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Suge Knight Is Broke

January 16. 2009

The late rapper Tupac (left) and Suge Knight (right)

Bloods gang member and former Death Row Records executive Suge Knight is broke. The government has been seizing and auctioning off his possessions left, right and center, to satisfy court judgments against him for huge sums of money.

Today, the government sold the recently seized Death Row records to a Canadian company called Wide Awake Holdings for $18,000,000. Knight made his money through coercion, assault and racketeering, therefore it is no surprise things ended in this manner.

Last year Suge's Los Angeles mansion was auctioned off

STORY SOURCE

DEATH ROW SOLD FOR $18 MILLION

The assets of SNOOP DOGG and TUPAC SHAKUR's former record label have been sold at auction for just $18 million (GBP12 million). Death Row went under the hammer on Thursday (15Jan09) and was sold to a Canadian company, called Wide Awake Holdings. Record label co-founder Marion 'Suge' Knight lost the rights to Death Row's assets after declaring bankruptcy in 2006.

http://www.contactmusic.com

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