Drake Tied With Michael Jackson For Billboard Singles—Here's Drake's Net Worth

Drake currently has the number one song on Billboard’s Hot 100 list, tying with Michael Jackson for the male solo artist with the most singles that have topped the list.

"First Person Shooter "is the Canadian rapper and singer's 13th single that has taken the top spot on the list. The song is from Drake’s new album, For All The Dogs, which has topped the Billboard 200 albums chart since its debut on Oct. 6.

While Drake has made millions from successful albums and concert tours, he has also amassed his fortune from business ventures such as his own record label, and liquor brand, and scored lucrative endorsement deals with major brands like Nike.

Drake has a net worth of $250 million according to Celebrity Net Worth. Here's how Drake made his millions.

Music Career

Drake made millions from his successful career as a rapper.

Drake brings in an estimated $50 million annually from music, according to an estimate by Variety. Drake's 2016 album Views spent 100 consecutive weeks as the number one album on the Billboard 200 albums chart. According to Spotify's 2022 Wrapped list, Drake was the most-streamed artist in the U.S. (beating Taylor Swift), and third most-streamed globally.

In 2021, Drake became the first artist to get more than 50 billion total streams on the streaming platform. That same year, Drake signed with Universal Music Group. The rapper himself has alluded to the deal being worth close to $400 million in his song "Lemon Pepper Freestyle."

Drake makes millions from his concerts, too.

In July 2023, Drake earned $5 million across two nights he performed at Washington D.C.'s Capital One Arena, according to Touring Data—his highest-grossing concert ever, and the first rapper to earn more than $5 million in a single arena concert. Drake made about $84 million from his 2016 Summer Sixteen tour, averaging about $1.5 million for each stop of the tour, according to Celebrity Net Worth.

Acting

Before Drake launched his career as a rapper, he was known to the world as Jimmy Brooks, in the early 2000s Canadian teen drama, Degrassi: The Next Generation.

Drake was 14 when he landed the role on Degrassi and was known by his birth name, Aubrey Graham, at the time. Drake acted in seven seasons of the show, and made $40,000 a year from the show, according to a 2013 article by GQ.

Brands and Businesses

Drake also has a string of several successful businesses and endorsement deals.

The rapper has his own record label, OVO Sound, which represents artists such as PARTYNEXTDOOR and Majid Jordan, among others. Drake also has his own streetwear line, OVO, which brought in $50 million in revenue at the end of 2018, according to Variety.

Drake has had a partnership with Nike for more than a decade and has launched multiple Air Jordan collaborations with the brand. A Toronto native, Drake has been the global ambassador for the NBA's Toronto Raptors since 2013. Drake also has his own brand of whiskey, Virginia Black.

The superstar rapper owns a private jet, and multi-million dollar properties in Toronto. He also has bought and sold multi-million dollar homes in Los Angeles.