HomeNet WorthThe Weeknd Net Worth: Music and Lifestyle

The Weeknd Net Worth: Music and Lifestyle

The rising star of the American music industry, The Weeknd’s net worth is $200 million.

He is a Canadian singer and record producer. 

His real name is Abel Makkonen Tesfaye, and was born and raised in  Toronto, Ontario, Canada. 

The artist is known for producing alluring songs about sex and drugs. 

He came into the limelight after releasing his billboard hit Blinding Lights. The song is no 1 on the billboard list of  Greatest Songs of All Time Hot 100 chart. 

The Weekend Blinding Lights
The Weekend Blinding Lights (Source: goldderby.com)

The Weeknd started as an underground artist. He released his first mixtape House of Balloons, in 2011. 

The artist has won 138 awards up until now, including 3 Grammy awards and 19 Billboard music awards. 

The Weeknd | Quick Facts

Let’s look into some personal details about the pop star.

Full Name Abel Makkonen Tesfaye
Stage Name The Weeknd
Net Worth  $200 Million
Birth Date February 16th, 1990
Birth Place Toronto, Ontario, Canada
Religion Christian 
Nationality Canadian
Ethnicity Mixed
Education Samuel Hearne Middle School
Zodiac Sign Aquarius 
Father’s Name Makkonen Tesfaye
Mother’s Name Samrawit Hailu
Siblings  No
Age 34 Years old
Height  169 cm
Weight 165.5 lbs.
Eye Color  Brown
Hair Color Dark Brown
Sexual Orientation  Straight
Marital Status  Unmarried
Children No
Profession Songwriter, Singer, Record Producer 
Active Since 2009- Present
Genres Rhythm and Blues, R&B/Soul, Electropop 
Social Media Facebook, Instagram, Twitter 
Labels XO, Republic
Albums House of Balloons, Thursday, Echoes of Silence, Kiss Land, Beauty Behind The Madness, Starboy, After Hours
Awards AMFT Awards, American Music Awards, Apple Music Awards, ASCAP Pop Music Awards, BET Awards, Billboard Music Awards, Grammy Awards,
Merch  Vinyl Record, Autographed Gold LP, Concert Tour Posters
Last Update May 2024

The Weeknd | Net Worth and Income

The Weeknd’s net worth is striking $200 million. In his short interval of career, the artist has managed to collect such a massive amount. 

Abel Makkonen Tesfaye has many sources of income like music sales, streaming, touring, and stage performance. 

In 2017 the artist was listed as the sixth highest-paid entertainer in the world. His performance at the NFL Super Bowl justifies the statement.

As we can all remember, the artist ruled the stage with his amazing performance. 

The Weeknd went on a world tour for the promotion of his album Starboy in 2017. He earned more than $1.1 million for each stop at the tour. The album sold a staggering 10 million copies. 

The Weeknd Starboy Cover
The Weeknd Starboy Cover (Source: en.wikipedia.org)

The Star Boy broke a Guinness World Record for the Most Streamed Album on Spotify in One Year.

Between June 2017 and June 2018, the Guinness World Record holder managed to earn $90 million.

Net Worth of The Weeknd in Different Currencies

This is what The Weeknd’s net worth looks like in different currencies, including the Cryptocurrency BitCoin.

Currency  Net Worth
Euro  € 176,608,200
Pound Sterling £ 148,334,940
Australian Dollar A$ 275,801,200
Canadian Dollar C$ 256,050,000
Indian Rupee ₹ 14,918,400,000
BitCoin ฿ 4,278.78

The Weeknd | Lifestyle

The Weeknd’s net worth as of May 2024 is an astonishing $200 million. He lives a very comfortable and luxurious lifestyle. 

From his journey as an underground artist to superstar, Abel Makkonen Tesfaye has lived in many places. 

Currently, he lives in his celebrity mansion at Hidden Hills. 

His house in Toronto is nicknamed House of Balloon after the name of his album. It’s at 65 Spencer Avenue. 

He grew up in the same house with his mother and grandmother after his father abandoned home.

The Starboy is pretty health-conscious, and most of his meals contain veggies and greens. However, the artist has never self-claimed himself as a vegan. 

As for his relationships, The Weeknd dated supermodel Bella Hadid from 2015 to 2019, but they were in and out of the relationship. 

The couple started dating after The Weeknd asked the model to feature on the artwork for his album, Beauty Behind The Madness. 

After their breakup in 2016, the Starboy dated singer Selena Gomez. After a brief period of their romance, the couple broke up.  

The Weeknd Net Worth
The Weeknd With Selena Gomez (Source: filmdaily.co)

During their romantic time together, they shared their holiday pictures at Disneyland. They even moved to Greenwich Village together, but it was temporary.  

The Weekend and Bella Hadid patched things up in 2018 but again separated in August 2019. 

The Weeknd | Houses, and Cars

Houses

The rising pop star The Weeknd’s net worth is $200 million. The wealthy artist has multiple houses at multiple locations. 

His most expensive property, the LA mansion at Hidden Hills, is worth $25 million. He’s been living there for three years now. 

The Weeknd Net Worth
The Weeknd LA Mansion (Source: robbreport.com)

The expensive mansion has a neon-lit car garage. It has glass-paneled doors and diffused ceiling lights to highlight his rides inside.

Another collection to his luxurious real estate collection is his Beverly Hill mansion. It’s a three-bedroom, six-bathroom penthouse worth $21million. 

He also has another penthouse at Greenwich Street, New York. It’s a 2-floor penthouse built on 5,004 sq ft with four bedrooms and four bathrooms. 

Cars

The Starboy has a soft spot for luxurious rides. He has built his LA mansion with an exceptional garage to keep those beauties safely.

