Suge Knight is Broke! The Entrepreneur's Valuables Sold at Auction

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Suge Knight Is Broke

Former mega entrepreneur, wheeler-dealer Marion "Suge" Knight is strapped for cash. The fallen rap mogul has an exorbitant storage bill that needs to be paid.

Knight stored furnishings and other valuables at the Conejo Valley Moving & Storage in Simi, Calif. According to published reports, the former Death Row Records CEO fell behind seven months in storage company payments to the tune of several thousands dollars.

The owners of the storage company gave Knight more than enough opportunities to pay off his surmounting debt, but since he didn't, they decided to hold an auction. Items such as appliances, furniture, gym equipment and even underwear, were sold off on Monday. A large picture of rapper Tupac Shakur and Knight went for a mere $100. The owners of the photo mentioned that they would be auctioning it off on eBay to the highest bidder.

The large crowd of hungry takers swept up everything within 30 minutes. The owners of the storage company expected the "shot caller" to show up, but he never made it. The company made $4,500, and there is still a hefty balance on Knight's account, according to owner Joe Furmidge.

Knight's money troubles don't just end with his outstanding storage fees. The former multimillionaire is being sued by one of his baby mommas, Tammy Renell Hawkins, who has a 4-year-old, Taz Maree, with Knight. Hawkins filed papers last month, claiming Knight has fallen behind in his child support payments.

Death Row Records, former home to legendary artists such as Snoop Dogg, Dr. Dre and Tupac Shakur, grossed more than $100 million. Now, Knight claims he earns $1,307 per month, making his child support payments to Hawkins just $302.00 a month.

Will Knight ever learn from his previous mistakes? More than a year ago, he was also sued by his ex-wife, Michel'le Toussaint, for failing to pay more than $40,000 in court-ordered spousal and child support.

There is more drama to come for this former music exec. Keep your ears peeled!



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