What Is Drake’s Networth?

As estimated by gobankingrates.com, net worth of this 31-years-old singer is about $100 million. It’s not hard to guess that the figure has risen significantly up to this point after the release of “Scorpio” in 2018. The album beat a range of records almost immediately after the release. Spotify reported that on June 29, the album was streaming about 10 million times per hour.

Several songs from the most recent album became tops of the charts at once. “God’s Plan”, “Nice For What”, and “Nonstop” have became smashing hits within the shortest time. Drake has become the very first artist to be streamed more than 1 billion times within a single week. Is it surprising that after such a breakout Drake’s career soared?

Apart from the album, Drake is engaged in many other projects that bring him extra money. Drake has a Toronto-based collection famous under the name October’s Very Own. This brand name includes radio episodes, a line of clothes, a record label that works with other famous and popular hip-hop artist. In addition to this, Drake is a part of corporate endorsements. He’s a global ambassador for Apple Music and Toronto Raptors. This deal alone is worth about $19 million. Besides that, Drake has successful and profitable deals with Sprite and Nike.

The constant growth of his net worth is based on the never-ceasing popularity and successful new releases. Right now, box offices are selling tickets for Drake’s tour that’s known as “Aubrey & The Three Amigos” tour. The tickets are available until November 17, 2018. Tickets are rather expensive, especially the ones for VIP guests of the concerts. However, the tickets are not the only source of income during the tour. There’s plenty of additional stuff sold to fans and visitors. For instance, these are custom-made tour jackets, on which customers can add their names and wear them as a souvenir of the tour. Of course, all this makes an insane inflow of cash into the artists’ pockets.

With the incredible streaming rates the artist is making after the release of his “Scorpion”, he has already been titled the leading digital singles artist. Of course, this fame will also reflect on his further incomes and the ability to make extra cash on goods indirectly connected with his music. Well, with all this in mind, we are expecting news that in the nearest future Drake would have doubled his current net worth.