History of Young Money

In October 2007, Lil Wayne said in an interview with Vibe that he had stepped down as President of the label, and had given the position to Cortez Bryant. As of 2009, Mack Maine is serving as President. Rapper Drake signed a joint venture between Cash Money Records and Young Money. President Mack Maine confirmed that Omarion was no longer on the label after many rumours were circulating the internet. On March 6, 2010, Lil Wayne confirmed that rapper Cory Gunz was the latest artist to sign.
To promote their collaboration album We Are Young Money, which was released on December 21, 2009, Young Money artists embarked on the Young Money Tour.
The label had four of the top 10 highest sales in hip hop albums with — in order — Drake's Thank Me Later, Lil Wayne's Rebirth, Young Money's We Are Young Money, and Drake's So Far Gone.

(thanks to Wikipedia.org)