Drake’s net worth in 2023

Drake is a popular actor and rapper who has released hit tracks including Hotline Bling, God’s Plan, Best I Ever Had, One Dance and many more. He is a four-time American Music Award winner and Primetime Emmy Award nominee. For this coin, let’s take a closer look at Drake’s net worth in 2023.

Drake’s net worth in 2023 (estimated): $250 million

Drake’s net worth as of 2023 is $250 million. This is according to reputable outlets such as Celebrity Net Worth.

Drake was born on October 24, 1986 in Toronto, Ontario. He studied at Forest Hill Collegiate Institute before enrolling at Vaughan Road Academy. Since Drake’s family was not wealthy, the actor and singer wanted to improve his lifestyle. In fact, Drake first worked at his grandfather’s factory in Memphis to help make ends meet. From the age of 15, Drake already wanted to pursue an acting career, which led him to quit school.

In 2001, Drake made his acting debut in the television series titled Blue Murder. Since this project, Drake would become a staple of television screens. He has appeared on Soul Food, Conviction, Jew Jube Lives and Best Friend’s Date.

However, Drake’s breakthrough role came when he played basketball star Jimmy Brooks on the television series Degrassi: The Next Generation. Drake would reprise this role three more times in Jay and Silent Bob Do Degrassi, Degrassi: Minis, and Degrassi Spring Break Movie. According to sources, Drake was earning $50,000 a year for the role of Jimmy Brooks. He also won a Young Artist Award for his performance in the show.

After making waves as Jimmy Brooks, Drake dabbled in rapping. In 2006, Drake launched his music career by releasing his first mixtape titled Room For Improvement. The mixtape saw 6,000 units sold with Drake earning just over $304 in royalties. During the same year, he also gave his first concert. Assigned to open for the Ice Cube concert at Kool Haus, Drake was paid $100.

Despite the low paycheck, Drake continued to persevere, releasing mixtapes including Comeback Season and So Far Gone. The latter was to be a huge success. The mixtape featured notable tracks including Best I Ever Had and Successful. In fact, the released mixtape even sparked a bidding war that saw Lil Wayne’s Young Money Entertainment emerge victorious. While originally released as an EP, So Far Gone would win the 2010 Juno Award for Rap Recording of the Year. The mixtape would not be released until 10 years later as an album, collecting 47.4 million audio streams.

In 2010, Drake released his first studio album titled Thank Me Later. The album would go Platinum certified and top the charts in Canada and the United States. A year later, Drake followed up his hit debut studio album with Take Care, a 6x Platinum-certified album. Take Care would earn Drake over $2.3 million.

Since then, Drake has released albums that would go on to become certified Platinum at least four times. But among his albums, Drake’s most successful album was Views, an album he released in 2016. According to reports, Views sold around 7.7 million copies worldwide. This allowed Drake to pocket more than $5.2 million.

Besides album sales, as a rapper, Drake also earns gigs and tours. According to sources, he collects at least a million dollars per concert. Additionally, Drake has also earned over $23 million from Spotify. As of this writing, Drake is the second best-selling digital singles artist in history with 164 million certified units. The only artist who ranks ahead of him is Eminem with 166 million.

While Drake has carved out a successful rap career, that hasn’t stopped him from going back to where he started, which is acting. Drake has appeared in projects such as The Border, Being Erica, Breakaway, Ice Age: Continental Drift, Anchorman 2: The Legend Continues, Francesca Farah’s Vlog and many more. He is set to appear as himself in the Joshua TV series.

Given that Drake is such a popular personality, it’s no surprise that various brands have teamed up with the established rapper. Previously, he worked with brands such as Burger King, Sprite, Whataburger, Apple and Nike. Among his brand partnerships, his deal with Apple was the most lucrative as it amounted to $19 million.

Although Drake has been busy in the entertainment industry, that hasn’t stopped him from becoming a businessman. He is currently the global ambassador for the NBA team, the Toronto Raptors. Besides, he also launched his own brand of luxury whiskey called Virginia Black. Virginia Black will sell a total of 30,000 cases in its first year of operation. The whiskey brand also has a huge following with 55,000 followers on Instagram. Besides that, Drake also started his own label called OVO Sound.

Nevertheless, were you surprised by Drake’s net worth in 2023?

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