How much is Suge Knight worth? $200,000
How did Suge Knight earn his money and wealth?
Suge Knight, real name Marion Hugh Knight, was born on 19, April 1965 in California, US. He graduated from Lynwood High School in 1983 where he was known as a football as well as track star. He attended El Camino College from the year 1983-95 and continued playing football there. Later, Knight got transferred to University of Nevada in LA in the year 1985 where he played football for the two years. As of 2018, Suge Knight’s net worth is $200,000.
Suge Knight is not only an American rapper but is also a music executive, record producer and a former football player. After his college got over, Knight was drafted by the NFL team but later he was called to attend the Los Angeles Rams training camp. He played for the Rams in two games but became a replacement player in the 1987 players’ strike of the league. After his NFL career, Knight started working as a concert promoter and was also a bodyguard to celebrities such as Bobby Brown.
Knight later co-founded Death Row Records and is best known for being the CEO of the company which brought in gangster rap style into the mainstream in the 90s. Both Knight and Death Row Records were eager to sign music artists like Tupac Shakur, Dr. Dre as well as Snoop Dogg.
Death Row has sold more than 150 million albums across the globe and has generated around 4750 million net revenues. The company began falling apart after Mr. Knight was sentenced to prison due to parole violations. Soon after, the most of the prominent music artists of Death Row Records began leaving the company, the most notable one being the departure of Dr. Dre. When Tupac died while driving a BMW in LA sitting in the passenger seat, Knight was in the driver’s seat.
In the course of 20 years after the end of Death Row, Knight has had to go through many legal issues. He spent four years in jail due to parole violations between the years 1997 and 2001. In the year 2002, the IRS stated that Knight owned back taxes worth $6.5 million. Later, Knight went on to file a case for personal bankruptcy in the year 2006. At the time, he stated that he had assets having value up to $50,000. In the year 2009, all the assets belonging to Death Row were sold out in an auction for at a value of $18 million as the company had filed for bankruptcy in the year 2006. Later, Knight was arrested again in LA in February, 2012 basis marijuana charges. Currently, Suge Knight is the CEO of a new record label known as Black Kapital Records which was established in the year 2009.
02Read More: Jimmy Lovine Net Worth