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Jake Paul net worth 2024 | How much money does Jake Paul have?

The world's richest YouTube boxer – Jake Paul's net worth revealed
Nemanja Curcic

Jake Paul, a prominent internet and social media personality, has embarked on a professional boxing career, reshaping the sport as millions of followers observe and cheer. The highly anticipated Jake Paul vs. Mike Tyson fight in July has sparked an online craze, enough for Netflix to make a first-ever appearance in sports and announce covering the event. Unfortunately, the event was postponed until November 15 due to Mike Tyson’s health issues. Still, the big bucks beg the question: how much is Jake Paul’s net worth?

Jake Paul vs. Mike Tyson

On July 20, the highly anticipated Jake Paul vs. Mike Tyson match was set to mark the potentially biggest fight in boxing history. As the word goes, the event would have been one of the most viewed fights of all time and would have likely brought millions of dollars to both celebrities. Jake Paul, an internet socialite and one of the highest-grossing boxers would face the living legend of boxing, Mike Tyson. Hosted at the AT&T Stadium in Arlington, Texas — the largest NFL stadium by seating capacity — and broadcast live by Netflix, the world’s largest streaming service, this event was positioned to live up to its monumental expectations.

Sadly, due to an ulcer flare-up, Mike Tyson had to postpone the fight, which has been re-scheduled for November 15.

Netflix and Most Valuable Promotions, an organization founded by Jake Paul himself, are co-organizing the fight, which will bring enormous financial gain to all participants. The fight is poised to attract flocks of boxing enthusiasts and first-time observers alike, not the least owed by the internet popularity of “the Problem Child.”

The world's richest YouTube boxer – Jake Paul's net worth revealed
Mike Tyson in 2023. Source: Shutterstock.com

Jake Paul to fight Mike Perry instead

Rather than letting the original date go to waste, Jake Paul entered the ring with the mixed martial artist and bare knuckle fighter Mike Perry. Although not as anticipated as the match with Mike Tyson, the duel brought fighters a heft sum of money. Jake Paul won via KO and expressed anticipation for the Tyson match later this year.

Regardless of professional or personal opinions about the match, the event promises huge commercial success, adding significantly to Jake Paul’s net worth. Even without the match, Paul’s portfolio was sizeable enough to lead Forbes to rank him among the highest-paid YouTube creators in 2017, 2018, 2021, and 2023, as well as name him one of the highest-paid athletes in 2022.

Jake Paul was already rich before he started his professional boxing career in 2020, owing to his dominating social media presence.

How did Jake Paul get famous?

Although he and his older brother, Logan Paul, who is also a social media influencer and a professional fighter, recorded videos of themselves when Jake was just ten, his career started in earnest in 2013.

Jake Paul first posted his videos on Vine, amassing over 5 million followers and 2 billion views on the app before X (then Twitter) discontinued it. He then launched a YouTube channel in May 2014, doing pranks and controversial stunts and sharing his hip-hop music. 

Once he grew famous on these two platforms, Disney (NYSE: DIS) hired him for the series Bizaardvark. During the second season’s filming, the Disney Channel fired him due to a negative news report from KTLA and public complaints from the influencer’s neighbors.

In 2016, Jake Paul launched an entertainment collective called Team 10. His first personal business venture was launching a teenage entertainment media company TeamDom with $1 million in funding on his 20th birthday in 2017. On May 30, 2017, he released a music single “It’s Everyday Bro”, featuring the collective. It reached 70 million views in a month and became one of the most disliked videos on the platform. 

Nonetheless, it peaked at number 91 on the Billboard Hot 100 and was certified platinum by the RIAA. He proceeded to make music for some time, featuring Gucci Mane and the rest of the Team 10 until they split up in 2018.

Recommended video: Jake Paul – It’s Everyday Bro (Song) feat. Team 10 (Official Music Video)

In 2018, at the age of 21, Paul became the second-highest-paid YouTuber according to Forbes’ list. He earned $21.5 million that year alone.

Jake Paul boxing career

In 2021, as part of Jake Paul’s boxing career, he took on several business ventures. He co-founded a venture capital firm named Anti Fund and led investments in Simplebet Inc. 

Additionally, he established Most Valuable Promotions, which played a pivotal role in organizing his boxing match with Mike Tyson, and signed renowned boxer Amanda Serrano. Alongside his ventures in the boxing world, he also launched “Boxing Bullies,” an initiative dedicated to combating youth bullying.

By May 2022, Paul appeared on Forbes’ list of the highest-paid athletes, earning $38 million from boxing and other ventures. 

