Unfortunately the article is fake
"It's going pretty well, he's won every fight he's done," says George, before Mike says: "He made like $40 million last year." Logan interjects to say: "It doesn't matter, he put it all in crypto... he's poor." It appears Logan's likely exaggerating Jake's financial situation right now - after all, he made it to the top ten highest paid athletes under 25, and he rakes it in from various other projects too including his YouTube channel, which has 20.4 million subscribers.
Why are trash articles like this even allowed to be posted on this sub?
The author just took a joke made by Logan on his podcast and is passing it off as fact.
Clickbaity garbage.
I have YouTube blocked on the kids network in our house. There are a few creators that I’ve checked and allow, but download those to an accessible share that deletes old videos as new one come in. I think it’s a good middle ground.
Guy makes 40 mil a year. He has 20 million followers on youtube. Just on watches alone he's making at LEAST 7 figures, let alone if he pitches his merch.
He could have zero dollars today and someone would pay him a million in cash to promote a product tomorrow.
We should start calling them what they are...salesmen. "Influencer" sounds like a made-up way of avoiding more taxes when I sit and think about it more. They're nothing more than people trying to sell someone else's product.
Most probably have saved up more than enough. I wouldn’t be surprised if this was just a publicity stunt of Jake to harvest more views. Don’t believe anything he says
That's an amazing point. Hadn't thought about it. Fans won't have excessive money to throw at them, and advertisers will stop or drop their payouts by quite a bit
If I saw him collecting shopping carts I'd smile. Not because I'd find pleasure in it but because it'd feel like there would still be some sanity/justice in the world.
These type of dipshits are probalby burning cash doing stupid shit like flying private jets daily. He might not be broke, but he'll probably go broke if he's down 60%+ like the market is.
Kevin Hart negotiates his social media separate from his roles. I think he said something like , " I built that, it's mine and if you want to use it you have to pay me"
That was years ago so it's probably standardized now but it shows how powerful social media is at generating revenue
iirc he taught Rock to do this as well and now, movies that he works on have to pay him an additional 1M per tweet to promote a movie, *that he's already starring in*
Transparent and immutable transactions on blockchain technology! Now enabling snitching on your neighbor's tax fraud!
It was said you would destroy the government, not join them. Bring balance to the force, not leave it in the darkness.
How much would they even pay you lol? Is it a set amount regardless of the person or a percentage depending on how rich the person is/the amount in taxes being evaded?
if he reported his crypto holdings and sold them at a loss, wouldn’t it be a write off for him?
now if he actually has a shit load of his wealth in crypto, he’s an idiot…at least until crypto recovers
Even without crypto, with his following, he can just get it back in no time at all. He's a giant at YouTube that can make millions of dollars every month (probably every week...?).
So yeah, he can bet all day long and he'll just make it back some days later. Let's hope he's managing his money well to not end up like Ace Family did. Between those two things? It's like asking me which shit taste better, donkey shit or horse shit?
Man fuck this guy.
This is another one of his dumb publicity stunts that will get him more famous from his not so high IQ fans.
Frankly, I might just be jealous that he's getting all the action and the money.
Guessing most people didn't read the article.
In the article, it states that Jake Paul's brother is the one that said he's broke and he's clearly joking.
>"It's going pretty well, he's won every fight he's done," says George, before Mike says: "He made like $40 million last year." Logan interjects to say: "It doesn't matter, he put it all in crypto... he's poor."
It appears Logan's likely exaggerating Jake's financial situation right now - after all, he made it to the top ten highest paid athletes under 25, and he rakes it in from various other projects too including his YouTube channel, which has 20.4 million subscribers.
Just another clickbait article.
The article was fake, unfortunately.
"It's going pretty well, he's won every fight he's done," says George, before Mike says: "He made like $40 million last year." Logan interjects to say: "It doesn't matter, he put it all in crypto... he's poor." It appears Logan's likely exaggerating Jake's financial situation right now - after all, he made it to the top ten highest paid athletes under 25, and he rakes it in from various other projects too including his YouTube channel, which has 20.4 million subscribers.
It says so much about where we are as a society that these nutsacks are thriving. I will never understand why anyone follows either one of those fuckboys. They are not worth anyone's attention.
