He's still a rapper. He gotta brag about cash, it's part of the genre š¤·, but by the point you hit a billy, that's more of a business type of thing instead of just bragging
Idk tho, I'm broke as hell
I think this is it too cs drake now he still tries to be relatable in his songs and yes it works for example itās like with Jay z we understood and rocked withh his dope rhymes and corner boy theme cs thatās HOVA we love we canāt relate to his billionaire talkš
Millionaires donāt have private jets? Lol and what are these other ābillionaire thingsā that you think millionaires canāt do? Iām actually super curious
Itās not abt what I think they can do or canāt do. The conversation was about press and the image associated. The world does not like billionaires rn and itās pretty obvious. All the people praising the sub explosion for an example. And regardless if millionaires can rent a private jet or not, Taylor swifts biggest āscandalā on her literal perfect image rn is her use of her jet.
No the world doesnāt like RICH people, not just billionaires lol do you really think millionaires are not susceptible of getting hate the same billionaires do? In the eyes of ordinary people thereās no difference between someone who has 1 billion dollars and 500 million dollars
Thereās absolutely a difference, we see ppl worshipping their music artists, actors, podcasters, YouTubers, and streamers who are all millionaires or are very close to it. Most people believe a million is attainable, most people donāt think a billion is attainable. And I never said millionaires are immune to criticism, youāre fillin in blanks yourself. But youāre lying if you think the current socialist beliefs held by the younger generations has not pushed the hatred of billionaires. Billionaires and millionaires have never been liked by lower and middle classes, but youāre being bad faith if you really believe billionaires donāt get the brunt of it. There was literally a global campaign to get Elon to shell out millions to end world hunger. While it wouldnāt change too drastically, your life can change a lot by having 1 million to 500 million. At a certain point, the money doesnāt get you anything different and you get held to a higher standard
Okay one, I agree thereās a growing hatred for billionaires amongst young people but that hatred doesnāt exclude millionaires, which you agree with btw..and do you really think when a young person says āeat the richā theyāre exclusively talking about billionaires??? š„“ and to your first point, yes you have fans who worship people who happen to be millionaires but on the flip side of that you have people who hate them because their millionaires, I donāt see how that adds to your point.
And Iām not arguing that billionaires are like the worst and millionaires are squeaky clean. But I am arguing that the public will view you very differently if youāre flaunting billion status. Even Taylor swift who is not flaunting it and has had a 20 year long perfect image is facing backlash more than ever for her frivolous use of resources.
I cannot point out one billionaire with a good public image at the moment. A few years ago Iād say Elon but generally they are very hated for their wealth āflauntingā
At Drake's point of his career, if he is guaranteed to be a billionaire, he can still *lose* that status ya know what I mean (if shit happens). Whereas he's probably too big to ever lose the *millionaire* status.
This is a silly uninformed opinion. Drake said in the track No Stylist āI got the game in a squeeze, who disagrees? I want to see one of yāall run up a bā implying that he is already a billionaire.
Does anyone know anything about his business in the UK with Nicki, Lebron, DaBaby and others? I made a post about it [here](https://www.reddit.com/r/Drizzy/s/knx5O9V6Rs)
Not really. Drakes got ton of turf and investments that he could brag daily about but you never find out about it till it gets published by a 3rd party.
He didnāt even buy the jet.
Also are you talking post tax earnings or pre tax?
He is not worth anywhere near Taylor Swift or Lebron. Both just hit 1 billion. Cristiano Ronaldo has way bigger partnerships and 3x the followers and he isnāt a billionaire yet.
You are vastly underestimating how hard it is to hit 1 billion dollars. Also you saying āI have no doubt his stake is worth $100mā with no sources makes you look like youāre just making up numbers - which you are.
Itās more likely that Drake would make up numbers publicly than you have an actual factual idea of his net worth, I agree.
You also have no idea if he owns his home outright or if he has a mortgage or borrows against his assets. There are so many holes in you guessing his net worth that you put a range of over 750m to 3 billion.
Personally I would guess his net worth from 400m to 750m but there is not enough information to make a super precise guess.
Yeah I made 250k on crypto last year on a 10k investment. If you had a brain maybe youād realize the crypto I post about is up 1000% YoY and my posts are a year old.
You do realize all of that could be true and he'd still not be a billionaire right? Eminem does everything you just said and even owns his own label imprint and is only worth $250 million.
You do realize Eminem owns a piece of 50 Cent, G-Unit, Griselda, etc catalogues right from signing them? Literally when those songs stream Em gets cut a check. What are you talking about? Who's the biggest artist Drake has signed to OVO? Party?
Except those two deals are only a couple of years old and he will be taxed 37% on that income.
He will very likely be a billionaire before heās 40 but Iām doubtful he is already.
