Jake Paul
Jake Paul
Jake Paul's Net Worth 2024, Salary, Girlfriend, and More
Who is Jake Paul?
Jake Paul is a name synonymous with YouTube fame and internet stardom. No other personality in recent times has had the kind of impact on boxing as the twenty-seven-year-old Jake Paul. Since his beginnings as a social media star, he has significantly expanded his horizons into the realms of boxing and business. But much before he embarked on a new career, Paul had a hugely successful career as a YouTube and Vine Content Creator. Starting in 2013, the Cleveland, Ohio-born boasts a YouTube channel with over twenty million subscribers. After starting out, Paul soon branched out, taking over every field he laid his eyes on, one of which was boxing. But how? Let us start from the beginning.
Jake Paul's early life
Born on January 17, 1997, in Cleveland, Ohio, to Greg Paul and Pam Stepnick, Jake Joseph Paul went to Westlake High School in his hometown. Reportedly football and wrestling were the sports that grabbed his attention initially. After completing his schooling, Paul went to Cleveland State University to pursue higher studies.
He has an elder brother, Logan Paul who was into YouTube content creation as well and later took a leap into boxing and finally into the pro wrestling franchise WWE, where he is a big star now.
Jake Paul's girlfriend
Jake Paul is currently going serious with his Dutch girlfriend, Jutta Leerdam. A speed skating champion, she and Paul reportedly met on Instagram. They made their relationship official in April last year. Before he met Leerdam,' The Problem Child' was dating Instagram model and social media influencer Julia Rose. Their relationship began in 2020 and ended in the latter part of 2022.
But there were other girlfriends before Rose as well. He used to see another internet personality Tana Mongeau till 2019. Then there was Erika Costell. During 2016 and 2017, Jake Paul dated model and actress Alissa Violet.
Jake Paul's Net Worth 2024
According to celebritynetworth.com, Jake Paul's net worth is nearly $80 million. They also added that his annual income before tax deduction hovers between $20 million and $50 million, generated through boxing fights, YouTube videos, endorsements, and merchandise.
It was in 2021 that Jake Paul joined his advisor Nakisa Bidarian to lay the foundations of his promotional venture, Most Valuable Promotions.
The promotion was behind Paul's two matches with former UFC champion Tyron Woodley in 2021. Even the bout with Anderson Silva in October last year took place under MVP.
But the venture hit gold with the boxing match between then undisputed champion Katie Taylor and Amanda Serrano, promoted by MVP, on April 30, 2022.
The first-ever bout for women in New York's Madison Square Garden was described as the biggest women's fight of all time. Apart from the nearly 20k crowd who thronged the stadium, people across 170+ markets, or almost 1.5 million audiences, according to DAZN, were able to watch the match. Amanda Serrano reportedly took home $1 million.
Jake Paul signed up for a multi-year contract with the Professional Fighters League early in January of 2023. The deal requires him to participate in the franchise's mixed martial arts promotional activities.
Thus his designation would be that of head of fighter advocacy. Regarding fights, he would take part in PFL's PPV Super Fight Division and take home roughly fifty percent of the revenue generated by pay-per-view sales.
Besides the above, Jake Paul also has a stake in Betr, a sports company that claims to have developed the world's first direct-to-consumer micro-betting app. Available through Apple and Google Play stores, the app, introduced in 2022, is reportedly an outcome of a collaboration between Paul and Joey Levy. According to TMZ Sports, the company is worth around $300 Million. In 2023, the Ohio native's brainchild raised $35 Million in new funding from Fuel Venture Capital and Roger Ehrenberg of IA Sports Ventures and Eberg Capital. Paul even has the company's logo tattooed on his leg, marking his commitment to the brand.
'The Problem Child' is also reported to have lucrative deals inked with UK-based men's apparel brand boohooMAN, American sports betting firm DraftKings, and New York-based fashion travel accessories maker SPRAYGROUND, among others. It should be noted that Paul's clothing line, RNBO Clothing, stands for Rise N Be Original.
In 2024, Jake Paul started a new brand with UFC Bantamweight champion Sean O'Malley that is quickly climbing the sales charts. "W" is Paul's latest business endeavor, focusing on men's hygiene and grooming. The brand offers a comprehensive range of products under $10, including body wash, body spray, and antiperspirant deodorant. W’s products are crafted with patent-pending mood-boosting fragrances and infused with nutrient-rich ingredients like Vitamin B, Vitamin E, Magnesium, and Biotin to nourish hair and skin. They are made without phthalates, parabens, harsh sulfates, or artificial dyes.
