Discography
46 releases – 5 under his own name, 38 in other groups and 3 credits on others' music Edit
Has worked with
Has been in these groups
Has this family
In the News
Stranger Than Fiction Friday: Paradise City Retirement Fund
Mar, 11 2011
Somehow, between recording and prepping a new album, writing weekly advice columns and an autobiography, being a father and husband, former Guns N’ Roses bassist, Duff McKagan has founded a financial management firm for fellow musicians.
While recovering from a ruptured pancreas, brought on by years of hard partying, McKagan found himself thumbing through Gn’R financial statements and realized he had not a clue what the numbers meant. He enrolled in basic finance courses and later enrolled at Seattle University’s Albers School of Business.
"I'm not a financial planner -- I was just trying to figure this out for myself," he told Fortune. "I didn't want to be 60 years old and broke, having made all this money in my twenties...that was my simple goal.”
Now, 17 years later, McKagan has founded Meridian Rock, with the goal of informing other rockers about sound financial planning. He’s partnered with British investor, Andy Bottomley, and the two are currently interviewing financial planners.
McKagan hopes to demystify the finances of rockstars; those who are too embarrassed or uncomfortable talking to “suits,” but who will feel comfortable with McKagan. What makes Meridian Rock different, McKagan says, is its understanding of the industry; Meridian Rock's advisors will talk directly to the talent, in plain and simple terms. The company's three tenets, McKagan notes, are righteousness (i.e., not screwing people over), transparency, and education.
McKagan writes weekly columns for ESPN.com, and the Seattle Weekly, and pens “Duffonomics” for Playboy.com.
His book is titled It’s So Easy and Other Lies and his band, Duff McKagan’s Loaded, is set to release their latest album, The Taking, in mid-April. You can pre-order it here.
-[[I:Court]]
