Here we talk about the net worth of Duff McKagan. In this article, we are telling about net worth & salary. We are also telling you about their early life, personal life & so many things. In today’s piece, we’ve discussed every aspect of Duff Mckagan’s career. Please continue scrolling down!
Contents
What is Duff McKagan’s Net Worth?
US singer and author Duff McKagan have a net worth of $70 million. Among music fans, McKagan is best known for his role as bassist with Guns N’ Roses. He has also played with Velvet Revolver and Loaded, and he was the bass player for Jane’s Addiction for a short time.
Duff originally joined Guns N’ Roses in 1985 and left in 1997, but returned to the group in 2016, four years after their induction into the Rock & Roll Hall of Fame. In addition to his two solo albums and five albums with Guns N’ Roses, Duff McKagan has also released three albums with Loaded, two with Velvet Revolver, and two with Velvet Revolver.
He also contributes to publications like ESPN.com, SeattleWeekly.com, and Playboy.com with weekly columns. Duff’s books “It’s So Easy: And Other Lies” (2011) and “How to Be a Man: (and other illusions)” (2015) are two examples of his writing.
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Duff McKagan’s Early Life.
Duff McKagan’s birthdate is February 5, 1964, in Seattle, Washington, making him 55 years old. He was raised in Seattle by his mother Marie, his father Elmer, and seven older siblings in the University District. McKagan has been called “Duff” since he was a young child.
Marie, his mother, became a medical stenographer after her and his father’s divorce. Duff learned to play bass from his brother Bruce, and he improved his talents by jamming to albums by Black Flag (“Damaged”) and Prince (1999).
McKagan started at Roosevelt High School, but he dropped out during his sophomore year. He then worked as a pastry chef for the Great American Food and Beverage Company while he got his GED. In 2012, after his commencement address at Roosevelt High School, he was honored with an honorary diploma.
Guns N’ Roses
Duff started his musical career in a punk band named the Veins in 1979. He then went on to play with the Living, the Fastbacks, and The Fartz (later known as 10 Minute Warning). After moving to Los Angeles in 1983, he answered a newspaper post and met future Guns N’ Roses colleagues Slash and Steven Adler, forming the band Road Crew.
McKagan joined Axl Rose, Izzy Stradlin, Tracii Guns, and Rob Gardner’s new band Guns N’ Roses in 1985 as the bassist; two months later, Steven Adler and Slash replaced Gardner and Guns, who had left the band. Two days of practice were all that was needed before the band played their first show at The Troubadour on June 6, 1985.
Since its release in 1987, Guns N’ Roses’ “Appetite for Destruction” has sold over 28 million copies, making it the best-selling debut album of all time. The albums “G N’ R Lies” (1988), “Use Your Illusion I” (1991), “Use Your Illusion II” (1991), and “The Spaghetti Incident?” (1993) were all released when Duff was a member of Guns N’ Roses (1993).
Solo and other Projects
McKagan, Steve Jones, John Taylor, and Matt Sorum formed the supergroup Neurotic Outsiders in 1995; they released an album under their name in 1996 before breaking up the following year. After Duff had his first child in August 1997, he decided to leave Guns N’ Roses.
He moved back to Seattle and, in 1998, reunited with the band 10 Minute Warning, releasing an album under the same name. Although McKagan’s follow-up to 1993’s “Believe in Me,” “Beautiful Disease,” was scheduled for release in 1999, the album’s commercial rights were lost when Duff was dropped from his label during the merger of Interscope Records and Geffen Records.
However, he did go on tour to support the album, and he did so as a member of the band Loaded, which also featured Dez Cadena, Michael Barragan, and Taz Bentley. The band has released several albums, including “Episode 1999: Life” (1999), “Dark Days” (2001), “Sick” (2009), and “The Taking,” showcasing their various Loaded incarnations.
Duff, Slash, Matt Sorum, Dave Kushner, and Scott Weiland formed Velvet Revolver in 2002, and their first album, “Contraband,” released in 2004, was nominated for three Grammys. After the success of 2006’s “Contraband,” the band released 2007’s “Libertad” before going on hiatus after Weiland’s departure in 2008.
From 2006 to 2010, McKagan was a member of Alice in Chains and Jane’s Addiction, respectively, and from 2012 to 2013, he toured with the Rock N Roll All Stars, later renamed the Kings of Chaos.
After performing in a handful of shows with Guns N’ Roses in 2014, he joined them again in 2016 to perform as the festival’s headlining act at Coachella and launch the Not in This Lifetime… Tour. “Tenderness,” a solo album by Duff, was released this year.
Duff McKagan’s Other Ventures.
