The constant development of new technologies is opening new opportunities for people in terms of methods of making money. There is now a rise in people becoming celebrities via the Internet. The perfect example of this is Jake Paul who was an Internet sensation before he also became an actor. This YouTuber has been so successful in his career that it is now estimated that he has a personal net worth of $8 million. Here is how Jake Paul became so rich.
Jake Paul was born on January 17, 1997, in Cleveland, Ohio. His older brother, Logan Paul, is also a YouTuber and their parents are Pamela Ann Stepnik and Gregory Allan Paul. Jake followed in his brother footsteps and first began posting videos on Vine in September 2013 when he was just 16. Unfortunately, Vince shut down but he had built himself a huge following. By the time the app closed, he had 2 billion plays and 5.3 million followers.
Instead, he switched to YouTube to continue posting videos on the JakePaulProductions channel on the site. His success on this website reflected his earlier success on Vine and he currently has over 13 million subscribers and his videos have had more than three billion views. His videos show various aspects of his life and often have pranks or comedy sections. He is also known to showcase his musical talents on his channel. A combination of views and online brand endorsements has earned him a substantial amount of money.
The attention that Jake Paul had attracted to himself by becoming an Internet personality led to him getting work as an actor. It was announced in 2015 that Jake Paul would take on the role of Dirk in the Disney Channel’s Bizaardvark.
Unfortunately, during filming for the second season of the series, a KTLA 5 news report revealed that Jake Paul’s antics were upsetting his neighbors and he had received many complaints about inappropriate behavior and noise levels. Shortly afterward, the Disney Channel released a statement thanking Jake Paul for his work on ‘Bizaardvark’ and wishing him well in the future but stating that they were parting ways. Paul later confirmed that he was fired from the show as a result of the news report and he was going to focus on his own brand.
‘Bizaardvark’ was not the only acting job that Jake Paul has had. In television, he played the role of Conrad in ‘The Monroes’ in 2016. In the same year, he appeared as himself as a guest on ‘Walk the Plank’ and as a special guest model on ‘The Price is Right’ the following year. Paul also had some small film roles in 2016, including Lance in ‘Dance Camp’, Dugan in ‘Mono’, and himself in ‘Airplane Mode’. For each of these film and television appearances, he has earned money that has contributed to his overall net worth.
In 2017, Jake Paul decided to focus all his efforts on his social media activities. He began the year with a visit to the White House as one of the guests at an event centered around social media. He used the occasion to play a prank that he later posted on his vlog. He hid in a bathroom and then sneaked out in the early hours of the morning, unconfronted by security staff.
Later in January 2017, Jake Paul launched Team 10, which is an influencer marketing management and creative agency that focuses on teen entertainment. He used $1 million in financing to launch this. Some of the investors in this business venture included Vayner Capital, Danhua Capital, Adam Zeplain, Horizons Alpha, and Sound Ventures & A-Grade Investments.
One of Paul’s projects with Team 10 was to release a song and music video on May 30, 2017, titled ‘It’s Everyday Bro’. This was both a success and a failure. While it reached number 94 on the Billboard Hot 100 and received 70 million views, it was also voted the third most disliked video on YouTube.
Jake Paul is now enjoying the $8 million of wealth he made through his work in various aspects of the media industries. Along with his collaborators, he has rented a $17,00 a month mansion in Beverley Grove, Los Angeles, since July 2017. It was also reported in November 2017 that he had bought a new property in Calabasas, California.