The Weeknd, whose real name is Abel Tesfaye, is a Canadian singer-songwriter, record producer, and actor who has experienced immense commercial success since his debut. His growing fame and success as an artist have allowed him to build a substantial net worth. In this article, we will examine the current net worth of The Weeknd and how he accumulated such wealth throughout his career.
About Weeknd
Abel Makkonen Tesfaye is a Canadian singer, songwriter, and actor, professionally known as the Weeknd (born February 16, 1990). His music, known for its sonic versatility and dark lyricism, explores escapism, romance, and melancholy, frequently inspired by personal experiences. Four Grammy Awards, one Latin Grammy Award, twenty Billboard Music Awards, seventeen Juno Awards, six American Music Awards, two MTV Video Music Awards, and Academy Award and Primetime Emmy Award nominations are among his many honors.
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What is The Weeknd’s Net Worth?
| Name | Abel Makkonen Tesfaye |
| Net Worth (2022) | $310 Million |
| Profession | Singer-songwriter, record producer |
| Monthly Income And Salary | $3 Million + |
| Yearly Income And Salary | $30 Million + |
| Last Updated | 2022 |
According to Celebrity Networth, the Weeknd is a recording artist and record producer from Canada. The Weeknd has a $300 million net worth. After entering the music industry through YouTube, The Weeknd is now one of the most recognizable faces in Hip-Hop/Rap/R&B, and his distinctive musical style distinguishes him. He has sold over 70 million records in the United States and received numerous accolades, including multiple Grammy Awards. The Weeknd has also engaged in various entrepreneurial endeavors outside of music. This includes collaborations with several brands and the creation of his brand, XO.
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The Weeknd: Profession and Honors
The Weeknd began his professional career in 2010. He used to conduct business from the apartment where he lived with his friends. He once uploaded videos to YouTube, where he gained a respectable reputation and success. Before launching his record label in 2011 and naming it XO, he published his work on various online platforms for two years. Subsequently, he released three consecutive mixtapes, which propelled him into the mainstream media.
Ya termino la presentación de abel pero la verdad fue un gusto ver a #TheWeekend junto a Swedish house mafia en #Coachella presentando sus canciones. 🎧🎶
Valió totalmente la desvelada aunque muchos mañana entremos temprano a la escuela o trabajo… 🤣🤣 #Coachella2022 pic.twitter.com/NwfUZeDGNs— Gabriel UG. (@Gabo0marUg) April 18, 2022
He signed a record deal with Republic Records in 2012. After signing Republic Records, he released Trilogy, a compilation album containing three mixtapes. Kiss Land, his debut studio album, introduced the concept of darkwave. Later, he contributed significantly to numerous films, including the most notable Earned It, for which he won Grammy Awards. His second album, Beauty Behind the Madness, was an enormous success, topping the US Billboard 200 chart and becoming the year’s best-selling album. The Weeknd has received so many honors and awards that they must be compiled.
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The Weeknd- Studio albums
- Kiss Land (2013)
- Beauty Behind the Madness (2015)
- Starboy (2016)
- After Hours (2020)
- Dawn FM (2022)
Business Ventures
The Weeknd has partnered with condom manufacturers, e-cigarette producers, and Marvel. In addition, he is one of the “faces” of Apple Music and a brand ambassador for Puma. Additionally, The Weeknd is heavily involved in fashion and sells his own “XO”-branded merchandise. He has also worked with companies like A Bathing Ape and designers like Alexander Wang. The Weeknd is an investor in the esports media company OverActive Media Group.
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Real Estate
The Weekend acquired a Los Angeles penthouse overlooking the Beverly Hills Country Club for $21 million in December 2019. The monthly HOA fee for the building is $6,800. Before settling in Los Angeles, he rented a triplex penthouse in New York City for $60,000 per month.
The Weeknd previously owned a three-acre estate in Hidden Hills, California, which he purchased in June 2017 for $18 million. In June 2020, he placed this property on the market for $25 million. He sold the home to Madonna for $20 million in April 2021.
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The Wall Street Journal reported in August 2021 that The Weeknd purchased a mansion in the Los Angeles neighborhood of Bel Air for $70 million. The 33,000-square-foot residence, which was acquired in an off-market transaction, is situated on 1.6 acres and overlooks the Bel-Air Country Club. The property features an indoor swimming pool, a sports court, a movie theatre, a fitness center, and an outdoor swimming pool.
Highlights
Here are some of the best highlights of The Weeknd’s career:
- BET Awards – Centric Award (2015)
- American Music Awards – Favorite Soul/R&B Male Artist (2015)
- Billboard Music Awards – Top Streaming Song (Audio), (2016)
- People’s Choice Awards – Favorite R&B Artist (2016)
- Grammy Awards – Best R&B Performance (2016)
- iHeartRadio Music Awards – R&B Artist of the Year (2017)