Page 31 - Articulate Files

Duff McKagan

Start-Up, VCs, Entrepreneurship, Music/Wealth

Management

Duff McKagan has sold over
100 million albums, and

ushered in a new generation

of hard rock fans as a

founding member of Guns N'
Roses and Velvet Revolver.

McKagan and the band Guns

N' Roses, enjoyed the excess,

especially excess drugs and
alcohol so much so that it

resulted in a near death

experience when his pancreas burst. That led to changes in
McKagan's life and attitudes. “I snorted perhaps my body

weight in varying degrees of good, bad, and straight-up

shitty blow. I don’t recommend this to any of you young

readers. I was NOT such a smart 20-something. Nope, just
an ordinary drug-addict.”

Duff McKagan

In recovery he discovered the band's accounts in his garage

but on examining them he found he could not understand

them. so he decided to go back to college and then to
university to be educated in what they said. McKagan’s first

$100,000 in stock investments in 1994 reaped rewards.

Largely because he was in Seattle, he bought