Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (2024)

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The day before, Drake revealed that Louis Vuitton designer Virgil Abloh had revamped his $185 million custom private plane. He captioned the post "Social Distancing c/o Abloh Engineering," which some critics said was insensitive during a pandemic. Drake —a music artist who goes by his middle name —was named the No. 5 richest rapper of 2019 by Forbes. The rapper's net worth is estimated to be $150 million. At 32 years old, Drake is the youngest on the list. From 2018 to 2019, Drake's net worth grew by 50%, according to Forbes. And that's thanks to way more than just his music. Drake told Forbes that he is always trying to get "better at things that make money." While that "objective" of his does include reportedly making around $2 million per night on tour ... ... it also includes his various business projects like the OVO family of brands he started. OVO stands for October's Very Own —Drake was born in October so the brand name is a nod to himself. The company started as an online community where the budding rap star released his first studio album, "Thank Me Later." OVO co-founder Oliver El-Khatib likened the MySpace page where the brand started to today's Instagram in terms of the platform's ability to facilitate a connection between an artist and their fans. Before he reached hip hop superstardom, Drake was an actor. He was a regular on the teen-focused soap opera, "Degrassi: The Next Generation." So Drake, the actor, turned to a MySpace page to transition to Drake, the musician. The page turned into a blog, which became a spot for Drake, El-Khatib, and their team to post inspiration and also their original work, El-Khatib said. When the first album came out in 2010, it went right to the top of the US Billboard 200 list. Drake went on to make several more albums,some of which reached No. 1 on charts and won various awards. He also won a Grammy Award for the best rap album in 2013. In 2011, the brand started to release clothing. El-Khatib said it was because the group needed some tour-specific clothing for employees at venues to easily recognize the team. Since then, fashion has been the company's biggest source of revenue and is projected to do $50 million in sales in 2019. The brand has also participated in collaborations with other fashion icons. In December 2013, Drake announced a collaboration line with Nike's Jordan Brand. But clothing isn't the company's only source of revenue. There is also OVO Sound and OVO Sound Radio — a record label and radio program respectively. The actor-turned-musician also has quite an extensive real estate portfolio. His most recent Los Angeles acquisition was a $4.5 million ranch in Hidden Hills — a neighborhood also known for being the home of celebs like the Kardashians. He dubbed the first of his three Hidden Hills homes the Yolo Estate. Drake paid $7.7 million for the estate in 2012. The third home —a 1950s-style ranch —bumped up Drake's Hidden Hills acreage to a cool 6.7 acres. That's roughly the size of five football fields. Before all the acting, businesses, and subsequent sources of income, Graham was busy growing up in Toronto, Canada. He was raised predominantly by his single mother in a Jewish household. Through his own song lyrics and different interviews with magazines like GQ, the rapper has touched on having a complicated relationship with his father, but in recent years the rapper has said, "We're cool" now. Like many religiously observant Jewish people, Drake had a Bar Mitzvah when he was around 13 years old. Billboard reported that he even hosted a "re-Bar Mitzvah" for his 31st birthday. One of the ways Drake stays connected to his Toronto roots is through his ambassadorship-turned-partnership with the city's NBA team, the Raptors. In 2013, the rapper who grew up a "die-hard fan" of the team was named Raptors' global ambassador. He said as ambassador, he wants "to bring the excitement into this building, I want a team that people are dying to come see, I want the tickets to be extremely hard to get, I want to bring that aggression, I want to bring that energy." He's even hinted at wanting to buy the team one day. With Drake's help, the team launched a publicity campaign in 2014. Team representatives have said "We the North" is an attitude and mindset that they hoped fans all over the world would get behind ... ... and they have. In 2017, the partnership between the star and the team grew its philanthropy reach. Drake and the Raptors donated a total of $3 million to Toronto and to Canada Basketball. The money was to be used to build courts around the city and facilitate the overall growth of the sport in the community. In March 2019, the Raptors' practice facility was renamed the OVO Athletic Centre. Even though Drake is often seen courtside cheering on the Raptors ... ... he's also proven to be a Golden State Warriors fan at times. In fact, he bet French Montana $60,000 that the Warriors would beat the Cleveland Cavaliers in the 2016 NBA Finals —the Warriors lost and Drake was out a cool $60K. Another NBA team that has had the rapper's heart at one point is the Miami Heat. He's been accused of being a "bandwagon fan" —someone who supports whatever team is supposed to be the best that season. He was spotted on the Heat's sidelines cheering for pals Dwyane Wade, Chris Bosh, and LeBron James. But the rapper has also proven to show some philanthropic love for the Florida city. In 2018, he donated $50,000 to help pay for a new homeless shelter after visiting Miami’s Lotus House —the city’s only homeless shelter for women and children at the time. He also gave Target gift cards to mothers and toys to children. The rapper used his "God's Plan" music video budget of almost $1 million to make different donations around the city. The video opens with a statement that reads: "... Don't tell the label ..." He filmed the video in various locations around Miami and made subsequent donations. He gave Destiny James, a student at the University of Miami, a check for $50,000 ... ... he walked into a grocery store and told shoppers he'd pay for everything they bought that day ... ... he walked up to families and handed them stacks of cash ... ... he donated $25,000 to Miami Senior High School ... ... he danced with kids at the Overtown Youth Center ... ... and donated $20,000 to the Miami Fire Department. Other lucky people around the city were given cars and shopping sprees at Saks Fifth Avenue. While it's clear the rapper has spent a significant amount of money on strangers, he has also reportedly been supporting Sophie Brussaux —a former adult-film star and the mother of Adonis, Drake's son. October's Very Own defended himself in the conversation around blackface, but he did confirm Pusha T's allegations that he had a son. The confirmation came in 2018 when Drake said he was "hiding the world from my son," not the other way around. Drake is constantly working on new ventures — like investing in tech company Omni —and making music. There's no telling what's next in Drake's plan. References

