Social media has changed the world more than we think. Indeed, it presented a new career opportunity that no one had even thought of. You can earn a lot by being a social media influencer. And Jake Paul is a prime example.
For those who don’t know, Jake Paul is a professional boxer who has reached the pinnacle of popularity by becoming a social media influencer. He started his journey with Vine and then moved on to YouTube and TikTok. Yes he was part of a lot of controversy too. But no one can deny the success, let alone the legacy that Jake Paul has built.
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What you need to know about Jake Paul
You must be wondering what it takes for Jake Paul to achieve such success and amass such wealth. His journey is definitely inspiring and teaches you a thing or two about how to use social media to your advantage.
He started his boxing career by taking part in an amateur fight against Deji Olatunji, another YouTuber. Paul won the fight and he hasn’t looked back since. He entered the world of boxing professionally and won many matches. His notable victories include victories over UFC champion Tyron Woodley and NBA player Nate Robinson.
And now the state of Jake Paul is almost 60 million dollars! Yes, he is among the highest YouTube stars worldwide. In fact, his annual income is in the range of $20 million to $40 million! If that wasn’t enough, his income continues to grow every year!
Although he made about $11.5 million in 2016, by 2018 his income had increased to $21.5 million. And it’s not just his wealth that seems to be growing at an incredible rate. His popularity has also seen a surprising rise over time, even amid allegations of sexual harassment.
How Jake Paul made his fortune
You must be wondering how Jake Paul managed to achieve this feat. Is it really that well paid to be a social media influencer? In fact, being an influencer is really rewarding. 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.
YouTube
Let’s start with the obvious. The American social media star earns millions from this platform alone. He has millions of subscribers. And his videos get billions of views. So he makes quite a lot of money from YouTube ads.
tik tak
TikTok has also been very helpful for Paul, where he has a large following. He makes good money in the TikTok creators fund.
Boxing
No, all of his wealth does not come from social media. His boxing career also contributed. He is a professional boxer. Not only does he receive payments from the general contract, he also receives a share of the total number of views of his fights.
Product
Paul also has a merchandise store that is very much loved by his fans. Therefore, it is not surprising that he earns quite a lot of money from this enterprise.
Everything Jake Paul Owns
By now, you know pretty well what Jake Paul got rich off of. It’s time to find out what he spends them on.
No wonder Pavel loves cars! His collection of cars will leave many motorists indifferent. It is filled with many expensive cars. He even owns a Lamborghini Huracan worth around $208,000. In addition, he is also the owner of a $102,000 Tesla.
Yes, Paul leads a rather lavish lifestyle. In fact, he once admitted that he spent a million dollars in just one night. In addition to extravagant spending on supercars, Paul has many other interests. For example, his house is also quite expensive. He originally lived in a mansion in Calabasas, California that cost $6.9 million. His mansion was spread over 15,000 square feet and had eight bedrooms, as well as a swimming pool. There is also a garage for 26 cars. Paul eventually moved to Miami for training.
Paul seems to love things that are shiny and shimmery. And the more expensive these items, the more they attract Paul. He has an incredible collection of watches. Part of it is the $100,000 Audemars Piguet diamond. He also has a Gucci Grip Mickey Mouse watch.
And, of course, when someone likes to lead an extravagant life, they usually invest in a private jet. Paul prefers to fly private flights not only for boxing competitions, but also for trips with friends.
Jake Paul doesn’t spend all his money on himself. He is also quite generous with gifts. For example, he gave Monjo a $125,000 Mercedes-Benz G-Wagen for her 21st birthday. Also, when she had a fake Las Vegas wedding, he gave her a $300,000 diamond ring. He also gave her a broken-down Rolex worth nearly $100,000!
The value of his collections
If you don’t believe us about his extravagant and luxurious collections, we can provide details on those as well. Take a look at how much his supercars cost:
- Ferrari Roma: $680,000
- Porsche Panamera: $305,000
- Rolls-Royce Ghost: $950,000
- BMW Z4: $150,000
And here is the watch collection reportedly owned by Jake Paul:
- P Journe: $190,000
- Patek Philippe: $130,000
- Montblanc: $100,000
- Richard Mille: $150,000
- Van Cleef & Arpels: $40,000
- Patek Philippe: $210,000
- Baume & Mercier: $30,000
The Journey of Jake Paul
There’s no denying that Jake Paul has come a long way. Yes, he lives a luxurious lifestyle, but he works hard to maintain it. We can learn a lot from Paul about using the power of social media at the right time. If Paul had not realized the potential of social networks in time, he would not have become the name that he is today.
