Portfolio Overview
Ownership & Control Structure
| Holding Entity | Type | Purpose |
|---|---|---|
| Most Valuable Promotions | Promotion company | Boxing and MMA |
| Betr | Gaming company | Sports gaming |
| W | Personal care | Men's grooming |
| Anti Fund | Venture firm | Startup investing |
What Companies Does Jake Paul Own?
Jake Paul co-founded Most Valuable Promotions with Nakisa Bidarian in 2021, co-founded Betr with Joey Levy in 2022 and co-founded Anti Fund with Geoffrey Woo in 2021. He also founded W, the men's personal-care brand that raised nearly $11 million in Series A capital in 2024. These businesses convert boxing attention into promotion, gaming, consumer products and venture investing, but Paul shares governance with experienced operating partners in each major platform.
MVP announced a merger with the Professional Fighters League on July 30, 2026. The combined combat-sports platform is expected to be led by PFL chief executive John Martin, with Paul and Bidarian retaining active roles. Because the announcement did not disclose closing terms, ownership percentages or a completed date, this profile treats MVP as a current holding subject to an announced combination rather than assuming Paul controls the merged entity.
Betr remained active as Betr 2.0 in September 2026, integrating fantasy picks, sportsbook, casino and arcade products where legally permitted. A 2024 financing valued the company at $375 million, but that valuation belongs to Betr as a whole and does not reveal Paul's stake. Anti Fund closed a $30 million Fund I in December 2025 and later reported more assets under management; those managed assets are not Paul's personal portfolio value.
We count four core business interests and separate them from boxing purses, endorsements, portfolio-company logos and fund capital. The economic model is unusually circular: fights create attention, MVP monetizes events and athlete relationships, Betr captures sports engagement, W sells to the same demographic, and Anti Fund invests in external growth companies. The system can scale if each business acquires customers independently. If demand relies on constant controversy or Paul's own fight calendar, cash flow and valuation will remain volatile.
Portfolio Analysis
Paul's companies form a funnel around combat-sports attention. MVP owns promotional infrastructure, Betr seeks recurring engagement between events, W sells consumables to a young male audience and Anti Fund converts network access into private-company options. The links are commercially plausible, but they also make the group sensitive to the same reputation and platform algorithms.
MVP can reduce dependence on Paul's own purses if it develops athletes with independent drawing power. The 2026 PFL transaction may add roster depth, international distribution and MMA capability. It could also dilute Paul, add governance layers and expose the combined business to the cash demands of a larger fight organization. Until closing terms are known, strategic promise should not be mistaken for captured value.
Betr carries the highest financing risk. Gaming operators often spend heavily on customer bonuses and state launches before reaching scale. Cross-selling fantasy, sportsbook and casino products can raise revenue per user, while regulation limits where and how the platform operates. We would track net gaming revenue after promotions, customer payback and cash runway.
W and Anti Fund give the portfolio different upside. Grooming products can generate repeat retail cash if reorder rates hold. Venture stakes may produce rare large wins but little near-term liquidity. The best portfolio design would use boxing cash to fund measured growth without forcing asset sales or overcommitting personal guarantees.
Business Profile
Paul has moved from renting distribution on social platforms to owning businesses positioned around live sports. MVP is the strategic center because it can capture promoter economics, build other fighters and negotiate media rights. A promoter assumes event risk and purses but can retain upside from sponsorship, tickets and distribution. That is more scalable than earning only as the athlete, provided the roster produces attractions beyond Paul himself.
Betr is the most capital-intensive venture. Regulated gaming requires licenses, technology, customer acquisition and risk management across jurisdictions. Product breadth in Betr 2.0 can improve lifetime value, yet it also increases compliance complexity. A $375 million financing valuation indicates investor confidence at one date, not profitability or Paul's liquid wealth.
W turns attention into a recurring consumer purchase. Personal-care products can achieve attractive gross margins and broad retail distribution, but shelves are crowded and repeat rates determine whether launch demand persists. Outside capital can fund expansion, while dilution reduces Paul's percentage. The brand deserves credit only for customer retention after promotional spikes.
Anti Fund diversifies the model away from direct operations. Its network may win allocations in competitive rounds, though venture performance follows a power law and can take years to realize. We view the four businesses as related distribution bets with different risk clocks: events settle quickly, consumer inventory turns over in months, gaming needs sustained scale and venture stakes may remain illiquid for a decade.
Controlled Businesses
Companies Currently Owned or Controlled
4 held| Company | Relationship | Equity | Role | Since |
|---|---|---|---|---|
| Most Valuable Promotions | Shared control | N/A | Co-founder | 2021 |
| Betr | Shared control | N/A | Co-founder | 2022 |
| W | Founder equity | N/A | Founder | 2024 |
| Anti Fund | Shared control | N/A | Co-founder and general partner | 2021 |
Control & Capital Allocation Analysis
Paul's ownership is consistently shared with operators who bring technical depth. Bidarian understands fight promotion, Levy runs gaming, Woo manages venture investing and W employs consumer executives. This structure is rational because Paul's comparative advantage is audience creation and deal attention, not every regulated function.
Shared governance also limits unilateral control. New financing can introduce board rights and preferences; the PFL merger will add another executive center; gaming regulators can constrain product decisions. A founder title does not reveal voting percentage, liquidation priority or the right to sell.
Personal-brand volatility is the key governance risk. Controversy can create short-term demand for a fight while making retail partners or regulators more cautious. Ring-fencing each company, maintaining independent compliance teams and establishing approval processes for cross-promotion protect the portfolio from one incident spreading across every asset.
We would value management succession more than another celebrity partnership. MVP needs promoters who can build cards without Paul, Betr needs product leadership that wins on experience rather than fame, and W needs retail discipline. Independent capability turns shared control from dilution into an advantage.
