Drake Net Worth

Drake, born Aubrey Drake Graham, is a Canadian rapper, singer, songwriter, and actor known for his significant impact on the music industry. He first gained fame as an actor on the Canadian series “Degrassi: The Next Generation” before transitioning to music.

Since releasing his debut studio album, “Thank Me Later,” in 2010, which topped the hip-hop charts, Drake has become a global sensation. His net worth is estimated at $250 million, making him one of the highest-paid entertainers in the world.

Over the years, he has released numerous chart-topping albums and singles, earning accolades for his innovative blend of rap and R&B.

Drake is known for his extensive touring, appearances on various music programs, and participation in major awards shows, solidifying his status as a leading figure in contemporary music.

Overall, Drake has earned more than $430 million throughout his career, not accounting for taxes and lifestyle expenses.

Drake has a highly lucrative touring career, grossing approximately $1 million per concert. This impressive figure highlights his ability to draw large crowds and the demand for his performances.

With numerous sold-out shows and extensive tours, his concert revenue significantly contributes to his overall earnings, reinforcing his status as one of the top entertainers in the music industry.

Real Estate Properties

Drake, originally from Canada, made Hidden Hills, California, his primary residence in 2012 when he purchased the lavish YOLO Estate for $7.7 million in cash.

This impressive property encompasses multiple residences, including a sprawling 12,000-square-foot main house and a 2,000-square-foot party house.

The estate is equipped with a variety of luxurious amenities, such as:

• Equestrian stables
• A 25-person movie theater
• A full-sized basketball court
• A sand volleyball court

One of the largest privately owned pools in Southern California, designed in a lagoon style that wraps around the house.

Drake’s pool features several waterfalls, a swim-up bar, an 80-foot water slide, and a grotto reminiscent of the Playboy Mansion, making it a prime example of his extravagant lifestyle.

Drake had long admired his Hidden Hills mansion, which he discovered years earlier while searching for “craziest residential swimming pools.” A photo of the estate’s impressive lagoon-style pool became his computer background, serving as motivation for his eventual purchase.

The mansion was originally listed in 2009 for $27 million, but by 2012, the previous owner was facing financial difficulties and lowered the price significantly.

Seizing the opportunity, Drake purchased the property for $7.7 million, allowing him to turn his dream into reality. This remarkable acquisition reflects both his successful music career and his penchant for luxurious living.

In 2015, Drake expanded his Hidden Hills property by purchasing a neighboring 1.6-acre estate for $2.8 million. He further extended his estate in 2018 by acquiring another adjacent property for $4.5 million. Collectively, his private estate now spans 6.7 acres at the end of a cul-de-sac, with a total investment of $15 million in real estate acquisitions.

In March 2022, Drake listed the YOLO Estate for $22.7 million, offering potential buyers the option to purchase the main mansion separately for $14.8 million.

In April 2022, NFL quarterback Matthew Stafford purchased two of the three estates that comprised the YOLO Estate for $11 million, which was $3.6 million over the asking price.

However, these purchases did not include the primary “YOLO” mansion. Later in July 2022, another buyer acquired the third parcel for $12 million, further separating the estate’s components.

In 2016, Drake purchased a two-acre plot in Toronto’s Bridle Path for $6.7 million, where he built a lavish 50,000-square-foot mansion.

The estate features a 10-car garage, a regulation-size NBA basketball court, a gym, an awards room, and a 3,200-square-foot master bedroom. He also owns a condominium in downtown Toronto, highlighting his connection to the city.

On March 8, 2022, it was reported that Drake had acquired British singer Robbie Williams’ 20-acre Beverly Hills mansion for $75 million in an off-market deal. Prior to Williams, the home was owned by Armand Marciano, co-founder of Guess? clothing.

Drake purchased the property through a corporate entity, 11Kip, LLC, taking out a $52.5 million mortgage with Bank of America and putting down $22.5 million in cash, which is 30% of the purchase price.

In May 2023, just over a year after purchasing the Beverly Hills mansion for $75 million, Drake listed the property for sale at $88 million. He relisted it for the same price in May 2024.

Private Jet

In May 2019, Drake revealed his newly acquired Boeing 767 private jet, dubbed “Air Drake,” in an Instagram video. He proudly stated that he owns the jet outright, with “no rental, no timeshare, no co-owners.”

A similar private jet of this model and quality is valued at between $75 million and $100 million.