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Lil' Wayne has had tremendous impact during his 20-year-run as a rapper, songwriter and musician. Even President Barack Obama uses him in context when he speaks to school children and their pursuit of education. In a backhanded compliment, Obama suggests that not everybody has the talent to quit school and end up as the next Lil' Wayne. His impact at the sales counter over the same period has also been tremendous. His net worth from his career now equals $107,060,500.
Born Dwayne Micheal Carter, Jr., this muscle-bound, dreadlocks-wearing rapper from New Orleans could barely wait to get into the rap game. He started his commercial career when he was nine-year-old. Once he got into the stable of Cash Money Records, it didn't take long for him to make an impact with his machine-gun style lyrics and his baby cuteness factor.
Asked by Katie Couric in a national interview in 2009 why he goes by the moniker Lil' Wayne instead of the his first name. Carter explained that his estranged father goes by Dwayne and he has never been a factor in his life so Wayne would not incorporate the D. Couric asked whether the father knew that reason and Lil' Wayne smiled and said, “he knows now.”
Lil' Wayne loves the expensive cars, the big houses and the ostentatious bling. He also has a history of loving the ganja. On multiple occasions, he along with his cronies have been stopped on tour with more weed than medically necessary for a battalion of soldiers. He also has run afoul of the law with a gun charge in New York that he spent some time at Rikers Island.
Rumor have it that Lil' Wayne has been considering retirement, but with the onslaught of legal complications his mountain of money continues to dwindle with little discernible income and no new album to prop up. As the father of four, Lil' Wayne may need to temper down the spending ways and knock one more out of the park before he spends all his loot.
