Jake Paul’s net wealth exceeds that of his colleagues. Thanks to his multi-million-dollar earnings from boxing, video creation, endorsements, and more, the social media star-turned-boxer grabbed the No. 2 spot on Forbes’ list of the highest-paid YouTube stars in 2021. “Honestly, no,” he said in a FOX Business interview when asked if gaining money was his top concern.
“I like the challenge of making the money,” he told the publication. “And I like the challenge of accomplishing something that I don’t even think that I could even possibly do.”
In his years as a social media celebrity, Paul has generated plenty of content—and controversy—for anything from his “wedding” to ex Tana Mongeau to an FBI raid on his former Calabasas home. The influencer’s career has become increasingly centered on fighting since he initially threw his hat into the (boxing) ring in 2016. He’s now a promoter for other fighters and a strong advocate for paying UFC fighters more, in addition to fighting himself.
Well, let’s start with his Early Life first!
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Jake Joseph Paul was born in Westlake, Ohio, on January 17, 1997, to Pamela Stepnick and Gregory Paul. Logan, his younger brother, is also a YouTube sensation. Jake began his video career on the now-defunct video platform Vine. When Vine was shut down, he had roughly 5.5 million followers and two billion views.
How did Jake Paul actually become famous?
Vine existed before TikTok. Paul began his social media career on the latter, where he amassed 5.5 million followers, according to reports (and was already making a six-figure salary to boot, as reported by The Hollywood Reporter). Later, the star shifted from the phone screen to the small screen, starring as Dirk Mann in the Disney Channel comedy series Bizaardvark, with a young Olivia Rodrigo. He later left the show during the production of Season 2.
While his departure came after a news article regarding Paul’s supposedly disruptive behavior in his West Hollywood neighborhood, the celebrity tweeted at the time that it was a mutual decision. According to Teen Vogue, he tweeted at the time, “Long story short… my team, Disney Channel, and I have come to the agreement it’s finally time for me to move on from the Disney family and Bizaardvark,” “At this point in time, I am wanting to focus more on my personal brand, my YouTube channel, business ventures, growing Team 10, and working on more adult acting roles.” he says.
In 2016, he made his boxing debut, taking on fellow influencer Deji Olatunji, whose brother KSI had previously fought Paul’s brother Logan Paul at the same Staples Center event. According to The New York Times, over a million people paid $10 to see the battle on YouTube.
Paul is now mostly focused on boxing. “I wake up every day with fire in my belly,” Paul told Insider. “That’s just where the passion, hard work, and dedication come from.” While the entertainment scene in Los Angeles is “great,” he says boxing “just sits differently” for him than his other interests.
Personal Life
Paul’s Los Angeles neighbors gathered with city council members and law enforcement officials on July 18, 2017, to bring a public nuisance complaint against the YouTube celebrity. Large groups of supporters gathered outside Paul’s rented home in the Beverly Grove neighborhood when he made his address public. Paul’s landlords subsequently sued him for $2.5 million.
In 2018, Paul began dating model Erika Costello. In November of 2018, they called it quits. He dated Chloe Bennet from “Agents of S.H.I.E.L.D.” in the same year.
From April 2019 to January 2020, Paul dated Tana Mongeau, a social media celebrity. In July, the couple got engaged and married in a highly publicized wedding. The wedding ended up being little more than a PR gimmick.
Paul had a huge party at his Calabasas, California estate in 2019. Authorities looked into whether several young female attendees’ beverages had been poisoned. At least one person complained to the Los Angeles County Sheriff’s Department, claiming that their drink had been tainted with drugs. In a recent Facebook post, “My daughter was to a party in Calabasas last night for YouTube Jake Paul,” a concerned mother said on the “Moms of Conejo Valley” page. The mansion was crammed with young people. She ended up in the hospital with eight other drugged girls and was admitted to West Hills Hospital in a state of confusion.” The girls were half-naked and unable to speak or walk, according to their mother.
Paul was having dinner at P.F. Changs in Scottsdale Fashion Square mall on May 30, 2020, during the George Floyd/Black Lives Matter protests in Scottsdale, Arizona. The mall was looted by the public. Paul and his companions went into the midst of the thievery to film the proceedings. Criminal trespassing and unlawful assembly, both misdemeanor charges, were filed against him. He was not taken into custody. In Arizona, he will have to appear in court.
