Drake Net Worth (Updated 2025).
Drake, born Aubrey Drake Graham, kicked off his career in the entertainment industry at a young age, initially gaining recognition as an actor on the Canadian teen drama series “Degrassi: The Next Generation.” His portrayal of Jimmy Brooks catapulted him to fame in his home country, but it was his foray into music that would ultimately propel him to global stardom.
In 2006, Drake began releasing mixtapes, showcasing his unique blend of R&B, hip-hop, and pop. His debut mixtape, “Room for Improvement,” caught the attention of Lil Wayne, who then signed Drake to his record label, Young Money Entertainment. Drake’s second mixtape, “So Far Gone,” released in 2009, was a critical and commercial success, featuring hit singles like “Best I Ever Had” and “Successful.” This marked the beginning of his rise to fame, paving the way for his subsequent albums and solidifying his status as one of the most influential artists of his generation.
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Drake’s Current Net Worth in 2025
As of 2025, Drake’s current net worth is estimated to be around $250 million, according to Forbes. This significant wealth accumulation is a testament to his successful music career and various business ventures.
Drake’s Career
Drake, born Aubrey Drake Graham, began his career as an actor on the TV series ‘Degrassi’ in the early 2000s. He transitioned into music in 2006, releasing his debut mixtape ‘Room for Improvement.’ His 2009 mixtape ‘So Far Gone’ catapulted him to fame, followed by his critically acclaimed debut album ‘Thank Me Later’ in 2010. Since then, Drake has released numerous successful albums and singles, earning him numerous Grammy Awards and breaking multiple streaming records.
Drake’s Other Ventures
Beyond music, Drake has ventured into various business endeavors. In 2016, he launched his own record label, OVO Sound, in partnership with Warner Bros. He has also invested in tech startups like the ride-sharing app Uber and the digital money transfer service Circle. Drake is also a co-owner of the NBA’s Toronto Raptors and has a stake in the NBA’s esports franchise, Team Dignitas.
Drake’s Assets
Drake’s real estate portfolio is extensive. He owns properties in Toronto, Los Angeles, and Hidden Hills, California. His most lavish property is a $100 million mansion in Toronto, which he bought in 2020. He also owns a private jet, a collection of luxury cars, and a fleet of high-end motorcycles. Drake is also known for his expensive taste in fashion, often seen wearing designer brands like Givenchy and Louis Vuitton.
Drake’s Annual Income
Drake’s annual income is primarily derived from his music career. In 2020, despite the pandemic, he earned $50 million, according to Forbes. This includes earnings from streaming, touring, and record sales. His other ventures, such as his clothing line October’s Very Own (OVO) and his stake in various businesses, also contribute to his annual income. However, the exact figures for these are not publicly disclosed.
Frequently Asked Questions about Drake
**Frequently Asked Questions: Drake Net Worth**
1. What is Drake’s net worth?
Drake’s net worth is estimated to be around $250 million.
2. How did Drake become so wealthy?
Drake’s wealth comes primarily from his successful music career, including album sales, streaming, touring, and merchandise. He also has ventures in other areas such as acting, endorsements, and his own record label, OVO Sound.
3. What are some of Drake’s most successful songs?
Some of Drake’s most successful songs include “God’s Plan,” “Hotline Bling,” “One Dance,” “Work,” and “In My Feelings.” He has numerous other hits and has collaborated with many prominent artists.
4. What is Drake’s record label?
Drake founded his own record label, OVO Sound, in 2012. It is a subsidiary of Warner Records.
5. How much does Drake make per show?
Drake’s concert earnings vary, but he has been reported to make around $2 million per show on average.
6. What is Drake’s acting career like?
Drake has appeared in several TV shows and movies, including “Degrassi: The Next Generation,” “Saturday Night Live,” “Ice Age: Continental Drift,” and “Top Boy.” He has also produced several TV shows.
7. What are some of Drake’s business ventures?
Drake has invested in several businesses, including a whiskey brand (Virginia Black), a line of high-end sweatsuits (Jordans), and a cannabis company (More Life Growth Co.). He also has a stake in the NBA’s Toronto Raptors.
8. How much does Drake spend on real estate?
Drake has spent over $100 million on real estate, with properties in Toronto, Los Angeles, and Miami. His most expensive purchase was a $100 million mansion in Toronto.
9. What is Drake’s philanthropic work like?
Drake has been involved in various philanthropic efforts, including donating to charities, supporting education, and helping those affected by natural disasters. He has also given back to his hometown of Toronto through various initiatives.
10. What are some of Drake’s awards and accolades?
Drake has won numerous awards, including four Grammy Awards, six American Music Awards, and 27 Billboard Music Awards. He is also the most streamed artist on Spotify worldwide.