The Weeknd Net Worth, Career + Full Bio (2024 Updated)

Canadian singer, songwriter, and record producer Abel Makkonen Tesfaye, known professionally as The Weeknd, has a net worth of $300 million in 2024.

He first gained recognition for his mixtapes in 2010 before signing with Republic Records and releasing his debut studio album, Kiss Land, in 2013.

The Weeknd quickly rose to fame with hits like “Can’t Feel My Face,” “Earned It,” and “The Hills.” His trilogy of mixtapes titled House of Balloons, Thursday, and Echoes of Silence was later packaged together as the compilation album Trilogy (2012), which was certified platinum by the RIAA.

His second studio album, Beauty Behind the Madness (2015), became a commercial and critical success with hit singles “I Can’t Feel My Face” and “The Hills,” reaching number one on the US Billboard Hot 100 chart.

In 2016, he released his third studio album, Starboy, which received widespread acclaim and spawned the chart-topping title single.

In addition to his music career, The Weeknd has also ventured into acting with roles in the movies Uncut Gems (2019) and The After Party (2018). He has won numerous awards, including three Grammy Awards, six American Music Awards, nine Billboard Music Awards, and five MTV Video Music Awards.

In 2017, Forbes named him one of hip hop’s wealthiest artists, with a net worth of $92 million. This number has only grown since then as The Weeknd continues to dominate the music industry with hit songs and sold-out tours.

Outside of music, The Weeknd is known for his notable investments in companies like Tesla and Virgin Galactic.

He is also an active philanthropist, donating to organizations such as the NAACP Legal Defense Fund, Black Lives Matter, and the MusiCares COVID-19 Relief Fund.

With a flourishing career and savvy business moves, it’s no surprise that The Weeknd’s net worth continues to rise each year.

The Weeknd Net Worth and Wiki (2024)

Full Name	Abel Makkonen Tesfaye
Net Worth	$300 million
Date of Birth	February 16, 1990
Place of Birth	Toronto, Ontario, Canada
Height	5 ft 8 in
Education	West Hill Collegiate Institute
Religion	Agnostic
Nationality	Canadian
Ethnicity	Ethiopian
Marital status	Unmarried
Children	None
Profession	Singer, songwriter, actor, record producer
Genre	R&B, pop, alternative R&B
Labels	XO, Republic
Associated acts	Drake, Ed Sheeran, Kendrick Lamar
Notable Investments	Tesla, Virgin Galactic
Awards	3 Grammy Awards, 6 American Music Awards, 9 Billboard Music Awards, 5 MTV Video Music Awards
Years active	2010–present

Net Worth

As of 2024, The Weeknd’s net worth is estimated to be $300 million. He earned his fortune through his successful music career, tours, and business ventures.

In addition to earning millions from record sales and streaming royalties, The Weeknd also brings in a hefty sum from touring. His 2018-2019 “Starboy: Legend of the Fall” tour alone grossed over $100 million, with over 1 million tickets sold worldwide.

The Weeknd has also made savvy investments in companies like Tesla and Virgin Galactic, further boosting his wealth.

In 2017, he became a partner and advisor for Puma as part of their relaunch campaign for their basketball line.

He has also launched his merchandise line and XO branded collaborations with brands like BAPE and H&M.

Overall, The Weeknd’s successful music career and savvy business moves have contributed to his impressive $300 million net worth in 2024.

Also Read: Phil Collins Net Worth, Career & Full Bio

Early Life and Education

When we talk about his early life, The Weeknd was born and raised in Toronto, Canada, to Ethiopian immigrant parents.

He had a difficult childhood, often being left alone for long periods with little supervision or stability.

His mother worked several jobs to support the family while his father struggled with substance abuse issues.

At an early age, he became interested in music and practiced singing and playing instruments like piano and drums.

After dropping out of high school at 17, he focused on developing his music career under the stage name “The Weekend.”

He started by posting his self-released songs on YouTube before eventually uploading them onto streaming platforms such as SoundCloud.

In 2010, he released three mixtapes – House of Balloons, Thursday, and Echoes of Silence – that gained attention from both fans and music critics.

During his childhood, he also became interested in drug use which he has been open about and has struggled with throughout his career.

Thus, we can say that his difficult upbringing and early experiences with drugs have heavily influenced his music, often featuring themes of substance abuse and heartbreak.

Career

In 2011, The Weeknd signed to Republic Records and released his fourth mixtape, Echoes of Silence, followed by a compilation album, Trilogy, in 2012.

Both projects were met with critical acclaim and helped launch his career as an R&B artist.

In 2013, he released his debut studio album Kiss Land which received positive reviews from critics but underperformed commercially.

