The Chainsmokers is a popular American DJ and Production pair well known in the United States and across the globe for their work in music. Alex Pall and Andrew Taggart make up the duo which has had an increasing following and recognition since their breakthrough in 2014 and has achieved immense success for the short period that they have been in the industry. This piece dives into the net worth of The Chainsmokers in 2020.
When The Chainsmokers was formed, the initial members were former DJ Rhett Bixler and Alex Paul. The group was revamped in 2012 and became an EDM DJ duo under the management of the capable hands of Adam Alpert in New York City. Alex Pall was introduced to Andrew Taggart by Alpert at the time when he was working at an art gallery in Chelsea, Manhattan. Andrew Taggart was pursuing his studies at Syracuse University and was an intern at Interscope Records before he was introduced to Pall. Pall had attended New York University and had majored in art history and music business.
Andrew had an early interest in Pall who was then known as DJing. He had released a couple of original songs on Sound Cloud. After Bixler left The Chainsmokers, Taggart was given the scope by someone who was working for Alpert that there was an open spot for a duo that was being managed by Alpert. Taggart left Maine and went to New York City. He and Pall embarked on a journey of making remixes of indie bands. They collaborated with Priyanka Chopra in 2012 and made the single Erase. In early 2013 they released The Rookie.
When asked by ABC News Nightline reporter Nick Watt the origin of the duo’s name, Pall responded that it related to his college life when he enjoyed smoking weed. Taggart added that it was just a name.
The Chainsmokers’ breakthrough came in 2014 with the release of their single #Selfie which was top twenty in several charts in many countries. The duo released its debut EP Bouquet in October 2015. It featured the single Roses which was in top ten on the US Billboard Hot 100 charts. Their first ever single to be Top 5 was Don’t Let Me Down which was released on February 5th, 2016. The single also won them the Grammy Award for Best Dance Recording at the 59th awards ceremony. Their single Closer which was released on July 29, 2016, became their first number one single on the chart.
They played at the Ultra Music Festival on March 19, 2016, where they denounced presidential candidate Donald Trump publicly. The Chainsmokers were at position 18 in DJ Magazine’s annual list of the Top 100 DJs after debuting 97th on the list in 2014. The duo released their second extended play Collage on November 4, 2016.
The Chainsmokers have received 13 awards throughout their career for their outstanding performances. Their awards include 4 Billboard Music Awards, 2 America Music Awards, 5 iHeartRadio Much Music Video Awards, an MTV Europe Music Award, a Grammy Award, Mxy Music Award, and NRJ Music Award.
Net Worth & Earnings
The net worth of The Chainsmokers is estimated to be $90 million. Each member, Alex Pall, and Andrew Taggart has an estimated net worth of over $45 million. They have amassed their wealth through the sale of their recordings and concert performances. The Chainsmokers’ biggest earning year 2018 lands them at No. 2 on Forbes list of the world’s highest-paid DJs 2018.
The Chainsmokers are a duo that is at the peak of the Dance/Electronic Songs charts in many countries. They are a pop sensation, and their music is favored all over the globe. The music world can be sure that there is more to come from this duo.