Drake Net worth in 2017

Drake net worth in 2017 is impressive.  Drake is a Canadian-born  rapper and he was born Aubrey Drake Graham on October 24, 1986 in Toronto, Canada. He was raised by a single parent. Drake’s mom Sandi graham raised him following her divorce with Dennis Graham, Drake’s dad.

drake net worth

Prior to becoming the legend of today, Drake appeared on the Canadian teen-drama Degrassi: The Next Generation. Drake  music career began in 2006.  In 2008, He was discovered by Lil Wayne  founder of the Young Money records and the rest is history.

Drake to date has worked with all major artists in the music industry including Kanye West, Eminem, Jay-Z , Rick Ross, Dj Khaled, just to name a few.

In 2016, Drake net worth was $60 million according to Forbes magazine. How much is Drake net worth in 2017?

How is Drake Net worth calculate?

In a Forbes article, Net worth is calculated as the result of subtracting your liabilities (student debt, credit card debt, a mortgage, etc) from your assets (cash, investments, a house). In other words, net worth shows an overview of your financial health.
A negative number indicates that you have more liabilities than Assets. A positive number indicates that your financial health is on the right track.
Drake Net worth
Drake net worth is calculated by adding up all his assets/earning (houses, tours income, endorsements, etc) and subtracting  all his liabilities/spending. The result is impressive. A whopping $90 millions in 2017.

How Drake’s net worth was built?

Aubrey Drake Graham has several sources of incomes.  His wealth was built predominately  from  his multiplatinum recordings, high-grossing tours and major endorsements.

Drake joined the ranks of the world’s richest rappers. He’s now  ranked 5th according to Forbes among well-known rappers like Diddy and Jay Z. Forbes  estimates currently Drake net worth to be $90 million in 2017. This is $30 millions more than in 2016.

Drake Net worth 2017

In 2016, Drake’s album Views became the first album to have more than 1 billion spins on Apple Music. The Views album success sparked  a world tour and the tour grossed on average $1 million per night.

Aside from recording and touring, Drake is also busy with  several endorsement deals. He has so far major endorsements deals with  the Toronto Raptors, Nike, Sprite and Apple Music.

He added to his portfolio a clothing line, music label with October’s Very Own (OVO), and he is the co-creator of Virginia Black Whiskey. Drake owns several houses. Aubrey has houses in Canada and US.  His US home is known to have the biggest swimming pool.

Drake shoes

Drake is also a host of  several awards ceremonies such as NBA awards and he is one of the  most-played artist on Spotify. He won several accolades including has Juno Awards,  Grammy awards, etc.

What is Next for Drake?

At the age of 30, Drake still have a bright future in front of him. He is expected to drop another album soon and surely a headphone collaboration with Apple. A this pace, Drake would be ranked No1 within the next 5 years competing with mogul such as P Diddy and Jay Z.

Related:

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Who is Dj Khaled?

 

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  • Robin Nuttens

    It is true that hard work pay off.