Dwayne Carter Jr also known as Lil Wayne and Weezy is a rapper from New Orleans with an estimated net worth of $150 million.
Lil Wayne Net Worth: Music Career
Weezy’s career started at an early age, at 8 he had already written his first song and the following year at 9, he got signed to Cash Money Records. After success with the Hot Boys group, Weezy went solo and released his first album ‘The Block is Hot’ which went double platinum and earned him a lot of money.
The rapper earned eight months behind bars and after his release, he went on to release numerous singles that were highly successful, among them was ‘Lollipop’ which performed very well on the charts. His rock album was also very successful. In 2008, Lil Wayne won four out of the 8 Grammys he was nominated for.
In 2005, he became the president of Cash Money records and opened a label Young Money Records. He went ahead to handpick some artists for his label including Drake, Nicki Minaj, Tyga among others. These artists have become themselves household names and have earned millions of dollars.
See Also: Jay Z Net Worth
Lil Wayne Net Worth: Other Sources
Aside from the music industry, Lil Wayne’s wealth also comes from endorsement deals with companies such as Pepsi and Cover-girl which pays him extremely well to promote their products. In addition, his accumulated property also adds to his wealth. For example, his Bugatti Veyron car is estimated at a whooping $1 million. It is believed that Weezy was among the very first rappers to have acquired this make of vehicle which in itself says a lot about his wealth.
Weezy has also made some investments that are doing quite well. He owns a chain of restaurants including “Fat Lil Wayne Burger”, a fashion clothing line called “Truckfit”, a perfume line called “Love”, a shoe line called “Supra” and “Wiz and Ope” a watch line which he co-owns with a French company. He recently launched his own line of Beats by Dre called “Tunechi Beats By Dre”.
With all these investments, Weezy has proved he can do something more than rapping and riding on a fancy skateboard.
It is interesting to note that unlike most rappers whose careers become affected by jail time, the story wasn’t the same for Lil Wayne. His wealth also suffered no repercussions following the alleged shooting at his Miami home as police couldn’t find any evidence.
Lil Wayne’s empire keeps growing as his music does well and the artists he has produced also continue to bring money to his label while his side investments also keep making profits. Not forgetting that he does major tours from which he gets to earn lots of money from every performance and appearance. Weezy earned $14 million between June 2015 and June 2016, most of which came from touring.
See Also: Top 21 Highest Earning Rappers 2016
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