Jake Paul’s net worth has funded lavish lifestyle including $7m mansion

Jake Paul may be hitting the headlines as a professional boxer – but he made his fortune a long way from the ring.

The 24-year-old takes on Ben Askren tonight in his third fight as he bids to become the new face of the sport.

But he is still known to most of his fans as a social media star who launched his career on Vine and who shot to fame on YouTube.

The younger brother of Logan Paul, Jake began posting videos on Vine when he was 16 but transitioned to YouTube following a stint on the Disney Channel sitcom Bizaardvark.

Paul was fired from the show following a string of controversies surrounding his infamous house parties.

But his social media channels went from strength to strength and Paul now has more than 20 million subscribers on YouTube and more than six billion views.

He has amassed a fortune of almost $20million with much of that coming from his social media career, although his boxing venture is also paying dividends.

He is believed to have earned as much as $10m from his second fight – a second-round KO of former NBA star Nate Robinson.

And Paul will hope to earn at least that sum again from his clash with former UFC fighter Askren.

Paul appears to have spent his enormous wealth on property and fast cars having lived in a $7m mansion in California until earlier this year.

The huge property had eight bedrooms, a swimming pool and a 26-car garage and Paul claimed leaving was "one of the hardest decisions I've ever made."

He eventually sold the house, which was home to a team of influencers, for just over $6m and moved to Miami where he is now based.

And he explained: "Being in Los Angeles, there's so many distractions, there's so much going on, and it doesn't really allow me to focus on training.

"Los Angeles has all the parties, all the madness, and it’s too much to be around because I’m the type of guy whose attracted to that chaos.

"And for me, if I want to be one of the top prize fighters in the world, which is my goal, then being here just isn’t the move."

Paul's car collection is even more impressive and includes a £165,000 Lamborghini and a custom-made Tesla, as well as a Rolls-Royce Phantom.

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