However, his follow-up album Beauty Behind the Madness (2015) became a massive success with hits like “Can’t Feel My Face” and “The Hills” reaching number one on the US Billboard Hot 100 chart.

In 2016, he released Starboy, which featured collaborations with artists like Daft Punk and Lana Del Rey.

The title single became another chart-topping hit and earned him two Grammy Awards in 2018. In addition to his solo music career, The Weeknd has also collaborated with other artists like Kendrick Lamar, Future, and Ariana Grande.

He has also made appearances on television shows such as American Dad! and Family Guy.

Outside of music, The Weeknd has expanded its brand with merchandise lines and partnerships with major brands like Puma and H&M.

In 2019, he made his acting debut in the film Uncut Gems.

Through his successful music career and business ventures, The Weeknd continues to rise as a powerhouse musician with a net worth of $300 million in 2024.

Despite facing challenges during his childhood, he has used those experiences to propel himself into stardom while also using his platform to shed light on important social issues such as substance abuse and mental health.

Also Read: Jack Nicholson Net Worth, Personal Life & All

Collaborations and Business Ventures

The Weeknd has also collaborated with numerous other artists throughout his career, ranging from fellow chart-toppers like Kendrick Lamar and Ariana Grande to electronic duo Daft Punk.

In addition to music collaborations, The Weeknd has expanded his brand through business ventures, including merchandise lines and partnerships with major companies like Puma and H&M.

In 2019, he made his acting debut in the film Uncut Gems alongside Adam Sandler. With such a diverse range of collaborations and business ventures, The Weeknd continues to cement his status as a successful musician and entrepreneur.

Personal Life

The Weeknd has been in a high-profile relationship with singer Selena Gomez since 2017, and the couple has made numerous red-carpet appearances together.

Aside from his romantic relationships, The Weeknd has also been vocal about his struggles with substance abuse and mental health.

In an interview with Rolling Stone, he stated that he had quit using drugs after experiencing “bad trips” while on hallucinogens.

He is also active in philanthropy, often donating to various charities and recently collaborating with Netflix to donate $1 million towards organizations supporting black lives following George Floyd’s death.

His hobbies include playing basketball and video games and collecting rare sneakers. The Weeknd continues to make waves in the music industry while using his platform to advocate for important social issues and give back to those in need.

His social media presence has grown, with over 25 million followers on Instagram alone, further propelling his success as a musician and brand.

Thus, his personal life, relationships, and experiences have significantly shaped his music and brand.

As he continues to release chart-topping hits and expand his business ventures, The Weeknd’s net worth is expected to rise in the coming years.

Also Read: Joey Bosa Net Worth, Personal Life + Full Bio

Awards and Nominations

Awards are always a major aspect of any musician’s career, and The Weeknd has certainly had his share of recognition.

He received three Grammy Awards in 2018 for Best Urban Contemporary Album, Best R&B Performance, and Best R&B Song.

He also won the American Music Award for Favorite Soul/R&B Male Artist in 2016 and 2017.

In addition to these awards, The Weeknd has also been nominated for numerous Grammys and Billboard Music Awards throughout his career.

In 2021, he was nominated for the Golden Globe Award for Best Original Song for “Heartless” from the animated film Trolls World Tour.

As he continues releasing popular music, The Weeknd will likely receive even more award nominations and wins in the future.

Milestones 

Milestones are always important markers of growth and success in any career. Following are some of the most notable milestones in The Weeknd’s career thus far:

• In 2015, his album Beauty Behind the Madness debuted at number one on the Billboard 200 chart and included hits “Can’t Feel My Face” and “The Hills.”
• In 2016, he made history as the first artist to simultaneously hold the top three spots on the Billboard Hot R&B Songs chart.
• In 2018, he became the first artist to have all songs from an album reach over one billion streams on Spotify with his EP My Dear Melancholy.
• In 2020, he released his fourth studio album, After Hours which also debuted at number one on the Billboard 200 chart and included hits “Blinding Lights” and “Heartless.”

These milestones demonstrate The Weeknd’s continual success and dominance in the music industry.

Where does The Weeknd spend most of his money?

The Weeknd’s net worth allows him to enjoy luxurious purchases such as real estate and expensive cars. In 2019, he purchased a $25 million mansion in Hidden Hills, California. He also owns property in Toronto, Canada, and Los Angeles, California.

In terms of cars, The Weeknd has been known to collect rare and expensive vehicles such as a Ferrari 458 Italia and Lamborghini Aventador Roadster.

He also has his customized tour bus for traveling on tour.

In addition to these material possessions, The Weeknd also spends his money on charitable donations and business investments.