Currently, his net worth, based on the value of his companies and their corresponding stocks, is somewhere in the vicinity of between $34.3 million and $80 million, according to most estimates.
Jake Paul's career timeline and earnings
Jake Paul has participated in nine professional bouts since starting his boxing career in 2018. For his debut amateur fight against Deji Olatunji on August 25, 2018, he earned around $2 million. This undercard match for KSI vs. Logan Paul at the Manchester Arena ended in the fifth round with Paul winning by technical knockout.
On January 30, 2020, Paul fought his first professional bout against British YouTuber AnEsonGib, earning about $1 million. He secured a first-round victory at Miami's The Meridian at Island Gardens.
For his second 2020 bout against American basketball star Nate Robinson on November 28, Paul earned over $1.2 million. The match at the Staples Center in Los Angeles ended in the second round with Paul knocking out Robinson for another victory.
Paul's first match against a professional fighter at Atlanta's Mercedes-Benz Stadium on April 17, 2021, saw him get richer by $690,000, guaranteed as a fight purse. Another early-round finish for Paul, who got the better of the professional grappler Ben Askren in the first round to score a victory.
For the first match against former UFC champion Tyron Woodley on August 29, 2021, Jake Paul received a guaranteed fight purse of $2 million. The two met in his hometown Cleveland at the Rocket Mortgage FieldHouse. The eight-round match went the full distance, and Jake Paul was declared a winner by a split decision. The second fight against Woodley was on December 18, 2021, at Tampa's Amalie Arena. Unlike their previous bout, Paul stopped Woodley in the sixth round with a knockout that earned KO of the Year by DAZN and ESPN. Paul's guaranteed purse for the match was around $4 million.
The fight against former UFC champion and legend Anderson Silva on October 29, 2022, was the second match in Paul's career that went the total distance. The eight-round bout ended in a unanimous victory for 'The Problem Child.' Paul's fight purse also swelled to $5 million for the Glendale, Arizona's Desert Diamond Arena match.
Jake Paul's biggest fight to date was against Tommy Fury on February 26, 2023. The battle culminated after years of talks and was to be the American's first match against a full-blooded boxer. Tommy Fury, world heavyweight champion Tyson Fury's half-brother, won the match by a split decision despite Paul sending him down to the canvas in the final round. Money-wise, it proved to be the biggest payday for Jake Paul. His guaranteed purse stood around $30 million.
Coming back to the ring after his first defeat against Tommy Fury within a couple of months, Paul picked UFC legend Nate Diaz as his opponent on August 5, 2023. The bout took place at American Airlines Center in Dallas, Texas, marking the boxing debut of "The Stockton Slugger." Although Diaz showed great determination and courage while battling it out with the 'Problem Child', the Ohio native emerged to be the better boxer on the night, securing a fifth-round knockdown, and eventually winning the match by unanimous decision. The fight was lucrative for both Paul and Diaz. Paul's guaranteed purse for the fight stood at around $2 million, according to Marca.
Taking a break from adding a spate of former MMA bigwigs to his boxing record, Jake Paul wanted to pick up on his journey to becoming a world champion boxer. Therefore, this time he picked a professional boxer Andre August, to be his opponent on December 15, 2023. The 'Problem Child' did not disappoint! Devastatingly, Jake Paul knocked out August with a brutal uppercut in the first round. The non-PPV fight reportedly fetched Jake Paul $2.8 million, according to Sports Zion.
Featuring in the co-main event of the homecoming fight for Amanda Serrano in Puerto Rico against Nina Mienke, Jake Paul continued his journey of becoming a world champion by defeating Ryan Bourland, a former Golden Gloves and Junior Olympics champion in the very first round of their March 2, 2024 fight. Sadly, the main event with Amanda Serrano could not happen as she was deemed medically unfit by doctors after a cosmetic-related eye injury flared up before the match.
Jake Paul is now scheduled to face off against boxing legend Mike Tyson in a professional fight on November 15, 2024. The highly anticipated bout will take place at AT&T Stadium in Arlington, Texas, and will be streamed globally on Netflix for their first-ever foray into sports. On the undercard will be the highly anticipated Amanda Serrano vs. Katie Taylor rematch as the co-main event.