One of the cars from his collection is Mercedes-AMG G63. He has a Grey Matte G63 worth $190,000.

Another car from his collection is McLaren P1. This is the most expensive car in his collection, worth $1.2 million. The red P1 was featured in his video for Starboy.

The Weeknd Net Worth
The Weeknd Car (Source: carthrottle.com)

The weekend also rides Lamborghini Aventador SV Roadster. His red Lamborghini costs $550,000. 

The superstar has an eye for beautiful roaring engines. His 1980 Porsche 911 is worth $ 70,000. 

The last one on the list is his Bentley Mulsanne. He owns a black Bentley worth $320,000. 

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The Weeknd | Music, Endorsement, and Investment

Music

The Weeknd’s greatest hit, After Hour, sold 444,000 album-equivalent units. His single Blinding Lights made it to the top of  Billboard 100’s while ‘In Your Eyes’ and ‘Save Your Tears’ were certified platinum by RIAA.  

His other super hit album, Starboy, was number one on the US Billboard 200. The album sold 348,000 album-equivalent units. The album also gave him the title Starboy. 

The Weeknd’s Beauty Behind the Madness was declared the tenth best-selling album of 2015. In the US alone, the album managed to sell 3.7 million equivalent units. 

House of Balloon is Tesfaye’s first debut mixtape album. He was unknown and underground at the time of his album release. But as soon as the album was uploaded on YouTube, the audience went nuts.

The Weeknd Net Worth
The Weeknd Vinyl (Source: amazon. in)

His song High For This has 73 million views as of December 2021 on YouTube. The song was uploaded ten years ago. 

Endorsement

For his Kissland Fall Tour, the artist collaborated with ONE, a c**dom company. The limited-edition c**dom featured his Kissland artwork on one side. 

Similarly, during his Beauty Behind the Madness, also known as The Madness Fall Tour, the Starboy collaborated with vaporizer company Pax Labs.

In 2016 he became the global ambassador of sportswear brand Puma. He partnered with the company to run the Street campaign.

Later, the superstar started his own merchandising line, XO. He collaborated with H&M to promote his business. 

He also collaborated with Marvel to introduce his comic featuring Starboy. 

Furthermore, he has multimillion-dollar deals with big companies like Mercedes, Apple Music, Postmates, and Dolby Atmos.

Investments

The Canadian artist has wisely invested his wealth in different ventures, including his record label XO and merchandising.

He owns multiple houses across the US. His Hidden Hills home is on sale. In fact, he’s been trying to sell the house for quite a while now. 

The Weeknd invested $2 million in a song company named Songfinch. The company produces personalized songs for its users. 

He invested $7 million on his Superbowl half-time show. Usually, the star performers are paid, but The Weeknd invested the money from his own pocket to make sure the show was perfect. The show was indeed perfect.

He did the investment after calculating the advertisement and fame he’ll get from the show. The news was all over the internet. It was one of a kind Superbowl halftime show.

The Weeknd | Charity, and Donations

Abel Makkonen Tesfaye is a singer, songwriter, record producer, and philanthropist. 

The pop star donated $1 million to the United Nations World Food Programme. This program was directed toward providing meals for the people of Ethiopia. 

The artist made a $300,000 donation to Global Aid for Lebanon.  More than 5,000 people were injured, and 218 were killed by the 2020 Beirut explosion.

He also donated $200,000 to Black Lives Matter and another $200,000 to Colin Kaepernick Know Your Rights Camp. 

During Covid, he donated a significant amount to different trusts and charities. He donated CAD 500,000 as COVID relief to the Scarborough Health Network Foundation. 

The singer donated another $500,000 to the MusiCares charity. The charity supports musicians, and a special charity was held to help musicians during COVID-19. 

In 2016 he donated $500,000 to the University of  Toronto. The program was directed toward helping Ethiopian migrants with education. 

The Weeknd | Career

Tesfaye’s music career began as a YouTube artist. In 2010 The Weeknd uploaded his three songs What You Need, Loft Music, and The Morning on YouTube.

The songs started gaining recognition on the internet, and later Drake discovered the songs. Weeknd collaborated with Drake and performed an opening act for Drake’s tour and concerts. 

In 2012 The Weeknd signed a contract with Republic Records. Then he released his album Trilogy, which peaked at no. 4 on US Billboard 200. He went on a fall tour for the album. 

Following year he did an opening act for Justin Timberlake 20/20 Experience World Tour.

In 2014 he did a remix of Beyonce’s Drunk in Love. In the same year, he collaborated with Ariana Grande for Love Me Harder. 

He released his single The Hills in 2015. It was his first Diamond single. 

His singles started appearing on Billboard top 100, and the rest is history.

Interesting Facts About The Weeknd

  • The Weekend’s parents are Ethiopian immigrants. He is of Ethiopian heritage and used to go to the Ethiopian Orthodox Tewahedo Church.
  • Besides English, he speaks Amharic, the official language of Ethiopia. His mother would translate Amharic poems to him. That’s how he learned the language even before English. 
  • The artist has boycotted the Grammy, calling it corrupt. He didn’t receive even a single nomination for his world-class album After Hours or the song Blinding Lights. 

FAQs

Why is The Weeknd so famous?

The artist, The Weeknd, is famous for his rhythmic & blues songs. His songs have a tragic and melancholic feel to them. Also, his first three mixtapes were very distinct from mainstream music. 

How rich is The Weeknd?

He is rich enough to live in a Hidden Hills $25 million mansion. The Weekend’s net worth as of May 2024 is $200 million. 

What is The Weeknd’s biggest hit?

The artist’s biggest hit is, without a doubt, Blinding Lights. The song is regarded as one of the best songs of all time.

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