Net Worth Ranker
What Is Kacey Musgraves’ Net Worth
Kacey Musgraves, a prominent figure in American country music, has accumulated a net worth of $12 million. This financial standing is primarily attributed to her successful career as a recording artist, songwriter, and performer. Her earnings are derived from album sales, streaming royalties, concert tours, songwriting royalties, and potentially endorsements and merchandise sales.
Early Career and Breakthrough
Kacey Musgraves’ journey to becoming a country music star began in Golden, Texas, where she was born on August 21, 1988. Even in her early years, her talent for songwriting was evident. At the age of eight, she wrote a song titled “Notice Me” for her elementary school graduation. At 12, she began guitar lessons with local musician John DeFoore, setting the stage for her future career.
Musgraves started performing professionally at a young age. Alongside Alina Tatum, she formed the duo Texas Two Bits, touring throughout Texas and releasing an independent album in 2000. Her parents also funded her first solo album, a self-release, when she was 14. After graduating from Mineola High School in 2006, Musgraves moved to Austin, Texas. In 2007, she gained national exposure by competing on “Nashville Star,” where she finished in seventh place.
In 2008, Musgraves signed with Triple Pop, an independent record label owned by producer Monte Robison. She recorded acoustic covers of “Apologize” and “See You Again” for the label. These early endeavors helped to refine her skills and build a foundation for her later success.
Music Breakthrough and Album Success
Musgraves’ breakthrough came in 2012 when she signed with Mercury Nashville. Her debut single, “Merry Go ‘Round,” was released to critical acclaim and commercial success. The song was featured on her major-label debut album, “Same Trailer Different Park,” which was released in 2013. The album debuted at number two on the Billboard 200 chart, selling over 43,000 copies in its first week. This success marked a significant turning point in her career, establishing her as a major force in country music.
“Same Trailer Different Park” received widespread recognition, winning a Grammy Award for Best Country Album and Best Country Song (for “Merry Go ‘Round”). It also won the Academy of Country Music Award for Album of the Year. By October 2014, the album had sold over 665,000 copies in the United States. The album’s success contributed significantly to Kacey Musgraves’ net worth.
In 2015, Musgraves released her second major-label studio album, “Pageant Material.” The album debuted at number three on the Billboard 200. It included the singles “Biscuits” and “Dime Store Cowgirl”. Though not as commercially successful as her debut, “Pageant Material” further solidified her position in the country music scene.
Following “Pageant Material,” Musgraves released a Christmas album titled “A Very Kacey Christmas.” In 2018, Kacey Musgraves achieved her biggest success with her fourth studio album, “Golden Hour.”
The album “Golden Hour” launched hit singles “Butterflies” and “Space Cowboy”. “Golden Hour” marked a peak in Musgraves’ career, winning all four of the Grammy Awards it was nominated for, including Album of the Year. The album sold 89,000 equivalent album units in its first week in the US. By March 2019, “Golden Hour” had sold over 444,000 copies in the United States. The commercial and critical acclaim of “Golden Hour” substantially increased Musgraves’ earnings.
In 2021, Musgraves released her fifth album, “Star-Crossed,” inspired by the heartache of her divorce. The album garnered two Grammy Award nominations, for Best Country Song and Best Country Solo Performance. The album debuted at number one on the Billboard Top Album Sales chart, selling 33,000 copies in its first week. While its sales figures were lower than those of “Golden Hour,” it still contributed significantly to her income.
Collaborations and Songwriting
Musgraves has collaborated with numerous artists as both a songwriter and singer. In 2013, she co-wrote and contributed vocals to Miranda Lambert’s single “Mama’s Broken Heart,” which was nominated for a Grammy for Best Country Song. That same year, Musgraves provided backing vocals to Dierks Bentley’s song “Bourbon in Kentucky.” In 2016, she joined 29 other country artists on the mash-up track “Forever Country,” celebrating the 50th anniversary of the CMA Awards. The following year, Musgraves contributed backing vocals to the Zac Brown Band’s cover of John Prine’s “All the Best.” In 2020, Musgraves was featured on the single “Flowers of Neptune 6” by the Flaming Lips and contributed vocals to two other songs on their album “American Head.” Later that year, she was featured on a reworked version of Troye Sivan’s song “Easy.” Musgraves has also appeared on songs by Ronnie Milsap, Brooks & Dunn, and her ex-husband Ruston Kelly. These collaborations have likely provided additional income through royalties and performance fees.
Touring and Live Performances
Touring and live performances are significant sources of income for musicians. Musgraves has headlined several tours and performed at numerous festivals and concerts. While specific financial details for each tour are not publicly available, it’s reasonable to assume that these activities have contributed significantly to her $12 million net worth. The “Oh, What a World: Tour,” supporting her “Golden Hour” album, likely generated substantial revenue through ticket sales and merchandise.
Property and Investments
Information regarding Kacey Musgraves’ specific property holdings and investments is not widely available in the public domain. It is common for high-net-worth individuals to diversify their assets, potentially including real estate, stocks, and other investments. However, without specific details, it is impossible to quantify the contribution of these assets to her overall net worth.
Awards and Recognition
Kacey Musgraves has earned numerous awards and accolades throughout her career, including multiple Grammy Awards, CMA Awards, and ACM Awards. Her fourth studio album, “Golden Hour,” won all four of its categories at the Grammys, including Album of the Year. These awards enhance her reputation and brand, indirectly contributing to her earning potential.
Personal Life
Kacey Musgraves was previously in a relationship with Misa Arriaga, who performed in her backup band. She later dated singer-songwriter Ruston Kelly, whom she met at the Bluebird Café in Nashville, Tennessee. The pair got engaged on Christmas Eve in 2016, and married in late 2017. Musgraves and Kelly eventually divorced in 2020. It’s important to note that marital status can sometimes influence financial matters, particularly in the event of a divorce settlement, but specific details of any such arrangements are not publicly known.
