Drake Joins Rap's Richest With A $60 Million Net Worth

The Forbes Five has a brand-new participant: Drake. The Canadian rhymer changes 50 Cent on this year's position of wealthiest rap artists, which is covered by Diddy ($ 750 million).

Drake's $60 million total assets is many thanks to a considerable cash money heap, gathered with multi-platinum recordings, million-dollar-grossing excursions and also 7 number recommendations. The 29-year-old has actually been a normal on the Hip-Hop Cash Kings checklist of highest-earning rap artists given that his launching in 2010, when he banked an approximated $9 million pre-tax.

The bellowing MC has actually gained some $150 million to this day-- gross and also costs. It's not the $250 million he when claimed he prepared to earn by age 29, yet it's okay for a 30th birthday celebration existing.

• " Every year, we simply intend to obtain even more ready as well as much better at visiting as well as much better at points that generate income," Drake informed FORBES in 2013. He has actually maintained his word, enhancing his haul year over year given that to tally a document $39.5 million in 2015.

• Today, the Views rap artist's supply gets on the surge many thanks to large incomes from brand-new recommendations including his as-yet-unreleased scotch Virginia Black and also Apple Music, the latter which is believed to be compensating him for unique civil liberties to stream his brand-new cd in its opening week. He additionally swipes money from historical manage the Toronto Raptors, Nike NKE +0.29% and also Sprite.
• Amongst Drake's properties is an $8 million Hidden Hills house, a healthy and balanced retailing organisation and also the OVO Sound document tag, which has yet to create a hit.
• Apple's elderly vice head of state of Internet Software as well as Services Eddy Cue (L) high fives with Drake throughout the Apple Music intro at the Apple WWDC in 2015. (Photo by Justin Sullivan/Getty Images).
• Previous Forbes Five participant 50 Cent shed his place after his songs profession went stale and also he shed with cash money from his Vitaminwater offer faster compared to FORBES prepared for. A collection of multi-million-dollar claims sent him right into personal bankruptcy in 2015.
• In order to finish our Forbes Five checklist, we evaluate previous profits, worth present holdings and also speak to experts, lawyers, supervisors, various other sector gamers-- or even a few of the magnates themselves-- to get more information.
• " That's virtually my unbiased each year," Drake when stated of the FORBES Cash Kings position of highest-earners. Currently he has an additional objective: Stay abundant sufficient to continue to be among the Forbes Five.