I didn’t know much about The Chainsmokers before preparing for this article. Although I was familiar with the name of the group, I couldn’t instantly recall any particular song melody. After searching their name and sifting through the first couple of page results on Google, I came across the duo’s feature on the Forbes Celebrity 100 list of highest earners for 2018.
Forty-five million dollars is certainly a spectacular income, especially for what I would consider a relatively obscure band. While The Chainsmokers do have a substantial following, they could feasibly release a song that would be indistinguishable from other electro-pop groups of the same vein. Nevertheless, the group made a name for themselves and secured a three-year residency at the prestigious Wynn Nightlife in Las Vegas. This vocation began affording them astronomical sums of money before their debut album was even released.
Recently, Las Vegas has become known for its proliferous opportunities for entertainers to perform. A multitude of massive nightclubs and venues grace the main strip and expand into surrounding areas. New York City has been bestowed with the moniker “The City That Never Sleeps”, however, what happens in Vegas happens round the clock. The demand could be higher than the number of qualified entertainers available. Due to this well of affluence, The Chainsmokers were able to receive nightly six-figure compensations over 100 times in just under three years.
Their tenure as residents at the Wynn is coming to a close soon, yet their album continues to make chart-topping history. The Chainsmokers first full length album, released in April of 2017, has had the most weeks in the number one slot on Billboard’s Top Dance/Electronic Chart of any other project in the last decade. The album, titled Memories… Do Not Open, also debuted at Number One on Billboard’s Top 200 list. While this achievement is notable, the ascension in financial status is what landed the electronic dance music group in the number 59 spot on the Forbes Celebrity 100 list.