Suga Net Worth 2022: Why Did He Name Himself?

Yoon-gi Min Yoon-gi (born March 9, 1993), better known by his stage names Suga (stylized in all capitals) and Agust D, is an artist from South Korea.

He made his BTS debut in 2013 as a member of the South Korean boy band Big Bang Theory under the management of Big Hit Music. Agust D.

was released in 2016 as his debut solo mixtape. For digital purchase and streaming, he re-released the mixtape in 2018. Billboard's World Albums Chart ranked the reissue at number three. D-2, his second solo mixtape, was released in 2020.

ARIA Albums Charts in Australia and the United Kingdom both ranked the mixtape as the second-highest-selling album in the country, while the US Billboard 200 charted it at number 11.

Songwriter and producer Suga is responsible for more than 100 songs, including Suran's “Wine,” which climbed to number two on the Gaon Music Chart and won the Melon Music Awards' best Soul/R&B track of 2017.

Early life and Education

On March 9th, 1993, Min Yoon-gi was born in Daegu, South Korea. He went to Daejeon Elementary, Gwaneum Middle, and Apgujeong High School as the younger of two sons.

Graduated from Global Cyber University in Broadcasting and Entertainment with a bachelor's degree in March 2019 and entered Hanyang Cyber University for a master's in Advertising and Media.



 suga net worth

Suga says that after hearing “Ragga Muffin” by Stony Skunk, which he describes as being unlike anything else he had ever heard before, he became fascinated with the genre of rap. After listening to Epik High, he made the decision to pursue a career in rapping.

By the time he was 13, he had already started writing music lyrics and had begun to study MIDI. By the time he was 17, he was working a part-time job at a recording studio.

After that, he began his career as a musician by writing and arranging songs, rapping, and playing live. Prior to getting signed, he was an active member of the underground rap scene under the moniker Gloss.

 In 2010, as a member of the hip hop crew D-Town, he was responsible for the production of the song “518-062,” which was a tribute to the Gwangju Uprising.

Suga first joined the firm as a music producer, and throughout his time there, he studied under Big Hit Entertainment with bandmates J-Hope and RM for a total of three years.

On Mnet's M Countdown, he made his first appearance as a member of BTS with the song “No More Dream,” which was taken from the group's debut single album, 2 Cool 4 Skool.

On each of BTS's albums, he has contributed to the production of many tunes as well as the writing of the lyrics for those tracks.

Suga Net Worth

 suga net worth

Suga is a South Korean rapper, composer, and record producer who has a net worth of $20 million. Suga is known for his work in the music industry. His role as a rapper in the South Korean boy band BTS, commonly known as the Bangtan Boys, is mostly responsible for his notoriety.

In March of 1993 in the city of Daegu, South Korea, Suga's birth name was Min Yoongi. The BTS group was established in 2013, and in 2014 they released their debut studio album in the Korean language titled Dark & Wild.

This album hit number two on the charts in Korea and number three on the US World chart. In 2016, BTS released the Korean album Wings, which quickly climbed to the top of the charts in both Korea and the United States World album chart.

In 2018, the band released the album Love Yourself: Tear in Korea, which quickly rose to the top of the charts in both Korea and the United States, including the Billboard 200 and the US World charts. Additionally, the album peaked at number two in Canada, number three in Japan, and among the top ten in a number of other countries.

BTS's Japanese album Wake Up was published in 2014 and peaked at position #3 on the Japanese album chart. Two years later, in 2016, BTS released their Japanese album Youth, which topped the chart in Japan.

Their Japanese album, titled Face Yourself, was published in 2018, and it quickly climbed to the top spot on the World album chart in both Japan and the United States.

They have a number of tracks that have reached number one on the charts, including “Fire,” “Blood Sweat & Tears,” “Spring Day,” “Not Today,” “DNA,” “Fake Love,” “For You,” and “Chi, Ase Namida.”

In 2017, Suga was awarded a Melon Music Award for creating “Wine,” which was performed by Suran. In 2016, he was popular with the release of his mixtape titled “Agust D.”


Touring brought in a total of $170 million for the band in 2019. Metallica was the only band to earn more than the others combined.

Between June 2019 and June 2020, the members of BTS earned a collective $50 million, or around $7 million for each member, thanks largely to the profits generated from their touring activities.

Big Hit IPO

 suga net worth

The management business for BTS, Big Hit Entertainment, had its initial public offering (IPO) on the stock market in South Korea on September 28, 2020. The market capitalization of the firm was $4.1 billion while trading for the first time ever today.

In the past three years, it was the third-largest South Korean stock market debut by value. Big Hit founder Bang Si-Hyuk completed the day of the business's initial public offering (IPO) with a net worth of $1.4 million.

Bang Si-Hyuk owns 43 percent of the company. One month before the initial public offering, Bang distributed 68,385 shares of the firm to each member of the group. This was in preparation for the IPO.

When the first day of trading for the firm was over, each of the seven members realized that they had holdings that were worth $7.9 million.

Frequently Asked Questions

Why Did Suga Name Himself?

The initial syllables of the word “shooting guard,” which is the position he played in basketball while he was a student, served as the inspiration for the stage name “Suga” (). It was in 2016 that he decided to release his mixtape under the moniker Agust D, which is a combination of the initials DT, which stand for the town in which he was born (Daegu Town), and the word “Suga” spelled backward.

Does Suga Have a Kid?

The K-Pop dancer made the decision to tell an unexpected narrative on their trip for In The SOOP Season 1, and the whole thing was recorded on tape. Jimin made the decision to present a very strange narrative and let slip the secret that Suga had a son when the group was on the road filming their reality program.