Walter Egan Net Worth
James Craig
Updated on January 12, 2026
Walter Egan net worth is
$12 Million
Walter Egan Wiki: Salary, Married, Wedding, Spouse, Family
Walter Lindsay Egan (born July 12, 1948, in New York) is an American rock musician, best known for his 1978 gold status hit single "Magnet and Steel" from his album Not Shy, produced by Lindsey Buckingham and Richard Dashut. The song reached #8 on the Billboard Hot 100 and #18 on the Easy Listening chart. Overseas, it peaked at #32 on the Australian Singles Chart (Kent Music Report).Buckingham also co-produced Egan's first album, Fundamental Roll, with Stevie Nicks. "Magnet and Steel", inspired by Nicks, was featured in the 1997 film Boogie Nights, as well as in the 1998 film Overnight Delivery and the 1999 film Deuce Bigalow: Male Gigolo. Egan also wrote "Hearts on Fire", which was covered by Gram Parsons on his album Grievous Angel, and "Hot Summer Nights", which was the first hit for the band Night, which included such session musicians as Nicky Hopkins and Robbie McIntosh. Egan scored minor hits with his own version of "Hot Summer Nights", as well as "Only the Lucky" and "Fool Moon Fire". Egan later toured as a member of a latter-day version of SpiritIn 1985, Egan was a four time champion on the game show Catch Phrase, In 1986, Egan appeared as a contestant on the television game show Scrabble. During his introduction segment, Egan identified himself as a singer and songwriter. Chuck Woolery asked him if we would know any of his songs, at which point he sang the main hook from "Magnet and Steel". Egan was not the champion that day. | Net Worth | $12 Million |
| Date Of Birth | July 12, 1948 |
| Place Of Birth | Jamaica, New York, USA |
| Profession | Soundtrack, Actor |
| Nicknames | Walter Egan, Egan, Walter |
| Star Sign | Cancer |
| # | Fact |
|---|---|
| 1 | "Magnet and Steel" - his hit single - features both him and Lindsay Buckingham on guitar, Mick Fleetwood on drums, and Lindsay, Annie McLoone, and Stevie Nicks doing background vocals. The 'chimes' heard during choruses is actually a SchoenHut toy piano. |
Soundtrack
| Title | Year | Status | Character |
|---|---|---|---|
| This Is 40 | 2012 | performer: "Magnet and Steel" / writer: "Magnet and Steel" | |
| Todd's Pop Song Reviews | 2011 | TV Series documentary writer - 1 episode | |
| Broken Hearts | 2010 | performer: "Magnet and Steel" / writer: "Magnet and Steel" | |
| Dancing with the Stars | 2009 | TV Series writer - 1 episode | |
| Ed | 2000 | TV Series performer - 1 episode | |
| Deuce Bigalow: Male Gigolo | 1999 | performer: "Magnet And Steel" / writer: "Magnet And Steel" | |
| Overnight Delivery | 1998 | Video performer: "Magnet and Steel" / writer: "Magnet and Steel" | |
| Boogie Nights | 1997 | performer: "Magnet & Steel" / writer: "Magnet & Steel" | |
| Sabrina, the Teenage Witch | 1996 | TV Series writer: "Magnet & Steel" | |
| Theodore Rex | 1995 | arranger: "Santa Man", "Rudy" / writer: "Santa Man", "Rudy" | |
| The Night We Never Met | 1993 | writer: "Magnet and Steel" |
Actor
| Title | Year | Status | Character |
|---|---|---|---|
| Glasspack vs Blackstone | 2013 | Walter Egan |
Self
| Title | Year | Status | Character |
|---|---|---|---|
| Texxas Jam '78 | 2012 | Documentary | Himself |
| New American Bandstand 1965 | 1978-1983 | TV Series | Himself |
| The Mike Douglas Show | 1978 | TV Series | Himself - Rock Musician |
Known for movies
Boogie Nights (1997)
as Soundtrack
This Is 40 (2012)
as Soundtrack
Deuce Bigalow: Male Gigolo (1999)
as Soundtrack
Sabrina, the Teenage Witch
as Soundtrack