Aubrey Graham, popularly known by his stage name Drake, is a Canadian-born celebrity, an actor, rapper, and producer, with an estimated net worth of over 180 million dollars in 2021.
Over the course of his career as a mainstream worldwide superstar, he has released numerous hit songs and launched several businesses that have earned him more than $430 million pre-tax.
Drake’s Early Life
Graham was born in Toronto, Canada on October 24, 1986, his parents split when he was five, and he lived with his mother from then on in a townhome in an affluent suburb called Forest Hill.
They were not very rich and his mother worked as an English teacher and florist to make ends meet. Drake’s mother was Jewish, and so he naturally followed in her religion and even had a bar mitzvah ceremony.
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He discovered a talent for acting and singing while attending Forest Hill Collegiate Institute and proceeded to attend Vaughan Road Academy where he was bullied for his religious and racial background. Later on, he dropped out from the school.
Degrassi Acting Career
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Eager to kick off his acting career, he was introduced to the father of a childhood friend- an acting agent who helped him land the role. His character was Jimmy Brooks, a star basketball player who became disabled and confined to a wheelchair after being shot by a classmate.
He played Jimmy from season one through seven, and made guest appearances after he left.
During his time as a Degrassi cast member, Drake’s mother fell ill and could not work, leaving the Degrassi pay of $50,000 per year (roughly $2000 monthly) as their only income. In the rapper’s words, “My mother was very sick. We were very poor like broke. The only money I had coming in was from Canadian TV.”
How Does Drake Earn His Money?
Drake is a multifaceted businessman, with his hands in several areas such as music, acting, and business. In 2006, he released his debut mixtape “Room For Improvement,” and another smash mixtape the next year titled “So Far Gone.”
He went on to release two smash hit albums, “Thank Me Later” and “Take Care” which displayed his musical dexterity as a rapper, singer, and all-around artiste.
Not stopping there, Drake further released “Nothing Was The Same” in 2013, “If You’re Reading This It’s Too Late” and “What A Time To Be Alive” in 2015. His next album, “Views” was released in April 2016 and certified six times platinum by the Recording Industry Association of America (RIAA.)
Billboard’s most awarded artist ever, the rapper has 27 awards to his name with eight #1 songs on the Billboard chart. He is expected to release his latest album “Certified Lover Boy” in September 2021.
Aside from music, Drake has indulged several business ventures. In 2012, he founded OVO, a now successful record label with artists like Popcaan and DVSN signed to it.
He has lucrative deals with Nike and Air Jordan, brand ambassadorships with Apple music, and the Toronto Raptors. He also owns a personal whiskey brand, ‘Virginia Black’ which he launched in 2016.
What Does He Spend His Money On?
Drake has always made smart investments, that much is obvious from his business ventures.
In 2019, his net worth was estimated by Forbes to be around $150 million, and it has only gone up from there to over $180million now. So what does he spend all this money on? Here are some of his bills that we know of;
A million-dollar outfit consisting of a Richard Mille RM 69 watch valued at $750k, a custom Brioni jacket valued at $11,000, Tom Ford Polo Neck and trousers valued at $3,000, and Crocodile Shoes valued at $15,000.
He notably has a $185 million Boeing 767 private plane which he received from Cargojet for free in 2019. The plane is furnished with luxury leather armchairs and a carpeted interior.
He spent $400,000 on a Hästens Grand Vividus bed, several custom-made necklaces for up to $100,000 each, a bill of $7.7 million for a mansion in Hidden Hills, California, and an estimated $150 million for his 50,000 square-foot mansion in Toronto.
His Earnings Through The Year
For the past ten years, Drake is said to have made an estimated $433 million, and below is a breakdown of this amount year by year;
In 2010: $10 million, in 2011: $11 million, in 2012: $21 million, in 2013: $12 million, in 2014: $33 million, in 2015: $40 million, in 2016: $41 million, in 2017: $95 million, n 2018: $47 million, in 2019: $75 million, and in 2020: $50 million.
Grand total: $433 million.