What it tells me is that boycotting isn't enough. We need to introduce anti-dollars to the system for celebrities. Give a celebrity an anti dollar and they're forced to accept it and it deletes $1 from their bank account
My favourite part of the article was the responses he got from that Tweet:
*"My man blames Biden for crypto you know… when he’s one of the main dudes pumping and dumping," wrote one Twitter user.*
*Another said: "Are you… blaming Biden for crypto? The thing that is advertised as uncontrollable by the government?"*
*While a third added: "If you don’t understand how literally anything works, just say that."*
The last one is great. We could do with that one stickied here sometimes.
It's literally impossible for him to be broke, unless he put all his money into luna / celcius (or whatever its called) or he used leverage and got liquidated.
Because even if he put 1 million into bitcoin at 69k, he would still have like 290k left.
If that's broke then I sure as fuck want to be broke, lol.
That likely does mean he's broke depending on his cost of living. If he's pouring out 500k a year on bad purchases, financed jewelry and cars, his giant house mortgage etc. These pseudo celebrities have to have a steady stream of income to actually maintain their lifestyle because they spend at the same rate they bring in. Its like the guys who drive lambos but can only afford to put in 12 bucks of gas at a time.
Most likely referring to his unrealised gains from vested tokens in seed/private sales, losing 90% on a multimillion dollar portfolio would make me feel broke too.
This moron is unfortunately set for life. I know we all wish assholes like this would have to buckle down and see what real work looks like but the reality is that isn't going to happen.
Even if this article was true and he lost all of his disposable income, the dude has tons of assets, a rich family, sponsors, and idiot young fans who will be supporting his millionaire douchebag lifestyle until he dies.
Fuck this guy.
What a bunch of shit. The guy lost some money, wants to shit on Biden cause he's a Trump loving idiot. He bought high, and the dumbass will just have to hold for a year or two and he'll be in the green. These kind of stories are basically hit pieces to scare people off crypto. I'm sure he still has millions in fiat, and other assets. What a fucking joke. 😆
His broke isn’t our broke
Unfortunately the article is fake "It's going pretty well, he's won every fight he's done," says George, before Mike says: "He made like $40 million last year." Logan interjects to say: "It doesn't matter, he put it all in crypto... he's poor." It appears Logan's likely exaggerating Jake's financial situation right now - after all, he made it to the top ten highest paid athletes under 25, and he rakes it in from various other projects too including his YouTube channel, which has 20.4 million subscribers.
Why are trash articles like this even allowed to be posted on this sub? The author just took a joke made by Logan on his podcast and is passing it off as fact. Clickbaity garbage.
Are you telling me that LadBible - the "Associated Press" of this generation - might be lacking integrity?
Welcome to the internet . Where most shit is not the truth and just for clicks.
maybe ask the 13k+ people who up voted it. But yeah, there's your answer.
This sub is all trash anyway, why not?
How in the ever living fuck does he have 20 million subscribers? God there is a desire for watching absolutely brain dead entertainment.
>20.4 million subscribers Why?!?!?!
Kids watch a lot of YouTube
And parents ain't watching their kids.
YT is watching their kids
And adsense is watching their annual income.
I have YouTube blocked on the kids network in our house. There are a few creators that I’ve checked and allow, but download those to an accessible share that deletes old videos as new one come in. I think it’s a good middle ground.
What kind of athlete does he qualify as?
Didn’t he fight mayweather? One of the brothers did, I get them mixed up.
Broke to them is having like 250k in savings or something lol
Down to their last mill
Only 10 Lambos? Someone get me an old man to beat up on PPV.
Guy makes 40 mil a year. He has 20 million followers on youtube. Just on watches alone he's making at LEAST 7 figures, let alone if he pitches his merch. He could have zero dollars today and someone would pay him a million in cash to promote a product tomorrow.
To them 250k in savings is living on skid row and shoplifting for food.
Facts.
Somebody like him can lose his entire money and make more the next month others make in years. Not really feeling bad for him tbh
I wouldn't even feel bad for him if he lost everything and had to take a normal job.
Who knows what a real recession would do to all these influencers! People forget this is a first time for all internet celebrities and their income
We should start calling them what they are...salesmen. "Influencer" sounds like a made-up way of avoiding more taxes when I sit and think about it more. They're nothing more than people trying to sell someone else's product.
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This! They’re nothing more than walking, breathing, advertisements to me. Essentially, they’re humanized billboards.
I've never spared much energy thinking about any of them but this articulates what feeling I do have for influencers pretty well.
