The Weeknd Net Worth (2020)- How He Made His Fortune

Ryan
By Ryan Williams
The Weeknd Net Worth
30 September 2020
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The Weeknd Net Worth: Abel Makkonen Tesfaye – aka ‘The Weeknd’  is a Candian singer, songwriter, and record producer who broke into the music industry by anonymously releasing his music through YouTube in 2010, with a net worth of $100 million.

It’s a fast-growth, fast-paced story of one of the most successful rappers on the planet.

Today, we’re going to be diving deep into The Weeknd’s incredibly successful career and oh yeah – fancy-schmancy lifestyle.

We’ll be looking at:

  • How ‘The Weeknd’ Made His Fortune
  • His House, Cars,
  • How He Likes To Splash His Cash
  • The Reason He Chose His Unusual Moniker – Sad, But True

Loads more…

It’s an interesting story – he’s super generous and donated cash to a college to help them start a course on the language of Ethiopia, his mother’s homeland which I thought was awesome.

Ready to go?

Let’s get started…

Who Is The Weeknd?

Gender: Male
Profession: Recording Artist and Record Producer
Date of Birth: February 16, 1990
Nationality: Canadian
The Weeknd Net Worth: $100 Million
Relationship Status: Single
Children: None
Last Updated: September 2020

Who Is The Weeknd

How Much Is The Weeknd Net Worth?

The Weeknd is a Canadian recording artist and record producer who has a net worth of a staggering $100 million from just a single full decade of working life. 

The Weeknd’s real name is Abel Makkonen Tesfaye. 

He’s one of the most recognized faces in the Hip-Hop/Rap/R&B genre.

His unique musical style sets him apart from other artists. 

He’s sold 70 million records in the United States alone…

… and has won many awards, including multiple Grammys.

Abel has also been involved in several entrepreneurial pursuits including collaborations with various brands – more of that in a sec.

He also has his own personal brand called “XO”. 

To this day The Weeknd is one of the most generously compensated performers on the planet. 

He earned $90 Million in 2017 alone.

I wonder how it felt having 90 million dollars in a year… nice work if you can get it!

Fee Range

An artist’s fee range is determined by a number of factors. Furthermore, may change without notice. 

Evaluating regularly changes as indicated by conditions, including the ability’s timetable, economic situations, length of the presentation, and the area of the occasion. 

Abel Makkonen Tesfaye has a booking fee ranging from 750,000 dollars to 1 million dollars. 

Fancy inviting him to your next party?

Better get saving up!

The Weeknd Worth

The Weeknd Business Ventures, Endorsements & Products

The Weeknd isn’t just a performer but he’s also collaborated with various companies to widen his business ventures.

He collaborated with ONE to give away limited-edition condoms at his shows.

Tesfaye collaborated with Pax Labs to release a limited edition version of the PAX 2 vaporizer to be used in shows during The Madness Fall Tour.

The superstar also announced a partnership with Puma, as a Global Brand Ambassador for the company’s “Run the Streets” campaign.

He also has his XO branded merchandise, which was furthered by a collaboration with H&M to present its Spring 2017 campaign.

In 2017, Abel Tesfaye began promoting and marketing a partnership with Marvel on Instagram.

And last but not least…

… he bought ownership in e-sports company OverActive Media Group, the owners of Splyce and Overwatch League Team – Toronto Defiant.

He’ll serve as the company’s global ambassador.

I’d say that’s some pretty smart investing to The Weeknd Net Worth.

The Weeknd Business

The Weeknd Music

The Weeknd started his career in 2010 while he was in high school. 

In the wake of dropping out… 

… he kept investigating his enthusiasm for music and delivered a free download called House of Balloons.

Little did he know that it would be the start of something great in his career. 

His songs became sensational and later gave him many hit numbers in the Billboard Hot 200.

Here are some of the best mixtapes, albums, and songs from The Weeknd:

House of Balloons

March 21, 2011

Thursday

August 18, 2011

Echoes of Silence

December 21, 2011

Kiss Land

May 16, 2013

Beauty Behind The Madness

August 28, 2015

Starboy

November 25, 2016

After Hours

March 20, 2020

Want to know more? Follow the Amazon links above to listen to The Weeknd’s hits.

The Weeknd Investments

Abel “The Weeknd” Tesfaye invested in OverActive Media, a parent company of Splyce and Overwatch League franchise Toronto Defiant, in April of 2019. 

He would also be the global ambassador of both its e-sport brands. 

Abel Tesfaye is a big fan of e-sports – so working with them was a very exciting proposition and he’s also enjoying his collaboration with OverActive Media.

Also, in 2016, he partnered with Puma to be the face of their “Run the Streets” SportStyle campaign and made a good addition to The Weeknd Net Worth.

The Weeknd Investments

The Weeknd Controversies & Litigation

The Weeknd vs. Random Police Officer

Tesfaye was arrested and sentenced to 50 hours of community service for punching a Las Vegas Police Officer in January of 2015.

