Drake's Net Worth Revealed: How Much the Superstar Rapper is Worth in 2023

Introduction

Drake is one of the most popular and successful musicians in the world. The Canadian rapper, singer, songwriter and actor has risen to fame since releasing his debut album 'Thank Me Later' in 2010. Drake has since gone on to release numerous hit singles and albums, recently becoming the artist with the most charted songs in any genre in the history of the Billboard Hot 100. So with all of Drake's success, what is the star's total net worth?

Early Life and Career Beginnings

Aubrey Drake Graham was born in Toronto, Canada in 1986. He initially gained recognition in the early 2000s for playing Jimmy Brooks on the teen drama series Degrassi: The Next Generation. Drake pursued music and left the show in 2007 to focus on his rap career. He released a few mixtapes and collaborated with artists like Lil Wayne before being signed to Young Money Entertainment in 2009.

Breakthrough with Thank Me Later

Drake released his debut album 'Thank Me Later' in 2010 with hit singles like 'Over' and 'Find Your Love'. The album debuted at #1 on the Billboard 200 and was certified platinum. This hugely successful first album showed Drake's potential in the hip-hop world.

Continued Success with Take Care and More

Drake's success continued with his second album 'Take Care' released in 2011. It featured smash hits like 'Headlines', 'Make Me Proud', 'The Motto' and 'Take Care'. Drake solidified himself as one of the top artists in hip-hop with his Grammy winning album 'Take Care'.

Over the next decade, Drake would go on to release hit album after hit album. He broke numerous streaming records and chart records with albums like 'Nothing Was the Same', 'Views', 'Scorpion' and 'Certified Lover Boy'. Drake has had nine #1 albums on the Billboard 200 to date.

Drake's Net Worth

According to Celebrity Net Worth, Drake has a net worth of $250 million as of 2023. Here's a breakdown of how Drake has amassed his massive fortune over his career:

Music Sales & Streaming

Drake has sold over 170 million records worldwide as of 2022. His albums and songs have spent hundreds of weeks on Billboard charts. According to MRC Data, Drake has earned over $450 million just from song streams and downloads in the United States as of 2022.

Tours & Residencies

Drake has earned around $390 million touring and from Las Vegas residencies since 2010 according to Billboard Boxscore and Pollstar data. His highest grossing tour was the Aubrey & The Three Amigos Tour with Migos which grossed $79 million.

Business Ventures & Endorsements

Drake has earned tens of millions from business ventures like his Virginia Black whiskey company and from endorsements with brands like Nike and Sprite. He also has real estate investments.

Music Catalog Sale

In 2021, Drake reportedly sold his music publishing and songwriting catalog to Universal Music for around $400 million. This massive deal gave Drake a huge net worth boost.

Highlights of Drake's Wealth

Here are some of the highlights of Drake's incredible wealth and success:

• Has sold over 170 million records worldwide
• First artist to surpass 50 billion Spotify streams
• Has 9 #1 albums - the most of any rapper
• Highest certified digital singles artist with 142 million units certified
• First artist to simultaneously hold the #1 and #2 spots on Billboard Hot 100 as a lead artist
• Sold his music catalog for around $400 million
• Has earned $450+ million from streaming/downloads in the U.S. alone
• Toured stadiums and arenas earning hundreds of millions
• Has lucrative business deals including Virginia Black whiskey brand

Real Estate and Luxury Purchases

With all his success, Drake lives an ultra luxury lifestyle. He has bought spectacular mansions in Toronto, California and more. Some highlights:

• Owns a $100 million 50,000 square foot mansion in Toronto
• Paid $7.7 million for a Hidden Hills estate in California
• Spent $4.5 million on a custom Toronto condo in his One Fifty York building
• Bought a $4 million Beverly Hills mansion in 2021
• Owns a $3.7 million custom Ferrari LaFerrari
• Has a $185 million custom Boeing 767 plane called "Air Drake"

Drake enjoys spending his fortune on real estate, exotic cars, private jets, and an ultra luxury lifestyle.

Final Thoughts

Drake's net worth in 2023 is estimated at $250 million. The rap superstar has amassed his huge fortune through chart-topping albums and record sales, massive touring, endorsements, business deals and the sale of his music catalog. Drake is one of the best-selling artists ever and continues to release hit music while expanding his wealth through smart business moves. With his talent and business savvy, Drake's net worth is sure to continue rising in the future.

FAQs

How much is Drake worth?

Drake's net worth is estimated at $250 million as of 2023.

What is Drake's real name?

Drake's real name is Aubrey Drake Graham.

How does Drake make his money?

Drake makes his money through music sales, streaming royalties, touring, endorsements, business deals, and the sale of his music catalog.

Who is the richest rapper?

As of 2023, Drake is considered one of the richest rappers with a net worth of $250 million. Other very wealthy rappers include Diddy, Dr. Dre, Jay-Z and Kanye West.

What is Drake's most popular song?

Drake's most popular song is "One Dance" which spent 10 weeks at #1 on the Billboard Hot 100 in 2016. He also has other hugely popular hits like "God's Plan," "In My Feelings" and "Hotline Bling."