The Weeknd Net Worth :From Enigmatic Beginnings to Global Superstardom

The Weeknd Net Worth :From Enigmatic Beginnings to Global Superstardom


The Weeknd Net Worth :From Enigmatic Beginnings to Global Superstardom

The Weeknd Net Worth :From Enigmatic Beginnings to Global Superstardom In the ever-evolving landscape of the music industry, where artists rise to fame and fortune, one name has not only captivated the world with his mesmerizing voice but has also amassed a staggering wealth—The Weeknd. Born Abel Makkonen Tesfaye, this Canadian singer, songwriter, and record producer has become a global sensation, leaving an indelible mark on the music scene. In this blog post, we will delve into the mystique of The Weeknd’s net worth, exploring the factors that contribute to his financial success and the magnitude of his impact on the industry.

The Weeknd Net Worth :From Enigmatic Beginnings to Global Superstardom


Early Life

The Weeknd’s real name is Abel Makkonen Tesfaye, and he was born on February 16th, 1990. He grew up in Toronto, Ontario, and was raised by his mother and his grandmother after his parents separated. The Weeknd is of Ethiopian heritage, and his parents emigrated to Canada in the late ’80s. Tesfaye’s father was not involved in his life during his childhood, and the two only saw each other once or twice. Religion had a large influence on Tesfaye’s early years, and he frequently attended the Ethiopian Orthodox Church. Despite his religious involvement, Abel Tesfaye starting using drugs at age 11. What started as a marijuana smoking habit later grew into a reliance on harder drugs, and Tesfaye claims that he committed crimes to fund his addiction. Although he attended high school, he didn’t graduate, as he dropped out before his final year.

Early Career

Tesfaye stated that his stage name comes from the fact that he left high school and his family’s house “one weekend and never came home.”

Three years after he left high school, he ran into a producer called Jeremy Rose. Rose had been playing with the idea of creating “dark R&B” for some time and saw Tesfaye as a perfect figurehead to lead the movement. Rose produced a number of songs that Tesfaye rapped on. At this point, the musician was using monikers like “Kin Kane” and “The Noise.” Rose gave Tesfaye permission to use the songs on the condition that he would be credited as a producer. Tesfaye then uploaded the tracks to YouTube, and he quickly gained a considerable following – even drawing the attention of Drake.

The Weeknd’s first major release was a mixtape called House of Balloons. The album included tracks made with the help of a range of producers, including Jeremy Rose, although he was not credited as per the previous agreement. The album was a massive success, and once again Drake voiced his praise for the artist. Drake also attended The Weeknd’s first concerts and later approached him with a plan to collaborate. The two Canadian artists then toured together, with The Weeknd typically performing the opening act for Drake. After The Weeknd released two more mixtapes, he was approached by several major record labels who wanted to sign him.

Chart-Topping Success:

The Weeknd’s commercial breakthrough came with his 2015 album, “Beauty Behind the Madness.” Featuring hits like “Can’t Feel My Face” and “The Hills,” the album catapulted him into mainstream success, earning him Grammy Awards and multi-platinum certifications. Subsequent albums, including “Starboy” (2016) and “After Hours” (2020), continued to dominate charts globally. The Weeknd’s ability to reinvent his sound while maintaining a unique aesthetic has contributed to his sustained success and financial prosperity.

Lucrative Endorsements and Collaborations:

Beyond his musical endeavors, The Weeknd has strategically ventured into partnerships and collaborations that have significantly boosted his net worth. High-profile endorsements with brands like Puma and H&M have added to his earnings, while collaborations with fellow artists, such as Drake, Ariana Grande, and Kendrick Lamar, have expanded his reach and appeal.

Epic Live Performances:

The Weeknd’s prowess extends beyond the recording studio, evident in his unforgettable live performances. His halftime show at Super Bowl LV in 2021, for example, showcased his theatrical flair and ability to captivate massive audiences. Such high-profile performances not only solidify his status as an entertainment icon but also contribute to his overall financial success.

