How much is Lil Wayne worth?

Net Worth:$155 Million
Profession:Professional Rapper
Date of Birth:September 27, 1982
Country:United States of America
Height:
1.68 m

“Love me or hate me. I swear it won’t make me or break me.” — Lil Wayne

Who Is Lil Wayne

Lil Wayne started out as the youngest rapper ever signed to Cash Money Records. You’ve heard his hits like ‘Let It Rock’ and ‘Got Money’ in all of the hottest clubs.

Lil Wayne, whose real name is Dwayne Michael Carter Jr., is a rapper, songwriter and producer. He is often recognized as one of the best rappers of all time, and is considered one of the most influential hip hop artists of his generation. However, despite his fame and fortune today, he had to go through many hardships before he achieved worldwide fame and renown. This is how Lil Wayne became recognizable as one of the most influential hip hop artists of all time.

In 2020, rapper and producer Lil Wayne has a net worth of $155 million dollars.

Smart Kid, Stupid Move

Born Dwayne Michael Carter in the heart of New Orleans, as a kid his report card reflected a student with a strong academic aptitude, but Lil Wayne felt that he could only express his intellect and potential through music. At 11, he started writing lyrics and rhymes and when introduced to higher-ups at Cash Money Records, he convinced them to give him a job doing odds and ends around the office.  

A year later, the label was looking to add talent to the sound of a 14-year-old rapper B.G. A 12-year-old Lil Wayne was quickly added to the mix and the two became the B.G.’z (short for Baby Gangstaz). The pair released their first album, True Story, in 1995 and were looking to release their second in 1997 when Lil Wayne, still just 12, shot himself in the chest with a Taurus 9 mm handgun, miraculously missing all vital organs. Although he survived, B.G. released the album solo.  

While many thought it was just an accident, in Lil Wayne’s 2018 album Tha Carter V, he raps about suicide…

“I found my mama’s pistol where she always hide it / I cry, put it to my head and thought about it / Nobody was home to stop me, so I called my auntie / Hung up, then put the gun up to my heart and pondered / Too much was on my conscience to be smart about it / Too torn apart about it, I aim where my heart was pounding / I shot it, and I woke up with blood all around me / It’s mine, I didn’t die, but as I was dying / God came to my side, and we talked about it / He sold me another life, and he made a prophet.” — Lil Wayne, Tha Carter V, 2018

Flying Solo

That same year, he dropped the “D” from his first name and officially became Lil Wayne. Once again collaborating with B.G. he joined the group Hot Boys, which also included Young Turk and Juvenile. The foursome released their first album, Get It How You Live!, in 1997. Two years later the boys signed a distribution deal with Universal Records who got their second album, Guerilla Warfare, to Billboard number one status.  

But it wasn’t long before Lil Wayne ditched the group and headed out on his own. The 17-year-old’s first album, Tha Block is Hot, went two times platinum and skyrocketed to number three on the Billboard album chart. From the numbers, it seemed as though Lil Wayne had finally made it but middle America had still never heard of the dirty south rapper. His second album and third albums didn’t replicate the success of his first, but his 2004 album, Tha Carter, sold more than one million copies and landed Lil Wayne major recognition within the industry.  

Artists like Destiny’s Child and T.I. began calling the rapper to collaborate. Trying to latch onto the success of the Tha Carter, Tha Carter II was released in 2005 and shared the same success as the first installment. That same year, Lil Wayne was named president of Cash Money Records and also founded Young Money Entertainment; although, two years later, he would step down from leadership at both companies.  

Lil Wayne, now a star and prolific rapper, went on to release Tha Carter III (2008) and Rebirth (2010), collaborate with the likes of Usher, Akon, Keri Hilson and Kevin Rudolf and produce club anthems like ‘Lollipop’ and ‘Got Money.’  

Locked Up

But, even with his success, Lil Wayne wasn’t able to stay out of trouble. In 2007, following one of his headlining concerts in New York, he was charged with criminal possession of a weapon. Lil Wayne pled guilty and was sentenced to a year in prison as of February 2010. His sentence was reduced to eight months for good behavior and he was released in November 2010.  

