Jake Paul Made 'Massive' $39 Million Purchase With Mike Tyson Fight Money
YouTube superstar and boxer Jake Paul made a massive purchase with his winnings from the Mike Tyson fight last year.
Paul and Tyson squared off in November in a highly anticipated matchup that drew 60 million viewers on Netflix. Unfortunately for those viewers, the actual fight did not match the hype.
However, that didn't stop Paul from making a pretty penny. In an interview on the The Iced Coffee Hour podcast, Paul revealed he made in the "low 30s" from the fight. Tyson reportedly made $20 million from the bout.
Paul then announced he took that money and spent $39 million in total on a 5,653-acre ranch in Georgia, a move he called a "dream" of his.
“I haven’t announced it yet, but I bought a ranch. A pretty expensive ranch," Paul said. “It’s kind of been my dream and why I work so hard. I think it’s just I love everything to do with it, hunting, jet skiing, ATVs, fishing, horses, cows and all that stuff."
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“It cost $39 million.… It’s massive," he added. "It’s a little bit bigger than I wanted, but when I got there, I was like, ‘I have to buy this.’"
Paul's desire for the purchase also stemmed from his "going to a cabin a lot with my dad" when he was growing up, and he "always just wanted to go back to that."
With the Tyson bout in the rearview mirror, Paul will collect his next boxing check in a pay-per-view fight this Saturday against Julio Cesar Chavez Jr.