Jake Paul, the 19-year old Vine star, had a great first half of 2017. Aside from being cast as a character on Disney Channel’s show, Bizaardvark, he was in several films, and he even started hitting the celebrity social scene.
But things are starting to turn around. After a rash of terrible publicity, he has been canned from his Disney Channel TV show, and he’s had additional setbacks as well. Not to mention, Jake Paul was at the center of a major controversy and showdown with a rival, Faze Banks. In addition, it appears that Jake Paul’s ex-girlfriend, Alissa Violet, was also involved in this controversy.
On his newfound fame, Jake Paul told the New York Times:
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“I know it’s a cliche, but like, literally, I want to create an empire of dozens of talents under me , to take my power and multiply it, so that I become bigger than myself.”
On his keen sense of entrepreneurship, Jake Paul has said:
“A lot of [influencers] are lazy. They’re cool with a nice car, or some money in the bank or being able to get in the backdoor at 1Oak or something…“If you look at the biggest people on social media right now, it’s the Kardashians. My goal is to form a crew that’s bigger than them collectively. It might take us five years, but we’ll get there…“To be the best, you’ve got to beat the best. I’ve been making videos for the past ten years, so if someone wants to knock me off, they’d better bring it.”
So what is Jake Paul net worth?
Jake Paul’s Career Growth
Jake Paul was born in Cleveland and grew up in Ohio. Paul, unlike many celebrities, actually has pretty humble beginnings. His mother was a nurse and his father, a realtor.
Jake Paul started making videos after his brother, another Vine star named Logan Paul, developed a following online. Both brothers are widely followed on social media, with Jake having almost 1,000,000 followers on Twitter, and 5,000,000 on Facebook. He now uses that fame to promote products and businesses. Additionally, Jake Paul has amassed a YouTube subscriber base of almost 12,000,000 subscribers.
He recently spoke to CNBC, and said this:
As you get more and more popular and start to build a brand name for yourself in the space, you start working with big Fortune 500 companies, merchandising deals, you can tour. There are lots of ways to monetize. But if you have millions of fans, and you can convert even five percent of them to pay for something of yours, you are in the seven-figure range.
How Does Jake Paul Make Money?
Jake Paul has developed deals with businesses to promote products and services. He has also been selling his own products.
Paul utilizes his large social media following (his videos have been viewed several billion times) to convert into making money. He says that given the size of his following, if he converts only a small number of people, he will make a lot of money.
Jake Paul’s main them on his YouTube page is to pull a number of stunts which entertain his many followers. As an example, earlier this year when Jake Paul attended an event at the White House on social media, he pulled a prank in which he hid in a bathroom in the White House, before sneaking out later on in the night without being found by security.
He also earned a large salary money for his Disney Channel TV show, Bizaardvark. However, that has since ended, causing his net worth to take a hit.
Jake Paul Net Worth
So what is Jake Paul worth? First, let’s remember Jake Paul’s social media following. As indicated above, Jake Paul has a major following, not only on YouTube, but also Twitter and Instagram. Second, Jake Paul has put together a group of people called “Team Ten,” each of whom have a talent that they showcase across the country. In fact, Team Ten actually goes on tours and does have a tendency to sell out shows. Additionally, earlier this year, Jake Paul completed a round of financing for Team 10 with revenue coming from influencer marketing management for teen entertainment.
Third, Jake Paul has had roles in shows and movies. For example, he’s been on the debut season of the hit Disney TV show, “Bizaardvark.”
On Jake Paul’s controversial firing from Disney, Disney has said:
“We’ve mutually agreed that Jake Paul will leave his role on the Disney Channel series ‘Bizaardvark’.
Additionally, Jake Paul has been extremely successful with his merchandising. In fact, if you search for Jake Paul on Google, his merchandising store on Fanjoy comes up right away and it’s clear that sales have been good given the range of items available.
Finally, Jake Paul has recently begun to rap and it appears the video for his song, “It’s Everyday Bro” has actually become one of his most popular videos.
According to the New York Times, even Jake Paul has been surprised by his level of success and popularity.
Now, Paul has been making over $100,000 for a while. However, he only recently crossed the 7-figure revenue range. Given the size of his social media following as compared to larger social media stars such as Lily Singh, whose net worth has been well publicized, we estimate that his total net worth is between $3 and $4 million.
Still, it appears that Jake Paul will not be happy until he’s a billionaire.