Drake is 3rd highest paid hip hop star in the world

Drake, Toronto's greatest hip-hop treasure, has just been ranked third on Forbes list of The World's Highest-Paid Rap Acts, raking in a cool $39.5 million this past year. He fell behind legends Diddy and Jay Z but beat out notable artists like Dr. Dre, Pharrell, and Eminem by millions.

This shouldn't come as too much of a surprise, as Drizzy has had quite the year. He's spent the better part of it performing shows, raking in around $1 million on the average night.

Plus, that mixtape he dropped, If You're Reading This It's Too Late, was the first Platinum album of 2015. He also has numerous endorsement deals with-big name companies like Sprite and Nike.

It looks like things can only go up from here. His recent collaboration with Future has been making waves and he just opened a restaurant with Susur Lee.

Do you think Drake will be #1 on the list next year? Let us know in the comments.

Photo by Josephine in the blogTO Flickr pool.

by Alice Prendergast via blogTO