What Is Aubrey Drake Graham’s Net Worth?
As of March 20, 2025, Aubrey Drake Graham, most famously known as Drake, boasts a net worth of $250 million. This substantial wealth is the result of a multifaceted career encompassing music, acting, endorsements, and strategic business ventures. Drake’s journey from a Canadian teen actor to a global music icon is a testament to his talent and business acumen.
Early Life and Career Beginnings
Aubrey Drake Graham was born on October 24, 1986, in Toronto, Canada. His parents, Dennis Graham, a drummer who played with Jerry Lee Lewis, and Sandra Graham, an English teacher and florist, divorced when Drake was five. Drake attended a Jewish day school and had a formal Bar Mitzvah. From sixth grade, Drake and his mother resided in the bottom half of a two-story townhome in Forest Hill, an affluent Toronto suburb. He attended Forest Hill Collegiate Institute and later Vaughan Road Academy, ultimately graduating in 2012.
At the age of 15, Drake secured a role on the Canadian teen drama “Degrassi: The Next Generation,” playing Jimmy Brooks. His earnings from “Degrassi” were approximately $50,000 per year, or roughly $2,000 per month after taxes. This income was crucial for supporting himself and his mother during her illness.
Music Career and Record Deals
Inspired by artists like Jay-Z, Drake began his music career by releasing mixtapes. In February 2006, he released his first mixtape, “Room for Improvement,” selling over 6,000 copies directly through his website and MySpace page. His second mixtape, “Comeback Season,” was released in 2007 through his label, October’s Very Own (OVO Records). The mixtape featured “Replacement Girl,” which became the first video from an unsigned Canadian rapper to be featured on BET.
In 2009, Drake released his third mixtape, “So Far Gone,” as a free download on his OVO website. It garnered 2,000 downloads within the first hour. The mixtape was eventually certified Gold by the RIAA and peaked at #2 on the Billboard Hot 100. This success led to a bidding war among record labels, culminating in Drake signing with Lil Wayne’s Young Money Entertainment on June 29, 2009. The deal was a joint venture between Young Money and Cash Money, with distribution handled by Universal Music.
Drake’s debut studio album, “Thank Me Later,” was released on June 15, 2010, and hit #1 in both Canada and the US, topping the Billboard 100, R&B/Hip Hop, and US Rap charts. It was later certified Platinum by the RIAA. His second album, “Take Care,” released in 2011, also reached #1 in multiple countries and went six-times Platinum. Drake has sold more than 163 million digital singles, surpassing all other artists. In terms of album sales, he is estimated to have sold 26 million albums, making him the third best-selling Canadian musician behind Shania Twain (48 million) and Celine Dion (50 million).
In May 2022, Universal Music Group confirmed it had re-signed Drake to a “long-term worldwide partnership” encompassing “recorded music to music publishing, film, television, and brands.” While the exact financial details remain undisclosed, Drake alluded to a deal potentially worth $360 million upfront, with some sources estimating the value at $400 million or more. Before signing this deal, Drake’s music catalog generated approximately $50 million in revenue annually for Universal.
Earnings and Financial Milestones
Drake’s annual earnings demonstrate his sustained success in the music industry. His earnings, by year, are as follows:
2010: $10 million
2011: $11 million
2012: $21 million
2013: $11 million
2014: $33 million
2015: $40 million
2016: $40 million
2017: $95 million
2018: $47 million
2019: $75 million
2020: $50 million
2021: $40 million
2022: $30 million
Total: $503 million
Real Estate Portfolio
Drake’s real estate holdings contribute significantly to his net worth. In 2012, he purchased the “YOLO Estate” in Hidden Hills, California, for $7.7 million in cash. This property includes a 12,000-square-foot main house and a 2,000-square-foot party house, complete with equestrian stables, a 25-person movie theater, a basketball court, a volleyball court, and a lagoon-like pool featuring waterfalls, a swim-up bar, and an 80-foot water slide. In 2015 and 2018, he expanded the estate by purchasing neighboring properties for $2.8 million and $4.5 million, respectively, bringing the total acquisition cost for the 6.7-acre compound to $15 million.
In March 2022, Drake listed the YOLO Estate for $22.7 million, offering the primary mansion separately for $14.8 million. NFL star Matthew Stafford acquired two of the three estates for $11 million in April 2022, while the third parcel was sold for $12 million in July 2022.
In 2016, Drake acquired a plot of land in The Bridle Path, a suburban area in Toronto, for $6.7 million. He constructed a 50,000-square-foot mansion on the two-acre property, featuring a 10-car garage, an NBA regulation-size basketball court, a gym, and an awards room. The master bedroom alone spans 3,200 square feet.
On March 8, 2022, Drake purchased British singer Robbie Williams’ 20-acre Beverly Hills mansion in an off-market deal for $75 million. He acquired the home through a corporate entity called 11Kip, LLC, with a $52.5 million mortgage from Bank of America, indicating a $22.5 million cash down payment. In May 2023, Drake listed the Beverly Hills property for $88 million and again in May 2024 at the same price. In January 2025, he offered it as a rental for $250,000 per month.
In October 2023, Drake acquired a 313-acre property in Texas, formerly known as The Inn at Dos Brisas, for $15 million. The estate, now named Dos Brisas Ranch, was a private compound converted into a resort in 2004 before closing due to COVID in 2022.
Air Drake Private Jet
In May 2019, Drake unveiled his Boeing 767 private jet, dubbed “Air Drake,” in an Instagram video. He emphasized that he owns the jet outright, with “no rental, no timeshare, no co-owners.” A comparable private jet model would typically cost between $75 million and $100 million.
Business Ventures and Endorsements
Drake has several business ventures, including OVO Sound, his record label formed in 2012 and distributed by Warner Bros. Records. OVO Sound represents artists such as PartyNextDoor, Majid Jordan, and Kash Doll, as well as producers like Boi-1da and Future the Prince.
Drake is the “global ambassador” for the Toronto Raptors and hosts an annual Drake Night with the team. In 2016, he launched Virginia Black, a bourbon-based whiskey, which sold 4,000 bottles in its first week and shipped an additional 30,000 units later that year.
Over the years, Drake has endorsed brands such as Sprite, Burger King, Whataburger, Nike, and Apple. Upon the launch of Apple Music, Drake signed a $19 million exclusivity deal, granting Apple exclusive rights to his future solo releases.
Touring Success
Drake’s first headline tour was the “Away From Home Tour” in 2010. He embarked on five additional headlining tours through 2019 and co-headlined four tours, including the 2018 tour with Migos. His 2016 “Summer Sixteen Tour” grossed $84.3 million across 54 shows, averaging $1.56 million per concert. The 2018 co-headlining tour with Migos broke that record, earning $80 million over 43 dates, averaging $1.86 million per concert.
Drake hosts the annual “OVO Fest” in Toronto, which consistently sells out. Additionally, he holds a residency at the XS Nightclub in Las Vegas, where he can earn approximately $500,000 per appearance. For more formal concerts, his earnings can exceed $2 million.
Drake’s Net Worth Milestones
Drake’s financial growth has been significant over the years.
November 2009: $1 million (initial estimate upon joining Celebrity Net Worth)
2012: $25 million
2014: $45 million
Late 2016: $80 million
Early 2018: Exceeded $100 million
May 2019: Broke $150 million