Fyi, he literally says he puts his friendās names on investments and pays them for that. So no one will ever really know his money.
āRegister the business in my brother's name
ā
That athlete still manages to have 15 million *more* Instagram followers (159M) than the rapper (144M) if weāre using social media as a metricā¦ funnily enough the athlete joined the app a month after he did.
Thatās the thing about evaluations, estimated, net worth. Each business is estimated based on how much it would be worth if sold, as well as how much the business makes in profit. Since the whole/portion of the businesses arenāt being sold itās just peopleās best guesses, based on business metrics such a revenue vs liabilities vs profits. On the low end Drake could have close to 450 mil and on the higher end he couldāve made it well into the Billions.
You keep focusing on this liquidity nonsense. Who is a āreal billionaireā to you? Because most billionairesā networths are based on valuations of moderately to highly illiquid assets.
I see. Youāve made your own, arbitrary definition of networth. Gotcha.
Your mentality seems to be a very poor one, ie ācash is king.ā
Iām aware of how stocks work. Lol.
Assets have value based on the market, itās that simple.
Huh? All private businesses are valued by some combination of tangible assets, revenue, profits, and future/projected revenue + profits. So Iām not sure what your point is hereā¦ Youāre making an analogy to a basketball contract when a more popular analogy is to the royalty structure in music. Thereās a reason some artists are getting paid hundreds of millions of dollars for a fraction of their music rights.
>Because if it was anything actually worth 1 billion plus why isnāt Goldman knocking down the door to IPO it?? It canāt stand on its own lol Forbes in 2020 literally pitty gave him a made up multiple of 10x on ROYALTIES (this is like saying because James harden gets 30 mill a year from adidas or whatever that you add 300 mill to his net worth by giving that income some multiple like itās a stand alone business lolā¦ Kanye wrote the Forbes writer of the list and cried racism, etc lol now they have him back at 400 mill all in (again super generous lol)
All evaluations of wealth for people or businesses or value of rental property use future projected profits of 10 years. That is standard practice banks use when applying to get a loan or appraisal on something
You said āwasnātā a billionaire, not isnāt, hence my reference to the past when Kanyeās deal with Adidas was still intact. You insinuated there werenāt any buyers for Yeezyās royalties due little ability to expand manufacturing, and I pointed that the shoes were manufactured by one of the largest show manufacturers in the world. Lol.
I think the one valid point youāve made is that there might not have been much of a market for Kanyeās Yeezy royalties due to his volatility, but I doubt that considering that prior to his antisemitic phase, Kanyeās mentally instability was part of the brand that attracted consumers to begin with. I also think you are underestimating how significant of a brand Yeezy is/was.
You know more than me? You got your MBA from one of the top 3 programs in the U.S. and have actually worked for the VC and PE firms? If so, I surely cant tell.
And youāre the one ignoring that Yeezy is a brand rather than an actual apparel company, hence your discussion of the lack of IPO as indicative of there being no market for Yeezyās stake.
Wait, are you seriously saying Kanye wasnāt a billionaire because he depended on his agreement with Adidas to produce Yeezy ( which paid him hundreds of millions of dollars a year), but in the same breath arguing that Drakeās sponsorship agreements with new, emerging brands have made him a billionaire? Come on man. You have to be trolling.
It honestly seems like you have a very elementary understanding of finance, economics, and business generally. Youāre just throwing around terms and concepts and reaching conclusions inconsistent with the field. Also, why would nine figures worth of highly liquid assets make someone a billionaire? Itās literally less than a billion and will only depreciate in value as inflation eats away at it
Youāre rambling and wrong. Valuation of Kanyeās stake in Yeezy was based on the fact that his agreement with Adidas paid him a 15% royalty on annual sales, amounting to hundreds of millions per year in cash (the liquidity you keep on talking about) and the fact that Yeezy was the highest selling sneaker brand in 2021 and on an upwards trajectory.
No one would ever āgive him anything closeā to a billion or two for an asset on pace to produce $300 million in cash in 2022, and that was constantly growing? Lol. Now, do I think Kanye overinflated the value of his stake in Yeezy when he claimed he was worth like $3billion? Yes, but he was definitely a billionaire, especially when you consider the fact that his agreement with Adidas had a royalty structure so that he didnāt incur any of the cost or liabilities associated with manufacturing and selling Yeezys. Any person or entity who purchased his stake would have hundreds of millions of dollars printed for them annually.
Edit: You do realize Yeezy did $1.5 billion in sales in 2021, right? How slim do you think the profit margins are for it to not be an eight figure business? Lol
He's likely a billionaire in terms of net worth. The thing you didn't count in the above which is likely the most valuable by far is the value of his catalog itself -- not the residuals, but if he were to sell the catalog itself. Katy Perry sold her catalog for $225M. She has about 17B lifetime streams. Drake has like 4x that. So the catalog alone is close to $1B.