Originally planned for July 2024, the fight was postponed due to Tyson experiencing health issues. While he initially intended to compete, medical attention forced a postponement. This isn't Jake Paul's fight this month though. To stay sharp, he'll be facing BKFC contender Mike Perry on July 20th in Tampa, Florida. On the undercard, Amanda Serrano will face Stevie Morgan in her Super lightweight return. You can catch that fight live on DAZN.
Jake Paul's social media career, businesses and endorsements
The social-media career of Jake Paul could be divided into four phases.
- 2013 to 2016
Jake Paul entered the social media arena by posting videos on Vine, the video hosting service meant for short video clips, by September 2013.
Unfortunately, the journey with Vine came to an end in 2017. But by then, Paul already had a steady 5.3 million subscribers besides the 2 billion views.
On May 5, 2015, 'The Problem Child' introduced his YouTube channel Jake Paul Daily Vlogs to the world. Later Disney asked him to join their Bizaardvark series. But soon, they went their separate ways.
Paul later confirmed being fired by Disney when the channel had to deal with increasing complaints against Paul over parties going out of control.?
- 2017 to 2019:
Probably around early 2017, Jake Paul launched Team 10. It coincided with the introduction of TeamDom, a media company with a capital investment of $1 million.
A few months later, on May 30, along with the rest of the team members in Team 10, he presented a single "It's Everyday Bro" that reached the ninety-first position in the Billboard Hot 100.
In 2018, he released several recordings, mostly in collaboration with the Team 10 members, such as Malibu on April 27, My Teachers on May 11, Randy Savage, and Cartier Vision on May 24.
On August 15, 2018, roughly ten days before his first amateur fight with British YouTuber Deji Olatunji, Paul released a single Champion primarily to taunt the former.
It must be noted while he made it to the Forbes list of 2018's highest money-making YouTubers, the year also saw his Team 10 leaving for greener pastures.
- 2019 to 2020:
In the year, 2019, Jake Paul carried forward his focus on musical releases. The first to take place was on March 1, titled, I am Single. It was followed by These Days on December 13.
Fresh Outta London came out on July 24, 2020, which unfortunately garnered quite a lot of negative publicity. 23 featured elder brother Logan Paul in the music video, which saw a release on September 10.
A collaboration with Canadian rapper TVGucci saw him introduce the number Dummy on October 15 that year.
- 2021 - Till Now:
In 2021, the world saw Jake Paul enter the big league with the launch of his boxing promotions firm, Most Valuable Promotions (September 2021), and roughly a year later, he introduced Betr, the micro-betting application.
Betr, which Jake Paul launched in 2022 with co-founder Joey Levy (Simplebet), is a sports media and mobile betting platform. It aims to disrupt the industry with innovative features alongside traditional sports betting and online casino options. Betr boasts a $375 million valuation after securing $100 million in funding. Their latest funding round in March 2024 valued the company at $375 million. They plan to expand into real-money fantasy sports across 24 states and eventually become a nationwide sportsbook brand.
Moreover, he signed an endorsement deal with energy drink company Celsius; the agreement kickstarted around the time of his fight against Tommy Fury in 2023. Finally, he made big news by signing a contract with the Professional Fighter League (PFL) in January 2023.
In June 2024, in partnership with UFC Bantamweight champion Sean O'Malley, Jake Paul launched "W", a new line of men's personal care products exclusively sold at Walmart. W offers body wash, body spray, and antiperspirant at a budget-friendly price point of less than $10, with plans to expand to include shampoo, conditioner, and hair styling products by August. This deal leverages Walmart's massive reach, making W readily available across the US in over 4,000 stores. While details are slim on future plans, there's a possibility W might also be sold online through Amazon soon.
Jake Paul's record 2024
As of 2024, barring the amateur bouts he won, Jake Paul's professional record stands at nine wins against one loss. Six of his nine victories came through knockouts.
Jake Paul's foundation and charity
Despite all his trash-talking and aggressive in-ring demeanor, Jake Paul has a heart that beats for people in need. For long associated with the Make Your Wish Foundation, he founded Boxing Bullies in 2021 to address the widespread issue of bullying. It is also into renovating gyms across the United States and Puerto Rico. Scheduled to feature on the undercard of the Amanda Serrano vs Nina Mienke main event in Puerto Rico, Jake Paul vowed to donate his fight purse to Boxing Bullies which will be used to renovate gyms in the Caribbean island.
Moreover, fresh from his victory against Tyron Woodley in December 2021, Paul organized an afterparty fundraiser at the El Tucan restaurant in Miami and reportedly raised a million dollars for Boxing Bullies. According to the Sun, he auctioned off "one of a kind" NFTs and items from his brother Logan Paul and Alec Monopoly, a renowned street artist.
