Jake Paul’s net worth: $17 million
Jake Paul is a social media persona and actor. Most of his fortune comes from YouTube advertisements, though he additionally will get paid for selling merchandise and different ventures. He ranks tenth on the world’s highest-paid YouTuber rankings.
Jake Joseph Paul, born in 1997, is the youngest brother of American YouTuber Logan Paul. Logan Paul ranks number 8 on our listing of richest YouTubers with a net worth of round $19 million.
Jake Paul began his social media profession on Vine, the place he was found and employed to be part of the Disney Channel collection Bizaardvark. Two years later in 2017, he was evicted from his residence in California after repeated noise complaints from neighbors. On account of his authorized points, Disney fired him from the present.
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YouTube Profession
Paul launched his YouTube channel whereas he was nonetheless a part of Bizaardvark, however didn’t focus a lot on selling it until he left the present. The primary massive hit of the channel was a music video known as “It’s On a regular basis Bro,” which was considered over 70 million occasions on the primary month of launch and obtained extremely unfavorable feedback and principally thumbs down from viewers. It nonetheless launched his profession.
Though Paul managed the channel on his personal at first, in 2017 he created an leisure collaborative often called Workforce 10. The group, which obtained $1 million in financing from a number of corporations, focuses on influencer advertising administration and teenage leisure. Paul’s YouTube channel now has over 20 million subscribers and greater than 6.5 billion views.
Enterprise Ventures, Partnerships and All the things Else
In February 2018, Jake and Logan Paul agreed to take part in a boxing match in opposition to KSI and his youthful brother, Deji. Although the primary match was the one between KSI and Logan Paul, Jake did properly too, successful by way of technical knockout (TKO) within the fifth spherical. A yr and a half later, he had one other boxing match in opposition to YouTuber AnEsonGib, which he additionally received by way of TKO within the first spherical. Whereas there’s little data on how a lot he made with the fights, the combat between Logan and KSI introduced in about $11 million {dollars}, so even with a lot smaller numbers, Jake in all probability did OK too.
In early 2019, Paul teamed up with MysteryBrand, which provides “thriller containers” stuffed with prizes that fluctuate from finger spinners and brand-name sneakers to a $250 million mansion. He was paid a minimum of paid $100,000 for the promotion. The corporate has been below hearth for promising prizes they don’t really personal (like mentioned mansion) or not delivering winnings.
In February 2020, Paul introduced he would launch a subscription platform often called “The Monetary Freedom Motion” enterprise, the place for $19.99 a month he provides subscribers “innovative mentorship, teaching, and coaching” to study constructing an online presence. Nonetheless, evaluations concerning the service have been underwhelming, citing poor content material and lack of sensible recommendation. The service remains to be out there and promoting.
Actual Property
Actual Property: Till 2017, Paul lived in a $17,000-a-month rented Calabasas mansion with members of his Workforce 10. After being evicted, he purchased a $6.9 million, 15,000-square-foot mansion in the identical space. As well as to a gated driveway and plenty of marble, the house additionally has a temperature-controlled wine closet, a house theater and an enormous pool with a shocking view. The members of his crew moved in with him.
Controversies and Authorized Hassle
Apart from the noise complaints and getting fired from Disney, Paul additionally obtained into bother for throwing an enormous celebration through the COVID-19 pandemic. He not solely obtained a go to from the police to break up the celebration however Calabasas mayor Alicia Weintraub mentioned she was trying into fines and penalties that may very well be issued for breaking social distancing guidelines.
A few month later in August 2020, Paul’s home was raided by the FBI as a part of “an ongoing investigation.” No particulars have been shared relating to what the investigation is about.
