‘Y&R’ Star Melody Thomas Scott’s Shocking Net Worth

Young and the Restless star Melody Thomas Scott has been an icon on the beloved soap for many years. The actress has had much success playing Nikki Newman since 1979. So, with so many years as an actress under her belt, what is her net worth? Keep reading to find out more.

Find out Melody Thomas Scott’s net worth

It’s always fun to know how much fans’ favorite actresses are worth. 67-year-old Melody Thomas Scott has been Nikki Reed or Nikki Newman since 1979. She also appeared in multiple films over the years. Along with movies she has also been featured in multip television shows as well to include, The Waltons, My Name is Earl, The Nanny and Castle. 

In 2020, Melody also published her memoir titled Always Young & Restless: My Life On and Off America’s #1 Daytime Drama

Over the years Melody has gained some wealth from her acting experiences. Celebrity Net Worth shares that Melody is worth 7 million dollars.

In 2022, she and her husband Edward Scott sold their Beverly Hills Mansion for  $6.14 million. They originally paid $2.3 million in 2001 when they first purchased the home.

Melody Thomas Scott-Young and Restless-YouTube

Her life in a nutshell

Melody was raised by her grandmother after her mother gave birth to her as a teenager. She grew up in California and actually started acting at the young age of 4. Her start in the business was being involved with the Hollywood Children’s Theater. However, her grandmother reportedly stood by and said nothing knowing that the theater’s owner, Cosmo Morgan had been molesting Melody.

When she was only 20 years old she moved out of her grandmother’s house. Melody got her degree in music from the University of Southern California.

She got her first break in Hollywood in 1964 when she appeared in her first film. Of course, everyone knows that eventually, she would land the role of Nikki Newman on The Young and the Restless. In more recent years, Melody has been able to have her own clothing line which is featured on HSN.

Melody Thomas Scott – Young and Restless – YouTube

She married the wrong man twice before finally finding the love of her life in Edward Scott. They have three daughters. Melody has twin grandchildren and simply adores her two dachshunds, Luca and Lola.

Along with being an amazing actress, Melody has done her share of charity work as well including visiting hospitalized victims of the Oklahoma City bombings. She also visited many disaster sites including where Hurricane Katrina destroyed so much.

What do you think about Melody’s exciting career and life? Did you think she would have more than a 7 million dollar net worth?

Stay tuned for more updates, news and spoilers on all your favorite Young and the Restless cast members.