McKagan made an appearance in “The Dead Pool” in 1988, then played a rock star vampire on “Sliders” on Fox in 1997, and finally starred as himself on “Portlandia” on IFC in 2014. Both the 1999 documentary “Betty Blowtorch and Her Amazing True Life Adventures” and the 1999 EP “Get Off” by Betty Blowtorch included him.
Duff started the music industry-focused asset management company Meridian Rock in 2011. It’s So Easy (And Other Lies) is a documentary on McKagan that was released in 2015 by Rainstorm Entertainment. Duff, along with director Christopher Duddy, is recognized as a writer on the picture.
Duff McKagan’s Personal Life.
It was on May 28th, 1988 that Duff wed Mandy Brixx. He filed for divorce in April of 1990, and later that year, he wed Linda Johnson. After his divorce from Johnson three years later, McKagan tied the knot with Susan Holmes on August 28, 1999.
Grace and Mae, the couple’s daughters, were born in August 1997 and July 2000. Because of acute alcohol-induced pancreatitis, Duff was admitted to Seattle’s Northwest Hospital and Medical Center in 1994. His pancreas had swollen and begun leaking digestive enzymes into his body. McKagan, then 30 years old, was warned that he would likely die within a month if he did not stop drinking.
Duff admitted to drinking “a gallon of vodka a day” before taking up mountain biking and martial arts, which he says played a significant role in his sobriety and helped him land a job in 2005.
McKagan began his formal education with a finance course at Santa Monica Community College in 1994. He then continued his education at Seattle Central Community College and Seattle University’s Albers School of Business and Economics.
Stock Holdings
While resting and getting his thoughts together, Duff used his newfound financial expertise to investigate the band Guns N’ Roses’ financial standing. He rapidly realized that, unlike many of their contemporaries, Guns N’ Roses was handled very well financially, but was still losing a lot of money on tour to promote album sales.
He found out that tours were used as a “loss leader” to promote CD purchases. Duff was a pioneer in the music industry when he realized he could significantly increase his income by switching to ticket and merch sales rather than album sales. In addition to lining up tour sponsors, he started peddling the band’s VIP packages and other money-making extras.
Every member of the band had an equal stake in the business. Because he was no longer spending his money on drugs and booze, Duff suddenly had a large sum of cash that he could put to better use. The year was 1994, and he had just saved up $100,000 when he made his first foray into the stock market. Since he was raised in Seattle, he decided to apply there three times. These are the stocks he decided to invest in:
- Starbucks
- Amazon
- Microsoft
It is unclear how many shares, if any, Duff still owns today, but if those were his VERY FIRST stock choices, he has certainly been very astute with his stock investments throughout the years.
Duff McKagan’s Awards and Nominations.
McKagan helped Guns N’ Roses earn nominations for four Grammys, four BRIT Awards, and six Denmark GAFFA Awards during his time in the band. The band has been nominated for eight American Music Awards and has won three: Favorite Pop/Rock Single in 1989 for “Sweet Child of Mine,” Favorite Heavy Metal/Hard Rock Album in 1990 for “Appetite for Destruction,” and Favorite Heavy Metal/Hard Rock Artist in both 1990 and 1992.
They have been honored with several “Billboard” awards, including the Top New Pop Artist award in 1988 and the Top Tour/Top Draw award for their 1988 album Not in This Lifetime. Ticketmaster Touring Milestone Award for the Not in This Lifetime… Tour in 2017, World Music Awards for World’s Best-Selling Hard Rock Artist of the Year and World’s Best Group in 1993, etc. Visit in 2019 for a tour.
As a band, Guns N’ Roses have taken home four MTV Video Music Awards: Best New Artist in a Video for “Welcome to the Jungle” (1988), Best Heavy Metal Video for “Sweet Child O’ Mine” (1989), Best Cinematography in a Video for “November Rain” (1992), and the Video Vanguard Award in 1993. (1992). Duff received the Grammy for Best Hard Rock Performance with Velvet Revolver for “Slither” in 2005 and the Kerrang! Award for Best International Newcomer in 2004.
Duff McKagan’s Real Estate.
McKagan is an avid Los Angeles homeowner. He bought a 1,855-square-foot Studio City cottage for $425,000 in 1988 and a 4,162-square-foot Hollywood Hills mansion for $838,000 in 1990. He spent $1.5 million in 1999 on a mansion in Agoura Hills, which he later sold for $2.475 million.
After paying $960,000 for a Studio City property in 2003 and then selling it for $1.6 million in 2005, Duff bought a home in Sherman Oaks for $2.975 million four years later.
In 2017, he listed the property for $3.85 million; he also has a mansion in the area that is larger, measuring 6,760 square feet and costing $4.7 million. This larger residence has seven bedrooms and 8.25 bathrooms. McKagan also spent roughly $1.4 million on a Seattle property he purchased in 1993.
Conclusion
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