- On June 29, 2018, Spotify confirmed Drake’s latest album, “Scorpion,” was streaming at an average rate of 10 million times an hour.
- Drake has deals with Apple Music, Nike and Sprite.
- Drake also invests in real estate and Virginia Black Whiskey.
With the recent release of hip-hop album “Scorpion,” Aubrey Drake Graham, popularly known as Drake, has met incredible success with his chart-topping songs like “God’s Plan,” “Nonstop” and “Nice For What.” Now, as the first artist ever to reach over 1 billion streams in a week, Drake’s net worth and career trajectory have soared with his multitude of projects, including the “Aubrey & The Three Amigos” tour with Atlanta rap group Migos, OVO Sound record label, and forthcoming “Scorpion” tour customizable merchandise.
Drake’s Net Worth: $100 Million
Fast facts about Drake:
- Net worth: $100 Million
- Age: 31
- Birthday: Oct. 24, 1986
- Primary source of wealth: Music
- Career start: Actor on Canadian TV show “Degrassi”
- Investments: Equity stakes in Virginia Black Whiskey and estates in Toronto, Canada, and Hidden Hills, Calif.
‘Scorpion’ Release and Tour With Migos
The “Hotline Bling” singer first teased the release of this 25-track album on Instagram and, after a few initial single releases, it was made available everywhere on June 28, 2018. On June 29, Spotify confirmed “Scorpion” was streaming at an average rate of 10 million times an hour, and main competitor Apple Music stated it was the No. 1 streamed album in 92 countries. The same day, the Recording Industry Association of America announced that Drake was officially the leading digital singles artist, with 142 million sales units.
Although Drake has already been headlining on the “Aubrey & The Three Amigos” tour, tickets are available until as late as November 17, 2018, including a full week of dates in New York. Prices range from as low as $46.50 to as high as $695 for VIP packages, depending on your location and tour date.
Drake also previewed tour merchandise on Instagram, featuring a photo of personalized tour jackets with a mention of the official Drake merchandise site.
“Scorpion” follows the best-selling 2016 album “Views” and 2017’s “More Life,” which also broke records by garnering 385 million streams in its first week of release.
Drake’s Business Ventures and Endorsements
Branching out from his best-selling music, Drake founded Toronto-based collective October’s Very Own. The OVO name includes OVO Sound Radio episodes, the popular OVO clothing brand, live entertainment known as the OVO Fest, and his own record label OVO Sound, which signed popular hip-hop artists such as PartyNextDoor and Roy Woods.
Drizzy (Drake) is also involved in corporate endorsements. The Canadian rapper supplements his wealth with roles as a global ambassador for the Toronto Raptors and as a figurehead for Apple Music, a deal worth $19 million, according to Forbes. Drake also has deals with Nike and Sprite.
Early Career and Growing Success
While working on “Degrassi,” Drake began to explore a career as a musician and soon caught the eye of rapper Lil Wayne just in time for his 2008 tour. After going on tour with the popular hip-hop act, Drake was then signed to Wayne’s label, Young Money Entertainment. Drake’s releases include these commercially successful works:
- So Far So Gone (2009)
- Thank Me Later (2010)
- Take Care (2011)
- Nothing Was The Same (2013)
- If You’re Reading This It’s Too Late (2015)
- Views from the 6 (2016)
Drake has received 35 Grammy nominations, three Grammy wins and widespread recognition in the music industry.
More on Net Worth