Drew Taggart's net worth explored as one half of Chainsmokers gets engaged with model Marianne Fonseca

Drew Taggart, one-half of the globally successful music duo The Chainsmokers, announced his engagement to model Marianne Fonseca on December 3 via an Instagram post. With a career spanning over a decade and chart-topping hits, Taggart’s net worth is currently estimated at $80 million, as per Celebrity Net Worth.

Drew Taggart's rise to fame began in 2012 when he partnered with Alex Pall to form a DJ and production duo, called The Chainsmokers. Their breakthrough single #Selfie in 2014 was followed by massive hits such as Roses, Don't Let Me Down, Closer (featuring Halsey), and Something Just Like This (with Coldplay).

These tracks, alongside albums like Memories…Do Not Open (2017) and So Far So Good (2022), propelled the duo to international fame. As per Celebrity Net Worth, they grossed $45 million between June 2017 and June 2018, with earnings of $46 million the following year. By June 2020, their combined earnings reached $70 million, contributing to a total of $200 million over a four-year period.

Drew Taggart's income stems not only from music sales and touring but also from various investments, including his stake in JaJa Tequila, the alcohol brand co-owned by him and Pall.

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Drew Taggart's endorsements and other ventures

Apart from their music, Taggart and Pall have diversified their portfolios. As the largest non-founding investors in JaJa Tequila, their business acumen extends beyond entertainment. This additional revenue stream complements the millions they earn from touring, merchandise, and music royalties.

The Chainsmokers also secured high-paying residency deals, including one at Wynn Nightlife in Las Vegas, where they performed exclusively from 2017 to 2019. Drew and Alex booked well-paying shows throughout their career, which supported an income source apart from their other business lines.

Drew Taggart’s real estate ventures also play a role in his substantial wealth. In December 2018, Taggart purchased a 10,000-square-foot home in LA’s Laurel Canyon for $12 million. This purchase was part of his growing real estate portfolio, which also includes two properties in Sherman Oaks, California.

Meanwhile, in 2019, Pall and Taggart started Mantis VC, a venture capital firm, raising a total of $110 million in 2020 and 2021.

Taggart’s relationship with model Marianne Fonseca has also garnered significant public interest. As per People's December 3 report, the couple were first seen together in May 2023. They recently got engaged and announced it via a shared Instagram carousel post on December 3, 2024, featuring photos of them having dinner and Fonseca flaunting her diamond engagement ring.

The announcement drew celebratory messages from fans, family, and famous friends, including Hailey Bieber and DJ Tiësto.

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More about Drew Taggart

Andrew "Drew" Taggart was born on December 31, 1989, in Portland and was later raised in Freeport, Maine. As per Celebrity Net Worth, Drew was first exposed to electronic music while staying abroad in Argentina at the age of 15, where he discovered artists like David Guetta, Daft Punk, and Trentemøller.

He later joined Syracuse University in New York and got an internship at Interscope Records. Meeting Pall and the creation of the EDM duo The Chainsmokers was the result of the relocation to New York City.

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The duo started by remixing indie songs before gaining recognition with their hit track #Selfie. As their popularity grew, The Chainsmokers achieved a string of chart-topping singles, establishing themselves as one of the highest-paid DJ duos in the world.