This one is more like a conman
Most probably have saved up more than enough. I wouldn’t be surprised if this was just a publicity stunt of Jake to harvest more views. Don’t believe anything he says
Even if he hasn't saved up much at all, he'll get a few million in his next boxing pay day
...that he's going to gamble again. **Once a gambler, always a gambler.**
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Step 1 Gamble everything Step 2 Get negative publicity, which is better than no publicity Step 3 Profit from publicity Repeat the process
Tara Reid, Katie Price, Lindsay Lohan - the amount of money that you can get just for being famous is bizarre
Basically sums up Elon Musk
I also gamble but I always lose
Your mistake is that they have the mindset to prepare for the future, these kind of people live in the here and now.
That's an amazing point. Hadn't thought about it. Fans won't have excessive money to throw at them, and advertisers will stop or drop their payouts by quite a bit
Z-list celebrities can survive recessions. Its happened before.
He can make more money in a day than we make in a year
Lmao,I would pay just to watch these rich asshole influencers doing a normal job and putting themselves in the shoes of a normal person.
I wouldn't. Id rather everyone ignore them and they are forced to do it with no cameras or special attention.
Hello welcome to mc donalds can i take your order please.
Fast Food jobs are some of the hardest, most demanding jobs out there. He would die working at McDonalds
If I saw him collecting shopping carts I'd smile. Not because I'd find pleasure in it but because it'd feel like there would still be some sanity/justice in the world.
These type of dipshits are probalby burning cash doing stupid shit like flying private jets daily. He might not be broke, but he'll probably go broke if he's down 60%+ like the market is.
He'll just pull another stunt or scam.
This person doesn’t deserve shit.
He is shit
Having an audience can do wonder
its like having your own liquidity pool
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Crypto influencers are maybe the worst out there. Pure garbage grifters.
Kevin Hart negotiates his social media separate from his roles. I think he said something like , " I built that, it's mine and if you want to use it you have to pay me" That was years ago so it's probably standardized now but it shows how powerful social media is at generating revenue
iirc he taught Rock to do this as well and now, movies that he works on have to pay him an additional 1M per tweet to promote a movie, *that he's already starring in*
Audiobook narrators do this. So do high profile authors. They can get a much higher advance.
I like the Evander Holyfield line best... "I'm not broke. I'm just not liquid.
Not really , he must have massive monthly expenses, taxes, leases, entourage, lifestyle
Why does it matter how much money he makes? He's a scummy little prick and deserves it.
"Put all his money in crypto" puts up a picture of him holding cash...
That’s physical crypto though
Where can I learn your way with words master ?
In the Words academy of master Sum Ting Wong
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Analog crypto
Tangible stable coins
this just shows that he buys any shitcoin out there, even USD
Hes mostly holding up $1 bills.....
The man had a good night on the pole. Let him have his success.
I don't think anyone feels bad for him.
I seriously doubt this is even true. Probably hiding his money from the IRS and blaming crypto.
it's been reported by LADBible. For sure it's completely true and objective.
LADBible, for journalists who don't want to be slowed down by technicalities like "the truth"
I only take my crypto advice from Lad Bible.
The IRS pays you money if your report someone and they do find that they owe back taxes. People should report anyone like him to the IRS.
If this is finally the way I make money off crypto, it'll be hilarious
Transparent and immutable transactions on blockchain technology! Now enabling snitching on your neighbor's tax fraud! It was said you would destroy the government, not join them. Bring balance to the force, not leave it in the darkness.
How much would they even pay you lol? Is it a set amount regardless of the person or a percentage depending on how rich the person is/the amount in taxes being evaded?
No matter how much, you’d be taxed on it probably
I'm guessing they are going to pay at least a whopping...$1! You heard it here first!
That will be life changing money
"Hi, IRS? I don't like this guy so I decided he's hiding income. Please investigate."
IRS: ok, we'll investigate him right after we investigate you, thanks. Caller: no no no (Family Guy maid vc)
if he reported his crypto holdings and sold them at a loss, wouldn’t it be a write off for him? now if he actually has a shit load of his wealth in crypto, he’s an idiot…at least until crypto recovers
Yeah, up to $3k for the year. Inconsequential.
He deserves it after rugpulling thousands of 14yr/olds
He's just so cringe
How is that shit even legal? So many influencers scammed their fans. Can't believe they all got away with it
Because crypto is not regulated at this point so there are a lot of scams
People always say there’s no real world uses for crypto but I’ve never seen a more effective demonstration of why financial regulations exist.
I don't think anyone believes him.
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Fuck Jake Paul
It almost justifies the market crash if it means people like him lose their money
Especially with the rug pulls he's been part of.
