Lil Wayne's Net Worth

Last Updated on December 25, 2022 | Written by CPA Alec Pow
First Published on August 28, 2022 | Content Reviewed by Certified CFA CFA Alexander Popivker

Lil Wayne is a well-known American rapper from New Orleans, Louisiana. He started to be successful in the rap world when he was only nine years old and now is among the richest rappers in the world.

What is Lil Wayne’s net worth?

At the time this article is written Lil Wayne has a net worth of $170 million.

Childhood

Lil Wayne, by his real name Dwayne Michael Carter Jr., was born on the 27th of September 1982 in New Orleans. Lil’s mother was only 19 years old when she gave birth to him. When he was only 2 years old his father abandoned him.

Dwayne Michael Carter Jr. was just 12 years old when he shot himself in the chest with a gun owned by his mother that he found in their New Orleans home. The rapper narrowly missed the heart and miraculously escaped with his life.

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Lil Wayne has always stated that it was an accident, even mentioning it in his music, but he admitted in the lyrics of a track on his album “Tha Carter V” that it was actually a suicide attempt. He was angry that his mother had forbidden him to sing rap and decided that he didn’t want to live anymore.

After recovering from the gunshot wound, Lil Wayne’s mother allowed him to join the Cash Money Records team, but on one condition: he wouldn’t swear.

Career

Lil Wayne was always a smart student, an A (10) student. He found music to be the best way to express himself and after taking the name Gangsta D he started writing rhymes. At the age of 11, he was taken by the people from Young Money. A year later he signed a partnership with 14-year-old rapper B.G. and formed B.G.`z. They started to be recognized as B.G.`z after the release of the True Story album in 1995, although only B.G. appeared on the cover of the album fans recognized them as B.G.`z. In 1997, the album Chopper City was supposed to be a follow-up of the two, but unfortunately, Lil Wayne accidentally shot himself in the chest and the album became a solo one.

Lil Wayne PerformingIn the same year, he took the name Lil Wayne, removing the letter D, not wanting to be associated with an absent father. He joined rappers B.G., Juvenile, and Young Turk to form a group of rappers called the Hot Boys, who released their first album, Get It How U Live!, in 1997. Two years later, Cash Money would sign a contract with the record label Universal. The boys will help bring the Guerrilla Warfare album to number one on the Billboard R & B Hip-Hop Albums Chart.

In 1998 he appeared in Juvenile’s hits “Back That Thing Up” or “Back That Azz Up”, as mentioned on Juvenile’s album, 400 Degreez. Lil Wayne starts his solo career a year later by releasing the album Tha Block Is Hot which was awarded platinum twice; however, Lil Wayne still remains unknown in Central America.

His second album Lights Out (2000) did not quite match its predecessor but was awarded gold, and with an appearance on Big Tymers with the hit “Stunna” his success began to grow and be more and more known.

In 2005, “Tha Carter II” appeared, and Lil became the president of Cash Money Records and founded Young Money Entertainment.

“Tha Carter III” appeared in March 2008 and sold over 1 million copies in the first week, and Lil Wayne was named among the best rappers of the moment.

In 2009 he collaborated with Madonna for the song “Revolver” and with the band Weezer for the song “Can’t Stop Partying”. The artist started working on a new album, “Rebirth”, which he said would be his debut on the rock market.

In 2010, Lil Wayne released the LP “I Am Not a Human Being”, which sold in over 900,000 units in the United States. The single “Right Above It” reached 6th place on the Billboard Hot 100.

Albums and Awards

Below you will find some of the most important Lil Wayne albums and awards.

Albums

  • 1999: Tha Block is Hot
  • 2000: Light Out
  • 2002: 500 Degreez
  • 2004: Tha Carter
  • 2005: Tha Carter II
  • 2006: Like Father, Like Son
  • 2008: Tha Carter III
  • 2010: Rebirth
  • 2010: I Am Not a Human Being
  • 2011: Tha Carter IV
  • 2013: I Am Not a Human Being II
  • 2015: Free Weezy Album
  • 2018: Tha Carter V
  • 2020: Funeral

Awards

  • 2000: Best New Artist – Source Awards
  • 2008: Lyricist of the Year – BET Hip Hop Awards
  • 2008: MVP of the Year – BET Hip Hop Awards
  • 2009: Best Rap Album (The Cater III) – Grammy Awards
  • 2009: Best Male Hip Hop Artist – BET Awards
  • 2009 and 2010: Urban Songwriter of the Year – BMI Awards
  • 2011: Top Rap Album (I Am Not a Human Being) – Billboard Music Awards
  • 2012: Best Rap Artist – Billboard Music Awards
  • 2012: Best Male Artist – Billboard Music Awards

Assets

Lil Wayne owns a house on Miami beach for which he paid $17 million.

As for the cars, he paid $443,000 for his Rolls Royce Phantom Drophead Coupe. Also, he owns a black Bugatti Veyron which reaches 60mph in just 2.5 seconds.

Lil Wayne paid around $1 million for a pair of diamond Beats headphones from Dr. Dre. He really loves diamonds and bought a diamond watch for $1 million.

Lil Wayne Quotes

I’m an addict, I’m addicted to success. Thankfully, there’s no rehab for success.” 

“I just always expect the best because I’m a competitor and if I’m competing, then obviously I’m trying to be better in everything.”

“Trying to tear down the past prohibits you from building up your future.” 

“I believe that music is another form of news. Music is another form of journalism to me so I have to cover all the areas with my album.”

“I like people that enjoy life, ’cause I do the same.”

“The more time you spend contemplating what you should have done… you lose valuable time planning what you can and will do.”

FAQs

How old is Lil Wayne?

Currently, Lil Wayne is 39 years old. He was born on September 27, 1982.

How tall is Lil Wayne?

Lil Wayne has a height of 5 ft 6 in, which is equal to 1.68 m.

How much is Lil Wayne worth?

It is estimated that Lil Wayne has a net worth of $170 million.

Alec Pow
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