Aubrey Graham, popularly known as Drake is a Canadian rapper, singer, songwriter, record producer and actor. He started out his career as an actor on the TV series Degrassi: The Next Generation then moved on to a career as a rapper. Music is where Drake has made majority of his wealth. Apart from just selling music, most famous musicians have a wide range of money earning ventures just by the use of their work. However, the biggest bulk of the cash comes from touring. Within the tour, he makes extra income through getting a share of the tour merchandise sales which could easily amount to millions. His work was to promote Apple Music, album exclusivity and working with Beats 1. Other ways Drake earns money passively is through royalties. He earns mechanical royalties when people buy his albums and songs. His album Views was able to hit over 1 million sales within the first week. In he set the record of being the first artist to hit 1 billion streams in a week. Other royalties Drake is entitled to are performance royalties paid to him when his song is played live in a concert, public airing of a recorded version on radio play, television play etc and synchronization royalties sell the rights to a TV show, movie or any other visual media that need synchronized music.
1. Drake…Rapper…Legend?
On Apple Music, that figure was million. Those are the highest single-day streams ever reported by the two services. What does all of that mean in the one metric that matters most: dollars? Because Spotify and Apple Music pay royalties through a pro rata business model — meaning that their revenue is all put into a pool and then proportionally divvied up among rights holders depending on their share of streams — there is no definitive per-stream rate. These numbers are from the two biggest streaming services alone, completely omitting any money made from YouTube Music, Pandora, Tidal, Amazon Music or any of the other streaming services available around the globe. By cramming 25 songs into one albeit technically double-sided album, Drake has maximized the number of opportunities for a single album to rack up plays. See Also. Popular on Rolling Stone. Newswire Powered by. Close the menu. Rolling Stone. Arrow Created with Sketch.
2. Drinking Every Night
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Getty Drake is one of the top earners in the music industry. Drake is also listed as one of the 20 richest rappers by Wealthy Gorilla at No. Not only is Drake a successful musician, but he is also an entrepreneur. The rapper started his own record label, OVO Sound, which also has a popular clothing line. At 32, Drake has created a music empire and is one of the most successful hip-hop artists in the world while more than exceeding his original financial goal.
Here’s How Much Money Drake Made Every Year So Far
The channel has five million subscribers and almost two billion views. The video went live in and earned over million views in just the first five months. Drake belted out more than 25 songs during the show. Music is where Drake has made majority of his wealth. Those were concert years. Drake started getting into music while working on Degrassi. He seems like a great guy! He appears to have been right.
1. Drake Founded His Own Record Label Called OVO Sound
Most of the money Drake makes in a year comes from concerts. The rest comes from endorsements, music sales, YouTube and music sales. We also broke out how much Drake makes yearly from each source. On average, Drake makes over a million a year from album sales. Drake also makes about a million a year from singles and another million from YouTube ad revenue. Those were concert years. Drake later announced that the split was all just rumors created by the media. Drake makes a million a year on average from singles sales.
That song went triple platinum, meaning it sold more than three million copies in the U. Drake has said the song is about how fame could have changed him but he fought hard not to let it. He appears to have been right. That figure comes from averaging his yearly concert take since A lighted halo ramp at center stage held a DJ pit that Drake used to great effect.
Drake belted out more than 25 songs during the. Drake often picked a woman from the audience to bring on stage with. A big fan favorite was a ring stage that got lowered into the crowd during the. Drake used the stage to get closer to the fans, reportedly driving the audience wild. The channel has five million subscribers and almost two billion views. Those views all come with ad revenue.
The video went live in and earned over million views in just the first five months. Drake dances awkwardly in the video. His dancing generated several parodies and internet memes. Drake parodied his own song for a Super Bowl commercial for T-Mobile in Trending Now Week Month.
Here’s How Much Money Drake Makes in a Year
Source: Forbes. Source: Business of Fashion. Source: VoxBusiness of Fashion.
2. Drake Purchased a Private Jet Called the “Air Drake”
Source: Business Of Fashion. Read more: Photos show the rise, fall, and comeback of Nike’s iconic Air Jordan sneakers. Source: Business InsiderArchitectural Digest. Source: VarietyArchitectural DigestCurbed. Source: Business InsiderDrakr. Source: Saturday Night Vrake. Source: GQComplex. Source: Billboard. Source: Instagram. Source: City News Toronto. Source: Complex. Source: Bleacher Report. Source: Reuters. Source: Miami Herald.
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