Film and Television Ventures:

In addition to conquering the music world, The Weeknd has ventured into the realms of film and television. His involvement in the 2019 film “Uncut Gems” and his role as the creative force behind the 2021 HBO series “The Idol” demonstrate his versatility and potential for lucrative ventures beyond the music industry.

Net Worth and Impact:

The Weeknd is a Canadian recording artist and record producer. The Weeknd has a net worth of $300 million. After breaking into the music industry through YouTube, today The Weeknd is one of the most recognized faces in the Hip-Hop/Rap/R&B genre, and his unique musical style sets him apart. He has has sold more than 70 million records in the United States alone, and he has won many awards, including multiple Grammys. Outside of music, The Weeknd has also been involved in various entrepreneurial pursuits. This includes collaborations with various brands and the creation of his own personal brand called “XO.”

Today The Weeknd is one of the highest paid entertainers in the world. In a given year when he is touring, The Weeknd can easily earn $90 million before taxes.


Between June 2017 and June 2018 he earned a staggering $90 million. Between June 2018 and June 2019, The Weeknd earned $40 million from his various endeavors.

Musical Style

The Weeknd Musical Style
The Weeknd Musical Style

The Weeknd is a singer, although he’s “grouped in” with other rap and hip-hop artists. His influences include singers like Michael Jackson and Prince. His lyrics deal with heavy emotional issues, and his music blends indie and electronic styles with R&B.

Business Ventures

The Weeknd has collaborated with condom companies, e-cigarette manufacturers, and Marvel. He is also one of the “faces” of Apple Music, and he has acted as a brand ambassador for Puma. The Weeknd is also heavily involved with fashion and sells his own “XO” branded merchandise. He has also collaborated with brands such as A Bathing Ape and designers such as Alexander Wang. The Weeknd owns shares in esports company OverActive Media Group.

In August 2020, he partnered with TD Bank to launch Black HXOUSE to serve as a sleeping partner. In March 2021, The Weeknd auctioned off visual artwork and an unreleased song in the form of an NFT on Nifty Gateway. He then joined Tom Brady’s NFT platform Autograph as a member of the board of directors in October 2021.

Personal Life

The Weeknd started dating well-known model Bella Hadid in 2015. Citing scheduling conflicts due to their hectic lifestyle, they split in 2016. He also dated Selena Gomez for a spell in 2017, and the couple lived together for a brief period before splitting up. In 2018, The Weeknd returned to Bella Hadid once again, but their pair separated in 2019 for the second time.

In April 2023, The Weeknd revealed that he has attention deficit disorder (ADHD) in an interview with Interview Magazine.

The Weeknd has been known for giving back through many philanthropic ventures over the years, including a $1 million donation in April 2021 through the United Nations World Food Programme (WFP) to relief efforts in Ethiopia for people affected by the Tigray War. In March 2022, he partnered with the WFP to launch the XO Humanitarian Fund through which he donated $1 from every ticket sold at his After Hours til Dawn Tour in addition to his $500,000 donation.

Real Estate

In December 2019 The Weeknd purchased a penthouse in Los Angeles overlooking the Beverly Hills Country Club for $21 million. The building’s monthly HOA fee is $6,800. Before putting down roots in LA he had been renting a triplex penthouse in New York City that cost $60,000 per month.

The Weeknd previously owned three-acre estate in Hidden Hills, California which he picked up for $18 million in June 2017. In June 2020 he listed this property for sale for $25 million. He sold the home in April 2021 to Madonna for $20 million.

In August 2021 the Wall Street Journal reported that The Weeknd had paid $70 million for a mansion in Los Angeles’ Bel Air neighborhood. The 33,000 square foot house, which sold in an off-market deal, sits on 1.6 acres overlooking the Bel-Air Country Club. The property features an indoor pool, sports court, movie theater, gym, music studio and outdoor pool.


He was arrested in 2015 for assaulting a police officer in Las Vegas. He was sentenced to 50 hours of community service.


The Weeknd has won multiple awards over the course of his career. These include four Grammy Awards, a Latin Grammy Award, 20 Billboard Awards, 22 Junos, six American Music Awards, and two MTV Video Music Awards. He was also nominated for some Academy Awards and a Primetime Emmy Award.