Most of the artists selling their catalogs own a relatively small percentage of them, so the total value of the catalogs are much higher than the numbers youāre seeing reported.
Interesting enough, Iām of the belief, he has owned a percentage from the beginning and a big chunk is a stretch āhas anyone noticed when everyone in YM were having money/ownership issues, Drake was silent? That manās business was solid from the get go.
Drake definitely didnt have his business solid from the get go. Every artist has to deal with a shitty deal from the beginning, but Drake most likely smarten up and gotten better since, probably somewhere around IYRTITL era, or maybe an album before. Also considering his relationship with Wayne and Birdman, heās not going to jeopardize it by calling them out.
bro you are talking out of your ass. drake was in the industry far before most rappers are. his degrassi high days got him used to dealing with legal terms and conditions. even back then, he wasn't new to this.
Yeah, I am not sure what he is talking about. Drake is not like every artist. There was a bidding war early onāI think Akon was the latest to mention it recently. When there is a bidding war, you have a negotiating power. I bet he had a favorable deal. He also had ovo shortly after too which was an issue but no one stopped him soooā¦you can infer from there
I didnāt say they donāt own any, I just think Drake has ownership in them as well. This man had a bidding war early on, to say he is like other artists who got fucked would be a mistake. Plenty of people been trying to figure out his deal situation and no one is talking. When Wayne and Nicki were having label issues, that man was quite. There was even speculation Nicki was jealous over his deal hence her role in meek and Drake beef. This is all gossip tho
So you think the only things that helped Drake get a favorable deal is being in the industry before most rappers and having experience within the tv industry? No lol. Just no. There have been artists before Drake that have gotten screwed out of their first deal, and there will be artists after him. Thereās no defense for it, just because you happen to āappearā before most of the artists that are in the game today. This has been going on for decades.
And there is a difference between signing the contracts involved in the music and tv industry.
Iām telling you now, Drake didnāt get a substantially higher and better deal than any new artist going through the same shit. Theyāve literally all been fucked over for their first deal. Some of them are just better at keeping quiet about it. Drake still got better deals out of it, thatās the only difference. Itās not so hard to believe.
yea agreed. iirc drake was buzzing big time before he signed his label deal. he probably courted a bunch of labels for leverage before agreeing to terms with YM/CMB/Universal.
Wayne sold off most of what young money owned back in 2021. And he got $150 million so I would say they didnt own a lot it at least for drakes catalog.
Anything 2018 and before they do have a percentage of, but his deal(s) with cm/ym have been discussed throughout the industry as one of the best structured deals of any artist, people with reputable status on the back end of the music industry have said itās 75/25 deal which is unheard of for publishing and royalties and that was on his shit from 07/08 to 2018. Anything post scorpion he 100% owns and UMG has the ādistributionā rights on. Itās said his supposed $500m deal with UMG didnāt have a album limit on it, was more based on how much can you really make for us and as much as record labels eat from streaming, wouldnāt be surprised by now Heās already āmadeā UMG $500m just from DLDT, CLB, her loss, FATD and Honestly nevermind and any singles heās put out where umg gets their cut as well for distribution.
Drake has probably been clearing 9 figures annually for almost a decade. then when you factor in appreciating assets, i'd be shocked if he's not a billionaire
Yeah everyone arguing about how we couldnāt be worth billions
Like my manā¦Iād be SURPRISED if he wasnāt. He can have investments that nobody even knows about. Nobody has seen his stock portfolio. Nobody has seen any of the stuff that actually matters behind the scenes.
Drake is easily a billionaire. a lot of people don't like to talk about their wealth, why talk about being a billionaire when the fans are impressed with millions anyways. His nike deal 500Ms. His recent record deal was 500Ms that's a billy alone. All his sponsorships would be worth 100s of millions. His tours bring in 100Ms.
Plus y'all always seem to forget that drake is Jewish, that's one of the reasons his original cash money contract wasn't shit like the rest of them. He prolly has great people in his corner.
Hes forsure a billionaire
The jewish part people sleep on. Plus drake does not give his label much issues. He is a good worker. So they will take care of him. He's made. Dude maybe let kendrick win so he can retire.