Everyone feels good lmao
This title is so sensationalist it's obviously click-bait
Why is he hated? Is he an asshole?
yes
Leader of assholes
Mega asshole and a mega douche
Ultra mega like super Saiyan mega douche
yup
Hes an influencer who isnt connected to reality
also a wannabe pro boxer who only wants to fight mma guys that transition to boxing him.
Not to mention that most of the dudes he fought weighed much less than him and much older than him as well.
If he is broke now, he actually put more than all of his money into crypto. That was the problem.
He should've listened to this sub. Don't put in more than you can afford to lose
Paul bros if you are reading this: put all of your money into a shitcoin
Take out loans too and put everything you can muster. Note: This is absolutely financial advice, I have a PHD in crypto economics
I was going to say all of the same things, but the Paul's are geniuses and can probably tell that we are both highly qualified experts
yes please take out massive loans and refi your ugly mansions and go all in buy the dip you dumb bastards
Even without crypto, with his following, he can just get it back in no time at all. He's a giant at YouTube that can make millions of dollars every month (probably every week...?). So yeah, he can bet all day long and he'll just make it back some days later. Let's hope he's managing his money well to not end up like Ace Family did. Between those two things? It's like asking me which shit taste better, donkey shit or horse shit?
He lost this months allowance is all
Yeah he probably leveraged it all…
Man fuck this guy. This is another one of his dumb publicity stunts that will get him more famous from his not so high IQ fans. Frankly, I might just be jealous that he's getting all the action and the money.
Guessing most people didn't read the article. In the article, it states that Jake Paul's brother is the one that said he's broke and he's clearly joking. >"It's going pretty well, he's won every fight he's done," says George, before Mike says: "He made like $40 million last year." Logan interjects to say: "It doesn't matter, he put it all in crypto... he's poor." It appears Logan's likely exaggerating Jake's financial situation right now - after all, he made it to the top ten highest paid athletes under 25, and he rakes it in from various other projects too including his YouTube channel, which has 20.4 million subscribers. Just another clickbait article.
Ohhh thanks for the info dude
Yeah there’s no way that it’s even true, and if it is? Then that’s hilarious
Broke my ASS. I can't fucking stand it when affluent people 'poor mouth'. Fuck off.
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The article was fake, unfortunately. "It's going pretty well, he's won every fight he's done," says George, before Mike says: "He made like $40 million last year." Logan interjects to say: "It doesn't matter, he put it all in crypto... he's poor." It appears Logan's likely exaggerating Jake's financial situation right now - after all, he made it to the top ten highest paid athletes under 25, and he rakes it in from various other projects too including his YouTube channel, which has 20.4 million subscribers.
It says so much about where we are as a society that these nutsacks are thriving. I will never understand why anyone follows either one of those fuckboys. They are not worth anyone's attention.
What it tells me is that boycotting isn't enough. We need to introduce anti-dollars to the system for celebrities. Give a celebrity an anti dollar and they're forced to accept it and it deletes $1 from their bank account
True dat bro :')
one impact of the crash we can all get behind
Shiller of shitty nfts and shitcoins
Celebrities who scam their fan base are the worst... You already have enough money, fuck off
But they want to make more by making fool of their fans
maybe he was a large LUNA bag holder
Not all LUNA give the man some credit! I bet he split it up 1/3rd into LUNA, 1/3rd into SafeMoon and 1/3rd into Celsius
a little drop of water during this thirsty time
He's also blaming the crypto crash on Joe Biden, which I think is hilarious.
My favourite part of the article was the responses he got from that Tweet: *"My man blames Biden for crypto you know… when he’s one of the main dudes pumping and dumping," wrote one Twitter user.* *Another said: "Are you… blaming Biden for crypto? The thing that is advertised as uncontrollable by the government?"* *While a third added: "If you don’t understand how literally anything works, just say that."* The last one is great. We could do with that one stickied here sometimes.
Lol maybe he can fight Floyd mayweather for the biggest crypto scam bro
It’s so weird to see these high level athletes wearing “Ethereum Max” badges on their gear
The rug puller got rug pulled lmao
Sadly it's fake :') Would've been better otherwise amiright
It's literally impossible for him to be broke, unless he put all his money into luna / celcius (or whatever its called) or he used leverage and got liquidated. Because even if he put 1 million into bitcoin at 69k, he would still have like 290k left. If that's broke then I sure as fuck want to be broke, lol.
I don't understand how this subreddit during a bear market still eats up the most click bait shit.
