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 of this second marriage, he returned to Los Angeles where he met Victoria Kennedy. They moved to Santa Fe, New Mexico, in 1992 and then returned to Carmel, California, in 2000. They were married in April 2000 in Monterey, California. They separated in 2011 and Kennedy filed for divorce. Nesmith was forced to cancel the last four dates of his 2018 tour with Micky Dolenz due to a "minor health care". However, in an interview with "Rolling Stone" published on July 26, Nesmith revealed he had undergone quadruple bypass heart surgery, after which he had been hospitalized for over a