Jake Paul, Who Earned His First Million by 19, Challenged One of the Richest Rappers Ever With $500M Fortune: “I want to take my success and replicate it”

Jake Paul, Who Earned His First Million by 19, Challenged One of the Richest Rappers Ever With $500M Fortune
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Professional boxer and social media personality Jake Paul recently won a bout against MMA fighter Nate Diaz. The YouTuber has only lost a single fight in his four-year professional boxing career. Paul won the match against Diaz by a unanimous decision by the judges.

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Jake Paul is not new to success as he quickly rose to fame in his teens along with his brother Logan Paul. The content creator has a current net worth of $60 million and with the recent victory, is only going to increase. But Paul’s dreams seem to be even bigger as he once claimed that he aspired to be the next Dr. Dre.

Also read: Jake Paul, Who Earned His First Million by 19, Challenged One of the Richest Rappers Ever With $500M Fortune: “I want to take my success and replicate it”

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Jake Paul’s Rise To Fame

Jake Paul vs Nate Diaz
Jake Paul vs Nate Diaz

Jake Paul and his older brother Logan Paul gained notoriety for their comedy sketches on Vines. Their account on the now-defunct social media platform had amassed over 5 million followers and had garnered billions of views. Jake Paul was only 16.

He then started his YouTube channel, where he uploaded daily vlogs, pranks, and his music. The creator launched a media company called Team10, which was based in a mansion in LA. The mansion acted as an incubator for aspiring content creators. Paul was at the peak of his popularity in 2016 and 2017 as he was marred by controversies over his content as well as public behavior. 

Since 2018, Jake Paul has been a professional boxer. He has had eight professional bouts, winning in all of them except one. Combining his social media success, his various business ventures as well as his professional boxing career, the content creator has a net worth of $60 million.

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Also read: “Don’t judge me by my wins. Judge me by my losses”: $38M Rich Jake Paul Admits He F**ked Up After Humiliating Loss to Tommy Fury

Jake Paul’s Consistent Controversies

Jake Paul
Jake Paul

Jake Paul came into public scrutiny when his neighbors complained of noise and public nuisance. The mansion was a hub of loud parties and many of Paul’s fans thronged to the home to get a glimpse, since he had made his address public. The creator was heavily criticized for his casual reaction to the complaints and lack of cooperation. 

The content creator was also removed from Disney Channel’s Bizaardvark, where he was a series regular. The series ran for 3 seasons, with Paul starring in the first two. He was also criticized for alleged racist comments and the use of the n-word in his hip-hop songs.

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In 2018, Paul was heavily criticized for his video, ‘I lost my virginity, which features his then-girlfriend Erika Costello. The video came under scrutiny due to its mature subject matter as well as the thumbnail where the couple poses semi-n*de. The content was deemed inappropriate for his younger audience base.

Also read: “Why you gotta be naked though?”: Jake Paul Gets Viciously Humiliated for Trying to Follow Arnold Schwarzenegger’s Footsteps After Being Disowned by Dwayne Johnson

Why Does Jake Paul Want To Be The Next Dr. Dre?

Jake Paul
Jake Paul

Starting his career at the age of 16, Jake Paul quickly built his brand and earned his first million by age 19. He mentioned how he was working with Fortune 500 companies for merchandising deals and touring across the country, which lead him to earn ‘seven figures’. His massive fan-following graduated from Vines to other platforms such as YouTube and Instagram.

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Back when he was 19, the creator told this in an interview with CNBC,

“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”

Also read: Home Alone Star Macaulay Culkin Wants Jake Paul To Get Punched in the Head Repeatedly: “No better way to celebrate my half birthday”

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Jake Paul also mentioned that he also wanted to guide other people in navigating the path to fame on social media. His first venture Team 10 was a step towards that as he set up an incubator to mentor creators with potential. In an interview with Forbes, he said,

“We take people who have a lot of potential and teach them how to make content, produce it, etc. Then we move them into the house and we all collaborate. We’ve taken people with 5,000 followers and they’ve literally had millions of followers in a month.”

He also said that his ideal goal was to be the ‘Dr. Dre of social media. He alluded to the former NWA member and rap star’s career path, where after he gained notoriety, he was responsible for introducing multiple talents to the world, including rappers such as Eminem. He said, “I want to take my success and replicate it with other artists,” in an interview with People magazine.

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With his recent win against Nate Diaz, Jake Paul seems to be well on his path to the level of success that the $500 million worth hip-hop star enjoys.

Source: Nicki Swift

Also read: Sylvester Stallone Called Conor McGregor a Fool for Rejecting $50M Jake Paul Fight Offer: “With that kind of money, He’d be foolish not to”

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Written by Nishanth A

Articles Published: 1149

Nishanth A is a Media, English and Psychology graduate from Bangalore. He is an avid DC fanboy and loves the films of Christopher Nolan. He has published over 1,000 articles on FandomWire. When he's not fixating on the entire filmography of a director, he tries to write and direct films.