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Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (1)

  • Rapper Aubrey "Drake" Graham gave fans a glimpse into his personal life during the coronavirus pandemic by sharing photos of his toddler son and showing off his newly redesigned custom private plane.
  • Drake has an estimated net worth of $150 million and was ranked No. 5 on Forbes' list of the richest rappers in 2019 — he's also the youngest on the list by 10 years.
  • The "God's Plan" artist has won Grammy awards for his music, but his business ventures span way beyond the recording studio.
  • He co-runs October's Very Own — an umbrella company for his clothing line, record label, and radio station — is an ambassador for the NBA's Toronto Raptors, and has quite the real estate portfolio.
  • He's currently No. 3 on Forbes highest-paid acts in Hip Hop — raking in $75 million in 2019.
  • From his start as an actor on "Degrassi: The Next Generation" to his current status as a hip hop icon, here's how Drake made his millions and what he's been spending it all on since.

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The day before, Drake revealed that Louis Vuitton designer Virgil Abloh had revamped his $185 million custom private plane. He captioned the post "Social Distancing c/o Abloh Engineering," which some critics said was insensitive during a pandemic.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (2)

Tom Szczerbowski/NBAE/Getty Images

A post shared by champagnepapi (@champagnepapi)

Source: Business Insider

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Drake —a music artist who goes by his middle name —was named the No. 5 richest rapper of 2019 by Forbes.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (3)

Source: Forbes

The rapper's net worth is estimated to be $150 million.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (4)

Source: Forbes

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At 32 years old, Drake is the youngest on the list.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (5)

Source: Forbes

From 2018 to 2019, Drake's net worth grew by 50%, according to Forbes. And that's thanks to way more than just his music.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (6)

Source: Forbes

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Drake told Forbes that he is always trying to get "better at things that make money."

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (7)

Steve Russell/Contributor/Getty Images

Source: Forbes

While that "objective" of his does include reportedly making around $2 million per night on tour ...

