Saturday Night Live cast member Pete Davidson’s star has risen since his relationship with singer Ariana Grande went from “casual” to 3-carat engagement ring in a matter of days. Aside from his SNL gig and A-list fiancée though, what do we really know about the 24-year-old?

Well, given reports that he laid out a cool $100k on Grande’s ring, his finances seem to be A-OK. Despite the relatively small salaries of SNL cast members, Davidson has a reported net worth of $500,000. (Grande's is $45 million, by the way.)

69th Annual Primetime Emmy Awards - Arrivals
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Unlike fellow cast mates Kate McKinnon and Aidy Bryant, Davidson hasn’t done a lot of film and television work outside of the variety show (he had a minor cameo in Trainwreck), but that seems to be changing. Fresh off his fourth season on SNL, Pete has two films slated for release this year: Set It Up and Going Places.

So his career is clearly going places (no pun intended), and his personal life is on the upswing, but, um, did he really just spend 20% of his net worth on a ring for his girlfriend of mere weeks? If he keeps up these habits, we could have a Nicolas Cage situation on our hands.