Drake Net Worth: What Is Toronto Rapstar’s Worth In 2023

24x7 Team

Drake Net Worth What Is Toronto Rapstar's Worth In 2023

Drake is among the top 10 richest rap artists.

Started his career as an actor at the age of 15, Drake is now one of the top hip-hop artists in the world. Over the past decade, Drizzy is among the highest-paid rap artists, and he has earned more than $430 million in his career before taxes and lifestyle costs.

According to Celebrity Net Worth, the Toronto rap star has a net worth of $250 million. Following the release of a few mixtapes to kick off his rap career, Drake signed a contract with Lil Wayne’s Young Money Entertainment.

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In 2022, Universal Music Group confirmed re-signing of the rapper to a “long-term worldwide partnership” the deal included everything from “recorded music to music publishing, film, television and brands.” In one of his songs, Drizzy rapped “360 up front,” which could mean he’s been paid $360 million for the deal, while some sources estimated the deal value at $400 million.

In his career, the rapper has sold more digital singles than anyone in history. According to some sources, Drake has sold more than 163 million digital singles, which is 40 million more than second place Rihanna.

The rapper also earns a lot from his tours and concerts. Drake’s 2016 “Summer Sixteen Tour” was the highest-grossing hip-hop tour of all time at the time with a gross of $84.3 million off 54 shows, an average gross of $1.56 million per concert. He then broke his own record with Migos co-headlining tour in 2018 which earned $80 million in over 43 dates, which is an average gross of $1.86 million per concert.

In 2016, Drizzy spent $6.7 million to buy a plot of land in suburban Toronto in an area called The Bridle Path and then proceeded to build a 50,000-square-foot mansion on the two-acre property. In March last year, it was reported that the rapper secured a deal of $75 million to buy British singer Robbie Williams’ 20-acre Beverly Hills mansion. In May 2023, the rapper listed the mansion for sale for $88 million.

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Drake also owns a Boeing 767 private jet which is called “Air Drake” which was designed by late designer Virgil Abloh, and the price of the plane is estimated at $75 – $100 million.

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Drake’s Earnings By Year (2010-2020)

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

Total: $433 million

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