Drake Net Worth 2023 (Update), Car, Income, Brands, Real Estate

Drake Net Worth is around $ 252 million. He has earned this wealth primarily through his successful career as a rapper, singer, and songwriter, with numerous hit albums and singles throughout his career. Drake has also been involved in various other ventures, including producing, acting, and investing in startups. In addition to his professional accomplishments, Drake has been involved in various charitable causes, including the Toronto Raptors Foundation and the Mustard Seed School.

Overview

Years Net Worth
2023 $ 252 million
2022 $ 252 million
2021 $ 252 million

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Drake’s Source of Income

Drake, whose real name is Aubrey Drake Graham, is a Canadian rapper, singer, songwriter, actor, and entrepreneur. He has been incredibly successful in his career and has multiple sources of income. While I don’t have access to Drake’s latest financial information beyond my knowledge cutoff in September 2023, here are some of the main sources of his income:

Music Sales and Streaming: Drake’s music releases have been highly successful, consistently topping charts and receiving millions of streams worldwide. He earns income from album sales, digital downloads, and streaming platforms, where he has a large and dedicated fanbase.

Concerts and Tours: Drake is known for his energetic live performances and has embarked on numerous successful concert tours. Income from ticket sales, merchandise, and sponsorships associated with these tours contributes significantly to his earnings.

Endorsements and Brand Partnerships: Drake has collaborated with various brands for endorsements and partnerships. He has worked with companies such as Nike, Apple, Sprite, and Virginia Black Whiskey, among others. These endorsement deals can involve appearing in commercials, promotional campaigns, or brand ambassadorship, providing him with substantial income.

Acting and Entertainment: In addition to his music career, Drake has ventured into acting. He has appeared in television shows like “Degrassi: The Next Generation” and has had cameo roles in movies. Acting engagements, along with other entertainment-related projects, contribute to his income.

OVO Sound and OVO Clothing: Drake is the founder of the record label OVO Sound (October’s Very Own) and the clothing brand OVO. These business ventures generate revenue through music releases, artist signings, merchandise sales, and collaborations.

Investments: Drake has shown interest in investments, particularly in the tech and entertainment sectors. He has made strategic investments in companies like Virginia Black Whiskey and the esports organization 100 Thieves. These investments can provide additional income and opportunities for financial growth.

It’s important to note that the specific financial details and income distribution may vary, and some details may have changed since my knowledge cutoff. Drake’s overall income is a combination of his various endeavors, and he continues to explore new ventures and opportunities in different industries.

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For the most up-to-date and accurate information, it is advisable to refer to reputable financial publications or official statements from Drake’s representatives.

Drake Car Collection

Drake stands next to her car and wears a blue jacket and white T-shirt
Drake stands next to her car and wears a blue jacket and white T-shirt

Drake has been known to have an impressive car collection, comprising a variety of luxury and high-performance vehicles. However, it’s important to note that car collections can change over time, and new additions or changes may have occurred since then. Here are some notable cars associated with Drake:

Bugatti Veyron Sang Noir: Drake has been seen with a black Bugatti Veyron Sang Noir, a limited edition version of the iconic hypercar known for its speed and exclusivity.

Mercedes-Maybach Pullman: He owns a Mercedes-Maybach Pullman, which is a luxurious and spacious limousine often preferred by dignitaries and high-profile individuals.

Bentley Continental GT Speed: Drake has been spotted with a white Bentley Continental GT Speed, a grand touring coupe that combines luxury with high performance.

Rolls-Royce Phantom: He has been seen with a Rolls-Royce Phantom, a flagship luxury sedan known for its opulence and craftsmanship.

McLaren 675LT: Drake has been associated with a McLaren 675LT, a limited-production supercar known for its powerful performance and aerodynamic design.

Lamborghini Aventador Roadster: He has been seen with a Lamborghini Aventador Roadster, a high-performance convertible sports car with distinctive styling and exhilarating performance.

It’s worth noting that Drake’s car collection may have expanded or changed since my knowledge cutoff. He may have acquired new vehicles or sold some from his collection. For the most up-to-date information, it would be best to refer to Drake’s official channels or social media accounts.

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Drake Real Estate

Drake wearing a blue jacket and stand in her house
Drake wearing a blue jacket and stand in her house

Drake, whose real name is Aubrey Drake Graham, has invested in several high-end properties over the years.ย 

Toronto Properties: Drake is known for his connection to his hometown of Toronto, Canada. He reportedly owns several properties in the city, including a lavish penthouse condo located in the high-end neighborhood of Yorkville. He has also invested in a multi-million dollar mansion in the Bridle Path area, which is known for its upscale residences.

Hidden Hills Mansion: Drake owns a sprawling mansion in the gated community of Hidden Hills, California. The property is known for its luxurious features, including a basketball court, a swimming pool, a movie theatre, and a recording studio.

Miami Condo: Drake has reportedly purchased a condominium unit in Miami’s exclusive Four Seasons Residences. The upscale property offers stunning views and luxurious amenities.

Los Angeles Properties: Drake has been associated with multiple properties in Los Angeles. In the past, he has rented luxurious mansions in the city’s upscale neighborhoods, such as Holmby Hills and Beverly Hills.

