The invention discloses a chilli pepper paste with nuts and a preparation method thereof, wherein the chilli pepper paste with nuts includes 1000-3000 g of sunflower oil, 200-400 g of sunflower seeds,100-300 g of pine nuts, 200-400 g of beef, 200-400 g of garlic, 300-500 g of peanut, 50-150 g of sesame, 200-400 g of cashew nut, 200-400 g of walnut kernels, 500-1500 g of fresh capsicum frutescens,400-600 g of fresh red chili pepper, 100-300 g of soybean paste, 5-15 g of salt, 10-30 g of chicken essence, 5-15 g of monosodium glutamate, 4-6 g of white sugar, 1-3 g of thirteen-spices, and 5-15 gof cooking wine. The preparation method comprises the steps: mincing the fresh capsicum frutescens, red chili pepper, beef and garlic, breaking up the peanut, cashew nuts and walnut kernels, puttingsunflower oil in a pot, and heating to the oil temperature of 90 DEG C; then adding the minced beef, after the minced beef is cooked thoroughly, turning into low heat, adding the minced garlic, stewing to obtain a garlic fragrance smell, adding the minced fresh capsicum frutescens and the minced red chili pepper, stewing for 3-5 min, and adding the soybean paste, salt, monosodium glutamate, chicken essence, white sugar, cooking wine and thirteen-spices; and finally, adding the broken peanuts, cashew nuts and walnuts and sesame. The prepared chilli pepper paste with nuts has a peppery taste, also has diverse nut taste, has a good fresh fragrance, and greatly stimulates the appetite of an eater.