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ENTITY provides information about drake net worthPhoto via Instagram/drakesmoans

He’s from “The Six.”  He’s our favorite emotional rapper, and he started from the bottom… but now he’s here.

Yes, I am talking about Aubrey Drake Graham. Or more commonly known as just Drake.

With his album “More Life” dropping this year, Drake has grossed a $90 million net worth in 2017 and that’s after taxes, according to Forbes. His net worth before taxes is $150 million.

But how did this Canadian rapper who started out on the show “Degrassi: The Next Generation” get to $90 million?

Here are five facts about how Drake attained his net worth.

1 His Summer Sixteen Tour grossed more than $1 million every night.

ENTITY shares information about drake net worth

His album “Views” was the first album to earn 1 billion plays on Apple music, which helped incite his Summer Sixteen Tour. With 56 stops on this tour, there was no shortage of cash flowing into his bank account.

2 Drake has a deal with Apple.

Drake signed a $19 million deal with Apple. Since then, he has sold 852,000 copies of his album “Views.” The deal agreed that “Views” would be exclusively released on Apple Music, forcing fans to pay for an Apple Music subscription to listen to the album.

“More Life” also moved 505,000 equivalent album units in its first week with a record breaking 89.9 million in 24 hours.

3 Drake is endorsed by Sprite.

Drake teamed up with Sprite for a campaign that aimed to give teens a platform to express their creativity through music and film. This was also Drake’s first worldwide campaign.

4 Drake has his own clothing line and music label called October’s Very Own (OVO).

Drake was able to convert the clothing line into a record label with co-founders Noah Shebib and Oliver El-Khatib.

In 2010, he held his first OVO festival in Toronto with artists such as Rick Ross, Eminem and Young Jeezy. Then, in 2012 he expanded OVO into a $10 million deal with Warner Bros.

He’s released three of his own projects such as “What A Time To Be Alive,” “If You’re Reading This It’s Too Late” and “Nothing was the Same.”

Other artists such as PartyNextDoor and Majid Jordan are signed to the label.

5 Drake has a brand deal with Nike.

ENTITY shares information about drake net worth

Apparently, the deal was for $10 million. He joined the Jordan brand in 2013 and has since designed and released three sneakers on the market.

Although his tours make him over $1 million a night, his brand deals keep the cash flowing coming in while he’s off the road.

Drake knows the first thing about needing to spend money to make money. His mansion in Los Angeles cost over $7 million. But that doesn’t even put a dent in his earnings.

In Forbes’ five wealthiest hip hop artists in 2017, Drake came in fifth while Diddy’s net worth of $820 million put him in first place and Jay Z’s net worth of $810 million nabbing a close second.

Edited by Kayla Caldwell
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