As his career continues to thrive, The Weeknd will likely continue making smart investments and enjoying the fruits of his success. Overall, his expenses and investments reflect his success as a musician and business mogul.

Also Read: Jose Mourinho Net Worth, Career & Full Info

How does The Weeknd make his money?

The Weeknd’s net worth is primarily attributed to his successful music career. He has released four studio albums, numerous EPs, and singles, as well as collaborations with other artists.

His music constantly tops charts and rakes in millions of streams on various platforms such as Spotify and iTunes.

In addition to his musical ventures, The Weeknd also earns money through endorsement deals and business investments.

In 2017, he partnered with Pepsi for their “Pepsi Generations” campaign, which included a Super Bowl commercial featuring his hit song “I Feel it Coming.”

He has also invested in the stock market and technology start-ups such as Lyft and honeygrow.

Overall, The Weeknd’s diverse sources of income contribute to his significant net worth.

As he continues to release popular music and make smart business decisions, his net worth will likely only continue to increase.

5 Success lessons to learn from The Weeknd

Success Lessons are always important markers of growth and success in any career. Following are some of the most notable lessons from The Weeknd’s career thus far:

1) Work hard and stay focused on your goals: The Weeknd worked relentlessly to establish himself as a successful musician, often releasing multiple projects within one year. He did not let criticism or doubt deter him from achieving his dreams.

2) Collaborate with other artists and industries: The Weeknd has collaborated with various artists such as Kendrick Lamar, Ariana Grande, and Lana Del Rey, as well as brands such as Pepsi and Puma. These partnerships have aided in expanding his reach and appeal to different audiences.

3) Reinvent yourself: Throughout his career, The Weeknd has constantly evolved and experimented with his sound, image, and aesthetic. This ability to adapt and stay relevant has allowed for continued success in an ever-changing music industry.

4) Be authentic: The Weeknd’s lyrics often reflect the vulnerability and genuine emotion, allowing him to connect with audiences. He also remains true to himself in terms of his artistic vision and integrity, refusing to conform to industry norms or expectations.

5) Take risks: Whether it be through his musical experimentation or business ventures, The Weeknd is not afraid to take risks that may lead to bigger opportunities and growth as an artist and individual. These risks have paid off immensely throughout his career.

Implementing these lessons learned from The Weeknd can aid in achieving one’s own personal and professional success.

Favorite Quotes from The Weeknd

Favorite quotes are always helpful in providing inspiration and motivation. Some notable quotes from The Weeknd include:

• “Stay true to yourself, yet always be open to learning. Work hard, and never give up on your dreams, even when nobody else believes they can come true but you. These are not cliches but real tools you need no matter what you do in life to stay focused on your path.”
• “I want people to feel a certain way when they leave my show… I want them to feel inspired, just empowered and enlightened.”
• “I pride myself on being authentic and genuine.”
• “For me to grow as an artist and as a person, I have to be honest with myself first before I can be honest with the world.”

These quotes showcase The Weeknd’s dedication to his craft and staying true to oneself, as well as the importance of hard work and determination in achieving success. They can serve as daily reminders to prioritize authenticity and follow one’s dreams.

Relationships

When it comes to relationships, The Weeknd has been linked to various high-profile celebrities, including Bella Hadid, Selena Gomez, and, more recently, the singer-songwriter FKA twigs.

However, he prefers to keep his personal life private and out of the public eye. In a 2017 interview with Rolling Stone, he stated, “I don’t want to open up that Pandora’s box, talking about relationships.”

In terms of his romantic relationships, The Weeknd has emphasized the importance of trust and communication.

In an interview with VMAN magazine, he stated, “You have to be honest in all facets. And especially in a relationship—you have to be 100% honest.”

Overall, while The Weeknd may not publicly discuss his relationships, it is clear that trust and honesty are important values to him in any partnership.

Also Read: Timothy Sykes Net Worth, Career + Full Bio

Controversies

When it comes to controversies, The Weeknd has faced backlash for his past use of blackface in the album artwork and music videos.

In a 2019 interview with the New York Times, he acknowledged that it was a mistake and apologized, saying, “I never wanted to be disrespectful or demean any race.”

He has also faced criticism for lyrics perceived as misogynistic, such as those in the song “The Morning,” where he talks about drugging and having sex with women without their consent.

In a Rolling Stone cover story, he explained that these lyrics are not reflective of his true beliefs or values and are instead used as storytelling devices in his music.

Overall, The Weeknd’s career can serve as inspiration for hard work and determination in pursuing one’s dreams.

However, it is also important to learn from his controversies and prioritize values such as authenticity, honesty, and consent in all aspects of life.