{"id":242545,"date":"2021-05-05T14:06:59","date_gmt":"2021-05-05T11:06:59","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/drake-supported-toronto-brokerage-hits-4b-valuation\/"},"modified":"2021-05-05T14:06:59","modified_gmt":"2021-05-05T11:06:59","slug":"drake-supported-toronto-brokerage-hits-4b-valuation","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/drake-supported-toronto-brokerage-hits-4b-valuation\/","title":{"rendered":"#Drake-Supported Toronto Brokerage Hits $4B Valuation"},"content":{"rendered":"<p>&#8220;<strong>#Drake-Supported Toronto Brokerage Hits $4B Valuation<\/strong>&#8221;<\/p>\n<div class=\"image large\">\n<img decoding=\"async\" src=\"https:\/\/static.hiphopdx.com\/2021\/03\/GettyImages-1146371427-e1615834021428-1200x675.jpg\" alt=\"Drake-Supported Toronto Brokerage Hits $4B Valuation\" class=\"large\"><\/p>\n<div class=\"news-caption\">\n<span>Amy Sussman\/Getty Images<br \/>\n<\/span>\n<\/div>\n<\/div>\n<p><\/p>\n<div class=\"body-copy  js-entry-text\" itemprop=\"articleBody\">\nEverything Drake touches seemingly turns to gold these days. A Canadian brokerage firm backed by Drizzy named Wealthsimple is reporting a $4 billion valuation after its latest round of fundraising, according to<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/drake-backed-brokerage-wealthsimple-raises-money-at-4-bln-valuation-2021-5-1030384375\"><em> Market Insider<\/em><\/a>.<\/p>\n<p>The Toronto-based company has more than <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a>led the $1.2 billion valuation it received in October 2020. Drake isn\u2019t the only celebrity investor in Wealthsimple, as actors Ryan Reynolds, Michael J. Fox and NBA player Dwight Powell have poured money into the operation.<\/p>\n<p>Wealthsimple brands itself as an \u201cinvestment manager and trading <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>,\u201d but has significantly expanded its business expertise to other avenues as the company continued to grow in recent years.<\/p>\n<p><iframe loading=\"lazy\" title=\"The $150,000,000 Lifestyle of Drake\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/eWNkv6QVnbA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/drake-backed-brokerage-wealthsimple-raises-money-at-4-bln-valuation-2021-5-1030384375\"><em>Market Insider<\/em><\/a> says they\u2019ve added the capabilities for stock trading, crypto trading, automated investing and peer cash transfers to their system. The brokerage firm has more than two million users on its interface and manages over $8.4 billion in assets.<\/p>\n<p>\u201cMore than two million Canadians use Wealthsimple to grow their money, file their taxes, pay their friends and make their financial lives better,\u201d said CEO Mike Katchen in a statement. \u201cThis investment will fuel our growth so we can reach millions more and ensure that everyone has access to the simplest, most powerful financial products and services, no matter who they are or where they are in their financial lives.\u201d<\/p>\n<p>In 2019, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.forbes.com\/sites\/zackomalleygreenburg\/2019\/09\/19\/highest-paid-hip-hop-acts-2019-kanye-tops-jay-z-to-claim-crown\/?sh=7e6e79aa236b\"><em>Forbes<\/em> estimated<\/a> Drake was No. 3 on the highest-paid acts in Hip Hop list with an approximate pre-taxed earning of $75 million. He <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/wealthygorilla.com\/top-20-richest-rappers-world\/\">reportedly holds a net worth<\/a> of around $180 million.<\/p>\n<p>Even with the pandemic impacting Drake\u2019s revenue stream, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.crunchbase.com\/person\/aubrey-graham\">diversity in his portfolio<\/a> has allowed the 6 God to rest easy inside his cavernous Toronto mansion.<\/p>\n<p><iframe loading=\"lazy\" title=\"Inside Drake&#039;s $100 Million Dollar Mansion\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/z3JaV5HdbqU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<\/div>\n<p><\/p>\n<div class=\"author\" itemprop=\"author\" itemscope itemtype=\"http:\/\/schema.org\/Person\">\n<meta itemprop=\"name\" content=\"Michael Saponara\"><br \/>\nby Michael Saponara\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more Like this articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/social-media\/\" target=\"_blank\" rel=\"noopener\">Social Media category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/hiphopdx.com\/news\/id.61946\/title.drake-supported-toronto-brokerage-hits-4b-valuation\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Drake-Supported Toronto Brokerage Hits $4B Valuation&#8221; Amy Sussman\/Getty Images Everything Drake touches seemingly turns to gold these days. A Canadian brokerage firm backed by Drizzy named Wealthsimple is reporting a $4 billion valuation after its latest round of fundraising, according to Market Insider. The Toronto-based company has more than tripled the $1.2 billion valuation it&#8230;<\/p>\n","protected":false},"author":1,"featured_media":242546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/static.hiphopdx.com\/2021\/03\/GettyImages-1146371427-e1615834021428-1200x675.jpg","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-242545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/242545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=242545"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/242545\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/242546"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=242545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=242545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=242545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}