Thats honestly sad man. At this point in his career he should buying his masters and not selling them off.Lil Wayne adopted many monikers during his career. No doubt, the answer is Dwayne Michael Carter Jr, aka Lil Wayne. Lil Wayne is an American rapper. He is regarded as one of the most influential hip hop artists of his generation. Timothy Wayne, 21, signs record deal while studying history at LSU; uncle Tim McGraw produces his music. Find out the top 18 broke musicians. Artists like Billy Joel, Tom Petty, Marvin Gaye and Michael Jackson all were rich but then lost it all. NeYo, Fat Joe, Jadakiss, Zaytoven and others are accused of charging new artists up to thousands of dollars in a marketing scheme.