Drake Net Worth: Canadian Rapper Makes So Much in a Year the $1.15M Kansas City Chiefs Bet Win is Chump Change for Him

Drake’s wealth is reflective of his massive net worth, consisting of record albums, bets, and successful businesses!

Drake Net Worth: Canadian Rapper Makes So Much in a Year the $1.15M Kansas City Chiefs Bet Win is Chump Change for Him

SUMMARY

  • Drake, a Canadian rapper, has achieved immense success in the entertainment industry.
  • Acknowledged for his hit songs, the 'Thank Me Later' hitmaker currently possesses an astounding $250 million in wealth.
  • However, his recent $1.15 million bet on the Kansas City Chiefs’ successful Super Bowl run was mere pocket change for the Ontario-born artist.
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Not many people in the entertainment industry have accomplished as much as Drake has. With his immense skills and groundbreaking success, the Canadian rapper, 37, has not only won the hearts of his listeners but he has also built up a jaw-dropping net worth of $250 million (at the time of this writing). To put that into perspective, his recent $1.15 million bet on the Kansas City Chiefs’ successful Super Bowl run was mere pocket change for the Ontario-born artist. 

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Drake, who is well-known for his chart-topping singles, bet an astounding $1.15 million on the Chiefs to win the Super Bowl, and his wager was richly rewarded. With a photo of his betting slip, the Canadian musician even posted on social media, saying, “I can not bet against the Swifties,” in reference to Taylor Swift’s fans.

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Global music icon Drake | image: Instagramt/@champagnepapi
Global music icon Drake | image: Instagram/@champagnepapi

Drake is one of the Wealthiest Rappers in the world, Thanks To His Net Worth

Beyond his chart-topping hits and electrifying performances, Drake has also shown himself to be a shrewd businessman. By strategically investing in multiple businesses, such as fashion, fast food restaurants, and, of course, bets, he has steadily grown his net worth.

From working with global brands like Nike, Apple Music, and Sprite to launching his own independent record label line, October’s Very Own (OVO), his business acumen has positioned him perfectly to capitalize on his fame. These endorsement deals give his already impressive wealth an additional degree of financial stability. 

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Drake [ Pic Credit: Instagram/ @champagnepapi]
Drake [credit: Instagram/ @champagnepapi]
He has been putting out music ever since his first studio album, Thank Me Later, reached the top of the charts in 2010. In general, he has concentrated on expanding his fan base as much as possible by going on constant tours, making appearances on numerous music programs, and attending award shows. 

Celebrity Net Worth estimates that Drake is currently worth $250 million. According to GoBankingRates, the Recording Industry Association of America declared him to be the top artist in terms of digital singles when he dropped Scorpion in 2018. And The Street claims that Drake’s financial standing is comparable to that of fellow rappers LL Cool J and Eminem.

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The Thank Me Later hitmaker reportedly earns roughly $40 million a year, according to The Street. That is mostly because his estimated earnings from a concert are close to $1 million. 

Drake in his music video, First Person Shooter
Drake in his music video, First Person Shooter

Drake Places $1.15 Million Super Bowl Bet on the Chiefs to Win

The Super Bowl LVIII that was held this weekend drew a lot of attention for a lot of reasons. While the Kansas City Chiefs secured a stunning victory over their longtime rival, the San Francisco 49ers, rapper Drake managed to finally break out of a longtime rumored curse. Drake has had a long history of losses when it comes to the sports arena, and this is not limited to only him but also to sports personalities who have interacted with him. 

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Drake placed a whopping $1.15 million bet on the Chiefs to win Super Bowl LVIII, one of the biggest bets the rapper has won in his career. Before this, Drake had lost thousands of dollars on a UFC bout, betting on a knockout against Dricus du Plessis.

Well, it seems either the curse has finally broken or the Chiefs are immune to curses, thanks to the power of love (wink, wink… Taylor!).

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Written by Siddhika Prajapati

Between everyday normalities and supernatural abnormalities, Siddhika Prajapati finds the story in everything. Literature Honors Graduate and Post-Graduated in Journalism (from Delhi University), her undying need to deduce the extraordinary out of simplicity makes her a vibrant storyteller.

Serving as a Senior Entertainment Writer at Fandom Wire and having written over 1000 pieces, Siddhika has also worked with multiple clients and projects over the years, including Indian Express, India Today, and Outlook Group.

Who knows, maybe your next favorite persona on the screen will be crafted by her.