Baby Mama Drama

While he was behind bars, his fans weren’t the only ones missing the rapper. Lil Wayne is the proud father of four children. His first child, a daughter Reginae, was born when he was only 15 to his childhood sweetheart and ex-wife Antonia Carter. He had a son, Dwayne III, with a nail technician in 2008, and in 2009, he notoriously impregnated two women at the same time—model Lauren London and singer Nivea. London gave birth to a son in September 2009 and Nivea gave Lil Wayne a third son a little less than two months later.  

In 2010, while still in prison, Lil Wayne made a daring comeback with his album, I Am Not a Human Being, which brought him another number one hit with ‘Human.’ With that, he lived up to the album’s title, proving that despite his fair share of mistakes, Lil Wayne is beyond human.

What makes Lil so successful?

Much of Lil Wayne’s success comes from his reputation of being a “gangster,” but also of being straightforward and candid about his personality. His image is important, and his rapping style adds onto his persona. Thanks to his booming music career which, though he had a bit of a rough start after being compared negatively to the other members of his hip-hop group, has flourished immensely.

How did Lil Wayne get so rich?

Throughout his career in rapping and hip-hop Lil Wayne has achieved an impressive net worth of more than $155 million dollars. His fortune comes almost exclusively from his music career. Though it was slow to start and he received much criticism in his early days, he is one of the world’s best selling music artists.

Some of his fortune can be attributed to his record label, Young Money Entertainment, which he founded in 2005, the majority of his riches are thanks to his music. In the United States alone he has sold more than 37 million digital tracks and 15 million albums, having sold more than 120 million records worldwide. He also became the first male artist to beat out Elvis Presley with the most songs that made it onto the Billboard Hot 100 chart, at 109 songs.

Unlike many other artists, Lil Wayne’s fortune comes almost exclusively from his explosive music career, which has flourished greatly from the beginning. Thanks to his distinctive style of rapping and his songwriting skills, he has become one of the wealthiest rappers in the world.

Why is Lil so famous?

Lil Wayne went through many hardships in his youth, his path to stardom was littered with difficulties. His parents divorced when he was still very young, and his father abandoned him and his mother. Wayne has said that, although his father is still alive, he considers his step father to be his real dad. Unfortunately his step father, Reginald McDonald, also known by the nickname Rabbit, was murdered before Wayne became famous.

Wayne met Birdman, a rapper and record executive whose real name is Bryce Williams, in 1991, when he was nine years old. He recorded freestyle raps on Bryce’s answering machine, having written his first rap song at age eight. Bryce began to mentor Wayne, helping him and including him in songs by his record label, Cash Money Records.

Lil Wayne joined a group of other rappers at age fourteen, making him the youngest member. The group, called the Hot Boys, achieved success on the Billboard charts, and Wayne began to attract plenty of attention in the hip-hop community. However, he wasn’t quite the rich and famous rapper we all know him as today.

Wayne released his debut studio solo album when he was seventeen years old. The album, titled Tha Block Is Hot, debuted at number three on the Billboard 200 chart, and he earned a magazine nomination for “Best New Artist” because of it.

While his next album, called Lights Out, failed to achieve the success his debut was met by, he had already gotten famous. As he released music, critics noted improvement, while much of his earlier work was met by the claim that he wasn’t as mentally developed as the other members of the Hot Boys.

Lil Wayne released many mixtapes to reach his audience, and his reputation was built upon. Thanks to his rapping style and noted improvement in his lyrics, Lil Wayne is now one of the best known hip-hop artists in the world. Despite the time he has spent in prison for various charges, he held onto his rapping style and continued on with his career after he was released.

Summing-Up

Though he had difficulties in his youth and on his path to greatness, Lil Wayne managed to become an internationally known rapper, hip-hop artist, and record executive. His image and his candid charm, as well as his incredibly original style of rapping, are all crucial parts of his success. Through the years Lil Wayne has achieved incredible levels of fame and fortune, and is no longer an insignificant teenage rapper lost in the industry.

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