What Is Drake’s Net Worth In 2022? (Updated June 2022)

Dominating the music industry for a decade and more, Drake is one of the most well-known names, faces and voices in music. He is in the headlines once again after his new album, 'Honestly, Nevermind' was revealed.

Born Aubrey Drake Graham, Drake grew up in Toronto, Canada. His parents split when he was five and he spent the vast majority of his time with his mother. His father, however, likely helped Drake to develop into the talented musician he is today, being a drummer who worked alongside country musician Jerry Lee Lewis. Initially, Drake was determined to become an actor but quickly transitioned to the music industry and worked with artists like Lil Wayne and Lupe Fiasco in the 2000s before his career truly took off in the early 2010s.

Over the course of the next decade, Drake garnered accolades for almost every piece he released and his achievements speak for themselves. His breakout albums Thank Me Later (2010), Take Care (2011) and Nothing Was the Same (2013) were all critical successes and placed him firmly in the vanguard controlling hip-hop. Since then he has gone from strength to strength, holding a record of 34 Billboard Music Awards, 4 Grammy Awards, 2 Brit Awards, and 6 American Music Awards. With over 170 million records sold, he is one of the best-selling artists of all time and he continues to release critically acclaimed albums such as his most recent, “Certified Lover Boy”.

Considering the massive successes Drake has cultivated throughout his career, fans are wondering how much he could be worth in 2022.

What Is Drake’s Net Worth?

Drake is worth an incredible $250 million (£199 million), according to Celebrity Net Worth.

It goes without saying that the vast majority of this capital comes from his work in the music industry. His contract with Universal Music Group alone is estimated to be worth $200 million (£159 million) as reported by Celebrity Net Worth. Between 2010 and 2020, The Success Bug claims, Drake earnt nearly $433 million (£346 million) though he holds most of it in real estate. With over 57 million monthly listeners on Spotify, the 8th highest globally, and over 8.6 billion streams in 2021 alone, according to Hypebeast, it is no surprise that Drake is worth ¼ of a billion dollars. Drake's wealth is likely to significantly increase following the release of his new album, 'Honestly Nevermind.'

It is not exclusively his music that has facilitated Drake’s enormous net worth; his business ventures and lucrative brand deals have bolstered his musical endeavors. Nike, Sprite, Burger King, and Apple have all collaborated with the artist and he is also a global ambassador for the Toronto Raptors, allegedly holding a “Drake Night” with the team annually, as reported by The Success Bug. In 2016, he established his own brand of whiskey, ‘Virginia Black’, which sold 4,000 bottles in its first week.

As aforementioned, Drake’s assets and net worth are largely tied up in property. His 35,000-square-foot mansion in Toronto cost him $6.7 million (£5.4 million) upfront and he has then gone on to extensively renovate it - putting in a full basketball court, according to Velvet Ropes! He also owns an $8 million (£6.4 million) mansion in Los Angeles.