Owning a private jet is understandably expensive. Although Drake obtained his airplane free of charge, he is now the sole owner and must foot the bill for all expenses incurred thereafter. Besides fuel, there are many other costs associated with private jet ownership.
Anyone who has the drive and disposable income to purchase a private jet will have to consider a few options before making their selection. First, there is a choice between total ownership, fractional ownership, or the dreaded “timeshare” option. Drake reportedly owns his private jet outright and pays all the maintenance fees himself.
Drake is often indulging in opulent air travel. He is reported to have taken at least 30 flights in 2023. All of that flying comes with the necessary bill of aircraft maintenance, storage fees, staffing fees, fuel costs, insurance, and add-ons such as food, drink, and entertainment. It is reasonable to expect that Drake spends a minimum of several million dollars per year on upkeep for his flying luxury mansion.
