Rapper Lil Wayne is now the sole owner of Young Money the label is no longer a joint venture with Cash Money Records. Total ownership has been granted entirely to Lil Wayne as a settlement, with Birdman which was finalized in June. Wayne's next album the long-awaited and anticipated Carter 5 will be distributed by Republic Records and marks the rappers first not under Cash Money. Congrats to Lil Wayne for getting that business in order. It should also be noted that Wayne and Birdman recently reconciled settling putting aside their differences.