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (8)

Reuters

Source: Forbes

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... it also includes his various business projects like the OVO family of brands he started.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (9)

Source: Business of Fashion

OVO stands for October's Very Own —Drake was born in October so the brand name is a nod to himself. The company started as an online community where the budding rap star released his first studio album, "Thank Me Later."

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (10)

October's Very Own/Instagram

Source: Business of Fashion

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OVO co-founder Oliver El-Khatib likened the MySpace page where the brand started to today's Instagram in terms of the platform's ability to facilitate a connection between an artist and their fans.

Oliver El-Khatib/Instagram

Source: Business of Fashion

Before he reached hip hop superstardom, Drake was an actor. He was a regular on the teen-focused soap opera, "Degrassi: The Next Generation." So Drake, the actor, turned to a MySpace page to transition to Drake, the musician.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (12)

Source: Vox, Business of Fashion

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The page turned into a blog, which became a spot for Drake, El-Khatib, and their team to post inspiration and also their original work, El-Khatib said. When the first album came out in 2010, it went right to the top of the US Billboard 200 list.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (13)

Source: Business of Fashion

Drake went on to make several more albums,some of which reached No. 1 on charts and won various awards.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (14)

Source: Biography

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He also won a Grammy Award for the best rap album in 2013.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (15)

Source: Biography

In 2011, the brand started to release clothing. El-Khatib said it was because the group needed some tour-specific clothing for employees at venues to easily recognize the team. Since then, fashion has been the company's biggest source of revenue and is projected to do $50 million in sales in 2019.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (16)

Source: Business Of Fashion

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The brand has also participated in collaborations with other fashion icons. In December 2013, Drake announced a collaboration line with Nike's Jordan Brand.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (17)

Source: GQ

Read more: Photos show the rise, fall, and comeback of Nike's iconic Air Jordan sneakers

But clothing isn't the company's only source of revenue. There is also OVO Sound and OVO Sound Radio — a record label and radio program respectively.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (18)

Source: Business Of Fashion

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The actor-turned-musician also has quite an extensive real estate portfolio.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (19)

Source: Business Insider, Architectural Digest

His most recent Los Angeles acquisition was a $4.5 million ranch in Hidden Hills — a neighborhood also known for being the home of celebs like the Kardashians.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (20)

Source: Variety, Architectural Digest, Curbed

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He dubbed the first of his three Hidden Hills homes the Yolo Estate. Drake paid $7.7 million for the estate in 2012.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (21)

Source: Business Insider, Trulia

The third home —a 1950s-style ranch —bumped up Drake's Hidden Hills acreage to a cool 6.7 acres. That's roughly the size of five football fields.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (22)

Source: Variety, Architectural Digest, Curbed

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Before all the acting, businesses, and subsequent sources of income, Graham was busy growing up in Toronto, Canada.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (23)

Source: Saturday Night Live

He was raised predominantly by his single mother in a Jewish household.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (24)

Source: Biography

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Through his own song lyrics and different interviews with magazines like GQ, the rapper has touched on having a complicated relationship with his father, but in recent years the rapper has said, "We're cool" now.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (25)

Source: GQ, Complex

Like many religiously observant Jewish people, Drake had a Bar Mitzvah when he was around 13 years old. Billboard reported that he even hosted a "re-Bar Mitzvah" for his 31st birthday.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (26)

Source: Billboard

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One of the ways Drake stays connected to his Toronto roots is through his ambassadorship-turned-partnership with the city's NBA team, the Raptors.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (27)

Source: City News Toronto, TIME

In 2013, the rapper who grew up a "die-hard fan" of the team was named Raptors' global ambassador.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (28)

Source: Hardwood Diagnostic, City News Toronto

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He said as ambassador, he wants "to bring the excitement into this building, I want a team that people are dying to come see, I want the tickets to be extremely hard to get, I want to bring that aggression, I want to bring that energy."

