Rapper Lil Wayne continues to be one of the most popular entertainers in the world. Born Dwayne Michael Carter, Jr., Lil Wayne has been in the music industry since the age of nine when he became half of a duo known as the B.G.’z. Since 1999, the start of his solo music career, he has released 12 albums and dozens of songs that receive widespread play on the radio. He is a record producer in his own right and chief executive officer of his own label called Young Money Entertainment. Additionally, he is also the president of Cash Money Records, a parent company to his own record label.
Given his extensive professional commitments and talents, it stands to reason that Lil Wayne also remains one of the most profitable rappers today. His net worth is reported to be $140 million. His income comes not only from his own record and song releases, but also from commissions that he earns from producing, releasing, and promoting the music of other rappers and singers.
In addition to earning money from performing and producing music, he also counts as a source of income his documentary, entitled Tha Carter. Tha Carter was screened at the international Sundance Film Festival in 2009 and received wide acclaim among festival goers. He has announced several projects that he is working on for the future. These future projects will undoubtedly add to his fortune and continue to solidify his reputation as an icon in the rap music industry. As busy as he is right now, however, he does plan to retire at some point in the near future. As the father of four children, he confirms that his upcoming album Tha Carter V will be his last record before he retires to spend time with his family.
How Much Was Lil Wayne Worth In 2013?
Even with eyes on retirement, Lil Wayne enjoyed a net worth between $135 million to $140 million in 2013. In fact, Forbes Magazine reports that Lil Wayne net worth stood at $46 million that year alone, charging as much as $600,000 for every live performance that he accepted to be a part of that year. Combined with his prior earnings, his net worth skyrocketed to near the $140 million mark by the end of 2013.
So lucrative is Lil Wayne’s music that he surpassed Elvis Presley with the number of top 100 Billboard song released during his career. He has 109 top 100 songs to his credit, making him one of the most selling acts in rap music, as well as the music industry as a whole. Several of his albums have also gone certified gold and platinum, a hallmark standard in the music industry to which many artists attain. In fact, in 2008 his album Tha Carter III sold more than one million copies in its first week of release, an achievement that is rare in music today.
Lil Wayne’s talent and finesse for doing business in the music industry has made him a valuable commodity to have on board when new artists want to gain foothold in rap and hip hop music. Part of the Lil Wayne net worth of $140 million stems from his collaborations with up and coming artists like Tyga, Drake, and Nikki Minaj. He also works routinely with hip hop legends like Jay Z, Birdman, Busta Rhymes, and Rick Ross. Even with an impressive fortune at his disposal, Lil Wayne also uses his income for the common good. He has established a foundation called One Family, which encourages children to use their talents and to dream beyond their existing lifestyles and