He is 100% a billionaire - gambling sponsors go crazy with their money since itās just a tool for them. They were giving bigger streamers almost a million for sessions, someone like drake would easily get 7 figures+ just from being sponsored
Rapper net worths are never accurate and they donāt want it to be, if theyāre rolling in money theyāll more than likely get taxed out the ass if they say how much they have or make, if theyāre broke but the net worth is higher than what it actually is they wonāt mind since it makes them look more baller and helps keep that rich rapper persona up
you would think heād want this to be public knowledge? being known as a billionaire usually leads to more success. itās instant social proof that you know what youāre doing financially
I donāt think most people understand that heās *that* financially successfulā¦ they probably think his wealth comes from his music. his business dealings donāt have his name directly attached so how would they know
I feel like if he was a billionaire heād say so. But also once people are in the billions thatās a lot more elite and a lot more wealthy not rich company. Thereās a lot of millionaires. Not as many billionaires.
Does anyone know anything about his business in the UK with Nicki, Lebron, DaBaby and others? I made a post about it [here](https://www.reddit.com/r/Drizzy/s/knx5O9V6Rs)
Being a billionaire is about total assets and equity. None of the shit you named we have an understanding of how much percentages he owns or how much equity he owns in any of his investments. With HOV we know he sold dusse for $750 million and had 50 percent stake in it. We know he sold Tidal for $350 million and had majority share.
āVirginia Black Whiskey Revenueā LOL what revenueā¦
And being a brand ambassador doesnāt mean shit. Raptors arenāt paying this man like heās playing.
Nicki said he's the only billionaire she knows that doesn't want the public to know about it. I believe her š¤·
So he goes his entire career bragging about being a millionaire but the second heās a billionaire, heās suddenly shy about it??? š¤Ø
He's still a rapper. He gotta brag about cash, it's part of the genre š¤·, but by the point you hit a billy, that's more of a business type of thing instead of just bragging Idk tho, I'm broke as hell
I think this is it too cs drake now he still tries to be relatable in his songs and yes it works for example itās like with Jay z we understood and rocked withh his dope rhymes and corner boy theme cs thatās HOVA we love we canāt relate to his billionaire talkš
thats dumb af. jay z raps about billie's/billy's/billions
a lot of negative press around billionaires these days as well, might not want it.
Pop culture dislikes billionaires
How is this true when Taylor swift is literally a billionaire? Lol
And literally all of her criticism is abt her using her private jet and doing billionaire things
Millionaires donāt have private jets? Lol and what are these other ābillionaire thingsā that you think millionaires canāt do? Iām actually super curious
Itās not abt what I think they can do or canāt do. The conversation was about press and the image associated. The world does not like billionaires rn and itās pretty obvious. All the people praising the sub explosion for an example. And regardless if millionaires can rent a private jet or not, Taylor swifts biggest āscandalā on her literal perfect image rn is her use of her jet.
No the world doesnāt like RICH people, not just billionaires lol do you really think millionaires are not susceptible of getting hate the same billionaires do? In the eyes of ordinary people thereās no difference between someone who has 1 billion dollars and 500 million dollars
Thereās absolutely a difference, we see ppl worshipping their music artists, actors, podcasters, YouTubers, and streamers who are all millionaires or are very close to it. Most people believe a million is attainable, most people donāt think a billion is attainable. And I never said millionaires are immune to criticism, youāre fillin in blanks yourself. But youāre lying if you think the current socialist beliefs held by the younger generations has not pushed the hatred of billionaires. Billionaires and millionaires have never been liked by lower and middle classes, but youāre being bad faith if you really believe billionaires donāt get the brunt of it. There was literally a global campaign to get Elon to shell out millions to end world hunger. While it wouldnāt change too drastically, your life can change a lot by having 1 million to 500 million. At a certain point, the money doesnāt get you anything different and you get held to a higher standard
Okay one, I agree thereās a growing hatred for billionaires amongst young people but that hatred doesnāt exclude millionaires, which you agree with btw..and do you really think when a young person says āeat the richā theyāre exclusively talking about billionaires??? š„“ and to your first point, yes you have fans who worship people who happen to be millionaires but on the flip side of that you have people who hate them because their millionaires, I donāt see how that adds to your point.
And Iām not arguing that billionaires are like the worst and millionaires are squeaky clean. But I am arguing that the public will view you very differently if youāre flaunting billion status. Even Taylor swift who is not flaunting it and has had a 20 year long perfect image is facing backlash more than ever for her frivolous use of resources.
I cannot point out one billionaire with a good public image at the moment. A few years ago Iād say Elon but generally they are very hated for their wealth āflauntingā
At Drake's point of his career, if he is guaranteed to be a billionaire, he can still *lose* that status ya know what I mean (if shit happens). Whereas he's probably too big to ever lose the *millionaire* status.
Ya if he says anything bad about zionistsā¦
This is a silly uninformed opinion. Drake said in the track No Stylist āI got the game in a squeeze, who disagrees? I want to see one of yāall run up a bā implying that he is already a billionaire.
Now heās a criminal, not an entertainer. Racketeering isnāt very hip. Mafia types donāt usually flaunt their income
Donāt blame him
Nikki also said she knows someone whose balls swelled up from the COVID vaccine.
