for his luxurious lifestyle and extravagant purchases. He owns a mansion in Toronto worth $100 million, complete with amenities like a basketball court, an indoor swimming pool, and a recording studio. Drake also owns a private jet worth over $185 million, which he uses to travel around the world.
Drake’s love for luxury cars and fashion is well-known, too. He has several expensive cars, including a Bugatti Veyron and a Lamborghini Aventador. Drake also has a passion for high-end fashion, and often wears designer clothing from brands like Gucci, Louis Vuitton, and Off-White.
Despite his lavish spending, Drake ensures that he balances his spending with his investments and savings. He owns several properties and invests in stocks and bonds.
From Degrassi to Forbes: A Timeline of Drake’s Rise to Financial Success
Drake was born in Toronto, Canada in 1986. He began his journey to fame as an actor on Degrassi: The Next Generation in the early 2000s. He later decided to pursue music, releasing his first mixtapes in 2006 and 2007. In 2009, he signed a record deal with Lil Wayne’s Young Money Entertainment.
Drake’s commercial breakthrough came with his 2010 album Thank Me Later, which debuted at number one on the US Billboard 200. Since then, he has released several hit albums, including Take Care, Nothing Was The Same, Views, and Scorpion. Drake has also won several awards throughout his career, including four Grammy Awards.
The Business of Drake: How He Uses His Brand to Make Millions Beyond Music
Drake’s brand has expanded beyond music over the years. In 2015, he signed a deal with Apple Music to host his own radio show, OVO Sound Radio. He also has partnerships with several companies, including Nike and Virginia Black.
Drake uses his platform to support and promote other artists and businesses, too. He has signed many artists to his record label OVO Sound and has worked with several charities over the years.
Conclusion
In conclusion, Drake’s net worth is a testament to his success as a rapper and entrepreneur. He has built his wealth through his music career, business ventures, and smart investments. Despite his reputation for lavish spending, Drake ensures that he balances his spending with his investments and savings. Aspiring artists and entrepreneurs can learn from Drake’s journey to financial success, and his ability to use his platform to support and promote others.