Do you know Drake’s net worth? And how does it compare to other rappers?

Drake has had a long and varied career spanning over 20 years and has amassed an impressive net worth.

Most millennials first encountered the rapper through the popular teen drama Degrassi: Next Generation, where he played Jimmy from 2001 to 2009. Although he is currently best known for hits like “Child’s Play,” “One Dance,” “Take Care,” “All Me,” and “Started From the Bottom,” among others, this was not always the case.

Check out what his current net worth is and how it compares to other rappers below.

What is the net worth of Drake?

Drake, 37, was said to have a net worth of about $49 million by Forbes in 2020, however it has since been widely stated that as of 2024, the amount is closer to $250 million.

In addition to his music career, which began with the release of his debut album Thank Me Later in 2010, he has amassed wealth from expensive brand endorsements. These include a $10 million contract with Nike in 2013 as well as agreements with Sprite, Apple Music (which has been reported to be worth $19 million), and Beats by Dre.

In addition, he co-founded Virginia Black Whiskey, a booze brand, in 2016 alongside Brent Hocking, the man behind the Deleón Tequila. The price of a 750ml bottle varies from $30 to $50, depending on the vendor.

Drake resides where?

The most notable is that Drake, who was born and raised in Toronto, has a massive 50,000-square-foot estate there.

The home, which was featured in Architectural Digest in 2020, was constructed out of limestone, bronze, and exotic woods, because as Drake explained: “Because I was building it in my hometown, I wanted the structure to stand firm for 100 years. I wanted it to have a monumental scale and feel.”

In addition to an NBA-sized basketball court, a two-story closet, a great room with over 40 feet of ceilings, a hallway lined with the jerseys of legendary basketball players, an entertainment area with a studio lounge, and more, it boasts a 3,200-square-foot master bedroom suite.

Which rappers are the wealthiest?

Along with Drake, some of the wealthiest rappers and hip-hop moguls are Jay-Z ($2.5 billion), Pharell Williams ($250 million), Dr. Dre ($500 million), Sean “Diddy” Combs ($1 billion), and Kanye West ($400 million).

According to reports, Kendrick Lamar and J. Cole, who seem to be in the center of a three-way battle with Drake, are worth $60 million and $85 million, respectively.