It’s important to note that real estate investments can change over time, and Drake may have acquired or sold properties beyond my knowledge cutoff. Additionally, he may have other real estate holdings that are not widely known or publicly disclosed.

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For the most up-to-date information, it is recommended to refer to reputable sources or official announcements regarding Drake’s real estate ventures.

Drake Brands

Drake, whose real name is Aubrey Drake Graham, has ventured into various brand collaborations and business ventures.

OVO (October’s Very Own): OVO is a brand and lifestyle company founded by Drake in 2011. It started as a record label, OVO Sound, and expanded into a clothing line known for its distinctive owl logo. OVO offers a range of apparel, including hoodies, t-shirts, hats, and accessories, and has gained popularity among Drake’s fanbase.

NOCTA: In December 2020, Drake launched a new sub-brand called NOCTA in collaboration with Nike. NOCTA focuses on functional streetwear and athletic apparel, featuring clothing items such as jackets, sweatpants, t-shirts, and accessories. The brand combines Drake’s style and aesthetic with Nike’s design and performance expertise.

Virginia Black: Drake is a co-owner and ambassador for Virginia Black, a brand of whiskey. Virginia Black is known for its smooth and rich taste and has gained recognition in the spirits industry.

Mod Sรฉlection Champagne: Drake is a partner and investor in Mod Sรฉlection Champagne. The brand offers high-quality champagne and has been associated with Drake’s celebrations and special occasions.

Toronto Raptors: While not a brand that Drake owns, he is an ambassador and fan of the Toronto Raptors, a professional basketball team in the NBA. Drake’s involvement with the team has helped raise its profile, and he has collaborated with the Raptors on limited-edition merchandise and events.

It’s worth noting that Drake’s brand collaborations and ventures may have expanded or evolved since my knowledge cutoff. For the most up-to-date information, it is recommended to refer to Drake’s official channels or social media accounts.

Drake Investment

Drake stands close to the wall and wears a grey coat
Drake stands close to the wall and wears a grey coat

Drake, whose real name is Aubrey Drake Graham, has shown interest in various investment opportunities throughout his career.

Tech Startups: Drake has shown an interest in the technology sector and has made investments in several tech startups. For example, he invested in the music discovery platform, “ScoreMore,” which helps users discover new music based on their preferences.

Esports: Drake is a co-owner of the esports organization “100 Thieves.” Esports has seen significant growth in recent years, and Drake’s investment in 100 Thieves reflects his interest in this emerging industry.

Real Estate: Drake has made investments in luxury real estate properties, as mentioned earlier. Real estate can be a stable and potentially lucrative investment, particularly in high-demand areas.

Nightclubs and Restaurants: Drake has invested in the hospitality industry, particularly in nightclubs and restaurants. For example, he has been involved in opening and operating the nightclub “Pick 6ix” in Toronto.

Clothing and Fashion: In addition to his own OVO brand, Drake has shown interest in the fashion industry. He has collaborated with various fashion brands and designers and has been seen wearing and promoting their products.

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Music Catalogs: Drake has built a successful music career and has likely invested in music catalogs, either by acquiring rights to his own music or by investing in the catalogs of other artists.

It’s important to note that the specific details of Drake’s investments are not publicly disclosed, and he may have additional investments beyond the ones mentioned above. For the most accurate and up-to-date information, it is advisable to refer to reputable financial publications or official announcements from Drake’s representatives.

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Conclusion

Drake, whose real name is Aubrey Drake Graham, has solidified his position as one of the most successful and influential figures in the music industry. From his early career as an actor on the television series “Degrassi: The Next Generation” to his meteoric rise as a chart-topping rapper and singer, Drake has amassed considerable wealth and achieved tremendous success.

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Drake Net Worth – FAQ’s

How did Drake accumulate his wealth?

Drake accumulated his wealth primarily through his successful music career. He has sold millions of albums and singles, earning substantial revenue from music sales, streaming royalties, and concert tours. Additionally, he has ventured into business opportunities, brand endorsements, and investments, further contributing to his wealth.

Has Drake won any major awards for his music?

Yes, Drake has won numerous awards throughout his career. He has received multiple Grammy Awards, Billboard Music Awards, American Music Awards, and more. His talent and artistic contributions have been widely recognized and celebrated in the music industry.

Does Drake own his record label?

Yes, Drake owns the record label OVO Sound (October’s Very Own). Founded in 2012, OVO Sound has become a prominent platform for Drake’s own music releases and has signed other notable artists.

What other business ventures has Drake been involved in?

In addition to his music career, Drake has ventured into various business ventures. He has endorsed and partnered with brands such as Nike, Apple, and Sprite. He has also invested in the alcohol industry, with ownership stakes in Virginia Black whiskey and the e-sports organization 100 Thieves.

How successful are Drake’s albums and singles?

Drake’s albums and singles have consistently achieved commercial success. Many of his albums have debuted at number one on the Billboard charts, and his singles regularly top the charts and receive significant airplay. He holds numerous records for his chart achievements.

Is Drake involved in philanthropy?

Drake has been involved in philanthropic endeavours. He has made significant donations to various causes and organizations. For instance, he has supported education initiatives, healthcare, and disaster relief efforts, and has personally contributed to individuals in need.

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