With more than 5 million album sales, 12 number one singles, and several major awards, including a Grammy for “Best Rap Album of 2013,” Drake’s musical success has allowed him to amass great wealth at a young age. Drake has a current estimated net worth $ 30 million. Drake has made most of his income from album sales and touring. His “Club Paradise Tour” was the most successful hip-hop tour of 2012, grossing $ 42 million last year for a total of $ 500,000 per night.
Although Drake used to be known for his acting role as Jimmy Brooks on the hit Canadian television show “Degrassi: The Next Generation,” he caught the attention of top hip-hop artists like Lil ‘Wayne, Kanye West, and Jay-Z. (whom Drake said are his biggest influences). Drake achieved success before signing a contract with a major label, however, when he released the track “Best I Ever Had” (produced by Kanye West) that entered the top ten position at number 3, along with the Young Money’s track “Every Girl” featuring Drake at No. 10, simultaneously. Drake then signed with Lil ‘Wayne’s music label “Young Money” for $ 1 million, plus another $ 1 million in cash as a signing bonus. This followed what Billboard calls “one of the biggest bidding wars in history.”
While signed to Young Money Records, Drake released two studio albums titled Thank me later (2010) and Beware (2011). Thank me later It was Drake’s first studio album to be certified Platinum, debuting at number one on the Billboard 200. The album featured the hit singles “Over” and “Find Your Love.” Beware It was Drake’s second studio album, and the most successful album to date, which also debuted at number one on the Billboard 200. The album sold more than 630,000 albums in its first week (although it was already leaked In Internet). Beware topped the charts and produced several hit singles such as “Headlines,” “Take Care,” “Make Me Proud,” “Crew Love,” and “The Motto,” which is also credited with popularizing the acronym YOLO (You Only Live Onza ).
Drake is currently working on his third studio album titled Nothing was the same to be released in the summer of 2013. Drake claims that the album will have a different style than Beware. Drake has released two hit singles by Nothing was the same titled “Started Low” and “5AM in Toronto,” which hint at a more aggressive Drake.
Today, Drake mentors Lil ‘Wayne (who used to be his favorite rapper), has more number one hits than Jay-Z (who used to be one of his biggest influences), and is friends (and competition) with Kanye West. (who used to be his idol when Drake was younger, saying “it was’ Ye who I related to the most”). And the best part? He has musical collaborations with all of them! Pretty awesome for a kid who It started from the bottom coming from Toronto. And at the young age of 26, Drake is one of the best Hip-Hop MCs today. Hip-Hop Net Worth.com predicts that Drake’s net worth will increase substantially in the coming years as the rapper expands his music label ‘OVO’ (Octobers Very Own).