Minority Stakes, Investments & Brands
Businesses Jake Paul Has Invested In
| Company | Year | Amount or Stake | Status |
|---|---|---|---|
| Anti Fund portfolio | N/A | N/A | N/A |
Minority-Stake & Investment Analysis
Anti Fund institutionalizes Paul's angel activity and allows a professional team to evaluate opportunities. The creator network may produce proprietary deal flow and customer access. Those benefits matter only when entry valuations leave room for returns after dilution and when reserves protect ownership in the best companies.
The $30 million Fund I is a capital pool, not a personal asset. Management fees support operations, carried interest depends on realized gains and limited partners own their proportional claims. Later AUM figures likewise describe the firm, not Paul's balance sheet.
Paul's operating stakes can be viewed as concentrated private investments. Betr and W have raised outside capital, which provides resources and third-party price signals but reduces founder ownership. Company valuations should be adjusted for preferred terms, debt and the lack of liquidity before estimating any common-equity value.
His strongest investment edge is the ability to test products against a large audience quickly. The danger is mistaking attention for retention. We favor ventures where cohorts keep buying, regulatory approval is durable and management can acquire customers through channels beyond Paul's accounts.
Transactions, Acquisitions & Exits
Transaction & Exit Analysis
The announced MVP-PFL merger is a strategic combination rather than a disclosed cash exit. Paul may exchange some or all of his MVP interest for equity in a larger platform, but the public announcement did not provide consideration, valuation or closing mechanics. No personal proceeds should be inferred.
Betr and W could pursue future sales or public listings, yet both need operating proof first. Gaming consolidation rewards licensed scale and strong technology; consumer buyers pay for repeat sales and retail productivity. Audience size alone rarely supports premium acquisition multiples after diligence.
Anti Fund will realize gains portfolio company by portfolio company. Successful exits return capital through the fund waterfall before carry reaches managers. Public deal values can exaggerate actual proceeds when the fund owns a small diluted stake.
We prefer partial liquidity that preserves upside without extending excessive promotional obligations. Paul can monetize some founder equity, reduce concentration and keep a meaningful interest. The quality of an exit will be determined by cash received, rollover terms and liabilities retained, not by the headline enterprise value.
Wealth, Income & Financial Trends
Net Worth & Sources of Wealth
Historical Financial Trends
Net Worth · Five-Year Trend
Annual Income · Five-Year Trend
Sources of Wealth
Wealth & Income Analysis
Paul's latest third-party net-worth estimate is far less dependable than his published annual earnings. Private-company stakes have no continuous market price, and boxing pay can include guarantees, upside shares, expenses and taxes. We use the $100 million figure as a broad reference while treating the $70 million Forbes earnings estimate as a separate flow measure.
Boxing currently creates the greatest liquidity. A small number of events can generate unusually high annual income, but injury, opponent availability and audience fatigue make that stream volatile. MVP can capture a greater portion of event economics, though promoter obligations also increase downside when a card underperforms.
Betr, W and Anti Fund are long-duration assets. Financing marks may increase paper wealth without producing distributable cash. Preferred shareholders can sit ahead of common stock, and fund carry has value only after successful exits. These claims should be discounted for illiquidity and execution risk.
A robust balance sheet would retain enough cash to separate personal security from business ambition. Using fight income to meet equity calls can be sensible, but perpetual reinvestment would make wealth fragile despite high headline earnings. We look for evidence of distributions, conservative leverage and reduced dependence on one annual bout.
Portfolio Development Over Time
Business Ownership Timeline
Business Trajectory Analysis
The PFL combination could define Paul's next stage. A broader combat-sports platform may create year-round content, athlete development and negotiating leverage with distributors. Integration risk is substantial because boxing and MMA have different contracts, commissions and event economics.
Betr 2.0 must convert feature breadth into efficient customer behavior. Expanding into several products can improve retention, but it can also raise compliance cost and confuse positioning. State-level contribution profit and payback periods will show whether scale creates value.
W has the clearest path to ordinary repeat revenue. Retail execution, product efficacy and replenishment can make the business less dependent on fight cycles. Anti Fund extends optionality, although its results will remain opaque until investments exit.
We expect Paul's public persona to remain a powerful but volatile acquisition channel. The portfolio earns a higher quality rating only when other athletes, customers and managers generate demand independently. Institutional depth, not another launch, is the most important catalyst for durable valuation.
Frequently Asked Questions
What companies does Jake Paul own in 2026?
As of September 13, 2026, Jake Paul held founder or co-founder interests in Most Valuable Promotions, Betr, W and Anti Fund. Each business had partners or outside investors, and none disclosed that Paul owned 100%.
Did Jake Paul's MVP merge with PFL?
Most Valuable Promotions and the Professional Fighters League announced a merger on July 30, 2026. PFL chief executive John Martin was designated to lead the combined platform, while Paul and Nakisa Bidarian would remain active; the announcement did not disclose final percentages or closing terms.
How much is Jake Paul's stake in Betr worth?
A 2024 financing valued Betr at $375 million after a $15 million round, but Jake Paul's ownership percentage was not disclosed. As of September 13, 2026, the company valuation could not be converted into a reliable personal stake value.
How large is Jake Paul's Anti Fund?
Anti Fund closed a $30 million Fund I in December 2025 and added Logan Paul as a general partner. The fund's commitments and later assets under management belong to the investment vehicles and limited partners, not personally to Jake Paul.
How much did Jake Paul earn in the latest Forbes estimate?
Forbes in May 2026 that Jake Paul earned $70 million during the preceding 12 months, including $60 million from two 2025 bouts. That is an earnings estimate, not his net worth or the value of his companies.