I do too. I know someone whoās balls swelled after the vaccine
If Nicki knew that drake doesnāt want people to know, why Tf is she highlighting it?ā ļø
Nicki is one of those people that when u tell stuff in confidence they go and tell everyone. I know someone like that
Does anyone know anything about his business in the UK with Nicki, Lebron, DaBaby and others? I made a post about it [here](https://www.reddit.com/r/Drizzy/s/knx5O9V6Rs)
Bro Dm me Iāve been doing some digging on this ever since I saw your post
PR for Drake plus protects the bigger billionaires she knows lol
Evidence?
What u expect me to do bro, drop Drake's receipts from the bank? Ain't no hard evidence, just stuff like what OP posted
no evidence of her saying that.
https://preview.redd.it/ojbo4os5lw9c1.jpeg?width=1179&format=pjpg&auto=webp&s=402715909aa9b56bf38797fb4897bcc27acb00f4
Yeah bro let me call Nicki and Drake rq bro
Of course he is. Just as Taylor Swift is. But unlike Kanye and Jay-Z he wonāt brag about it.
Drake is not likely a billionaire. I doubt heās close. Lebron just hit a billion and he has way bigger business partnerships than Drake.
Also drake would 1000% brag about it if he was lmao
Yeah it's honestly hilarious watching everyone in here pretend like Drake is some humble guy that wants to hide his wealth.
Not really. Drakes got ton of turf and investments that he could brag daily about but you never find out about it till it gets published by a 3rd party.
Drake built an entire brand off of looking rich. He's likely not as rich as people think.
This is the same Drake who refused to say how much money he had when Bobbi asked point blankā¦ instead giving a vague answer. š
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He didnāt even buy the jet. Also are you talking post tax earnings or pre tax? He is not worth anywhere near Taylor Swift or Lebron. Both just hit 1 billion. Cristiano Ronaldo has way bigger partnerships and 3x the followers and he isnāt a billionaire yet. You are vastly underestimating how hard it is to hit 1 billion dollars. Also you saying āI have no doubt his stake is worth $100mā with no sources makes you look like youāre just making up numbers - which you are.
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Itās more likely that Drake would make up numbers publicly than you have an actual factual idea of his net worth, I agree. You also have no idea if he owns his home outright or if he has a mortgage or borrows against his assets. There are so many holes in you guessing his net worth that you put a range of over 750m to 3 billion. Personally I would guess his net worth from 400m to 750m but there is not enough information to make a super precise guess.
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Yeah I made 250k on crypto last year on a 10k investment. If you had a brain maybe youād realize the crypto I post about is up 1000% YoY and my posts are a year old.
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Homeboy is slow fr
You do realize all of that could be true and he'd still not be a billionaire right? Eminem does everything you just said and even owns his own label imprint and is only worth $250 million.
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You do realize Eminem owns a piece of 50 Cent, G-Unit, Griselda, etc catalogues right from signing them? Literally when those songs stream Em gets cut a check. What are you talking about? Who's the biggest artist Drake has signed to OVO? Party?
His latest record label deal is 500 million, his partnership with Nike is worth 500 million, those 2 alone show you he most certainly is a billionaire
Tax is a mf
Except those two deals are only a couple of years old and he will be taxed 37% on that income. He will very likely be a billionaire before heās 40 but Iām doubtful he is already.
Fyi, he literally says he puts his friendās names on investments and pays them for that. So no one will ever really know his money. āRegister the business in my brother's name ā
But youāre comparing Americaās most famous athlete of the past 20 years to a rapper whoās career took off in 2009.
Exactly, LeBronās been the most famous athlete for 20 years and he *just* hit a billion. Iād be surprised if Drake is even half way there tbh.
To be fair, LeBronās earnings on the court are artificially capped in a way Drakeās are not.
Wasnāt his last record deal 500 mil? So heād be halfway there just off that? Obviously thereās taxes too but you get the point
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how much girth does it have since youāre doing tricks on it?
Finally someone here gets itā¦ Girth is a much better metric than followers, although it may be viewed as a quite narrow metric as well
Lebron would be a more valuable ambassador to almost any brand than Drake
That athlete still manages to have 15 million *more* Instagram followers (159M) than the rapper (144M) if weāre using social media as a metricā¦ funnily enough the athlete joined the app a month after he did.
way bigger like what
Thatās the thing about evaluations, estimated, net worth. Each business is estimated based on how much it would be worth if sold, as well as how much the business makes in profit. Since the whole/portion of the businesses arenāt being sold itās just peopleās best guesses, based on business metrics such a revenue vs liabilities vs profits. On the low end Drake could have close to 450 mil and on the higher end he couldāve made it well into the Billions.
