What does the cryptic crossword clue "A loner wasted money from recording artist (8)" mean?

The definition is "artist". The wordplay uses a homophone (sounds like). anagram of A,LONER, then sounds like DOUGH(money) The answer is LEONARDO.

A loner wasted money from recording artist (8)

Times Cryptic #29212 | 9 Across | 2025-04-24 flower