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Is Jake Paul Net Worth Affected After He Reportedly Invested A Huge Amount In Cryptocurrency?

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Jake Paul Net Worth

Jake is a professional boxer and social media personality of the United States, who initially rose to prominence on a vine,  and then he played the role of Dirk Mann on the Disney Channel series, which got famous in no time.

He has remained the part of many controversies due to his immoral behavior, such as criminal trespass and unlawful assembly.

Let’s explore how Jake Paul net worth has been accumulated and get into the struggles and hardships while building a career.

An Overview Of His Net Worth

Jake Paul Net Worth

Jake Paul is an actor, comedian, boxer, and social media of the United States, and he is known worldwide because of his skill and determination in his career.

Jake Paul has a $30 million net worth as per the updated report of 2022, which he earns from his professional career. 

The fact is that a famous star typically earns between $20 million and $40 million years, which makes him prominent and one of the highest-paid YouTube stars in the world (before taxes). 

In 2017, he dropped a YouTube music video entitled “It’s Everyday Bro,” which went viral, and he received a lot of media attention.

In addition, he is also known by the name of his younger brother –  Logan Paul, a prominent YouTuber.

Logan Paul is popularly known as an actor, boxer, YouTuber, and internet sensation in the United States. 

Logan Paul has a USD 45 million fortune and has massive followers on youtube. Logan Paul’s YouTube channel has over 23 million subscribers, as per the report.

Undoubtedly, like his brother, he has also earned a name among one of the highest-paid musicians in the world.

According to the report and statement given by his brother, Logan Paul, he was broken financially after investing a considerable amount in cryptocurrencies.

Jake Paul Salaries Highlights 

According to the report, Jake made an estimated net worth of around $11.5 million in 2016, while in the following year, he earned USD 11 million. 

The star earned approximately 21.5 million in the next year, which was fair enough to consider him the world’s second-highest-paid YouTube star.

On the other hand, his brother, Logan, earned USD 12.5 million in 2016, while in the next year, he earned USD 12 million.

After two years, Logan Paul earned USD 14.5 million. Throughout the span of his career, Logan acquired high fame and reputation all over the world.

Jake Paul owned a mansion, and he moved out of his Beverly Grove apartment in 2017, which is a 15,000-square-foot estate in Calabasas, California. It is stated that for the mansion, he paid USD 6.925 million.

It is constructed beautifully and as per modern technique, and the home’s three-story lobby features a spiral staircase, Italian tile, and hardwood and is situated on 3.5 acres at the end of a gated driveway. On the other hand, Floor-to-ceiling picture windows and a fireplace can be seen in the living area.

The fact is that throughout his career, everybody believes, such as Jake’s team, parents, and friends, that he is earning massively from his relentless hard work and determination.

Jake states that a lot of his ambitions have come true in this home, but his next goal is to become the “greatest prizefighter in the world,” which he can’t achieve while residing in Los Angeles.

He stated: “That’s a large shoe to fill, and the only way to step into it is to fully immerse me as a legitimate fighter.”

Talking about LA distractions, in one of the interviews, Jake stated that “Being in Los Angeles, there are so many distractions, there’s so much going on, and it doesn’t really allow me to focus on training.”

He Significantly Lost The Profit On Selling Grandiose Calabasas Mansion Last Year

Jake Paul Significantly Lost The Profit

Even though Jake Paul’s impending boxing battle with UFC veteran Ben Askren is only a few weeks away, his financial situation has already taken a significant hit. 

As per the report, the prominent YouTuber’s long-time property in Calabasas has sold for around USD 6.15 million, which is a massive, but not more than USD 775,000, which Paul spent in 2017 in order to pay taxes, high realtor costs, renovations, and four years of maintenance.

The fact is that the overall loss sum is probably well into the seven figures, and it is unknown who purchased the discount.

In an emotional YouTube video from last December, Paul initially revealed his plans to sell, calling it “one of the hardest decisions he’s ever made.”

The 24-year-old famous young youtuber also disclosed heartedly that he would be leaving Southern California for Miami in order to pursue his dream of being a “real pro fighter,” leaving behind the “distractions” of L.A.’s party scene as well as those annoying FBI raids.

The 15,000 square-foot monstrous beasts of a house, which was constructed in 1990 and had an ambiguous architectural style, is located in a small guard-gated community outside of Calabasas. 

The property has a four-car attached garage and is thankfully hidden from its neighbors by a long driveway and a motor court the size of a parking lot, and the front yard’s landscaping has few palm trees and a sizable area of grassy lawn.

The bulbous and numerous-columned manor’s interior entrance leads to a sizable lobby with a magnificent staircase.

The double-height living room offers neo-Palladian windows and connects to a second living room with a fireplace and more neo-Palladian windows. 

There’s also a third living room — or maybe it’s a family room — with a coffered ceiling and built-in shelving, plus French doors opening to a terrace.

The suitably vast kitchen is blessed with top-of-the-line stainless appliances; both the adjoining breakfast room and formal dining room have French door access to al fresco dining patios. Also downstairs is a movie theater, a gym, and guest quarters.

On the upper level, the octagonal master bedroom opens to a private balcony with sweeping views of the rugged hills that surround Calabasas. 

The Paul brothers almost have followed the same career path, and so they live together and earn massively at a young age.