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American actor,musician, songwriter, and author Robert Michael Nesmith has an estimated net worth of $50 million. Nesmith has earned his net worth as a member of the group The Monkees, and through his talent as a songwriter. He is also known for his solo performances and recordings, as well as forming his own band, “Michael Nesmith and the First National Band.” He is also the owner of Pacific Arts Corporation and has published his first novel in 1998. He was born on December 30, 1942 in Houston, Harris County, Texas, United States.

Earnings & Financial Data

Date

Category

Description

Amount

2007

Asset

Value of his custom-made Gretsch guitar.

$30,000

2002

Record Sales

Estimated earnings from the compilation album The Best of The Monkees with the American pop/rock band, The Monkees (certified gold by RIAA)

$500,000

2000

Asset

Estimated earnings from the live album Summer 1967: The Complete U.S. Concert Recordings with the American pop/rock band, The Monkees

$3,500,000

2000

Asset

Estimated value of his home in Carmel Valley, California

$2,500,000

1999

Record Sales

Estimated earnings from the compilation album The Headquarters Sessions with the American pop/rock band, The Monkees

$4,500,000

1998

Lawsuit Settlement

Amount awarded to him and his company, Pacific Arts Video, as compensatory and punitive damages

$48,875,000

1967

Record Sales

Estimated earnings from the album The Birds, The Bees & The Monkees with the American pop/rock band, The Monkees (certified platinum by RIAA)

$1,000,000

1966

Record Sales

Estimated earnings from the album More of the Monkees with the American pop/rock band, The Monkees (certified 5x platinum by RIAA)

$5,000,000

1966

Record Sales

Estimated earnings from the album Headquarters with the American pop/rock band, The Monkees (certified 2x platinum by RIAA)

$2,000,000

1966

Record Sales

Estimated earnings from the album Pisces, Aquarius, Capricorn & Jones Ltd. with the American pop/rock band, The Monkees (certified 2x platinum by RIAA)

$2,000,000

1965

Salary

Salary from The Monkees

$450,000

1965

Record Sales

Estimated earnings from the album The Monkees with the American pop/rock band, The Monkees (certified 5x platinum by RIAA)

$5,000,000