Jake Paul

What Is Jake Paul’s Net Worth? 

As of the third quarter in 2024, Jake Paul has a net worth of $80 million. 

Jake Paul's wealth comes from a variety of sources, including his social media empire, boxing purses, and business ventures.

According to Forbes, Jake made $38 million in 2023, which made him the third-highest-earning content creator of the year. Boxing continues to be the biggest source of revenue for Paul, and from the $38 million that he earned in 2023, around $30 million came from his 3 boxing victories.
Jake collected around $40 million before taxes from his three boxing victories in 2021, which made him one of the highest-paid athletes for the year. And according to what he said in an interview earlier this year, Paul might make the same kind of money in just one fight, if he knocks out Mike Tyson on November 15.

His YouTube channel, which initially catapulted him to fame, remains a smaller yet significant source of income. With over 20 million subscribers, Jake reportedly earns anywhere from $41K  -  $656K in a year according to Socialblade.

On the entrepreneurial front, Jake Paul has been strategic in leveraging his brand. Some of the businesses that he has started include Betr, a sports betting and media company, Most Valuable Promotions (MVP) boxing promotion company and Anti Fund, a venture capital fund. Currently, there is no information regarding how much Paul earns from each of his businesses but it's safe to assume that those businesses bring in plenty of revenue for Paul each year and it will only increase as time goes on.

What is Jake Paul's Claim to Fame? 

Jake Paul initially gained fame as a social media influencer, particularly on Vine and YouTube, where he amassed millions of followers. His transition to professional boxing in 2020 further propelled him into the limelight. 

• Vine And YouTube Star: Jake Paul initially gained fame on the now-defunct Vine platform, just like his older brother Logan Paul. He would later make the transition to YouTube, where his vlogs, pranks, and music videos garnered billions of views and millions of subscribers and helped him become one of the platform’s top influencers.
• Disney Channel Role: After becoming famous because of Vine and YouTube, Jake was hired to play the role of  Dirk Mann on Disney Channel’s "Bizaardvark" in 2016. This would further help him gain prominence, especially in front of a younger audience. He would eventually get fired from the show in 2017 after a KTLA news report came out regarding Jake being a “not-so-friendly” neighbor.
• Boxing Career: Jake Paul’s sudden pivot to professional boxing in 2020 brought him widespread attention in the boxing community, especially after he beat MMA fights like Ben Askren and Tyron Woodley.

What Businesses Does Jake Paul Own?

“The Problem Child” is not just a renowned social media personality and boxer, but also an astute businessman with a diverse portfolio of ventures. Here’s a detailed look at the businesses he owns or is part of: 

• Betr: Jake Paul co-founded Betr, a micro-betting platform, in 2022 alongside entrepreneur Joey Levy. As of 2024, Betr has raised around $100 million in funding and has a valuation of $375 million.
• Most Valuable Promotions (MVP): Jake Paul co-founded MVP, a sports promotion company in 2021. MVP partners with streaming platforms like DAZN to host boxing events, including all of Jake’s fights. The promotion has 6 athletes under its banner, including Jake himself and seven-division world champion Amanda Serrano. 
• Anti Fund: Anti Fund is a venture capital fund launched in 2021 by Jake Paul and entrepreneur Geoffrey Woo. The company has currently invested in around 20 companies, including Betr and W.
• Boxing Bullies: Jake founded a non-profit charity foundation called Boxing Bullies in 2021. The company has received $416,270 in total donations and is currently renovating 5 boxing gyms in Puerto Rico.
• W (Personal Care Brand): Jake Paul launched his personal care brand, W, in 2023. The company has raised $14 million in funding to date and has a valuation of $150 million.

What Brands Does Jake Paul Endorse?

Here's a detailed look at some of Jake Paul’s brand endorsements: 

• boohooMan: Jake Paul partnered with boohooMan, a popular fashion retailer, in 2021 to create a collection of co-branded products which include activewear and fitness attire.
• Celsius: Jake Paul became an ambassador for Celsius, a fitness drink brand, in February 2023. Surprisingly, Celsius happens to be a competitor for his brother Logan Paul’s energy drink company, Prime.