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (29)

Source: Hardwood Diagnostic, City News Toronto

He's even hinted at wanting to buy the team one day.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (30)

Source: Instagram

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With Drake's help, the team launched a publicity campaign in 2014.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (31)

Source: USA Today, Toronto Raptors

Team representatives have said "We the North" is an attitude and mindset that they hoped fans all over the world would get behind ...

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (32)

Source: USA Today, Toronto Raptors

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... and they have.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (33)

Source: USA Today, Toronto Raptors

In 2017, the partnership between the star and the team grew its philanthropy reach. Drake and the Raptors donated a total of $3 million to Toronto and to Canada Basketball.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (34)

Source: City News Toronto

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The money was to be used to build courts around the city and facilitate the overall growth of the sport in the community.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (35)

Source: City News Toronto

In March 2019, the Raptors' practice facility was renamed the OVO Athletic Centre.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (36)

Source: Complex

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Even though Drake is often seen courtside cheering on the Raptors ...

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (37)

Source: TIME

... he's also proven to be a Golden State Warriors fan at times.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (38)

Source: TIME

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In fact, he bet French Montana $60,000 that the Warriors would beat the Cleveland Cavaliers in the 2016 NBA Finals —the Warriors lost and Drake was out a cool $60K.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (39)

Source: Bleacher Report

Another NBA team that has had the rapper's heart at one point is the Miami Heat.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (40)

Source: TIME, SB Nation, Heat Nation

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He's been accused of being a "bandwagon fan" —someone who supports whatever team is supposed to be the best that season.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (41)

Source: TIME, SB Nation, Heat Nation

He was spotted on the Heat's sidelines cheering for pals Dwyane Wade, Chris Bosh, and LeBron James.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (42)

Source: TIME, SB Nation, Heat Nation

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But the rapper has also proven to show some philanthropic love for the Florida city.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (43)

Drake/YouTube

Source: Reuters

In 2018, he donated $50,000 to help pay for a new homeless shelter after visiting Miami’s Lotus House —the city’s only homeless shelter for women and children at the time. He also gave Target gift cards to mothers and toys to children.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (44)

Source: Miami Herald

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The rapper used his "God's Plan" music video budget of almost $1 million to make different donations around the city. The video opens with a statement that reads: "... Don't tell the label ..."

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (45)

Source: Drake YouTube, TIME, ABC News

He filmed the video in various locations around Miami and made subsequent donations. He gave Destiny James, a student at the University of Miami, a check for $50,000 ...

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (46)

Source: Miami Herald

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... he walked into a grocery store and told shoppers he'd pay for everything they bought that day ...

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (47)

Source: Miami Herald

... he walked up to families and handed them stacks of cash ...

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (48)

Source: Miami Herald

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... he donated $25,000 to Miami Senior High School ...

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (49)

Source: Miami Herald

... he danced with kids at the Overtown Youth Center ...

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (50)

Source: Miami Herald

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... and donated $20,000 to the Miami Fire Department.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (51)

Drake/YouTube

Source: Miami Herald

Other lucky people around the city were given cars and shopping sprees at Saks Fifth Avenue.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (52)

Source: Miami Herald, Drake YouTube

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While it's clear the rapper has spent a significant amount of money on strangers, he has also reportedly been supporting Sophie Brussaux —a former adult-film star and the mother of Adonis, Drake's son.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (53)

Source: TMZ, People, Hollywood Life, Hypebeast

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October's Very Own defended himself in the conversation around blackface, but he did confirm Pusha T's allegations that he had a son. The confirmation came in 2018 when Drake said he was "hiding the world from my son," not the other way around.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (54)

Source: Vanity Fair, Cosmopolitan

Drake is constantly working on new ventures — like investing in tech company Omni —and making music. There's no telling what's next in Drake's plan.

Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (55)

Source: Kulture Hub, Biography, Forbes

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Drake shared the first ever photos of his toddler son in an emotional post about social distancing during the coronavirus pandemic. Here's how the rapper built his $150 million fortune — and what he spends it on. (2024)

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