How Did Lil Wayne Net Worth Reach the $150M Mark

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The American rapper, Lil Wayne AKA Weezy is not just a musician but a businessman and a CEO. He has a net value of around $150 million though he ends up spending most of it. Lil Wayne is mostly known for his unique voice and dressing style.

Early Life

Dwayne Michael Carter Jr. AKA Lil Wayne was born in New Orleans on September 27, 1982. He joined the music industry at just the age of nine. Dwayne dropped out of school at the age of 14 to give more room to music. Currently, he has four children and is single.

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Suggested Read – P-Diddy Net Worth

Earnings included in Lil Wayne Net Worth

His music career

Lil is said to have made around $21 million from the sale of all his 13 albums to date.

  • In 1991, Lil Wayne was signed to ‘Cash Money Records’ and recorded his collaboration album with B.G. titled ‘True Story.’
  • He joined the group ‘Hot Boys’ in 1996, and they released their first album titled ‘Get It How U Live!’
  • In 1999, the group’s ‘Guerrilla Warfare’ hit the #1 spot on Billboard
  • When Lil Wayne was 17 the following year, he released his first solo album called ‘The Black is Hot’. It reached #3 selling 1.4 million copies and earned him around $1.7 million
  • In 2000, he released the album titled ‘Lights Out’ earning him $500,000
  • In 2002, Lil Wayne released his third album titled ‘500 Degrees’ but didn’t gain much fame and earned him only $585,000
  • He released his album ‘Tha Carter’ and sold more than 878k copies in 2004
  • He also did a feature music video with T.I called ‘Soldier.’
  • In 2005, The Carter II album was released, and it debuted at #2 and also sold around 2 million copies and cashed in $1.4 million
  • From 2006-2007, Lil Wayne just made mixtapes and collaborated with various artists like Chris Brown, DJ Khaled, Akon, Jay Sean etc., in their music videos
  • In 2008, with the release of his album ‘Tha Carter III’, Lil Wayne saw sales of almost 1 million in just the first week and made a total of $4 million
  • In 2009, Young Money and Lil Wayne released ‘We Are Young Money’ together. This album earned him $500k
  • Lil Wayne released ‘I am Not a Human Being’ which is his tenth album in 2010 selling more than 900k copies and earned $953,000
  • In 2011, Lil Wayne released ‘Tha Carter IV’ and its single ‘How to Love’ was a hit throughout the nation and earned a total of $3.5 million
  • In 2013, he released his album ‘I Am Not a Human Being II’ which grossed $570,000

Touring

  • His tour ‘I Am Music’ and ‘America’s most wanted’ in 2009, grossed around $42 million
  • His fee per appearance is $500k

Movie and TV shows

Carter appeared in the following movies:

  • Baller Blockin in 2000
  • He did a voice over for Freaknik in 2010
  • Hurricane season in 2009

He also made appearances on TV shows like MTV cribs, SNL, Tonight Show, Loiter Squad and America’s Best Dance Crew.

Property

  • He owned a home in Miami which he purchased for $13 million. The 15,100 square feet home has nine bedrooms, nine bathrooms, a guest house and a terrace which was sold for $10 million
  • He also owns a home in New Orleans which is 10,000 square feet and situated in a beautiful locality worth $1.9 million has five bedrooms and seven bathrooms
  • The rapper also owns a home in Louisiana, which is worth an estimated $1.7 million
  • He holds a home in Florida worth $7.72 million

Vehicle collection

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Lil Wayne’s Auto Collection includes:

  • Rolls Royce Phantom Drophead Coupe worth $500,000
  • A Bugatti Veyron worth $1.8 million
  • A Campagna T-Rex 14R worth $70,000
  • Cadillac STS
  • Bentley
  • Ashton Martin
  • Mercedes Benz
  • Maybach 62

Suggested Read – Jay Z Net Worth

Endorsements and ventures

  • In 2005, Lil Wayne became the President of Cash Money Records
  • In 2005, he also founded the ‘Young Money Entertainment’ and signed Nicki Minaj and Drake
  • He has an art collection worth $30 million and diamond grills worth $150,000
  • He has earned around $2 million from his Youtube Vevo views
  • Wayne owns his very own clothing line called ‘TURKFIT’ and line of Beats by Dre
  • He has an app called ‘Squad up’ and his very own line of cigars called ‘Bogey Cigars.’
  • He has a partnership with Wizendope watched and his line of shoes called ‘Supra’

Books

  • In 2016, Lil Wayne wrote a memoir about his experience in ‘Riker’s Island’ for the book ‘Gone Til’ November: A Journal of Riker’s Island.’

Social Work

Lil Wayne has helped the society many times and has never stepped back when it comes to lending a helping hand.

  • In 2005, Lil Wayne donated a sum of $200,000 to help rebuild a part that was destroyed by the Hurricane Katrina in New Orleans and also built a skating park there in 2012
  • In 2010, Lil Wayne gifted a very expensive wheelchair called the ‘Quantum 6000 wheelchair’ to a fan’s mother
  • Lil Wayne has his very own tradition of giving out around 1,000 turkeys every Thanksgiving to people living in his city
  • In 2013, he performed a show to help support the Carter Fund
  • He also contributed around $30,000 to the ‘Indiegogo’ campaign in 2013
  • In 2015, he along with Karen and Live Civil brand donated almost 500 outfits from his line called ‘TRUKFIT’ to the students of Haiti
  • He supports Make It Right and STOKED charity and also causes such as Homelessness, Children, Health, Education and Disaster relief

Conclusion

Lil Wayne has been through a lot of Legal actions in the past, but that has not stopped him from showing the philanthropist in him. He continues to give back to society and is said to retire around 35, and Tha Carter V will be his last album.

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