How Does Jake Paul Spend His Wealth? 

Jake Paul is known for his flashy lifestyle, often flaunting his wealth on social media. His spending habits include luxury cars, real estate, and high-end fashion. Jake has a notable collection of expensive watches, including a Richard Mille RM 72-01, worth around $400,000, and a Jacob and Co. Bugatti Chiron Tourbillon, valued at $450,000.

How Many Houses Does Jake Paul Own?

Paul currently only owns one house, which is situated in Puerto Rico. He bought the house in May 2023 for $15.75 million from retired MLB catcher Yadier Molina.

Before this, Jake used to live in Calabasas, California in his famous “Team 10 House”. He bought that house in 2017 for around $6.925 million and ended up selling the property for $6.15 million in April 2021.

There were some news reports of Jake and his brother, Logan buying two, $20 million Miami penthouses in late 2021 but it has not yet been confirmed whether or not the Paul brothers went ahead with the purchase.

How Many Cars Does Jake Paul Own? 

Jake loves buying fast cars and has a collection that rivals those of top celebrities. Some of the standout cars in his collection include:

• Lamborghini Huracan Performante: Jake bought his “dream car”, the Huracan Performante in 2017. Jake had to wait 6 months to get the car and even posted a video of him receiving the blue Huracan on social media.
• Ferrari 296 GTB: Jake spent $421,000 buying a yellow Ferrari 296 GTB in June 2023. Paul had to wait for 18 months to get the car. He posted a video of him getting the car on his YouTube channel, where he proceeded to do one too many donuts, causing the "low beam failure" warning to pop up.
• Tesla Model X: Jake bought a Model X in 2017. The car comes with a unique-looking gray wrap with black and red accents courtesy of West Coast Customs Design.
• Ferrari SF90 Spider: The latest addition to Jake’s garage was the SF90 Spider that he bought at the beginning of 2024. The car cost him around $700,000 and he got it painted yellow to match his 296 GTB.

You can check out the rest of his car collection here - Jake Paul’s Impressive Car Collection.

What Are Jake Paul’s Charitable Contributions and Philanthropic Endeavors? 

Jake Paul has made significant contributions to various charitable causes, demonstrating a commitment to giving back. Here are some of his notable philanthropic efforts:

• Boxing Bullies Foundation: Jake Paul founded the non-profit organization, Boxing Bullies Foundation in 2021. The foundation aims to use boxing as a tool to empower and inspire youth, helping them build confidence and combat bullying. To date, the organization has received $416,270 in donations, donated 450+ pairs of gloves, and is currently renovating 5 boxing gyms in Puerto Rico.
• Make-A-Wish Foundation: Jake has worked with the Make-A-Wish Foundation to fulfill the wishes of children facing critical illnesses. He has met with fans and even invited one of them to the “Team10” house in a video titled “I was her make a wish.”
• Hurricane Harvey Relief: In 2017, during Hurricane Harvey, Jake Paul actively participated in relief efforts. He used his platform to raise awareness and funds for those affected by the disaster. Jake and his team first traveled to San Antonio, where he asked his fans to meet him at the local Walmart with donations. He dropped off around 33,000 lbs. of supplies to the San Antonio Food Bank. He then traveled to Houston, where he helped people get out of their homes with the help of first responders. He also set up a GoFundMe account to try and raise $500,000 for families affected by the Hurricane.

What’s Next for Jake Paul? 

Jake Paul is gearing up for one of the biggest fights of his career as he prepares to face boxing legend, Mike Tyson. The highly anticipated match is scheduled for November 15, 2024, at the AT&T Stadium in Arlington, Texas. It was initially scheduled to take place on July 20 of this year, but it had to be postponed due to Tyson suffering an ulcer flare-up. The event will be streamed globally on Netflix, which is partnering with Jake’s promotion MVP to host the event.