The Weeknd Net Worth: Journey of This Celebirty from Bottom to Top!

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The Weeknd Net Worth
The Weeknd, 31, has amassed an amazing fortune over the course of over a decade of consistently producing new songs for his devoted followers.
As of January 7th, when he released his fifth studio album titled “Dawn FM,” the Starlight singer is sure to be making more money than ever before.

Is The Weeknd rich or poor? Other than the money he’s made from the charts and the stage, how did Abel Tesfaye (his real name) get so rich?

Net worth

The Weeknd Net Worth

Abel Makkonen is the estimated net worth of The Weeknd. Canadian musician, songwriter, and record producer Tesfaye, better known by his stage name The Weeknd, is Tesfaye. Tesfaye, who goes under the pseudonym “The Weeknd,” started uploading songs to YouTube in late 2010.

In 2011, he put out three critically lauded mixtapes: House of Balloons, Thursday, and Echoes of Silence, all of which contained nine tracks each. He released all three in 2011. He has a fortune of $50 million dollars.

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The Weeknd Is a Proud Homeowner.

He paid $18 million for a three-acre property in Hidden Hills, California, in June 2017.

Abel purchased a penthouse overlooking the Beverly Hills Country Club in Los Angeles for $21 million in December 2019. Previously, he was paying $60,000 per month to rent a triplex penthouse in New York City.

In June 2020, the artist behind “Blinding Lights” plans to sell the property for $25 million.

According to the Wall Street Journal, he purchased a $70 million Bel-Air property in August 2021.

Early Life

Abel Makkonen Tesfaye, the real name of The Weeknd, was born on this day in 1990. After his parents divorced, he was raised by his mother and grandmother in Toronto, Ontario.

In the late 1980s, The Weeknd’s parents immigrated to Canada from Ethiopia. Tesfaye’s father was absent from his life as a child; the two only met a handful of times throughout that time period.

Tesfaye’s early years were heavily influenced by religion, and he often visited the Ethiopian Orthodox Church. Abel Tesfaye began doing narcotics at the age of 11 against his religious beliefs. Tesfaye maintains that he committed crimes in order to pay for his drug habit, which began with marijuana smoking.

He went to high school, but he didn’t graduate since he dropped out before the conclusion of the year.

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Career

The Weeknd Net Worth

As Tesfaye explained, he left high school and his family’s home “one weekend, and never returned.” His stage name is a reference to this fact. He ran met Jeremy Rose, a producer, three years after he graduated from high school.

In Rose’s mind, “dark R&B” was a concept she’d been toying with for some time, and Tesfaye was the ideal person to spearhead it. Tesfaye rapped on several of Rose’s songs.

Meanwhile, he went by the name “Kin Kane” or “The Noise.” Rose agreed to let Tesfaye utilize the tracks as long as he was given credit as the producer. It wasn’t long until Tesfaye had a large following on YouTube, and even Drake got wind of it.

House of Balloons, The Weeknd’s debut album, was a mixtape. There were songs on the album that were produced by a variety of people, including Jeremy Rose, who was not given credit for his work as per the previous arrangement.

A great hit, Drake once again showed his admiration for the musician with this record. The Weeknd’s initial gigs were also attended by Drake, who later approached him with a collaboration proposal.

Drake and The Weeknd then toured together, with The Weeknd serving as Drake’s opening act on most occasions. Many major record labels came forward when The Weeknd released two additional mixtapes.

 

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