So is Drake a billionaire? Short answer: probably not. Long answer: It depends entirely on who’s doing the maths and whether you believe what his mates say about him.
Listen, I get it. When Nicki Minaj posted an Instagram story back in 2022 saying Drake was “the only billionaire that I know that doesn’t want people to know he a billionaire,”
Everyone went a bit mental. She was standing on the tarmac next to his private jet at the time, which certainly looked expensive enough to support the theory.
But here’s the thing about celebrity net worth. It’s all educated guessing unless someone’s filing actual paperwork with investors or the taxman. And Drake’s camp hasn’t exactly been forthcoming with the receipts.
What Drake’s Actually Worth
Right, so most reputable sources place Drake’s net worth somewhere between 250 and 400 million dollars as of 2025. That’s not pocket change, obviously. But it’s also not a billion.
Celebrity Net Worth, which tracks this sort of thing, recently updated his value to 400 million dollars in October 2025. Some other outlets still have him at 250 million. The difference probably comes down to how you value things like his music catalogue and brand deals, which don’t have price tags attached until someone actually buys them.
What is Drake net worth, really, though? Well, let’s break it down a bit. His 2022 deal with Universal Music Group was reportedly worth 400 million dollars. That sounds massive, yeah? But that’s the total contract value, not cash in his pocket today. It includes publishing rights, merchandise, media projects, and his music catalogue over time.
He’s also got some seriously expensive toys. His Toronto mansion, nicknamed The Embassy, is valued at roughly 100 million dollars. He’s got properties in California and Texas. He owns a private jet. Virginia Black whiskey brought in decent money before the brand fizzled a bit. The OVO clothing line does well, but it’s not Yeezy numbers.
How Much Does Drake Actually Make, Though
Now this is where things start to get interesting. How much does Drake make a day? Depends entirely on whether he is touring or not, doesn’t it?
He makes about 70 million dollars a year, which would amount to something like 190,000 dollars per day if you divided it equally. But that’s daft because income doesn’t work that way. He’ll make millions in a single night during a tour, then nothing much happens for months.
Drake’s tours have grossed over 508 million dollars across 315 shows since 2010. That’s proper money. But after you pay for production, crew, venues, and everyone else involved, the actual take-home is much less impressive.
His Spotify streams are bonkers, sure. He has more than 82 billion streams on that platform. But Spotify pays between 0.003 and 0.005 dollars for each time a song is played. Even if he did hit 82 billion streams, and even if he got to keep every one of those pennies, which he doesn’t, that’s maybe 400 million total in his entire career. Split that with labels, producers, songwriters, and suddenly it’s not quite as massive.
Why Nicki Says Drake Is a Billionaire When He Probably Isn’t
Yeah, so about that Nicki Minaj comment. She also liked a tweet that said, “Shoutout to Drake for being a billionaire too, even though you ain’t want no one to know”, which seemed to confirm she wasn’t just having a laugh.
But mates exaggerate about each other’s wealth all the time. Especially when they’re standing next to private jets, feeling impressed. And Drake’s never actually confirmed it himself.
There’s also the possibility she’s counting things differently. Maybe she’s including future earnings from contracts not yet paid out. Maybe she’s valuing his brand at what it might sell for someday. Maybe she just rounded up a lot because 400 million sounds less impressive than a billion when you’re trying to big up your friend.
How Drake Stacks Up Against Actual Hip Hop Billionaires
Is Kanye a billionaire? Well, that’s complicated too. Kanye posted on Instagram in January 2025, claiming his net worth was 2.77 billion dollars according to Eton Venture Services. But Forbes still values him at only 400 million dollars, the same as Drake, actually.
The difference is that Kanye lost his billionaire status when Adidas dropped him in 2022. He’s trying to claim it back based on owning the Yeezy trademark and his music catalogue, but Forbes isn’t buying it.
Jay-Z is definitely a billionaire, by the way. Forbes places him at 2.5 billion dollars, accumulated primarily through business investments including Tidal, Armand de Brignac champagne and Roc Nation rather than straight music. That’s the blueprint Drake would need to follow to actually hit a billion.
Dr. Dre made it to billionaire status briefly when Apple bought Beats by Dre. Taylor Swift hit it recently. Rihanna got there with Fenty Beauty. See the pattern? They all had massive businesses outside music.
How Is Drake Not a Billionaire When He’s So Successful
Because being the most-streamed artist on Spotify doesn’t automatically translate to a billion dollars, that’s why. Streaming pays rubbish compared to the old days of album sales. And most of that money gets split between too many people.
Drake makes serious money, don’t get me wrong. He reportedly earned 60 million dollars in 2024 alone. At that rate, and assuming he saves most of it rather than spending it on mansions and private jets, he could hit billionaire status in maybe 10 or 15 years.
But that’s assuming his earning power stays constant, which it won’t. Artists fade. Streaming numbers drop. Tour demand changes. And Drake’s already 39, which isn’t old, obviously, but it’s not exactly the peak earning years for a rapper either.
The Kendrick Lamar Situation
Can’t talk about Drake’s finances without mentioning the Kendrick beef, can we? Drake filed legal action against Universal Music Group related to Kendrick’s diss track “Not Like Us” earlier this year. Some people reckon the whole feud damaged Drake’s brand value.
The Nike Nocta line apparently saw sales slump after the beef, which would’ve hurt his endorsement income. Whether that’s temporary or permanent remains to be seen, but it’s definitely not helping the march towards billionaire status.
So, Where Does That Leave Us
Is Drake a billionaire? Almost certainly not right now. Could he become one? Yeah, probably, if he plays his cards right and launches some major business ventures outside music. But just being really successful at rapping and touring isn’t enough anymore to crack that billion-dollar mark.
For now, he’s sitting comfortably in the 250 to 400 million range, which honestly isn’t something to feel hard done by. Most of us would take that in a heartbeat.
Whether he’s hiding extra billions like Nicki reckons? Doubt it. Rich people generally love telling everyone exactly how rich they are. Look at Kanye posting his net worth on Instagram every few months. If Drake had hit a billion, we’d know about it.