Jake Paul received a lot of backlash during the summer of 2020 for the large house parties he organized amid the coronavirus pandemic. Paul’s events didn’t require face masks or social separation. Moreover, despite local laws, Paul has no intention of stopping his illegal meetings because he wants to “live his life.” Calabassas mayor Alicia Weintraub has denounced a party scheduled for July 14, 2020.
Real Estate
Jake Paul moved out of his Beverly Grove rental in 2017 and bought a 15,000-square-foot property in Calabasas, California for $6.925 million. The mansion, which sits on 3.5 acres and is reached by a gated approach, features a three-story entry with a spiral staircase, Italian tiling, and hardwood floors. A fireplace and floor-to-ceiling picture windows grace the living room.
The formal dining room and kitchen, which has four ovens and a wide center island, are separated by arched doorways. One of the eight-bedroom suites in the house, the wood-accented master bedroom features a balcony and two walk-in closets. The bathroom’s big shower has steam, aromatherapy, and Bluetooth capabilities. The lushly landscaped grounds have a pool and spa with two waterfalls, as well as two grills and various terraces with views of the canyon.
Jake has stated that he planned to sell the house in January 2021 for roughly $7 million. He received $6.15 million three months later, a loss of $850,000.
Jake Paul’s PPV earnings.
Paul’s total earnings are almost certainly significantly higher than the figures above, as he is compensated based on pay-per-view (PPV) sales and endorsement partnerships in addition to the guaranteed payment he receives for each bout. His investment vehicle also has ownership in Endeavor, the parent company of the Ultimate Fighting Championship. He told Front Office Sports, “We put our foot in the door with a low six-figure investment just to get the ball rolling,” “As far as I’m concerned, that makes me a part-owner of the UFC.”
The fighter frequently argues for more remuneration for fighters. On several occasions, he has pleaded with UFC President Dana White to increase fighter compensation. He’s even recorded a diss rap on the matter, in typical YouTuber flair. “Proceeds from this video go to underpaid fighters in the UFC who get paid the $12k minimum.” according to the YouTube description of the song’s music video. Paul told FOX Business in February 2022 that he wants to “create a fighters union for boxers and MMA athletes.” “It starts with one person questioning everything. Now that we’ve taken this position, there are other people with big money who want to back this and be a part of the movement.” He told the front office sport
While pushing for more pay, the online sensation-turned-boxer has also backed up his teammates. He tweeted in April 2022 that he will give to Mike Malott’s campaign for Joey Rodriguez, his coach, whose daughter is suffering lymphoma “Mike Malott congrats on the win. Count me and Boxing Bullies in for $10K,” he said at the time, referring to his anti-bullying organization. “F*** cancer, and f*** s****y fighter pay,” he said.
How much did Jake Paul make of YouTube?
While it’s unclear how much Paul made from simply his YouTube views, Forbes estimates that he made $11.5 million in 2017. Paul’s name may be recognized by those who aren’t aware of his boxing career because of his viral social media material. Paul also started a collaborative content creation house called Team 10 long before famous TikTok houses like the Hype House for example.
After his brother, Logan Paul filmed a video that looked to reveal the blurred face of an apparent suicide victim, Paul’s YouTube was momentarily demonetized in early 2018. His YouTube channel has subsequently been re-monetized; however, he no longer posts as often. Paul’s non-boxing ventures, including his films, brought in $5 million in 2021, according to Forbes.
Salary Highlights
Jake made an estimated $11.5 million in 2016 and $11 million in 2017. But in 2018, he earned an incredible $21.5 million. That was enough to make him the world’s second-highest-paid YouTube celebrity at that time.
Jake Paul’s Net Worth
Jake Paul’s estimated net worth is around $60 million as of right now. Jake is consistently one of the highest-paid YouTube personalities in the world, with annual earnings ranging from $20 million to $40 million (before taxes). When the music video for his 2017 single “It’s Everyday Bro” went viral on YouTube, he received a lot of attention.
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