We will delve into The Weeknd net worth, which is interesting for fans and industry insiders. A Canadian singer, songwriter, and music producer; he is known for his R&B and pop music. From his Starboy tours to his significant investments, he has made a name for himself among the top entertainers.
Let’s explore how his wealth was built, from digital streaming to ventures beyond the music industry.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Abel Makkonen Tesfaye |
| Popular Name | The Weeknd |
| Net Worth | $300 million |
| Salary | $90 million |
| Birth Date | February 16, 1990 |
| Birthplace | Scarborough, Toronto, Canada |
| Gender | Male |
| Height | 1.73 m |
| Parents | Makkonen Tesfaye, Samrawit Hailu |
| Siblings | N/A |
| Marital Status | Single |
| Wife/Spouse | N/A |
| Dating | Bella Hadid (ex), Selena Gomez (ex) |
| Children | N/A |
| Education | West Hill Collegiate Institute |
| Profession | Singer, Songwriter, Record Producer |
| Nationality | Canadian |
What is The Weeknd Net Worth in 2024?
The Weeknd net worth in 2024 is estimated at $300 million, thanks to his successful music career, record-breaking tours, and smart investments. He ranks among the wealthiest artists, alongside:
- Drake – $250 million
- Justin Timberlake – $250 million
- Ariana Grande – $230 million
- Madonna – $850 million
While his wealth isn’t at Madonna’s level, he has surpassed many other artists, securing his place among music icons.
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The Weeknd Finance Overview
Wealth
The Weeknd’s career took off in 2009 when he started uploading songs anonymously on YouTube. His release of House of Balloons helped him gain attention, and since then, his record sales and hits have skyrocketed his wealth. Collaborating with artists like Daft Punk and Ariana Grande has further expanded his success.
Streaming and Digital
He is a true streaming giant in the music world. His hits like Blinding Lights have shattered records on platforms such as Spotify, making him one of the most-streamed artists globally. Tracks like Can’t Feel My Face kept him at the top of the charts for years, ensuring his place in music history.
The revenue from these digital streams has been a major contributor to his ongoing financial success, offering him steady income from his music.
Tours
Touring has become one of The Weeknd’s most important sources of income. With Starboy and After Hours tours, he draws massive crowds, earning millions with each performance.
His live shows are known for their elaborate productions and impressive attendance, helping him connect with fans worldwide. In some years, his tours have generated as much as $90 million, cementing his position as a top live performer.
Brand Partnerships
He has built successful partnerships with well-known brands like Apple Music, Marvel, and Puma, which have not only raised his profile but also boosted his income. These collaborations have helped him reach broader audiences and open up new revenue streams.
Investments
The Weeknd has made smart real estate investments, purchasing high-value properties such as his Bel-Air mansion and a sprawling estate in Hidden Hills. These properties not only increase his personal wealth but also serve as valuable assets.
He also made a major profit by selling his Los Angeles penthouse for $19 million, showing his talent for making profitable property deals.
Business Ventures
In addition to his music career, he owns his own label, XO, which gives him complete control over his music rights, royalties, and long-term revenue. His entrepreneurial spirit doesn’t stop there; he has invested in ventures like OverActive Media, an esports company, showcasing his business savvy and ability to expand beyond music into different industries.
Philanthropic
The Weeknd is highly regarded for his charitable efforts, generously supporting causes such as the World Food Programme and the XO Humanitarian Fund. His donations help provide food and aid to those in need around the world.
These philanthropic actions not only make a positive impact on global communities but also enhance his reputation and influence as a socially responsible artist.
The Weeknd Early Life
The Weeknd, born Abel Makkonen Tesfaye on February 16, 1990, grew up in Toronto, Canada. He was raised by his mother and grandmother in the Scarborough area. His parents were Ethiopian immigrants, and he had a strong connection to his Ethiopian Orthodox roots, which influenced his music style.
Abel faced many challenges growing up, including struggles with addiction. He dropped out of high school at 17 and turned to music as an escape. His early experiences shaped the deep and emotional lyrics that later made him famous.
Even though life was tough, he channeled his hardships into creating a unique sound that would eventually take the world by storm.
The Weeknd Personal Life
The Weeknd’s personal life has been a topic of interest for many fans and the media. His on-and-off relationship with supermodel Bella Hadid attracted a lot of attention, as did his brief romance with singer Selena Gomez. While his relationships have been public, he is known to keep most details of his personal life private.
He has strong friendships with fellow musicians like Drake, who helped him get started in the industry. Despite his fame, he focuses more on his philanthropy and often stays out of the spotlight when it comes to personal matters.
He’s deeply committed to giving back, especially through his XO Humanitarian Fund. He continues to prioritize his family and close connections while also working hard on his career and charitable causes.
Social Media
Instagram: https://www.instagram.com/theweeknd/
Facebook: https://www.facebook.com/theweeknd/
Twitter: https://twitter.com/theweeknd
FAQs about The Weeknd
How did The Weeknd start his music career?
He began by uploading songs anonymously on YouTube in 2009, which quickly caught the public’s eye and led to the release of his debut mixtape, House of Balloons.
What are The Weeknd’s most famous songs?
Some of his biggest hits include Blinding Lights, Starboy, and Can’t Feel My Face. These songs have reached millions of listeners worldwide.
Which artists has The Weeknd collaborated with?
He has worked with artists like Ariana Grande, Daft Punk, Drake, and Kendrick Lamar, expanding his reach even further.
What business ventures does The Weeknd own?
He owns his own music label, XO, and has invested in OverActive Media, an esports company, among other ventures.
How does The Weeknd contribute to charity?
He is heavily involved in philanthropy, especially with the World Food Programme and the XO Humanitarian Fund, helping food security efforts and supporting areas in need.
Conclusion
His success is an inspiration to many young artists, proving that with talent and perseverance, any dream can come true, turning The Weeknd net worth into a dream number.
If you’re inspired by his financial journey, feel free to leave a comment or explore more celebrity profiles on Star Earnings Watch.