Three months later, he founded Betr, a sports media and mobile-betting company, securing $50 million in series-A funding. In March 2024, Betr was evaluated at $375 million and raised $15 million to a total funding of $100 million to expand its sports betting services and products. Suffice to say, the endeavor significantly contributed to Jake Paul’s net worth.

In January 2023, Paul made a deal with the Professional Fighters League to cofound and compete in Super Fight, a novel pay-per-view division, with the official role of “head of fighter advocacy.”

Jake Paul’s boxing matches

Jake initiated the history of boxing victories and commercially successful showdowns with a debut in January 2020, where he fought against a YouTuber AnEsonGib, and won with a TKO in the first round. The same year he won against retired NBA player Nate Robinson in a co-feature match to the duel between Mike Tyson and Roy Jones Jr.

In August 2021 Paul was victorious against Tyron Woodley, and in December he defeated MMA fighter Ben Askren. Later in December he had a rematch with Woodely and won via knockout.

Jake Paul’s boxing matches earned him $40 million between purses and pay-per-view bonuses in 2021 alone.

In October 2022 he achieved a victory over MMA fighter Anderson Silva, earning about $1.5 million from the encounter. In February 2023 he tackled Tommy Fury in a match in Saudi Arabia and lost via split decision. Nonetheless, he claimed to earn $30 million from the match, as it reportedly generated 800,000 pay-per-views.

On August 5, 2023, Jake Paul fought Nate Diaz. Through an extended fight of ten rounds, Paul won via unanimous decision.

The penultimate match before facing Mike Tyson was on March 2, 2024, when he defeated professional boxer Ryan Bourland by TKO in the first round. On July 20, 2024, Paul won against Mike Perry via KO in a fight that substituted the Tyson match due to his health.

Jake Paul’s business endeavors

Like his brother Logan’s business inclinations with Prime, Jake Paul has also decided to engage in business projects.

In fact, the influencer-turned-fighter has decided to try himself in another discipline: male skin care.

@lilyachty

@Jake Paul THIS IS INSANE BRO

♬ original sound – lilyachty

In June, Jake Paul announced he was launching “W,” a skin-care brand targeted toward men. Its products will cost below $10 and will be available at Walmart (NYSE: WMT), and later during the summer on Amazon (NASDAQ: AMZN) as well. “W” is a reference for winning and has been used among millennials, which tells a lot about its target audience. The company will start with three available products: a body wash, antiperspirant deodorant, and body spray, with plans to add a shampoo, face wash, hair gel, and hair conditioner sometime in the future.

If successful, the company could contribute significantly to Jake Paul’s net worth.

How much is Jake Paul worth?

The richest YouTube boxer’s diverse careers and multiple business ventures have supplied him with a noteworthy portfolio. In other words, Jake Paul’s net worth has been sufficient to land him on the list of the wealthiest people in multiple categories, from YouTubers to professional athletes. According to Forbes’ conservative estimate, publicly available data on Jake Paul’s net worth shows a portfolio worth $34.3 million as of September 2023. Conversely, Celebrity Net Worth estimates his portfolio’s value at $80 million as of March 21, 2024.

Apart from his social media content, match fees, and various business ventures, Jake Paul also owns a mansion in Puerto Rico that he bought for $15.75 million. He also owns several sports cars, including a Ferrari, Lamborghini, Rolls Royce, and Tesla. 

Jake Paul’s net worth – the bottom line

Ultimately, Jake Paul’s estimated net worth is somewhere between $34.3 million and $80 million, depending on various sources and Paul’s own claims. However, there is no reliable way of finding out whether the numbers are true. Furthermore, his business ventures are private, so verified information on gains the YouTube fighter gets from those sources cannot be reached.

In light of this, Jake Paul probably has even more value in his portfolio, and we have yet to see whether the duel between him and Mike Tyson lives up to the fame. That said, no matter which boxer wins the fight, both celebrities are going to substantial sums of money.

FAQs about Jake Paul net worth

How much is Jake Paul's current net worth?

Jake Paul’s current net worth is between $34.3 million and $80 million, with the conservative sum put forward by Forbes and the upper one estimated by CelebrityNetWorth.

Will Jake Paul vs. Mike Tyson happen?

Although scheduled for July 20, the highly anticipated match between Jake Paul and Mike Tyson had to be postponed due to ulcer-related health issued faced by the 58-year-old Mike Tyson. The event is now scheduled to happen on November 15, 2024, but it still depends on Mike Tyson’s recovery process.

How much will Mike Tyson earn from his ring bout with Jake Paul?

There are no publicly released data for the size of the purse, but media have estimated the monetary compensation for Mike Tyson will be at a whopping $20 million.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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