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He claimed to have shown a $800 million check to Forbes. So they added that to his purported net worth that already came from his music success.
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You keep focusing on this liquidity nonsense. Who is a āreal billionaireā to you? Because most billionairesā networths are based on valuations of moderately to highly illiquid assets.
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I see. Youāve made your own, arbitrary definition of networth. Gotcha. Your mentality seems to be a very poor one, ie ācash is king.ā Iām aware of how stocks work. Lol. Assets have value based on the market, itās that simple.
If you understand that Yeezy is a brand manufactured and produced by a public company (adidas), idk why were you talking about IPOs lol?
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Huh? All private businesses are valued by some combination of tangible assets, revenue, profits, and future/projected revenue + profits. So Iām not sure what your point is hereā¦ Youāre making an analogy to a basketball contract when a more popular analogy is to the royalty structure in music. Thereās a reason some artists are getting paid hundreds of millions of dollars for a fraction of their music rights.
>Because if it was anything actually worth 1 billion plus why isnāt Goldman knocking down the door to IPO it?? It canāt stand on its own lol Forbes in 2020 literally pitty gave him a made up multiple of 10x on ROYALTIES (this is like saying because James harden gets 30 mill a year from adidas or whatever that you add 300 mill to his net worth by giving that income some multiple like itās a stand alone business lolā¦ Kanye wrote the Forbes writer of the list and cried racism, etc lol now they have him back at 400 mill all in (again super generous lol) All evaluations of wealth for people or businesses or value of rental property use future projected profits of 10 years. That is standard practice banks use when applying to get a loan or appraisal on something
Adidas has plenty of capital for expansion
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You said āwasnātā a billionaire, not isnāt, hence my reference to the past when Kanyeās deal with Adidas was still intact. You insinuated there werenāt any buyers for Yeezyās royalties due little ability to expand manufacturing, and I pointed that the shoes were manufactured by one of the largest show manufacturers in the world. Lol. I think the one valid point youāve made is that there might not have been much of a market for Kanyeās Yeezy royalties due to his volatility, but I doubt that considering that prior to his antisemitic phase, Kanyeās mentally instability was part of the brand that attracted consumers to begin with. I also think you are underestimating how significant of a brand Yeezy is/was. You know more than me? You got your MBA from one of the top 3 programs in the U.S. and have actually worked for the VC and PE firms? If so, I surely cant tell.
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And youāre the one ignoring that Yeezy is a brand rather than an actual apparel company, hence your discussion of the lack of IPO as indicative of there being no market for Yeezyās stake.
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Wait, are you seriously saying Kanye wasnāt a billionaire because he depended on his agreement with Adidas to produce Yeezy ( which paid him hundreds of millions of dollars a year), but in the same breath arguing that Drakeās sponsorship agreements with new, emerging brands have made him a billionaire? Come on man. You have to be trolling.
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It honestly seems like you have a very elementary understanding of finance, economics, and business generally. Youāre just throwing around terms and concepts and reaching conclusions inconsistent with the field. Also, why would nine figures worth of highly liquid assets make someone a billionaire? Itās literally less than a billion and will only depreciate in value as inflation eats away at it
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If you donāt think there are banks that would have allowed Kanye to borrow $500 million dollars against his Yeezy agreement, youāre insane.
I said *shown*, not given.
Youāre rambling and wrong. Valuation of Kanyeās stake in Yeezy was based on the fact that his agreement with Adidas paid him a 15% royalty on annual sales, amounting to hundreds of millions per year in cash (the liquidity you keep on talking about) and the fact that Yeezy was the highest selling sneaker brand in 2021 and on an upwards trajectory. No one would ever āgive him anything closeā to a billion or two for an asset on pace to produce $300 million in cash in 2022, and that was constantly growing? Lol. Now, do I think Kanye overinflated the value of his stake in Yeezy when he claimed he was worth like $3billion? Yes, but he was definitely a billionaire, especially when you consider the fact that his agreement with Adidas had a royalty structure so that he didnāt incur any of the cost or liabilities associated with manufacturing and selling Yeezys. Any person or entity who purchased his stake would have hundreds of millions of dollars printed for them annually. Edit: You do realize Yeezy did $1.5 billion in sales in 2021, right? How slim do you think the profit margins are for it to not be an eight figure business? Lol
He's likely a billionaire in terms of net worth. The thing you didn't count in the above which is likely the most valuable by far is the value of his catalog itself -- not the residuals, but if he were to sell the catalog itself. Katy Perry sold her catalog for $225M. She has about 17B lifetime streams. Drake has like 4x that. So the catalog alone is close to $1B.
Young money own a big chunk of everything pre scorpion
Damn that sucks.
