(Last Updated On: March 2, 2021)
Jake Paul Net Worth -$45 Million
Jake Paul is an internet personality from Los Angeles who first got famous on the 6-second video app called Vine where he had accumulated over 5 million followers. He was born in Ohio. He has an estimated net worth of $45 million. He now runs his own YouTube channel where he uploads his vlogs about his day to day activities. Outside of YouTube, he is an actor. He was cast as Dirk on Disney Channel’s Bizaardvark and also starred in YouTube Red Original movie Dance Camp. He has earned the nickname “One Take Take” since he able to do hard scenes in just one take.
How Much Money Does Jake Paul Earn On YouTube?
The channel has over 20 million subscribers as of 2021 growing at the rate of 5,000 new subs daily and has accumulated over 7.2 billion views so far. In a day, it is able to get an average of 950,000 views per day. This should be able to generate an estimated revenue of around $7,500 per day ($2.7 million a year) from advertisements that run on the videos.
YouTube content creators based in the US, UK, Canada and Australia generally get paid $2 – $12 per 1000 monetized views after YouTube takes its cut. Monetized views usually range from 40% – 80% of the total views. All these are influenced by several factors like the device played on, time of the year, the location of the viewer, ad inventory, how many ads there are on a video, how many people skip the ads, type of advertisement, ad engagement, type of content, etc. The cost of an ad view is based on an auction between advertisers based on views. Advertisers have to bid a minimum of $0.01 per view.
There is also a program known as Google Preferred where deep-pocketed companies can target ads on the top 5% most popular content. The ad rates here are higher than normal. Apart from ads, YouTubers also generate extra from YouTube Red viewers who pay a monthly fee to view premium content on YouTube plus watch videos without ads. Here they get paid based on watch time on their videos. The longer the viewers watch their videos, the more money they earn.
Jake has made extra income from sponsored posts on his Vine account before Vine shut down. Currently, he does sponsored posts on his Instagram account working with companies like MVMT Watches etc. He also made more from his acting career on Disney plus he was able to raise over $1 million for his company at the age of 19. The company is called Team 10 which mainly deals with influencer marketing management and creative agency around teen entertainment. Some of the investors include Sound Ventures & A Grade Investments, Danhua Capital, Horizon Alpha, Vayner Capital, Adam Zeplain etc. He has also authored a book called You Gotta Want It which sold very well.
From Team 10, Jake Paul makes 30% of what each member of the company brings in from outside deals and YouTube revenue. He also sells large volumes of merchandise to his fans and apart from that he is also part-owner of the merchandising company known as Fanjoy.
Jake started focusing on his boxing career as from 2019 and this has been a lucrative venture evidenced by the many high profile boxing matches he had lined up.