Steel Panther, an American heavy metal band, was formed in 2000 in Los Angeles, California. The group, consisting of Michael Starr (vocals), Satchel (guitar), Lexxi Foxx (bass), and Stix Zadinia (drums), initially started as a cover band, paying homage to classic heavy metal acts like Motley Crue and Def Leppard. Their over-the-top stage personas and comedic take on heavy metal stereotypes quickly gained them a local following.

In 2003, Steel Panther released their first EP, “Hole in the Wall,” which caught the attention of music industry professionals. They signed with Universal Records in 2008 and released their debut album, “Feel the Steel,” the following year. The album’s single, “Community Property,” became a hit on satellite radio and helped propel the band to mainstream fame. Their unique blend of heavy metal music and humor, combined with their outrageous stage antics, has since made them a popular act in the rock music scene.

Steel Panther’s Current Net Worth (2025)

As of 2025, Steel Panther’s current net worth is estimated to be around $15 million. This heavy metal band, known for their comedic and exaggerated personas, has amassed this fortune through their successful music career, touring, and merchandise sales.

Career

Formed in 2000, Steel Panther has released seven studio albums, with their debut “Feel the Steel” in 2009. They’ve gained popularity for their parody of glam metal bands from the 1980s, blending humor with heavy metal music. Notable songs include “Community Property” and “Death to All But Metal”.

Other Ventures

Beyond music, Steel Panther has ventured into acting. They’ve appeared in movies like “Jackass Presents: Bad Grandpa” and “Popstar: Never Stop Never Stopping”. The band also has their own line of merchandise, including clothing, accessories, and even a signature hot sauce.

Assets

Steel Panther’s assets include their record label, Open E Records, which they founded in 2008. They own the rights to their music catalog and have a substantial collection of musical equipment. Additionally, they own properties in Los Angeles and Las Vegas.

Annual Income

Steel Panther’s annual income primarily comes from touring, which accounts for about 60% of their earnings. They also generate significant revenue from record sales, merchandise, and streaming platforms. Their annual income is estimated to be around $2 million.

Frequently Asked Questions about  Steel Panther

Frequently Asked Questions: Steel Panther Net Worth

1. What is Steel Panther’s net worth?

Steel Panther’s net worth is estimated to be around $10 million.

2. Who are the members of Steel Panther?

Steel Panther consists of Michael Starr (vocals), Satchel (guitar), Lexxi Foxx (bass), and Stix Zadinia (drums).

3. When was Steel Panther formed?

Steel Panther was formed in 2000, but the band members had been playing together in various other bands since the late 1990s.

4. What genre of music does Steel Panther play?

Steel Panther is known for playing comedy rock and glam metal music.

5. How did Steel Panther get their start?

Steel Panther got their start playing covers of popular metal songs at local bars and clubs in Los Angeles. They gained attention for their humorous stage personas and outrageous outfits.

6. What is Steel Panther’s most popular song?

Steel Panther’s most popular song is “Death to All But Metal,” which was released on their debut album “Feel the Steel” in 2009.

7. Has Steel Panther won any awards?

Yes, Steel Panther has been nominated for several awards, including a Grammy for Best Metal Performance in 2017 for their song “Go Big or Go Home.” They have also won multiple Metal Hammer Golden Gods awards.

8. What are some of Steel Panther’s most popular albums?

Some of Steel Panther’s most popular albums include “Feel the Steel” (2009), “Balls Out” (2011), “All You Can Eat” (2014), and “Lower the Bar” (2017).

9. Has Steel Panther toured with any other bands?

Yes, Steel Panther has toured with several other bands, including Guns N’ Roses, Def Leppard, and Mötley Crüe.

10. What is Steel Panther’s latest album?

Steel Panther’s latest album is “Open Your Eyes,” which was released in 2023.