Lil Wayne is a rapper-songwriter and entrepreneur who has an estimated net worth of $140 million. He is currently making headlines after reports of shots fired at his house. Yahoo! Celebrity reported Miami Beach Police reported a shooting incident on Wednesday at the rapper's Miami Beach residence.

Lil Wayne, the 32-year-old rapper with a remarkable net worth value, started his career at a very young age of 9. He became the youngest member of record label, Cash Money Records and gained most of his success with the major selling 1999 album, "Guerilla Warfare."

Lil Wayne soon debuted his solo album, "Tha Block is Hot," which was certified double platinum by the Recording Industry Association of America, (RIAA). While his succeeding albums, "Lights Out" in 2000 and "500 Degreez" in 2002 were certified gold. But it was his fourth album, "Tha Carter" in 2001 that he reached higher popularity. The album was followed by 2005's "Tha Carter II," 2008's "Tha Carter III," which became his most successful album to date and won the Grammys for Best Rap Album.

After the success of Lil Wayne's albums, which greatly contributed to his $140 million net worth as listed by Celebrity Net Worth, he decided to record a rock genre-like album titled, "Rebirth," which was an RIAA-certified gold. But Lil Wayne's career was not without controversies. In 2010, the rapper began serving an 8-month jail sentence in New York after being convicted of criminal possession of a weapon from a July 2007 incident.

Apart from being a successful rapper with over a $100 million net worth, Lil Wayne became the chief executive officer of his own imprint, Young Money Entertainment, which was founded in 2005.   

Meanwhile, Miami Beach Police responded Wednesday afternoon to Lil Wayne's home after receiving a call that said four people inside has been shot, TMZ reported. However, after the authorities cleared the area, it was determine that it was all a hoax.

It was the second time in a week that the police had responded to the $9.4 million 10-bedroom waterfront Miami Beach estate of Lil Wayne. According to The Daily Mail, the authorities were called to the same house on Saturday because of lurker reports.

At the time of the incident, Lil Wayne was not at home and the police did not find anyone on the premises. On the other hand, while Celebrity Net Worth reports Lil Wayne's net worth to be at $140 million, The Richest claims its $135 million. On a safer side, we can say that Lil Wayne's net worth ranges from $135-$140 million.