Ouch!

The Weeknd vs. Cutting Edge Music

The Weeknd was sued by Cutting Edge Music for taking a line from a composition featured in The Machine in December of 2015 for use in “The Hills”.

The Weeknd and Daft Punk vs. Yasminah

The Weeknd and Daft punk were sued for allegedly stealing a rhythm from Yasminah, a singer-songwriter in September 2018. Tesfaye has denied these charges.

The Weeknd vs. William Smith, Brian Clover, and Scott McCulloh

Tesfaye was sued by the British Trio for plagiarizing their song “I Need to Love” in order to create his song “A Lonely Night“.

Oops… again…

How The Weeknd Spends His Money

The Weeknd Net Worth is a staggering net worth of $100 million dollars, The Weeknd has some pretty cool real estate and toys.

But what exactly does he spend his money on?

Abel has made some wise investments, he’s given to charities, and of course, he’s splashed out on the real estate and luxurious car collections to The Weeknd Net Worth.

The Weeknd Houses  

The Weeknd Houses 

Hidden Hills Compound worth $25 Million. This property has 9 bedrooms, 11 bathrooms, a basketball court, a swimming pool, and a cabana.

Flip. That’s a nice gaff.

The Weeknd Houses 

Los Angeles Penthouse worth of $21 Million. This is one of the most expensive penthouses ever sold in Los Angeles boasting four bedrooms and floor-to-ceiling glass windows.

Who wouldn’t want to live in one of those The Weeknd Net Worth properties? 

Now, let’s check some of The Weeknd’s toys.

The Weeknd Cars

The Weeknd Cars

The Weeknd and his McLaren P1.

The Weeknd Cars

McLaren P1

Blue Mulsanne Bumping New Edition

Cool wheels, Bro.

Fun Facts About The Weeknd

  1. Tesfaye once said that his stage name comes from the fact that he left high school and his family’s house “one weekend – and never came home.” Sad, but true.
  2. His lyrics deal with heavy emotional issues, and his music blends indie and electronic styles with R&B.
  3. He’s won multiple music awards over the course of his career. These include three Grammy Awards, eight Billboard 200 Awards, two Junos, and two American Music Awards. He was also nominated for an Academy Award.
  4. He began his career in 2010 – anonymously releasing his music to the world on YouTube. The Weeknd Net Worth increased every year.

The Weeknd Philanthropy

After being presented with a Bikila Award for Professional Excellence in 2014, Tesfaye gave $50,000 to the University of Toronto from The Weeknd Net Worth to help them start a course on Ge’ez, the classic language of Ethiopia.

He said that he was glad to help his old neighborhood by sharing the splendid, old history of Ethiopia.

In December 2015, he worked with Ryan Seacrest‘s foundation to visit a Children’s Hospital in Atlanta

In June 2017, Tesfaye donated $100,000 to the Suubi Health Center, a maternity and children’s medical facility in Budondo, Uganda from The Weeknd Net Worth. 

In April 2020, Tesfaye relaunched his record mark XO’s well-known line of non-clinical fabric face veils with an end goal to fund-raise for MusiCares Coronavirus Relief Fund. – a campaign launched by the Grammys to help musicians affected by the COVID-19 pandemic.

On August 7, 2020, Tesfaye held an intuitive virtual show on TikTok, The Weeknd Experience, to raise assets for the Equal Justice Initiative.

It’s great to hear there are such kind people out there who help others in times of need. 

Now, let’s hear what lessons The Weeknd can teach us from his life.

3 Lessons From The Life of The Weeknd

  1. Do what makes you happy.
  2. Embrace who you are.
  3. Be strong.

Frequently Asked Questions (FAQ’s)

Does The Weeknd have a P1?

Yes, The Weeknd owns a P1 and Aventador SV! All his cars are seen in the music video for his new single, and the P1 is even taken for a spin on Los Angeles’ Mulholland Drive

Does The Weeknd have tattoos?

The Weeknd doesn’t have any noticeable tattoos yet fans have been known to get their own “XO” image inked in help.

What is The Weeknd Net Worth?

The The Weeknd Net Worth is $100 Million.

What type of music does The Weeknd make?

The Weeknd is one of the most recognized faces in the Hip-Hop/Rap/R&B genre.

How much is The Weeknd Net Worth 2020?

The The Weeknd Net Worth 2020 is $100 Million.

Summary: The Weeknd Net Worth

So there you have it, I’m sure you’ll agree, The Weeknd has had one hell of a career.

My biggest takeaway from this is that he never forgets where he came from and has done his best to spread awareness of his native language.

But I also particularly liked how he invested his money on stocks and properties – super wise guy.

I’m sure there’s a lot we can learn both from his mistakes and his successes.

I hope you enjoyed this article – you might also want to check out The Weeknd’s Bounce Mojo Bio, and the best The Weeknd memes.

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