Join our Waitlist for Expert Advice!

Jake Paul Reportedly Earned Sky-High Amount for Fight: 'When You Get 10% Closer to Becoming a Billionaire' The 4-0 boxer won in a split decision victory on Sunday against former UFC champion Tyron Woodley.

By Emily Rella

Opinions expressed by Entrepreneur contributors are their own.

Jason Miller | Getty Images

If there's anything that today's internet influencers know how to do and do well, its monetizing off of every opportunity.

One great example is controversial YouTuber Jake Paul, whose net worth is currently around $30 million, according to sources.

Paul's latest endeavor, a foray into the world of professional boxing with an impressive 4-0 record, has helped boost these numbers, especially after Sunday's big victory against former UFC champion Tyron Woodley.

Paul, who won the fight by split decision after an exciting 8 rounds, reportedly took home $1 million of the $1.5 million purse, pre SportingFree.

Related: Mayweather, Paul Reportedly Took Home an Unfathomable Amount of Money After Exhibition Fight

Both Woodley and Paul will bring in a hefty lump of cash from PPV shares, which is expected to bring Paul another $1 million, giving him a grand total of around $2 million in earnings for the fight.

Woodley, by the same calculations, was set to take in $1 million on combination of the $500,000 from the initial purse and another $500,000 from PPV shares.

"When you get 10% closer to becoming a billionaire," Paul posted to his Instagram stories in a post-fight selfie video. Whether Paul meant that his net worth has now reached $100 million or whether he believes $1 million is 10% of a billion was unclear.

Jake Paul via Instagram Stories

Paul's victory over MMA fighter Ben Askren this past spring earned Paul just shy of $700,000 according to reports.

The purse nor the final PPV share revenue have been officially confirmed.

However, the 24-year-old will not be taking home 100% of his earnings due to a self-declared pledge to take a cut and redistribute a portion of his earnings to other fighters, namely Amanda Serrano, Yamileth Mercado, Ivan Baranchyk, Tommy Fury and even Woodley himself.

Paul says he did so to ensure that the fighters would have career-high purse payouts.

"Everyone on the card is getting the biggest pay-day that they've ever had as a fighter and that's just part of my movement," he told Mirror Fighting. "These fighters deserve more and I want everyone to be excited and I want everyone to know that we as fighters should take care of each other."

Paul's older brother has also taken his chances in the ring this year, making headlines when he took on undefeated five-division world champion Floyd Mayweather Jr. in an exhibition fight which ended with no official result.

Paul reportedly took home around $20 million for the July fight.

Related: Jake Paul Was Living in a 'Fantasy World' as an Influencer in LA

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

You Have One Month Left to Buy a House, According to Barbara Corcoran. Here's Why.

"If you are planning on waiting a year and seeing where interest rates go, you are out of your mind," Corcoran said.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business Solutions

Cut Costs, Not Features with This Microsoft Bundle Deal

You get Office, Windows, Project, and Visio for $72.

Side Hustle

I Made $14,000 in 1 Week With a Spontaneous Halloween Costume Side Hustle — Here's How

Sabba Keynejad was in art school when he started to refine his entrepreneurial skills.

Business News

Meta Fires Employee Making $400,000 Per Year Over a $25 Meal Voucher Issue

Other staff members were fired for the same reason, per a new report.

Business News

This New Restaurant Is Banking on One Dish — Because It's the Only Entrée on the Menu

The new hotspot is gaining buzz on social media for its innovative yet super simple concept.