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Drake Net Worth – How He built His Wealth » GhBase•com™

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Drake is a Canadian-born actor, producer and rapper and known to be one of the highest-paid entertainers in the world. Drake net worth is estimated to be around $200 million dollars. In this post, we will look at how Drake created his wealth with his talent. Keep reading.

Early Life and Career

Rapper Drake was born on 24 October 1986 in Toronto, Canada. He was born to Dennis father (who worked as a drummer) and mother Sandra (who worked as an English teacher and a florist). Drake attended a Jewish day school.

Along the line, Drake’s parents divorced. So, he stayed with the mom throughout and sometimes was allowed to visit the father. While attending Forest Hill Collegiate Institute, the desire to be an artist took over.

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At age 15, Drake had his breakthrough as an actor. He featured on a long-running Canadian teen drama television show called “Degrassi: The Next Generation” as Jimmy Brooks in 2008. His role was a basketball star who became disabled after being shot by a classmate. He featured the whole season 1 to 7. The money from the show helped cater for the sick mum. He was taking about $2000 per month and about $50,000 annually.

In 2006, Drake began to release mixtapes. His inspiration was from Jay Z and the success he made in his music. In February 2005, Drake released his first mixtape dubbed “Room for Improvement” which he sold over 6000 copies. From here, he released his second mixtape “Comeback Season” in 2006.

Key Career Facts

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The following are some of the facts about Drake’s career. Check the list.

  • Drake has sold more digital singles than any artist in history (that is over 163 million digital singles).
  • He has also sold over 26 million albums.
  • Drake is also the third best-selling Canadian musician of all time.
  • He earned about $45 million between June 2017 and June 2018.
  • In 2017 he earned a total of $95 million. Between June 2018 and June 2019, he earned $75 million.

Drake’s Earnings by Year

2010: $10 million
2011: $11 million
2012: $21 million
2013: $11 million
2014: $33 million
2015: $40 million
2016: $40 million
2017: $95 million
2018: $47 million
2019: $75 million
2020: $50 million

Properties and Businesses Owned

Drake Net Worth - How He built His Wealth
Copyright: TheRichest

Apart from music, the rapper has extended his wealth to other areas especially when it comes to building. The following are some of the properties owned.

  • Drake bought a palatial mansion from owner of Los Angeles’ Saddle Ranch Bar for $7.7 million.
  • He has also invested over $15 million in real estate acquisition only. In 2015, he extended his property by buying the neighbouring 1.6 acre estate for $2.8 million. He extended it again in 2018 for another $4.5 million.
  • Also in 2016, Drake spent about $6.7 million to purchase a land in Toronto. Here, he build a 50,000 square-foot mansion. The house features a 10-car garage, regulation-size NBA basketball court, gym, awards room and much more. The master bedroom alone is 3,200 square-feet
  • In May 2019, the rapper also purchased a new Boeing 767 private jet (Air Drake) which is sold around $75 to $100 million.
  • Drake also signed a $19 million deal with Apple Music.
  • He also has his own record label called OVO Sound.
  • In 2016 Drake launched his own brand of bourbon-based whiskey called Virginia Black.

Personal Life and Net Worth

Drake has been in love with Rihanna even at the age of 22. He proposed love to her during 2016 VMA. Recently, Drake unfollowed Rihanna after she confirmed her pregnancy with ASAP Rocky. The rapper in 2017 had a son named Adonis with a French model called Sophie Brussaux.

Drake Net worth is estimated to be around $200 million based on his career and the businesses owned.

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Graduate of Ghana Journalist Institute, London. Over 2 years of writing experience.

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