Social media has changed the world in more ways than we realize. Indeed, it has presented a new career opportunity that no one had even thought of. You can make quite a lot being a social media influencer. And Jake Paul is a primary example of this.
For those who don’t know, Jake Paul is a professional boxer who reached the heights of popularity by becoming a social media influencer. He started his journey from Vine before making his way to YouTube and TikTok. Yes, he has been a part of many controversies too. But no one can deny the success, not to mention the legacy that Jake Paul has attained.
What to Know about Jake Paul
You must be wondering what Jake Paul has to become such a success and accumulate so much wealth. His journey is definitely inspiring and teaches you a thing or two about using social media for your benefit.
He started his boxing career by participating in an amateur bout against Deji Olatunji, a fellow YouTuber. Paul won the fight, and since then, there’s no looking back for him. He stepped into the boxing world professionally and won many matches. His notable wins include ones against UFC champion Tyron Woodley and NBA player Nate Robinson among others.
And now, Jake Paul’s net worth is nearly $60 million! Yes, he is among the highest YouTube stars worldwide. In fact, his annual income lies within the range of $20 and $40 million! If that wasn’t enough, his income continues to grow with every passing year!
While he made around $11.5 million in 2016, his income increased to $21.5 million by 2018. And it’s not only his wealth that seems to be growing at an incredible pace. His popularity, too, has witnessed a surprising increase with time, even amid sexual assault allegations.
How Jake Paul Made His Wealth
You must be wondering how Jake Paul managed to attain this feat. Does it really pay that well to be a social media influencer? Actually, being an influencer is indeed fruitful. However, Paul’s success also has a lot to do with recognizing opportunities at the right time. Take a look at some of his sources of income.
Let’s start with the obvious. The American social media star makes millions from this platform alone. He has millions of subscribers. And his videos generate billions of views. So he makes quite a lot via ad revenue on YouTube.
TikTok also has been pretty beneficial for Paul, where he enjoys a large following. He earns quite well from the TikTok creator fund.
No, all his wealth does not come from social media. His boxing career, too, has contributed to it. He is a professional boxer. Not only does he get general contract payouts, but he also receives a cut of the pay-per-view total of his fights.
Paul also has an outlet for merchandise which his fans absolutely love. Hence, it’s not really surprising that he makes quite a lot of money with this venture.
Everything That Jake Paul Owns
So far, you know pretty well where Jake Paul has made his fortune from. It’s time to find out what he spends it on.
Not surprisingly, Paul loves cars! His car collection will leave many car lovers wide-eyed. It’s filled with many pricey vehicles. He even owns a Lamborghini Huracán that costs around $208,000. Additionally, he’s also the owner of a Tesla worth $102,000.
Yes, Paul lives quite a lavish lifestyle. In fact, he once admitted to spending a million dollars merely on a single night. Apart from spending extravagantly on supercars, Paul has quite a lot of other interests. For instance, his house is pretty pricey too. Initially, he lived in a mansion in Calabasas, California, whose worth was $6.9 million. His mansion was spread across 15000 sq. feet and featured eight bedrooms along with a swimming pool. It also has a 26-car garage. Paul eventually moved to Miami for his training.
Paul seems to have a thing for shiny and shimmering objects. And the more expensive these items are, the more Paul is attracted to them. He has an incredible watch collection. A diamond Audemars Piguet is a part of it that costs $100,000. He also he a Gucci Grip Mickey Mouse watch.
And of course, when someone loves to lead an extravagant life, he usually invests in a private jet. Paul prefers taking private flights not only for his boxing events but also for his trips with friends.
Jake Paul does not spend all his money on himself. He’s pretty generous with his gifts too. For instance, he gave a $125,000 Mercedes-Benz G-Wagen to Mongeau for her 21st birthday. Additionally, when she had a fake wedding in Las Vegas, he brought her a $300,000 diamond ring. He also gave her a dissembled Rolex that cost nearly $100,000!
The Worth of His Collections
If you don’t believe us about his extravagant and luxurious collections, we can provide details about them too. Take a look at how much his supercars are worth:
- Ferrari Roma: $680,000 USD
- Porsche Panamera: $305,000 USD
- Rolls-Royce Ghost: $950,000 USD
- BMW Z4: $150,000 USD
And here’s a look at the watch collection reportedly owned by Jake Paul:
- P Journe: $190,000 USD
- Patek Philippe: $130,000 USD
- Montblanc: $100,000 USD
- Richard Mille: $150,000 USD
- Van Cleef & Arpels: $40,000 USD
- Patek Philippe: $210,000 USD
- Baume & Mercier: $30,000 USD
The Journey of Jake Paul
There’s no denying that Jake Paul has come a long way. Yes, he leads a lavish lifestyle but works hard to maintain it. There’s a lot we can learn from Paul about using social media opportunities at the right time. If Paul hadn’t realized the potential of social media timely, he wouldn’t have become the name that he is today.