KEY POINTS

  • Kanye West earned $170 million in 2020
  • Drake earned $49 million
  • West officially became a billionaire after profits from Yeezy sales kicked in

Kanye West and Drake go head to head more often than not when it comes to music, style, fashion, business empire and album releases. But who is the wealthier rapper?

Kanye West is number 2 on the Celebrity 100 list of Forbes with $170 million earnings in 2020. The only person who earned more than him is his sister-in-law Kylie Jenner with $590 million. On the other hand, Drake landed on the 49th spot with $49 million. These two have amassed their wealth by leveraging their success in music and influence into fashion and other ventures.

Born Aubrey Drake Graham, the rapper actually started as a child actor in the drama “Degrassi: The Next Generation.” The Toronto, Canada native reportedly earned $50,000 per year for doing the series. He started using the name “Drake” and released his first mixtape in 2005. Lil Wayne heard of Drake’s work and invited him to perform in his Tha Carter III tour, per Celebrity Net Worth. He released the album "Thank Me Later” in 2010 and it reached number 1 on the music charts in Canada and the U.S.

Kanye West
Kanye West is seen in New York in November 2019. AFP/Angela Weiss

Meanwhile, West is now more focused on business ventures, collaborating with fashion brands and launching his own line of clothing and shoes. He is a self-proclaimed billionaire but critics doubted him. This year, with the royalty from Adidas from selling Yeezys kicking in, it looks like the rapper has indeed become a billionaire, the first rapper to achieve the feat. In June, Gap and West signed a deal that would only increase the rapper’s influence in the fast fashion industry.

The “God’s Plan” hitmaker is also busy building his fashion empire. He launched his October’s Very Own (OVO) and collaborated with Jordan brand. Moreover, his team was responsible for the Toronto Raptors’ “We The North” campaign.

Like any other multimillionaire artists, the two influential rappers like to spend money on properties and luxury cars. The husband of Kim Kardashian owns a $60 million mansion in Hidden Hills, California and a Wyoming ranch. The Canadian rapper drives Continental GTC W12, Ferrari LaFerrari, and Lamborghini Aventador Roadster, among others. Drake also has several properties in Hidden Hills.

As to who is wealthier between the two, Kanye West has the upper hand for now, but Drake may not be too far behind, especially if he continues having wise investments and lucrative collaborations.

West is reportedly running for president in the 2020 elections. If he can pull it off, that would be another feather in his already decorated cap.