Jake Paul's house
Apart from his many businesses, Jake Paul set his eyes on some serious property investments. Let's start with his first purchase, a 15,000-square-foot residence in California's Calabasas. Reportedly, he bought the eight-bedroom mansion for nearly 7 million in 2017.
The property's amenities include a fireplace, floor-to-ceiling picture windows, a pool, a spa with waterfalls, and two grills. However, he eventually sold in 2021 for $6.50 million.
Paul's next big purchase happened last year. He bought a roughly twelve thousand square feet palatial residence for approximately $16 million.
The two-story, eight-bedroom villa is located in Puerto Rico. Reportedly, he purchased it from Major League Baseball player Yadier Molina.
The vast place offers a gym, a swimming pool, a wet and a dry bar, and a six-car garage.
Jake Paul's car collection
Ferrari 296 GTB
Paul managed to get his hands on this sleek sports car last year. However, you would have thought that Jake Paul would handle the £330,000 worth sports car with care. Well, think again! Paul managed to break the car after only one day. As he took the beautiful yellow sports car for a ride, he decided to do a 0-60 drags race and broke the new tires on the highway. And that wasn't all as every single warning light on his car's dashboard started flashing as he did some donuts in a parking lot. Supposedly, Paul had to head back to the dealership with his car for repair work hours after buying it.
Ferrari SF-90
After the debacle with his first Ferrari, Paul decided to add another of these beauties to his car collection. Fortunately, he didn't do anything stupid with this one. The SF-90, worth around $423,000, was in the same yellow color as the 296 GTB. The sports car is equipped with three electric motors and a twin-turbocharged V8 engine rated at a power output of 780 PS.
LAMBORGHINI HURACAN
Jake Paul bought himself another sportscar in 2018, and this time it wasn't a Ferrari. A bright blue Lamborghini Huracan Performante, worth around £165,000, is one of many supercars that currently sits in his garage. He even shot a YouTube video to show his fans how emotional he was about buying a Lamborghini. Later he took it for a ride and was thrilled to drive the "powerful" car at very high speeds.
TESLA MODEL X
Jake Paul bought the only electric car in his collection- the Tesla Model X in 2017. Worth approximately $80,000, it is nothing compared to the other cars on this list. However, the wealthy fighter wrapped the car in custom colors with the help of West Coast Customs, adding his touch to the electric vehicle.
Rolls Royce Phantom
Jake Paul also owns a classic Rolls-Royce Phantom in white. The luxurious car is powered by a 6.7 liter turbocharged V-12 engine that produces a maximum power of 563 BHP. It costs around $4,61,000.
Dodge Ram
One of Paul's prized possessions includes a 4 x 4 pickup truck that can traverse through rough terrains like sand, snow, etc. It is powered by a 5.7-liter V8 engine. It is worth around $40,000.
Toyota Tacoma
Paul possesses a sturdy SUV - a Toyota Tacoma in white. Equipped with a 2.7-liter I-4 engine, the car produces 159 HP and 180 lb-ft of torque. The car costs around $20,000.
Ford Focus RS
Impressed by the customizations made by West Coast Customs on his Tesla, Paul returned to them with his black Ford Focus RS to make some changes. The change in colors inspired the YouTube sensation to nickname it "Rainbro".
Jake Paul’s Social Media Accounts
https://www.instagram.com/jakepaul/ | |
https://twitter.com/jakepaul | |
https://www.facebook.com/jakepaul/ | |
Website | N/A |
Personal Information: | |
Full Name | Jake Joseph Paul |
Popular Name | 'The Problem Child'/ ‘El Gallo de Dorado |
Date Of Birth | January 17, 1997 |
Birth Place | Ohio, USA |
Age | 27 years old |
Height | 6”² 1”³ / 185cm |
Weight | Cruiserweight |
Parents | Gregory Allan Paul (father), Pamela Ann Stepnick (mother) |
Siblings | Logan Paul |
Nationality | American |
Ethnicity | Austrian-Jewish, English, German-Jewish, Hungarian-Jewish, Irish, Scottish, and Welsh ancestry |
Net Worth | Between $34.3 million and $80 million |
Salary | Difficult to ascertain |
Spouse | N/A |
Relationship/Marital Status | In a relationship with Jutta Leerdam |
Children | None |
Profession | Boxing/content creator/Entrepreneur |
Team | Team 10, MVP |
Titles | None |