A well-known American actor, comedian, boxer, and social media sensation named Jake Paul is considered worth $40 million per celebritynetworth.
He consistently ranks among the highest-paid social media personalities in the world, with an annual salary between $20 million and $50 million.
Jake makes money via various activities, such as boxing matches, gear sales, YouTube video views, and endorsements.
Jake made $45 million from his three professional boxing bouts in 2021; the remaining $5 million came from endorsements and social media revenue.
After his music video for the 2017 single “It’s Everyday Bro” went viral on YouTube, he attracted much media attention. Jake’s older brother is a YouTube celebrity, Logan Paul.
Jake switched to boxing and won numerous highly-watched Pay Per View fights.
Social Media Career
In September 2013, Jake Paul started his career as a maker of online video content, focusing mostly on the now-defunct platform Vine.
As Vine shut down in January 2017, Disney hired Jake to play the lead in their comedy series “Bizaardvark.” Jake’s catchphrase on the program was, “It’s Everyday Bro!” Despite the phrase’s grammatically wrong construction, it quickly gained enormous popularity among his followers.
Jake’s stint on “Bizaardvark” was brief since, due to various disputes, he was sacked during the second season’s filming.
They included grievances from his neighbors regarding boisterous gatherings, potential fire concerns, and the sizable numbers of youthful admirers assembling outside his rented home after he posted his address on social media.
After leaving the show, Jake founded Team 10, a digital influencer marketing platform and creative agency specializing in developing and disseminating teen-targeted entertainment.
He published the song and music video “It’s Everyday Bro” in May of that year, and in only one month, it had over 70 million views.
In January 2018, Jake posted a video on YouTube with the headline “I lost my virginity,” and his then-girlfriend Erika Costell was shown in the thumbnail.
Jake had to edit the thumbnail to a picture of the couple wearing clothing because YouTube has age restrictions on the video.
Boxing Career And Earnings
Jake Paul, a well-known social media celebrity, made his professional boxing debut in January 2020 and has since established a reputation in the sport. His boxing fights in 2021 alone generated $40 million in purses and Paid Per View bonuses.
On January 20, 2020, Jake competed in his first professional boxing battle in Miami against fellow YouTuber AnEsonGib, which he won by TKO barely two minutes and eighteen seconds into the first round.
He earned an estimated $1.2 million after he knocked out retired NBA star Nate Robinson in November 2020.
Jake used a TKO to defeat Ben Askren, an MMA fighter, in December 2021. He also fought Tyron Woodley again, who he had previously defeated by a split decision in August 2021 and knocked out in December 2021.
Jake’s most recent match was in October 2022 versus MMA competitor Anderson Silva, which he won by unanimous decision and earned him $1.5 million.
Jake had a match with Tommy Fury in Saudi Arabia on February 26, 2023. Jake promised himself a purse of $3.2 million plus 65% of the Pay Per View revenue, with an estimated total payoff of $9 million.
Jake’s expected earnings for 2016 were $11.5 million, and for 2017 they rose to $11 million. He earned an astounding $21.5 million in 2022, making him the second-highest-paid YouTube personality worldwide.
In 2017, Jake Paul relocated to his Beverly Grove apartment from a luxurious 15,000-square-foot property in Calabasas, California, which he had purchased for $6.925 million. The 3.5-acre gated property has a majestic three-story entrance with Italian tile and hardwood floors.
Arched entrances connect the formal dining room and kitchen with four ovens and a center island to the living area with a fireplace and floor-to-ceiling windows.
The main bedroom and the other seven-bedroom suites have a balcony, two walk-in closets, and a large shower with Bluetooth, steam, and aromatherapy.
The outdoor space has a pool, spa, two waterfalls, two grills, and numerous terraces with canyon views. It is decorated with rich flora.
Jake declared his intention to sell the property for about $7 million in January 2021. Yet he eventually sold it for $6.15 million, incurring an $850,000 loss.