Suga Net Worth
Suga net worth: Suga is a South Korean rapper, songwriter, and record producer who has a net worth of $20 million. He is best known for being a rapper in the South Korean boy band BTS, also known as the Bangtan Boys.
Suga was born Min Yoongi in Daegu, South Korea in March 1993. BTS group formed in 2013 and released their debut studio album Dark & Wild in Korean in 2014. That album reached #2 in Korea and #3 on the US World chart. BTS released the Korean album Wings in 2016 which reached #1 in Korea and #1 on the US World chart. The group released the Korean album Love Yourself: Tear in 2018 which reached #1 in Korea and on the Billboard 200 chart as well as on the US World chart. The album also reached #2 in Canada, #3 in Japan, and the Top 10 in several other countries. BTS released the Japanese album Wake Up in 2014 which reached #3 in Japan and their Japanese album Youth was released in 2016 and reached #1 in Japan. Their Japanese album Face Yourself was released in 2018 and reached #1 in Japan and on the US World chart. They have had many #1 singles including "Fire", "Blood Sweat & Tears", "Spring Day", "Not Today", "DNA", "Fake Love", "For You", and "Chi, Ase Namida". Suga won a Melon Music Award in 2017 for producing the song "Wine" by Suran. He released the successful mixtape Agust D in 2016.
Earnings: In 2019 the group generated $170 million touring. The only group to earn more was Metallica. Thanks largely to these touring revenues, between June 2019 and June 2020, the BTS members earned a combined $50 million, roughly $7 million per member.
Big Hit IPO: On September 28, 2020, BTS' management company Big Hit Entertainment went public a South Korean stock exchange. The company ended its first day of trading with a market cap of $4.1 billion. It was the third-largest South Korean stock market debut in three years. As owner of 43% of the company, Big Hit founder Bang Si-Hyuk ended the IPO day with a net worth of $1.4 million. A month before the public offering Bang gave each member of the group 68,385 shares in the company ahead of its IPO. At the end of the company's first day of trading each of the seven members found themselves sitting on stakes worth $7.9 million.
|Net Worth:||$20 Million|