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The Weeknd Net Worth, Salary, and Earnings 2023

by Emmanuel Akpaneka
January 9, 2023
in Singers
Reading Time: 7 mins read
The Weeknd Net Worth
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The Weeknd’s net worth 2023: Abel Makkonen Tesfaye, better known as the Weeknd, is a Canadian singer-songwriter, actor and record producer. Curious to learn more about The Weeknd? Read on as we take you through The Weeknd’s biography, age, height, family, house, personal life, education, income, salary, earnings, and net worth. You’ll also learn how The Weeknd made his fortune as a bonus.

Table of Contents hide
1. Biography and Net Worth of The Weeknd
2. Early Life: Age, Parents, Siblings & Ethnicity
3. Education: High School & College
4. Career
5. Business Ventures
6. Personal Life: Girlfriend
7. Social Media Profile: Instagram, Twitter, Facebook & TikTok
8. The Weeknd Net Worth, Salary, and Earnings 2023
9. The Weeknd’s House
10. Summary

Biography and Net Worth of The Weeknd

 Full Name Abel Makkonen Tesfaye
Date of Birth February 16, 1990
Age 32 Years
Profession singer, Songwriter, Actor and Record Producer
Height 5 ft 8 in (1.73 m)
Nationality Canadian
Source of Wealth Music
Annual Income $90 Million
Net Worth $300 Million
Last Updated January 2023

Abel Makkonen Tesfaye, better known as the Weeknd, is a Canadian singer-songwriter, actor and record producer with an estimated net worth of $300 million. The Weeknd is best known for his sonic versatility and dark lyricism. He is also among the world’s best-selling music artists with over 75 million records sold.

Since making his music debut, the Emmy and Grammy Award-winning singer has released numerous hit singles and chart-topping albums. The Weeknd has also made quite a fortune throughout his career. Read on as we explore The Weeknd’s income, salary, earnings, and net worth.

Early Life: Age, Parents, Siblings & Ethnicity

Abel Makkonen Tesfaye was born on February 16, 1990 (age 32), in Toronto, Ontario, United States. His father’s name is Makkonen Tesfaye and his mother’s name is Samrawit Hailu. His parents separated shortly after his birth. Tesfaye is of Ethiopian descent.

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Education: High School & College

Tesfaye attended a French-immersion school. Thereafter, he studied at West Hill Collegiate Institute and Birchmount Park Collegiate Institute.

Career

The Weeknd started his career by releasing his music on YouTube. In December 2010, he uploaded the songs “What You Need”, “Loft Music” and “The Morning” to YouTube under the username “xoxxxoooxo”. The tracks drew attention online.

Prior to adopting the stage name The Weeknd, Tesfaye released his songs under the monikers; the Noise and Kin Kane. At the beginning of his career, Tesfaye worked at American Apparel.

In 2011, he met other music executives with whom he co-founded the XO record label. On March 21, 2011, the Weeknd released his debut mixtape “House of Ballons”. A few months later, he released his second and third mixtapes titled “Thursday” and “Echoes of Silence” respectively.

In September 2012, the Weeknd signed with Republic Records and XO was assumed as a subsidiary label. On November 13, 2012, he released his first compilation album, “Trilogy”. The album debuted at number four on the US Billboard 200 and was certified platinum by the Recording Industry Association of America (RIAA).

On September 10, 2013, the Weeknd released his debut studio album “Kiss Land”. The album debuted at number two on the Billboard 200. In May 2015, Tesfaye released the single “The Hills”. The single eventually peaked at number one on the Billboard Hot 100, becoming his first number one single.

On June 29, 2015, he was featured on Meek Mill‘s second studio album “Dreams Worth More Than Money” on the track “Pullin’Up”. On August 28, 2015, Tesfaye released his second studio album “Beauty Behind the Madness”. The album debuted at number one on the US Billboard 200.

Tesfaye also appeared on Saturday Night Live alongside actress Amy Schumer on October 10, 2015. On November 25, 2016, The Weeknd released his third studio album, “Starbiy”. The album peaked at number one on the US Billboard 200. Eventually, the album was certified triple platinum by the RIAA and won Best Urban Contemporary Album at the 60th Annual Grammy Awards.

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On March 30, 2016, he released his debut EP “My Dear Melancholy”. The EP debuted at number one on the Billboard 200. Tesfaye released his fourth studio album “After Hours” on February 19, 2020. The album debuted at number one on the US Billboard 200.

On February 5, 2021, The Weeknd released the album “The Highlight”. “The Highlights” debuted at number two on the US Billboard 200.

Business Ventures

In addition to his music career, The Weeknd has investments in other business ventures. In 2015, Tesfaye collaborated with electronic vaporizer company Pax Labs to release a limited edition vaporizer. That same year, he collaborated with fashion designer Alexander Wang on an apparel collection.

In 2016, The Weeknd became a collaborative and global brand ambassador for the clothing brand Puma. The following year, he partnered with retail company H&M for their men’s collection. In 2018, Tesfaye collaborated with Marvel Comics to release a comic book inspired by his third studio album “Starboy”. He also released an apparel collection with A Bathing Ape.

In April 2019, The Weeknd became an owner and global ambassador of the esports company OverActive Media.

Personal Life: Girlfriend

Who is The Weeknd’s girlfriend 2023? As of the time of writing, The Weeknd is reported to be in a relationship with Simi Khadra. Previously, he dated American model Bella Hadid and American singer-actress Selena Gomez.

Social Media Profile: Instagram, Twitter, Facebook & TikTok

The Weeknd has an impressive number of followers on his social media pages where he shares a bit of his personal life and work-related stuff. The Weeknd has over 42.2 million Instagram followers. Tesfaye has over 16.5 million Twitter followers. On Facebook, The Weeknd has over 17 million followers. What’s more, The Weeknd has over 5.6 million TikTok followers.

 

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A post shared by The Weeknd (@theweeknd)

The Weeknd Net Worth, Salary, and Earnings 2023

As of January 2023, The Weeknd has an estimated net worth of $300 million. Tesfaye earns his wealth from his music, acting, and business career. Tesfaye also makes money through the sales of his music albums, live performances, tours, royalties and brand endorsement.

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The Weeknd has an annual income of $60 million which is accrued through his music career and his other business ventures. With YouTube subscribers of over 23.9 million and over 19.4 billion views, The Weeknd earns over $15 million annually from the platform. The Weeknd also makes money through music streaming platforms such as Apple Music, Spotify, and SoundCloud.

The Weeknd’s House

Tesfaye has an impressive real estate portfolio. In June 2017, Tesfaye paid $18 million for a three-acre estate in Hidden Hills, Los Angeles, California. He sold the home for $20 million in April 2021.

In December 2019, Tesfaye paid $21 million for a penthouse in Los Angeles overlooking the Beverly Hills Country Club. The penthouse features 8,215 square feet of living space, 4 bedrooms, and 5 full and 2 half bathrooms. In January 2022, he listed the home for $22.5 million.

In August 2021, the Canadian music superstar splashed $70 million on a mansion in Bel Air, Los Angeles, California. The mansion has about 33,000 square feet of living space and 9 bedrooms.

Summary

Abel Makkonen Tesfaye, better known as the Weeknd, is a Canadian singer-songwriter, actor and record producer with an estimated net worth of $300 million. The Weeknd is best known for his sonic versatility and dark lyricism. He is also among the world’s best-selling music artists with over 75 million records sold.

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