Lil Wayne's net worth, for his fans, is lower than what the public expects and what it should be.
Having decades old of career made Lil Wayne one of the most famous rappers in the industry. He initially became part of Hot Boys in 1997 before launching his solo career when he was 17.
Fans believe that the rapper, who is now 40 years old, should have a higher net worth than he currently has. However, he went through financial issues and struggles in the past years.
Lil Wayne Net Worth 2023
According to Celebrity Net Worth, Lil Wayne's net worth as of 2023 is $170 million. He has a lot of income sources, as he works as a rapper, producer, and music executive.
However, his finances were affected by several legal issues he faced in the past years.
The website shows that the "Sucker for Pain" singer had the highest earning in 2020, adding $100 million to his bank account. However, the amount plunged to $5 million the next year.
As for Lil Wayne's controversies, the rapper is no longer a stranger to police arrests. He has been arrested multiple times, including the arrest in 2007 due to possession of marijuana and criminal possession of a weapon.
The following year, he dealt with more serious charges as the Border Patrol in Arizona found weapons and illegal drugs in large quantities inside his tour bus.
At that time, he was charged with possession of narcotic drugs.
He spent jail time again in 2010 for weapons charges.
Lil Wayne's Troubles As Singer Explored
His legal battles did not stop there, as he also had legal actions in the music industry.
One of which was his issue with Cash Money Records. He sued his former agency and claimed the record label violated his contract terms. He also accused them of withholding money after delaying his album's release.
Both parties soon reached a settlement, with Lil Wayne scoring a big win.
Lil Wayne also had a $14 million tax debt between 2011 and 2012. He received two separate liens from the IRS, showing that he failed to pay $7 million and $6.8 million tax debts in 2011 and 2012, respectively.
Fortunately, Jay-Z reached him out and helped him settle the amount.
"There's people like Jay-Z. He helped me when I was, really, really down. Really, really, really down," Wayne said, per USA Today. "Jay don't want me to tell nobody. That man helped me with my taxes. He's a real friend, y'all."
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