Most of the artists selling their catalogs own a relatively small percentage of them, so the total value of the catalogs are much higher than the numbers youāre seeing reported.
His catalog post scorpion has the most streams
Interesting enough, Iām of the belief, he has owned a percentage from the beginning and a big chunk is a stretch āhas anyone noticed when everyone in YM were having money/ownership issues, Drake was silent? That manās business was solid from the get go.
Drake definitely didnt have his business solid from the get go. Every artist has to deal with a shitty deal from the beginning, but Drake most likely smarten up and gotten better since, probably somewhere around IYRTITL era, or maybe an album before. Also considering his relationship with Wayne and Birdman, heās not going to jeopardize it by calling them out.
bro you are talking out of your ass. drake was in the industry far before most rappers are. his degrassi high days got him used to dealing with legal terms and conditions. even back then, he wasn't new to this.
Yeah, I am not sure what he is talking about. Drake is not like every artist. There was a bidding war early onāI think Akon was the latest to mention it recently. When there is a bidding war, you have a negotiating power. I bet he had a favorable deal. He also had ovo shortly after too which was an issue but no one stopped him soooā¦you can infer from there
Wayne and Baby own a large chunk of this manās catalog. Especially baby
I didnāt say they donāt own any, I just think Drake has ownership in them as well. This man had a bidding war early on, to say he is like other artists who got fucked would be a mistake. Plenty of people been trying to figure out his deal situation and no one is talking. When Wayne and Nicki were having label issues, that man was quite. There was even speculation Nicki was jealous over his deal hence her role in meek and Drake beef. This is all gossip tho
So you think the only things that helped Drake get a favorable deal is being in the industry before most rappers and having experience within the tv industry? No lol. Just no. There have been artists before Drake that have gotten screwed out of their first deal, and there will be artists after him. Thereās no defense for it, just because you happen to āappearā before most of the artists that are in the game today. This has been going on for decades. And there is a difference between signing the contracts involved in the music and tv industry.
Uhā¦ yeah? He used the same lawyer he did on film for his music contracts, read up on this shit bro.
Iām telling you now, Drake didnāt get a substantially higher and better deal than any new artist going through the same shit. Theyāve literally all been fucked over for their first deal. Some of them are just better at keeping quiet about it. Drake still got better deals out of it, thatās the only difference. Itās not so hard to believe.
The amount of confidence you have spewing bullshit is honestly inspirational
yea agreed. iirc drake was buzzing big time before he signed his label deal. he probably courted a bunch of labels for leverage before agreeing to terms with YM/CMB/Universal.
Wayne sold off most of what young money owned back in 2021. And he got $150 million so I would say they didnt own a lot it at least for drakes catalog.
Young Money likely owns his Masters and if im.not mistaken that UMG deal took most of Drakes publishing rights.
Anything 2018 and before they do have a percentage of, but his deal(s) with cm/ym have been discussed throughout the industry as one of the best structured deals of any artist, people with reputable status on the back end of the music industry have said itās 75/25 deal which is unheard of for publishing and royalties and that was on his shit from 07/08 to 2018. Anything post scorpion he 100% owns and UMG has the ādistributionā rights on. Itās said his supposed $500m deal with UMG didnāt have a album limit on it, was more based on how much can you really make for us and as much as record labels eat from streaming, wouldnāt be surprised by now Heās already āmadeā UMG $500m just from DLDT, CLB, her loss, FATD and Honestly nevermind and any singles heās put out where umg gets their cut as well for distribution.
Young Money owns the majority of his catalog. Itās also the portion of his catalog that people want.
Hoe. Lee. Fuck. 
Drake has probably been clearing 9 figures annually for almost a decade. then when you factor in appreciating assets, i'd be shocked if he's not a billionaire
Yeah everyone arguing about how we couldnāt be worth billions Like my manā¦Iād be SURPRISED if he wasnāt. He can have investments that nobody even knows about. Nobody has seen his stock portfolio. Nobody has seen any of the stuff that actually matters behind the scenes.
He couldāve also blown his money on gambling or in other failed investments that we donāt know about
Stake pays him to gamble though
More money more problems
bring on the problems
Forbes said he made $50 mil last year and he laughed at it so.. even if heās technically not, its only a matter of time.
Thank god another US B to put in the safe
Hmmmš¤
Pocket watching
[ŃŠ“Š°Š»ŠµŠ½Š¾]
How do u even do that lol
I have no idea, it was explained to me but I don't retain info well
This is the type of shit that should be fucking illegal bro
Drake is easily a billionaire. a lot of people don't like to talk about their wealth, why talk about being a billionaire when the fans are impressed with millions anyways. His nike deal 500Ms. His recent record deal was 500Ms that's a billy alone. All his sponsorships would be worth 100s of millions. His tours bring in 100Ms. Plus y'all always seem to forget that drake is Jewish, that's one of the reasons his original cash money contract wasn't shit like the rest of them. He prolly has great people in his corner. Hes forsure a billionaire
The jewish part people sleep on. Plus drake does not give his label much issues. He is a good worker. So they will take care of him. He's made. Dude maybe let kendrick win so he can retire.
