Suge Knight’s Net Worth: Was He Arrested For Parole Violations? Suge Knight has a net worth of $200,000 as an American record executive, music producer, and entrepreneur. Suge Knight is most known as the co-founder of Death Row Records, a record company that saw phenomenal success in the 1990s courtesy of musicians like Tupac, Dr. Dre, and Snoop Dogg.
Suge Knight’s net worth is projected to be $200,000 as of 2022.
He has collaborated with international superstars including Dr. Dre, Tupac Shakur, Outlawz, and Tha Dogg Pound during his career.
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|Net Worth:||$200 Thousand|
|Born:||April 19, 1965|
|Country of Origin:||United States of America|
|Source of Wealth:||Professional Record Producer|
Suge Knight’s Early Years
Suge Knight was born Marion Knight Jr. in Compton, California on April 19, 1965. His childhood appellation “Sugar Bear” evolved into his later pseudonym “Suge.” His parents are Maxine and Marion Knight Sr. Suge graduated from Lynwood High School in 1983, where he excelled in football and athletics. He played football for two years at El Camino College before transferring to the University of Nevada, Las Vegas in 1985, where he played for two more years.
Knight was a replacement player for the Los Angeles Rams during the 1987 NFL Players Strike. Two games were played with them.
Suge Knight’s Early Profession
Knight began working as a concert producer and bodyguard for numerous celebrities, including Bobby Brown, after leaving the NFL. Knight founded his own music publishing company in 1989 and hit it big when Vanilla Ice signed over the rights for “Ice Ice Baby” to him. However, controversy accompanied it.
Knight then established an artist management firm and signed hip hop musicians DJ Quik and The D.O.C. This is how he met numerous members of the gangsta rap group N.W.A.
Suge Knight’s Death Row Documents
Suge is most known as the former CEO and co-founder of Death Row Records, a label that was essential in popularising gangster rap in the 1990s.
After Mr. Knight was arrested for parole violations, Death Row Records began to crumble. Soon, a number of Death Row’s most prominent musicians, including Dr. Dre, began to quit the label.
During its prime, Death Row sold more than 150 million albums worldwide and made an estimated $750 million in net revenue.
Tupac Shakur And Biggie Smalls Were Murdered
Suge Knight has been the focus of various speculations regarding the deaths of Tupac Shakur and The Notorious B.I.G., despite never being charged with a crime. 7 September 1996, Tupac Shakur was shot in a drive-by shooting. Tupac had been in the car with Suge Knight. At 11:15 p.m., a white Cadillac drew up to the right side of Knight, and four shots were fired at Shakur.
Biggie Smalls, Shakur’s East Coast rival, was slain in a similar manner on March 9, 1997. Former Death Row musicians such as Snoop Dog speculated that Knight was responsible for both murders and that Biggie’s death was a vengeance killing. His murder has never been solved, although it is widely believed that he was murdered by the Crips street gang.
Suge Knight’s Financial Problems
In 2002, the Internal Revenue Service reported that Suge owed $6.5 million in overdue taxes. Suge filed for personal bankruptcy in 2006. At the time, he claimed to have assets worth between zero dollars and fifty thousand dollars.
In 2009, Death Row’s assets were auctioned off for $18 million. The successful bidder was the WIDEawake Entertainment Group. WIDEawake was ultimately sold to the Canadian firm New Solutions Financial Corp. In 2012, New Solutions Financial Corporation filed for bankruptcy. Blackstone acquired Death Row Records’ brand name and intellectual property rights to Snoop Dogg for an unknown fee in February 2022.
Suge Knight’s Legal Matters
Suge has had multiple run-ins with the law in the two decades following Death Row. Between 1997 to 2001, he served four years in prison for parole violations. In 2003, he was sent back to prison for breaking parole.
From 2008 to 2009, Suge was involved in numerous physical altercations. On February 8, 2012, he was detained again in Las Vegas on marijuana charges. Knight was shot in 2014 at a Video Music Awards celebration thrown by Chris Brown at a West Hollywood Sunset Strip nightclub. Knight was indicted in August 2017 for threatening the life of “Straight Outta Compton” filmmaker F. Gary Gray.
Suge Knight’s Fatal Hit-And-Run Collision
Suge Knight was allegedly engaged in a fatal hit-and-run collision in Compton on January 29, 2015. The event may have been related to a fight that occurred on the set of a film. According to witnesses, Suge backed his truck over the man and then drove away. Then, Suge allegedly fled the area and abandoned his vehicle in a parking lot. Suge pled no contest to voluntary manslaughter on September 20, 2018, and now faces up to 28 years in state prison. Knight is jailed at the RJ Donovan Correctional Facility in San Diego as of 2020.
Suge Knight’s Personal Facts
Knight wed American R&B singer Michelle while incarcerated in 1999. He had previously assisted her in obtaining sobriety by sending her to rehab. Six years later, when she filed for divorce, she discovered that their marriage was actually unlawful because he was officially still married to an ex-wife. They have a daughter named Bailey (b. 2002). Suge’s fiancee Toi Lin Kelly was sentenced to three years in prison in 2018 for aiding Knight in contacting the makers of a 2015 Death Row Records tell-all. Prior to his murder trial, a court had previously prohibited Knight from communicating with anybody other than his attorney.
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