The Monkees most lucrative venture the three had ever seen in their days as the Monkees, far surpassing the money they had made in the 1960s. Nesmith had little financial need to join in Monkees-related projects, mostly as his mother Bette Nesmith Graham was the inventor of Liquid Paper, leaving Nesmith an inheritance of over $25 million upon her death in 1980. A new album by the touring trio, "Pool It!" (the Monkees' tenth), appeared the following year and was a moderate success. From 1986 to 1989, the Monkees would conduct major concert tours in the United States, Australia, Japan, and Europe.
Michael Nesmith Michael Nesmith Robert Michael Nesmith (born December 30, 1942) is an American musician, songwriter, actor, producer, novelist, businessman, and philanthropist, best known as a member of the pop rock band the Monkees and co-star of the TV series "The Monkees" (1966–1968). Nesmith's songwriting credits include "Different Drum" (sung by Linda Ronstadt with the Stone Poneys). After the break-up of the Monkees, Nesmith continued his successful songwriting and performing career, first with the seminal country rock group the First National Band, with whom he had a top-40 hit "Joanne", and then as a solo artist. He is a noted player of