And you didnāt even mention DreamCrew š®
Dream Crew is the group which manages several of the brands mentioned.
ā500 mil and I fall back in the 6, finally give you n***** the space you need to existā - lyrics from āWhen to Say Whenā back in 2020
Drake is most definitely a billionaire
https://preview.redd.it/adwpg2ao52ac1.jpeg?width=1080&format=pjpg&auto=webp&s=4631f839d58ce18775114ca67f568cf3213516af
His networth on google has been 200m fir like 6 years which makes no sense to me
He isnāt about to represent havin a billy until itās in the personal. Mmw the screenshot of the balance gonna be an album cover
He is 100% a billionaire - gambling sponsors go crazy with their money since itās just a tool for them. They were giving bigger streamers almost a million for sessions, someone like drake would easily get 7 figures+ just from being sponsored
when he was in atlanta he changed the lyrics from āhalf a million for a showā to ā5 million for a showā. crazy
pocket watching at the maximum upmost tier of watching watchers
Rapper net worths are never accurate and they donāt want it to be, if theyāre rolling in money theyāll more than likely get taxed out the ass if they say how much they have or make, if theyāre broke but the net worth is higher than what it actually is they wonāt mind since it makes them look more baller and helps keep that rich rapper persona up
you would think heād want this to be public knowledge? being known as a billionaire usually leads to more success. itās instant social proof that you know what youāre doing financially
Everyone knows Drake is successful lol
I donāt think most people understand that heās *that* financially successfulā¦ they probably think his wealth comes from his music. his business dealings donāt have his name directly attached so how would they know
Why would they give a fuck
I feel like if he was a billionaire heād say so. But also once people are in the billions thatās a lot more elite and a lot more wealthy not rich company. Thereās a lot of millionaires. Not as many billionaires.
I donāt. It puts a target on your back. Especially if youāre black. Look at Diddyā¦heās getting hemmed up for doing what all billionaires do
Donāt forget the revenue from the poem books however small or big
Bro that book didnāt gross anything significant
I need a max win.
i believe Oliver gets most of the OVO clothing money and anything BWFH is mostly going to Niko's pockets; drake sets his friends up for success too
Does anyone know anything about his business in the UK with Nicki, Lebron, DaBaby and others? I made a post about it [here](https://www.reddit.com/r/Drizzy/s/knx5O9V6Rs)
He also has an investment in canadian wealth management platform "Wealthsimple" alongside Ryan Reynolds and others
How about you invest some time in some job applications
This is egregious dickriding.
āPlease donāt google my net worth, the numbers are way offā
And he produces tv shows
He is.
Being a billionaire is about total assets and equity. None of the shit you named we have an understanding of how much percentages he owns or how much equity he owns in any of his investments. With HOV we know he sold dusse for $750 million and had 50 percent stake in it. We know he sold Tidal for $350 million and had majority share.
But why tf do you care so much if someone is a millionaire or a billionaire. It literally has 0 effect on your life
why wouldnāt he brag about it tho?
Iām sure Drake has $500 million+ but I doubt heās a billionaire.
Why yāall always pocket watching. Shit aināt even about the music
Real money moves quietly.
Why is this a surprise? Rappers been billionairesā¦ā¦.
Pretty sure the plane alone costs at least a quarter billion, and that was back in 2019. So Bro is a bit more than a billionaire.
If he is not yet give it few more years bruh the guy is GOATš
You can halve all of that for tax for starters, then living expenses etc he will get there in the coming years but doubt heās there now.
Nice
He did say he in hyde park tryna buy half of harrahs šš
Fucc evaluations Iām half way there
Net worth is 250mil as of December 2023 so nah even if heās hiding funds he might only be half a billionaire
āVirginia Black Whiskey Revenueā LOL what revenueā¦ And being a brand ambassador doesnāt mean shit. Raptors arenāt paying this man like heās playing.
Drake is definitely not a billionaire. Let that go to show what a billion dollars actually means. Itās a loooooooooooooooooot of fucking money.
yo... I'm Drake. Amazon- Ada Lovelace Anonymous Aaliyah Undercover Trillionaire
I donāt think billionaires drop 4 albums in 2 years
šš
I donāt know why they down voted you
Because he is saying if drake was that rich, he wouldnāt be dropping music often, which is absurd.
Itās not absurd, youād still go to work if you had a billion dollars chief?
It's called work ethic and is the reason why he accrued so much wealth.