You know you at the top when only heaven is right above it

from Lil Wayne (Ft. Drake) – Right Above It Lyrics on Rap Genius

Meaning

You can only be the best when only thing that is above you is heaven.

He may also be paying tribute to one of the best rappers jay-z who calls himself hov short for Jehovah or God. so the line would read you know you’re doing well in the rap business if Jay-Z is the only person above you.

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