Duff McKagan’s Net Worth in 2024: How has the American Singer become So Rich?

Duff McKagan is an American singer, songwriter, and musician who plays many instruments. People know McKagan as the bassist for the hard rock band Guns N’ Roses for twelve years.

After the band he was inducted into the Rock and Roll Hall of Fame in 2016, he joined them again. He put out a solo record called “Believe in Me” in 1993 and joined with other musicians to form the supergroup Neurotic Outsiders.  

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Duff McKagan’s Net Worth in 2024

Celebrity Net Worth says that The singer and author Duff McKagan is American and has a net worth of $70 million. A lot of people know McKagan as the bass player for the band Guns N’ Roses. 

He has also played bass for Jane’s Addiction for a short time and with Velvet Revolver and Loaded at different times. Guns N’ Roses had Duff as a member from 1985 to 1997. He rejoined the band in 2016, four years after they were inducted into the Rock and Roll Hall of Fame.  

He has put out five records with Guns N’ Roses, three with Loaded, two with Velvet Revolver, and two on his own. He also writes. Every week, he writes articles for ESPN.com, SeattleWeekly.com, and Playboy.com. “How to Be a Man: (and Other Illusions)” was Duff’s second book after “It’s So Easy: And Other Lies,” which came out in 2011.

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Duff McKagan’s Early Years

John Michael McKagan was born in Seattle, Washington, on February 5, 1964. McKagan is the eighth child that Marie and Elmer McKagan have. He was often called “Duff” when he was young.  

After his parents split up, his mother got a job as a medical stenographer to help support the family. He wrote in his book, “It’s So Easy (And Other Lies)”   that he was influenced by punk bassists like Barry Adamson and Paul Simonon.

Duff McKagan’s Career

McKagan started a punk band called the Vains in 1979. Following an ad in the newspaper, he moved to Los Angeles in 1983 and started the band Road Crew with Slash and Steven Adler, who would later join Guns N’ Roses.

After a few years, he joined Axl Rose, Izzy Stradlin, Tracii Guns, and Rob Gardner in their new band Gun N’ Roses as their bassist.  The  band’s first show was in 1985, and their first record came out in 1987.

Guns N’ Roses put out the CDs “G N’ R Lies,” “Use Your Illusion I,” “Use Your Illusion II,” and “The Spaghetti Incident?” while McKagan was in the band.  

He started the supergroup Neurotic Outsiders with Steve Jones, John Taylor, and Matt Sorum in 1995. The next year, they released an album called Neurotic Outsiders.    

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The solo record “Believe in Me” by McKagan came out in 1993. He went on tour to promote the record and joined forces with Dez Cadena to form the band Loaded.

The band put out records like “Dark Days,” “Sick,” “The Taking,” and “Episode 1999: Live.” He joined Jane’s Addiction in 2010 and Alice in Chains in 2006. After two years, he went on tour with the Rock N Roll All-Stars. In 2014, he played shows with Guns N’ Roses. Duff McKagan buys houses and stocks with his money.  

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House of Duff McKagan  

McKagan has had many homes in Los Angeles. In 1988, he bought a cottage in Studio City that was 1,855 square feet. The next year,  he paid $838,000 for a house in the Hollywood Hills that was 4,162 square feet.

He also owns a house that is 6,760 square feet and has eighteen bedrooms and eight and a half bathrooms. This is another house that McKagan bought. It cost him almost $1.4 million in 1993.

What Else Duff McKagan Bought  

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The first time McKagan put money into the stock market was in 1994 when he took $100,000. They were all in Seattle because that’s where he grew up. Apple, Microsoft, and Starbucks were the stocks he picked. Duff has been very smart about the stocks he has bought over the years.

Business Ventures

  • McKagan has invested in real estate, and the stock market, and has started or invested in various businesses.
  • He founded Meridian Rock, a wealth management firm for musicians, in 2011.

Real Estate

  • McKagan owns a Spanish-style hacienda in Los Angeles, which he purchased in 2005 for $2.975 million and listed for sale in 2019 for $3.85 million.

Income Sources

Rise to Fame with Guns N’ Roses

  • The band’s debut album, “Appetite for Destruction,” became a bestseller and remains one of the best-selling records of all time.
  • McKagan’s tenure with Guns N’ Roses catapulted him to international fame and played a crucial role in building his net worth.

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Album Sales and Royalties

  • Album sales and royalties have been a significant source of income for McKagan. He has released multiple albums with Guns N’ Roses, Velvet Revolver, and Loaded, contributing to his wealth.

Touring and Live Performances

  • Touring has been another significant contributor to McKagan’s earnings. Guns N’ Roses’ tours, especially their reunion tours, have been among the highest-grossing in history, adding to his financial success.

Side Projects and Collaborations

  • Beyond Guns N’ Roses, McKagan has been involved in various side projects, including bands like Velvet Revolver and Loaded. These endeavors have expanded his income streams and added to his net worth.

duff mckagan


Duff McKagan is an American writer and singer who is best known for playing bass for the band Guns N’ Roses. McKagan played in the band from 1985 to 1997and then he joined again in 2016.

He has five records out with Guns N’ Roses. McKagan is a writer who has written articles every week for ESPN.com, SeattleWeekly.com and Playboy.com. 

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