Drake's Net Worth (Updated September 2022) | Wealthy Gorilla

Net Worth:	$250 Million
Age:	39
Born:	October 24, 1986
Gender:	Male
Height:	1.83 m (6 ft 0 in)
Country of Origin:	Canada
Source of Wealth:	Rapper/Actor
Last Updated:	Feb 5, 2026

Table of Contents

Toggle

• Introduction
• Net Worth History
• Earnings History
• Universal Records Deal
• Expenditure
• Real Estate

Introduction

Drake is a Canadian professional rapper, singer, songwriter, and actor with an estimated net worth of $250 Million.

Since breaking onto the scene with his debut studio album, Thank Me Later, in 2010, Drake has released a total of eight studio albums, quickly reaching almost 300 million record sales in the United States. He’s earned hundreds of millions of dollars through his music sales, tour revenues, and most notably, his $400 million deal with Universal Records, which he signed in 2022.

This profile breaks down our research into Drake’s net worth history, his annual earnings, income sources, assets, and any other events that have significantly affected his wealth during his career.

Quick Facts

• Sold 291.5 million records in the United States
• Grossed $380 million in revenue from tours/concerts
• Earns between $30 million and $50 million per year
• Highest yearly earnings reached $95 million in 2017

Net Worth History

Year	Net Worth
2012	$25 Million
2013	$30 Million
2014	$45 Million
2015	$55 Million
2016	$85 Million
2017	$90 Million
2018	$100 Million
2019	$150 Million
2020	$180 Million
2021	$210 Million
2022	$230 Million
2023	$250 Million
2024	$250 Million

Drake’s net worth began climbing rapidly after he released his first studio album in 2010. In 2012, a year after publishing his second album, ‘Take Care’, Drake was worth an estimated $25 million. After cementing his position in the industry, Drake went on an absolute tear, holding several tours and releasing album after album.

By 2015, his net worth had more than doubled from $25 million to $55 million. In 2016, his increased sponsorship work with various brands would only fuel the fire. Drake earned a whopping $100 million in a single year in 2017, giving him a 9-digit net worth. By 2021, Drake had crossed the $200 million net worth mark.

Earnings History

Year	Earnings
2010	$10,000,000
2011	$11,000,000
2012	$20,500,000
2013	$10,500,000
2014	$33,000,000
2015	$39,500,000
2016	$38,500,000
2017	$94,000,000
2018	$47,000,000
2019	$75,000,000
2020	$49,000,000
Total	$428,000,000

Universal Records Deal

In May 2022, Drake signed a mega-deal with Universal Music Group, reportedly estimated to be worth around $400 million. This “expansive, multi-faceted” agreement covers his recordings, publishing, merchandise, and visual media project rights.

News of the deal, confirmed by UMG chairman Sir Lucian Grainge on May 3, 2022, marked the latest in a series of deals focused on “expanded portfolios” that provide the label with stakes in multiple revenue streams tied to an artist.

The arrangement, representing one of the most significant agreements in music history, demonstrates Drake’s enormous success and influence in the business, with his songs bringing in approximately $50 million a year. Hints of the deal surfaced earlier in 2021 when Drake referenced a massive advance of $360 million in his song “Lemon Pepper Freestyle.”

Previously signed to Young Money/Cash Money Records, Drake’s new contract with UMG significantly enhances his control and earnings potential across multiple media platforms.

Expenditure

Drake has a vast collection of unique cars. He likes to purchase extreme and rare cars, and he gets all of his vehicles imported and customized. He has a Boeing 767 jet plane, which he customized with his own logo, “Air Drake.” The plane is valued at $185 million.

Drake has a considerable interest in jewelry, another luxury expense for him. His fashion brand’s logo, an owl, has been featured in many pieces of jewelry. Drake has multiple custom-made necklaces that are each worth up to $100,000.

Real Estate

YOLO Estate

In 2012, Drake purchased a 12,500-square-foot mansion in Hidden Hills, California, for $7.7 million. In an interview with Rolling Stone, he mentioned that the home, dubbed the “YOLO Estate”, was his computer screensaver years before he bought it. The estate comprises six bedrooms, eleven bathrooms, a full-size basketball court, a theater room, and an outdoor pool with cave and waterfall features.

He also purchased two adjacent properties. In 2015, he paid $2.85 million for the 4,445-square-foot ranch house next door. In 2018, he bought the adjacent 2,500-square-foot home for $4.5 million. The two properties added 3.6 acres to the “YOLO Estate”, which totaled 6.7 acres.

After owning the original estate for ten years, the rapper listed it on the market for $14.8 million in 2022. The option was also available to purchase the compound for $22.2 million, comprising the three homes, 13 bedrooms, 19,445 square feet of living space, and 6.7 acres of land. Drake paid a total price of $15.05 million for the compound.

The properties were all sold separately, and a deal was closed for all three within the same year. The original “YOLO Estate” sold for $12 million, the middle house sold to NFL star Matthew Stafford for $5 million, and the smaller house sold for $6 million. All three sales totaled $23 million, which, after considering property taxes and agent fees, likely netted Drake around $5 million in profit.

Beverly Hills Mega Mansion

In 2022, Drake purchased a 24,757-square-foot mega mansion in Beverly Hills, California, from singer Robbie Williams for $75 million. The home has every amenity you could desire, including a luxury home gym, an enormous wine cellar, a games room, and a full-size tennis court. A year later, he returned the property to the market, asking for $88 million. At the time of writing, it’s currently still for sale. If Drake manages to close a sale at $88 million, he should net around $8 million in profit.

The Inn at Dos Brisas

The rapper’s most recent property investment was in 2023, when he spent a reported $15 million on a famous Ranch named The Inn at Dos Brisas in Washington, Texas. The property was once one of the most highly rated hotels in the area. The property was initially listed for sale with an asking price of $17.5 million, which was eventually reduced to $15 million.