Jake Paul’s Staggering Net Worth Revealed: How He Built His Fortune
Jake Paul's Net Worth: $100 Million
Jake Paul, an American social media influencer, actor, boxer, and comedian, boasts a net worth of $100 million. He ranks among the highest-earning social media figures globally, generating an annual income ranging from $20 million to $50 million (before taxes) through various channels, including boxing events, merchandise sales, YouTube views, and endorsements.
In 2021, Jake earned $45 million, largely attributed to three professional boxing matches, alongside $5 million from endorsements and social media activities. From September 2022 to September 2023, his earnings totaled $34 million. His rise to fame began with the viral success of his 2017 single "It's Everyday Bro" on YouTube. He is the younger sibling of fellow YouTube sensation Logan Paul. Recently, Jake has pursued a boxing career, achieving victories against several opponents in matches that attracted millions of Pay Per View viewers.
In November 2024, he faced Mike Tyson in a live-streamed event on Netflix, earning $40 million for the bout, while Tyson received $20 million.
Additionally, Jake is a co-founder of the body care brand "W," which specializes in men's deodorant. In July 2024, the company secured $11 million in Series A funding, bringing its total valuation to $150 million.
Early Life
Jake Joseph Paul was born on January 17, 1997, in Westlake, Ohio, to parents Pamela Stepnick and Gregory Paul. He has one brother, Logan, who is also a well-known YouTube personality. Jake began his online career by posting videos on the now-defunct platform Vine, where he amassed nearly 5.5 million followers and achieved two billion views before the platform's closure.
Social Media Career
Jake commenced his video career in September 2013. Following the closure of Vine in January 2017, Disney engaged Jake for a role in the sitcom "Bizaardvark." His signature phrase on the show was "It's Everyday Bro!" (It is worth noting that this phrase is not grammatically accurate. "Everyday" refers to something that is commonplace or routine, as in "These are my everyday socks." It is likely that Jake intended to say, "It's Every Day, Bro!" which would imply an occurrence that happens daily.)
In July 2017, Jake was dismissed from "Bizaardvark" during the production of its second season. By that point, Paul had become embroiled in numerous controversies, including complaints from neighbors regarding raucous parties, pranks, fire hazards, and the large gatherings of young fans outside his rented residence after he disclosed his address on social media. In an interview with The Hollywood Reporter, Paul acknowledged that his dismissal from the Disney Channel series was a result of the uproar surrounding his parties and the subsequent local news coverage.
In January 2017, Jake Paul established Team 10, a digital influencer marketing platform and creative agency focused on producing and promoting entertainment for a teenage audience. In May of the same year, he released a song and music video titled "It's Everyday Bro," which garnered over 70 million views within a month.
In early January 2018, Paul released a video titled "I lost my virginity." The thumbnail featured Paul and his then-girlfriend, Erika Costell, in a semi-nude position. Consequently, YouTube imposed an age restriction on the video, prompting Paul to update the thumbnail to a more modest image of the couple.
Boxing Career and Earnings
In 2021 alone, Jake generated $40 million from his boxing matches, including purses and Pay Per View bonuses. He made his professional boxing debut on January 20, 2020, in Miami, where he competed against fellow YouTuber AnEsonGib, securing a victory through a TKO just 2:18 into the first round. In November 2020, Jake achieved a knockout victory over retired NBA player Nate Robinson, earning approximately $1.2 million from that bout. The following month, he faced MMA fighter Ben Askren and won by TKO. In August 2021, he also triumphed over Tyron Woodley by split decision, earning $2 million. A rematch with Woodley took place in December 2021, resulting in another victory for Jake via knockout.
In October 2022, Jake faced MMA fighter Anderson Silva, winning by unanimous decision and earning $1.5 million. On February 26, he fought Tommy Fury in Saudi Arabia, where he lost by split decision. Jake secured a guaranteed $3.2 million for this match, along with 65% of Pay Per View earnings. Although he was projected to earn around $9 million, he later claimed on social media that his earnings from the fight amounted to $30 million.
Personal Life
On July 18, 2017, residents near Paul’s Los Angeles home convened with city council members and law enforcement to discuss filing a public nuisance lawsuit against him. Paul had publicly disclosed the address of his rented residence in the Beverly Grove neighborhood, leading to large gatherings of fans outside his home. Ultimately, he faced a lawsuit from his landlords for $2.5 million.
On July 18, 2017, residents of Los Angeles, who lived near Paul, convened with city council representatives and law enforcement to initiate a public nuisance lawsuit against the YouTube personality. Paul publicly disclosed the address of his rented residence in the Beverly Grove area, resulting in large gatherings of fans outside his home. Subsequently, his landlords filed a lawsuit against him for $2.5 million. In 2018, Paul began a relationship with model Erika Costello, which ended in November of the same year. He also dated Chloe Bennet, an actress known for her role in "Agents of S.H.I.E.L.D." during that time. From April 2019 to January 2020, Paul was in a relationship with social media influencer Tana Mongeau. The couple became engaged and held a widely publicized wedding ceremony in July, which was later revealed to be a mere publicity stunt.
In April 2023, he commenced a relationship with Dutch speed skater Jutta Leerdam. In 2019, Paul hosted a large party at his mansion in Calabasas, California, which prompted an investigation by authorities regarding allegations that several young female attendees had their drinks tampered with. At least one individual lodged a complaint with the Los Angeles County Sheriff's Department, claiming their drink had been drugged. A concerned mother posted on the "Moms of Conejo Valley" Facebook page, stating, "My daughter attended a party in Calabasas last night for YouTube star Jake Paul. The mansion was filled with young people. She ended up in the hospital alongside eight other girls who had been drugged and taken to West Hills Hospital in an incoherent state." The mother described the girls as being partially undressed and unable to communicate or walk. On May 30, 2020, during the George Floyd/Black Lives Matter protests in Scottsdale, Arizona, Paul was dining at P.F. Changs in the Scottsdale Fashion Square mall when looting began. He and his friends entered the chaos to film the events. As a result, he faced charges of criminal trespassing and unlawful assembly, both classified as misdemeanors, but he was not arrested and is required to appear in an Arizona court.
Salary Overview
In 2016, Jake's earnings were approximately $11.5 million. The following year, he earned $11 million. In 2018, his income surged to an impressive $21.5 million, positioning him as the second-highest-paid YouTube personality globally. By 2021, Jake's total earnings reached $45 million, and in 2022, he generated $20 million. Real Estate in Los Angeles In 2017, Jake Paul moved from his rental in Beverly Grove to a sprawling 15,000-square-foot mansion in Calabasas, California, which he acquired for $6.925 million. Situated on 3.5 acres at the end of a gated driveway, the residence features a grand three-story entrance with a spiral staircase, Italian tile, and hardwood flooring. The living room is equipped with a fireplace and boasts floor-to-ceiling picture windows.
In May 2023, Jake Paul acquired a lavish 12,000-square-foot mansion in Puerto Rico for $15.75 million. The property was previously owned by retired MLB catcher Yadier Molina, who constructed the residence from the ground up, finishing the project in 2021.