The invention relates to the field of road materials, and discloses a compound asphalt mixture wet-mixing additive and a preparation method thereof. According to the compound asphalt mixture wet-mixing additive, production and construction temperatures of a hot-mix asphalt mixture can be reduced. The compound asphalt mixture wet-mixing additive is characterized by comprising the following components in parts by weight: 20-50 parts of microcrystalline wax, 20-50 parts of stearic acid, 10-20 parts of polyethylene wax, 5-20 parts of EVA (ethyl vinyl acetate) wax and 0-10 parts of plasticizer. The preparation method comprises the following steps of: uniformly mixing the polyethylene wax, the EVA wax, the stearic acid and the plasticizer under the mechanical stirring action, then adding the microcrystalline wax, continuously stirring and uniformly mixing to obtain a mixed dry material; and finally, adding the mixed dry material in a granulating machine melting furnace, heating at a temperature of 120-130 DEG C and melting, then granulating, cooling and drying. According to the compound asphalt mixture wet-mixing additive, the blending temperature of the asphalt mixture can be effectively lowered by about 30 DEG C, and better used road performance can be ensured.