The Weeknd Net Worth

Abel Makkonen Tesfaye, known worldwide by his stage name The Weeknd, has risen from the underground music scene in Toronto to become one of the biggest global superstars. With a unique sound that blends R&B, pop, and alternative influences, The Weeknd has not only built a strong musical legacy but also accumulated immense wealth. Here’s a detailed breakdown of The Weeknd’s net worth, income sources, and the journey that got him there.

Early Life and Humble Beginnings

The Weeknd was born on February 16, 1990, in Toronto, Canada, to Ethiopian immigrants. Raised by his mother and grandmother in the Scarborough neighborhood, he experienced a modest upbringing. His early exposure to music came from Ethiopian songs, Michael Jackson, and later, hip-hop and R&B. Dropping out of high school at 17, he pursued music relentlessly, initially uploading tracks to YouTube and later releasing his early mixtapes anonymously on the platform.

Breakthrough in the Music Industry

The Weeknd’s music gained traction through his trilogy of 2011 mixtapes: House of Balloons, Thursday, and Echoes of Silence. These projects attracted the attention of major industry figures and fans alike, due to their raw sound and emotional depth. In 2012, he signed with Republic Records in partnership with his own label, XO. His compilation album Trilogy marked the beginning of his commercial journey.

His 2015 album Beauty Behind the Madness featured hits like “Can’t Feel My Face” and “The Hills,” launching him into mainstream superstardom. The album won Grammy Awards and established The Weeknd as a global icon.

Music Sales and Streaming Revenue

A significant portion of The Weeknd’s net worth comes from music sales and streaming. With billions of streams across platforms like Spotify and Apple Music, he consistently ranks among the most-streamed artists in the world. In fact, he became the first artist in Spotify history to surpass 100 million monthly listeners in 2023. Chart-topping albums like Starboy, After Hours, and Dawn FM have further fueled his streaming success.

In addition to streaming, physical and digital album sales, along with digital singles, continue to generate considerable income.

Concert Tours and Live Performances

The Weeknd’s tours are massive money-makers. His 2022–2023 After Hours til Dawn Stadium Tour reportedly grossed hundreds of millions of dollars globally. Known for elaborate visuals and energetic performances, his concerts draw massive crowds, making them one of his most lucrative ventures.

Moreover, The Weeknd was the headline performer for the Super Bowl LV halftime show in 2021. Although he reportedly invested $7 million of his own money into the show, the exposure significantly boosted his brand and music sales.

Brand Collaborations and Endorsements

Apart from music, The Weeknd has collaborated with numerous major brands. Notably, he partnered with Puma for the “Parallel” sneaker line and worked with H&M on a limited-edition fashion collection. He’s also teamed up with Marvel for merchandise and created music for popular series such as HBO’s The Idol and films like Fifty Shades of Grey and Black Panther.

These endorsements and collaborations not only strengthen his cultural influence but also serve as major income streams.

Business Ventures and Investments

The Weeknd is also involved in several business initiatives. He has invested in e-commerce and tech companies, although details of all his investments are not public. He also co-founded the XO record label, under which he releases his music and signs new talent.

In 2023, he announced the launch of XO Humanitarian Fund in partnership with the United Nations World Food Programme, using both his wealth and platform for global causes.

Real Estate and Luxurious Lifestyle

The Weeknd owns several high-end properties. In 2019, he purchased a lavish penthouse in Los Angeles for $21 million. He also bought a $70 million mansion in Bel-Air in 2021, which features a spa, indoor pool, movie theater, and more. His real estate portfolio alone is worth tens of millions.

He also owns luxury cars and frequently travels in private jets, reflecting his A-list status and lifestyle.

Personal Life and Relationships

Despite his global fame, The Weeknd keeps his personal life relatively private. He has been romantically linked to high-profile celebrities like Bella Hadid and Selena Gomez in the past, drawing media attention. However, he tends to keep the focus on his music rather than his relationships.

The Weeknd has also been open about past struggles with substance use and how fame has affected him mentally and emotionally—topics that often appear in his lyrics.

Estimated Net Worth in 2025

As of 2025, The Weeknd’s estimated net worth is around $300 million. This figure reflects his diverse revenue streams, including streaming royalties, music sales, tour earnings, endorsements, and business ventures. With a career still on the rise, this figure is expected to grow significantly in the coming years.