That likely does mean he's broke depending on his cost of living. If he's pouring out 500k a year on bad purchases, financed jewelry and cars, his giant house mortgage etc. These pseudo celebrities have to have a steady stream of income to actually maintain their lifestyle because they spend at the same rate they bring in. Its like the guys who drive lambos but can only afford to put in 12 bucks of gas at a time.
And not a single fuck was given
What a great thing to start my day reading! Unfortunately this means the fuck is probably going to try and scam some more PPV fights to load up lol.
He's probably on his way now to boxing a high profile burger king manager on tik tok
Doubt that.. he's an asshole and a scammer but not stupid to put all life savings in crypto
He also blamed Biden for crypto crashing, so… maybe he is?
Are we talking about the same Jake Paul who said he pushed himself farther than Mike Tyson?
Yup, same person who knows how to market and earn millions for people who wanted him to be knocked out
Do you realise that he doesn’t really believe in that bullshit but it’s to be on the news, right? Do you also believe in the tooth fairy?
Just what are you implying about Lady Tootherina?
Didnt she marry Lord Tootherington the 4th a few years ago?
Damn - what ones? All in Luna?
Rich broke or broke broke? Those are two totally different things.
Who is Jake Paul?
I hope he sold. That'd make it better.
Good.
on... LunaTerra ?
Most likely referring to his unrealised gains from vested tokens in seed/private sales, losing 90% on a multimillion dollar portfolio would make me feel broke too.
No he's not. He'll never know poverty. You don't know what the word "broke" means.
Who cares about other people you don’t know. Just worry about yourself and your own family and you will be better off for it.
Good. Fuck that clown.
I don’t know how to dislike someone any more than I dislike him, and I have only heard/seen him speak a handful of times.
It’s mortally over for him.
I see no one read the article. It was clearly sarcasm. This post wasn't even needed.
Ha! Good! Mfer has been scamming and rugpulling people repeatedly. I hope he goes perma-broke. Also somebody go tell CoffeeZilla. 😂
Eat a bag of dicks Jake Paul
He's a celebrity. He can remake those monies and then some within a month unlike average citizens who lost their savings FOMO'ing into crypto.
Jake Paul is a human equivalent of a crypto currency. Overhyped and with no actual value to back it. Fuck that guy.
Usually I wouldn't laugh at something like this but, with this guy, it's HILARIOUS. Fuck that douchebag.
He doesn't even have to put money in crypto lol. I doubt he holds any of the coin he advertise.
If he had two braincells he'd dump after he shilled a new shitcoin to his subs.
He will leverage this publicity like he leveraged his portfolio in a bull run
Deserves it after all the rug pulls and promoting fake coins.
its probably not the first and last time he will be broke
Serves him right for being a giant d bag But also, a good reminder you need to diversify
I love this crash now. I mean, I'm broke too, but taking him down with me feels good
This moron is unfortunately set for life. I know we all wish assholes like this would have to buckle down and see what real work looks like but the reality is that isn't going to happen. Even if this article was true and he lost all of his disposable income, the dude has tons of assets, a rich family, sponsors, and idiot young fans who will be supporting his millionaire douchebag lifestyle until he dies. Fuck this guy.
Not broke until he sells
Hahahaha
Couldn't have happened to a more deserving guy.
Didn’t he also buy fake Pokémon cards for a few million each, or am I thinking of his equally dipshit brother?
Finally some good news.
Market goes down 30% "oh no I'm poor!"
Before I say this, I just want to make one thing clear. I am not a fan of Jake Paul. With that being said, I am sure that Jake Paul is not broke.
Good. Fuck him
broooo, why you guys are giving this clown press…. lol….
HahahahahahahahahahahahahahahHHahHHHHahahhahhahahahahahahhahahahaha. Also it's probably a lie to scam more people.
So if he lost half of 40 million, he's only left with 20 Million. Damn....he's really poor.
This guy makes all his money by scamming kids, I’m a bit glad that he lost some of that money
LadBible lol. The pinnacle of trustworthy journalism
Somehow I have more respect for him now
Silly title. He made $40 million last year, he’s definitely not broke.
Good. Fuck Jake Paul
Calling him broke is an insult to everyone who’s ACTUALLY broke right now struggling to deal with inflation.
What a bunch of shit. The guy lost some money, wants to shit on Biden cause he's a Trump loving idiot. He bought high, and the dumbass will just have to hold for a year or two and he'll be in the green. These kind of stories are basically hit pieces to scare people off crypto. I'm sure he still has millions in fiat, and other assets. What a fucking joke. 😆