| Net Worth: | $300.0 Million |
|---|---|
| Age: | 33 |
| Born: | Feb 16, 1990 |
| Gender: | male |
| Height: | 5 ft 8 in (1.73 m) |
| Country of Origin: | Canada |
| Source of Wealth: | Songwriter, Record producer, Singer, Music artist |
| Last Updated: | 2023 |
TABLE OF CONTENTS
Introduction
Abel Makkonen Tesfaye, known professionally as The Weeknd, is a Canadian recording artist, songwriter, and record producer. With a net worth of around $300 million, The Weeknd has become one of the most recognized faces in the music industry. His unique musical style, blending elements of hip-hop, rap, and R&B, has set him apart from other artists.
The Weeknd’s Net Worth, Career, and Success Story (2023 Update)
Early Life
The Weeknd, born Abel Makkonen Tesfaye, on February 16, 1990, in Toronto, Ontario, had a challenging upbringing. Raised by his mother and grandmother after his parents separated, he faced the absence of his father throughout his childhood. Despite attending high school, he dropped out before his final year and began experimenting with drugs at a young age.
Career
The Weeknd’s career began when he met producer Jeremy Rose, who saw his potential as a figurehead for the emerging “dark R&B” movement. After uploading his songs to YouTube, The Weeknd quickly gained a significant following, catching the attention of fellow Canadian artist Drake.
His debut mixtape, “House of Balloons,” was a massive success and led to collaborations with major record labels.
Over the years, The Weeknd released several successful albums, including “Trilogy,” “Kiss Land,” “Beauty Behind the Madness,” and “Starboy.” He has collaborated with renowned artists such as Drake, Ariana Grande, and Daft Punk, further solidifying his presence in the music industry.
Earnings
The Weeknd’s success in the music industry has translated into substantial earnings. During a touring year, he can earn up to $90 million before taxes. Between June 2017 and June 2018, he earned a staggering $90 million, followed by $40 million between June 2018 and June 2019.
Business Ventures
Aside from his music career, The Weeknd has ventured into various entrepreneurial pursuits. He has collaborated with brands such as Puma, Apple Music, and Marvel. The Weeknd also owns his own record label, XO, and has released his own branded merchandise.
Additionally, he has invested in the esports company OverActive Media Group and partnered with TD Bank to launch Black HXOUSE.
Personal Life
The Weeknd’s personal life has been the subject of public interest. He has been romantically linked to models Bella Hadid and Selena Gomez. Despite his fame, The Weeknd has remained grounded and has used his success to give back. He has made significant donations to various charitable causes, including relief efforts in Ethiopia and the United Nations World Food Programme.
Real Estate
The Weeknd has invested in luxurious properties, including a penthouse in Los Angeles and a mansion in Bel Air. He has also sold properties, such as his three-acre estate in Hidden Hills, California, which he sold to Madonna.
Summary
The Weeknd’s net worth of approximately $300 million reflects his immense success in the music industry. From his humble beginnings to becoming one of the most recognized artists globally, The Weeknd’s unique musical style and entrepreneurial ventures have contributed to his financial success.
With numerous awards and collaborations under his belt, The Weeknd continues to captivate audiences with his talent and creativity.
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