It was the first time Wayne had received the Album of the Year Grammy Award since Tha Carter III in 2009. It also won the Grammy for Best Rap Album. On April 9, 2013, it was certified platinum by the Recording Industry Association of America (RIAA) for combined sales and album-equivalent units of over one million copies in the US.
By the end of the year, the album had sold 1.5 million copies in the US and was the seventh-best-selling album of 2011 in the US. It sold 1.1 million copies in 2011 in the UK, making it Wayne's best-selling album there, and selling 5.1 million copies worldwide. Tha Carter IV spent thirty-two weeks at the top of the US Billboard 200, which made it the longest-running number one album of 2011. In August 2012, the album was certified six times platinum by the Recording Industry Association of America (RIAA) for combined sales and album-equivalent units of over six million units in the US. On December 9, 2013, the album was certified double platinum by the Recording Industry Association of America (RIAA) for combined sales and album-equivalent units of over two million units.
Tha Carter IV won the Best Rap Album award at the 2012 Billboard Music Awards. On the Billboard Hot 100, the album spent twenty-five non-consecutive weeks at number one. The album also ranked as the number one rap album of 2012 on the magazine's year-end list. Tha Carter IV was nominated for four 2012 Grammy Awards, including Record of the Year, which it won. It was also nominated for Album of the Year.
In 2012, the album topped the Billboard 200 chart for an eleventh week and the top spot on the Billboard R&B/Hip-Hop Albums chart for a fifteenth week. It was the fourth consecutive year the album had topped the R&B/Hip-Hop Albums chart, and the second time it had topped the Billboard 200, following the success of Tha Carter III.
The album was supported by the Carter 4 World Tour, which began on October 28, 2011 in Buenos Aires, Argentina and finished on December 1, 2011 in Atlanta, Georgia. The tour consisted of 99 shows in 48 countries. It was the most successful tour of the year, grossing more than $143 million, and grossed over $250 million worldwide.
On October 7, 2011, Wayne received his second GQ Icon Award. A month later, Wayne received the ALMA Award for Favorite Rap/R&B Male Artist. After being nominated for a W.A.R.P (Web Awards Rap) for the album, Wayne won the award.
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