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A significant portion of The Weeknd net worth 2021 can be attributed to his business acumen and willingness to take risks in sectors outside of music. He became a fixture in the world of professional sports, most notably as a part-owner of the NBA’s Cleveland Cavaliers. This move signaled a shift from being a celebrity attached to a brand to being an actual stakeholder in a billion-dollar enterprise. It provided a stable, appreciating asset separate from the volatile nature of the music industry. Furthermore, his foray into acting, though still in its relative infancy, showed ambition to conquer visual media on his own terms. Every new project, whether it be a film role or a collaboration with a fashion house, serves to elevate his intellectual property, making him less of a commodity and more of a conglomerate.
