How rich is the YouTuber and actor Jake Paul and what is his net worth in 2020? Jake Paul is a famous YouTuber who falls under the category of Top 10 richest YouTubers of 2020. This 23-year-old social media personality is not only a YouTube star but also an actor, singer, and entrepreneur.
He is the younger brother of Logan Paul who is also an even more popular YouTuber. Jake has been in limelight these days because he has released a new music video on YouTube titled “Fresh Outta London” just a week ago.
He is also a subject of controversies recently as FBI agents executed a search warrant at his Calabasas mansion on 5th August 2020. Swat team entered the property because of video footage in the local news that showed agents gathering rifles in the property which looks similar to the ones often shown in the recent YouTube videos of Jake Paul. No arrests have been made, and it appears that Jake is innocent with no illegal weapons or money.
But such controversy has led us to wonder how rich is Jake. He sure appears very wealthy considering his lifestyle but what is his source for such amount of money.
If you are also wondering the same, then this article is for you because we have mentioned everything about the Net Worth of this popular social media star.
What is Jake Paul’s Net Worth in 2020?
Born in 1997 in Cleveland, Ohio, this American Social media personality, Actor, Entrepreneur, Musician, and Professional Boxer has sure earned a lot as he has been active since 2013.
This 23 years old young man, Jake Paul has an estimated net worth of around $30 million. However, this is just an approximate value and in reality, he must have even more than that.
Here is a further breakdown of his sources of income.
Earnings From YouTube
Jake started his career in September 2013 through a popular video-sharing app at that time called Vine. He and his brother rose to fame through that platform but since Vine got shut down, they started making vlogs on YouTube on a daily basis.
Jake became popular on YouTube in no time. He also broke several records and one of them was gaining 5 million subscribers within 6 months. As of August 2020, Jake has been able to acquire more than 20.2 million subscribers on his YouTube channel.
His videos also have a total of around 7 billion views. Such an insane amount of views and subscribers is sure the reason for his major source of income. YouTube pays around $2-$5 per 1000 views so even with the minimum amount, he ends up with above $13 million. And if we take average then around $25 million.
Earnings From Merch
Because of his fame through YouTube, he sells lots of his merchandise clothing. In one of the episodes of his brother Logan’s podcast called “Impaulsive”, he revealed that he had sold more than $30 million worth of Merch just in the last few years. So that is another huge source of income for Jake.
He sells them through a website called Fanjoy which simplifies the selling, shipping, and producing process of Merch. The Fanjoy website is also built and managed by him with some partners.
Apart from his Merch, he also has a clothing company under the brand name RNBO.
Earnings From Team 10
Jake is the founder of a talent agency called Team 10. He founded it in 2015 to recruit talent on social media platforms. Team 10 specializes in digital content creation, creative strategies, etc. The agency takes around 20% off the earnings from its content creators, so that makes for the founder Paul another source of money.
Jake Paul and His Professional Boxing Career
Jake and his brother Logan got into boxing back in 2018 and he won five rounds TKO against Deji. For that fight, he must have made something around six figures.
He has fought a few more times and is still involved in Boxing.
For each fight, he must be paid around a million dollars. So, it is just extra earning for him.
How Much Is Jake Earning As A Disney Actor?
Jake Paul was starred as a regular in a Disney series called “Bizaardvark” back in 2016. He left the show after two and a half years in 2018.
It is not revealed how much he was paid per episode, but let’s face it, it was “the Disney”. So, obviously the pay must have been pretty decent.
Jake Paul’s Assets: Cars, House, and more
Jake Paul has a huge mansion in Calabasas, California and its value must be up to $7 million.
He also drives decent cars. He recently got his hands on Tesla Model X. He also has several luxury car collections including Lamborghini, The Cool Bus, and many more.