• 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.

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

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Rick Madonik/Toronto Star/Getty Images

Source: Forbes

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

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Joe Scarnici/Getty Images

Source: Forbes

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

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Prince Williams/Contributor/Getty Images

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.

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John Salangsang/AP

Source: Forbes

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

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Steve Russell/Contributor/Getty Images

Source: Forbes

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

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Reuters

Source: Forbes

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

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champagnepapi/Instagram

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."

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October's Very Own/Instagram

Source: Business of Fashion

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.

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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.

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George Pimentel/Contributor/Getty Images

Source: Vox , Business of Fashion

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.

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OVO Blog

Source: Business of Fashion

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

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David Becker/Getty Images

Source: Biography

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

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Reuters

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.

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George Pimentel/Contributor/Getty Images

Source: Business Of Fashion

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

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Courtesy of GOAT

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.

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October's Very Own/Instagram

Source: Business Of Fashion

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

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Google Maps

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.

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Google/USGS

Source: Variety , Architectural Digest , Curbed

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

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Google/USGS

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.

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Karwai Tang/Contributor/Getty Images

Source: Variety , Architectural Digest , Curbed

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

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Saturday Night Live/YouTube

Source: Saturday Night Live

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

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AP Images

Source: Biography

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.

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champagnepapi/Instagram

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.

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champagnepapi/Instagram

Source: Billboard

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.

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Tom Szczerbowski/Getty Images

Source: City News Toronto , TIME

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

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Reuters

Source: Hardwood Diagnostic , City News Toronto

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."

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Nick Turchiaro/Reuters

Source: Hardwood Diagnostic , City News Toronto

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

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champagnepapi/Instagram

Source: Instagram

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

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John E. Sokolowski/Reuters

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...

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Toronto Raptors/YouTube

Source: USA Today , Toronto Raptors

...and they have.

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Dan Hamilton/Reuters

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.

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Mark Blinch/Reuters

Source: City News Toronto

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

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Toronto Raptors/YouTube

Source: City News Toronto

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

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Steve Russell/Contributor/Getty Images

Source: Complex

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

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Kyle Terada/Reuters

Source: TIME

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

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Vaughn Ridley/Contributor/Getty Images

Source: TIME

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.

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Getty/Ronald Martinez

Source: Bleacher Report

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

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Chris Trotman/Getty

Source: TIME , SB Nation , Heat Nation

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

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Kevin C. Cox/Getty Images

Source: TIME , SB Nation , Heat Nation

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

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Mike Ehrmann/Getty Images

Source: TIME , SB Nation , Heat Nation

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

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Drake/YouTube

Source: Reuters

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

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Drake/YouTube

Source: Miami Herald

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 ..."

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Drake/YouTube

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 ...

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Drake/YouTube

Source: Miami Herald

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

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Drake/YouTube

Source: Miami Herald

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

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Drake/YouTube

Source: Miami Herald

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

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Drake/YouTube

Source: Miami Herald

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

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Drake/YouTube

Source: Miami Herald

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

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Drake/YouTube

Source: Miami Herald

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

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Drake/YouTube

Source: Miami Herald , Drake YouTube

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.

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Tom Szczerbowski/Stringer/Getty Images

Source: TMZ , People , Hollywood Life , Hypebeast

Drake hasn't been without his share of controversies. When fellow rapper Pusha T announced to the world that Drake, in fact, did have a son, it made headlines. He also called out Drake for wearing blackface on one of his album covers.

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Gregory Shamus/Getty Images

Source: CNN , Reuters

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.

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Sophie B./Instagram

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.

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John E. Sokolowski/Reuters

Source: Kulture Hub , Biography , Forbes

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