Stevie Nicks Net Worth (Money & Salary)

What is Stevie Nicks’s Net Worth?

With a net worth of $120 million, Stevie Nicks is an American singer/songwriter largely recognized for her membership in the supergroup Fleetwood Mac and her successful solo career. As of now, Stevie holds the unique distinction of being the only woman inducted into the Rock & Roll Hall of Fame twice: first as part of Fleetwood Mac, and later as a solo musician.

She has penned many songs that have become modern classics and, over the years, earned substantial royalties from them. In December 2020, she sold an 80% stake in her song copyrights to Primary Wave, a music publisher, for $80 million.

Early Life and Career Beginnings

Born Stephanie Lynn Nicks on May 26, 1948, in Phoenix, Arizona, she is often called Stevie Nicks. Her father, Jess Nicks, served as the president of Greyhound, leading the family to frequently relocate across the country. When she was a toddler, Stevie earned her nickname for pronouncing her name as “tee-dee.” At a young age, under her grandfather’s guidance, she learned to perform duets. By the age of 16, she received a Goya guitar and started writing her own songs. While attending Menlo-Atherton High School in Atherton, California, she met Lindsey Buckingham, who later became her musical and romantic partner. Buckingham invited her into his psychedelic rock band, Fritz, which gained moderate success as the opening act for artists like Jimi Hendrix and Janis Joplin in the late 1960s. Both Nicks and Buckingham later enrolled at San Jose State University. However, she ultimately left college to fully commit to her music career.

Career

After the disbandment of Fritz in 1972, Nicks collaborated with Buckingham on new projects. They secured a recording contract and released their album, “Buckingham Nicks,” in 1973. Following a series of odd jobs, they were approached by drummer Mick Fleetwood, leading to their joining Fleetwood Mac in 1975. In July 1975, they released “Fleetwood Mac,” the band’s tenth album and first featuring Nicks and Buckingham. Their subsequent album, “Rumours” (1977), became the best-selling album of the year, with over 40 million copies sold globally. It dominated the No. 1 position on the American albums chart for 31 weeks and topped charts in various countries, earning the Album of the Year award in 1978 while producing four U.S. Top 10 singles. Nicks also contributed to other Fleetwood Mac albums, including “Tusk” (1979), “Mirage” (1982), “Tango in the Night” (1987), “Behind the Mask” (1990), and “Say You Will” (2003).

In 1981, she embarked on her solo career with the album “Bella Donna,” which was certified platinum by the RIAA in under three months and eventually achieved quadruple-platinum status. Other solo projects include “The Wild Heart” (1983), “Rock a Little” (1985), “The Other Side of the Mirror” (1989), “Street Angel” (1994), “Trouble in Shangri-La” (2001), “In Your Dreams” (2011), and “24 Karat Gold: Songs from the Vault” (2014).

Stevie Nicks is celebrated for her unique voice characterized by a fast vibrato, her ethereal visual aesthetic, and symbolic lyrics. She has received nominations for eight Grammy Awards as a solo artist and six with Fleetwood Mac. Notably, she is the only female to be inducted into the Rock and Roll Hall of Fame twice—once with Fleetwood Mac in 1998 and again as a solo act in 2019.

Live Nation Earnings

In October 2018, insights into Fleetwood Mac’s financial dealings emerged due to a lawsuit from band member Lindsey Buckingham. Buckingham sued after he was unexpectedly removed from the group’s 2018-2019 Live Nation tour. The lawsuit alleged that according to their agreement with Live Nation, each band member would earn $200,000 per show over 60 shows, totalling around $12 million. This amount could potentially climb to $14 million by hitting certain attendance benchmarks and adding more dates later. The lawsuit was resolved three months later for an undisclosed amount. Buckingham shared a statement saying:

“We’ve all signed off on something. I’m happy enough with it. I’m not out there trying to twist the knife at all. I’m trying to look at this with some level of compassion, some level of wisdom.“

Song Catalog Sale

On December 4, 2020, news broke that Stevie had finalized a deal to sell an 80% stake in her music catalog to Primary Wave for an estimated $100 million, netting her $80 million while retaining a 20% share. This catalog consists of copyrights for songs such as “Edge of Seventeen,” “Landslide,” and “Rhiannon.”

Real Estate

Nicks acquired a gated residence on 1.2 acres in the Pacific Palisades area of Los Angeles for approximately $9 million in 2005. She listed it for sale at $14 million in December 2017, ultimately failing to secure a buyer at that price. The home was later sold in an off-market transaction, with the exact date and final price remaining undisclosed. In 2004, she purchased an ocean-view penthouse condo in Santa Monica for $3 million.

In 1981, Nicks constructed a custom 8,000-square-foot mansion in Paradise Valley, Arizona, in proximity to her childhood home. For many years, she shared the property with her brother and his family before selling it in 2007 for $3 million.

Personal Life

Married once to Kim Anderson in 1983, her marriage was brief. Anderson was the widow of her friend Robin Anderson, who passed away from cancer shortly after childbirth, with Nicks becoming the child’s godmother. Nicks has stated that their marriage occurred during a time of grief, suggesting it was a way for them to cope. They divorced just three months later.

She has been linked romantically with various individuals, including Lindsey Buckingham, Mick Fleetwood, Don Henley, J.D. Souther, Jimmy Iovine, and Joe Walsh. Nicks holds ordination with the Universal Life Church and officiated the wedding of singers John McCauley and Vanessa Carlton.