What is Drake’s Net Worth? How Has He Made His Career in Music?

 Aubrey Drake Graham, better known by his stage name Drake, is one of the most popular and well-known stars in the United States. The name he goes by is just Drake. Drake was born in Toronto, Ontario, Canada, on October 24, 1986. Drake was born and raised in Toronto, where he also spent time with his parents.

His father is African American, and he has worked as a drummer for a large part of his adult life. His mother was born in Canada, while both of his guardians were born in America. Drake is a dual citizen of the United States and Canada, thanks to his Canadian mother and an American father.

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After his father’s departure, Drake was just five years old. While his father migrated from Toronto to Memphis, he moved in with her mother in Toronto. He had a terrible childhood because of the racial abuse he endured as a youngster. He stopped attending school thereafter.

This article will be mainly focused on Drake’s net worth, career and life.

Drake’s Early Life

Aubrey Drake Graham was born on October 24, 1986, in Toronto, a town in Canada. His father, a drummer, and his mother, an English teacher, both worked in the field of education. During his youth, Drake attended a Jewish day school, and at the age of 13, he celebrated his Bar Mitzvah.

After Drake’s parents divorced, Drake’s father was generally absent from his son’s life for the rest of his life. When Drake was already in the sixth grade, his mother and he moved into a modest apartment in an affluent area. It was difficult for Drake’s mother to earn a living while they were there.

Forest Hills Collegiate Institute, where Drake was enrolled at the time, fostered an intense love of the arts in him. Even though he was a gifted singer and performer, Drake was subjected to bullying due to his mixed ethnicity and religious upbringing. After this, Drake had to drop out of school, but he returned and obtained his graduation in 2012 as a consequence.

Drake was only 15 years old when he landed a spot on a Canadian television program. He took a prominent role in “Degrassi: The Next Generation,” a famous Canadian teen drama series. Drake played the character of Jimmy Brooks during the first seven seasons of the program. It was around this time when Drake’s mother was hospitalized in a critical condition.

Drake’s acting fees were the only source of income that the two of them could rely on to survive. An annual salary of $50,000, or $2,000 in monthly taxes, was the result. At the same time that Drake views this time in his life as very difficult, it is also influencing his ambition to attain even more success in the future.

Drake’s Music Career

In 2005, Drake released his debut mixtape, named “Room for Improvement,” on MySpace, which marked the beginning of Drake’s musical career. Following its release, he sold 6,000 copies of the book in the first week alone from where Drake’s net worth started. The following year, the singer responded to the criticism by releasing a new mixtape titled “Comeback Season” with the same name.

 

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Rather than going via his previously formed record label, October’s Very Own, he issued this mixtape alone (OVO Records.) Hip-hop soloists like Jay-Z and Kanye West have made millions of dollars on their own. Even Drake had aspirations of being a great entrepreneur on his own terms.

As a result of the success of Drake’s “Comeback Season” single, a big new opportunity opened up for the musician which contributed to Drake’s net worth. The single’s music video premiered on BET first. This was a first for an unsigned Canadian artist, and it was the first time such a fleet had been produced. Soon, more well-known artists heard about Drake’s burgeoning stardom and wanted to work with the emerging star himself.

Immediately after hearing Drake’s song, Lil Wayne reached out to him. When Lil Wayne persuaded Drake to join him on his Tha Carter III tour, they cooperated and produced a number of future smash tracks, including “Forever.” Drake’s mixtape “So Far Gone” was made available for free download in 2009 on their OVO website of the rapper.

As of this writing, the mixtape has already gathered enough downloads in its first hour of release to earn it the gold classification. It was because of this that major and independent labels started competing against each other to sign Drake. In the end, Drake signed a record contract with Cash Money Records, which was owned by Lil Wayne, in 2009. With his growing career, Drake’s net worth is also growing rapidly.

Drake’s Net Worth 2022

In July 2022, Drake’s net worth is expected to reach close to $180 million. According to Forbes, Drake’s net worth is estimated at $433 million between 2010 and 2020. The property was acquired by the celebrity for a considerable amount of his riches which definitely added to Drake’s net worth. In the wake of the real estate crisis in 2009, he opted to wait to buy his ideal Hidden Hills house, previously sold for $27 million, at a $7 million discount (the property was originally advertised for $27 million).

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With the acquisition of an extra $1.6 million in the land, Drake expanded the property’s boundaries. Known as “The Embassy,” Drake’s Toronto mansion is reported to be worth a cool $150 million. The house’s linings were made of limestone, metal, and exotic woods. An indoor basketball court that is the size allowed by the NBA and a 21-square-foot pyramidal skylight are just some of the mansion’s other unusual features.

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