Min Yoongi, more commonly known by his stage names Suga and Agust D, attained global fame after making his debut as the lead rapper of the superstar group BTS back in June 2013. Years after making his debut with the group, Suga went on to become one of the top idols in the industry. Not only for his jaw-dropping rap and producing skills, but also for his immense influence all over the world.
Since his debut, Suga has been active as both a BTS member and with his own individual activities. With Suga having been in the industry for over nine years, how rich has the "Daechwita" rapper become?
Curious about his net worth? Read on to find out!
BTS Suga Net Worth 2022
According to a media outlet, it is estimated that Suga has an individual net worth of around 31 million USD as of this year. However, his net worth can go up as high as 33 million USD.
With BTS immense global popularity these past years, which is showing no signs of stopping any time soon, in addition to the group's influence and loyal fanbase, Suga's net worth figure doesn't come off as a surprise.
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But with his 33 million USD in earnings, is the 29-year-old the richest member of the group?
The answer is no, as the current richest member of BTS is J-Hope. However, Suga follows behind as the second richest.
With that, how did Suga earn such a net worth figure?
How Did Suga Earn His Net Worth?
Suga earned a significant amount of his net worth through his earnings from his promotions with BTS. This includes their profits from their music releases, as well as merchandise.
In addition, it is expected that BTS has one of the highest talent and appearance fees among K-pop groups, given their immense popularity and brand power that makes them one of the most in-demand celebrities.
With that, BTS also earns a considerable amount from their endorsement deals, broadcast appearances, and more.
In fact, BTS as a group has a net worth of over 100 million USD, giving Suga a base salary of around 8 million USD per year. He earned an additional 16 million USD with his 68,000 shares invested in HYBE, bringing his net worth amount to 24 million USD already. This excludes Suga's separate earnings from his own activities.
When it comes to music, Suga earns a good amount from his royalties as well. In fact, he has an extensive list of songs where he is credited as a writer, composer, and producer under the Korean Music Copyright Association (KOMCA), for not only BTS and his own releases, but for other musicians as well.
As a solo artist, Suga has released his own mixtapes called "Agust D" and "D-2," where he released numerous hit solo songs such as "So Far Away," "The Last," "Tony Montana," "Agust D," "Give It to Me," "Daechwita," "Strange," "Burn It," and more.
In particular, "D-2" had landed on several music charts around the world, such as Billboard's World Albums, Independent Albums, Top Rap Albums, and Billboard 200 charts, as well as the Official Charts for Albums, Independent Albums, and Hip Hop/R&B Albums in the United Kingdom.
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Suga has also produced for other artists, including PSY, Suran, Epik High, Heize, IU, ØMI, and even for Samsung and HYBE.
Suga also earns a good amount from his personal Instagram account. Suga reportedly earns around $54,000 USD per sponsored post, which can go up as high as $644,000 USD with his 37.4 million followers.
With Suga's continuous success, the rapper was able to earn the net worth he has today.
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Written by Robyn Joan