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Social media personality slash professional boxer Jake Paul truly has more money than he knows what to do with it.
The 26-year-old has made millions from social media videos, winning boxing matches against non-boxers, and a mobile betting company.
Paul has so much money that he can do things like visit Ferrari Puerto Rico in San Juan and drop $421,000 on a rare Ferrari 296 GTB like it’s nothing.
Unfortunately, The Problem Child lived up to his name and he broke his new toy within an hour of purchasing it by doing donuts until the car started flashing just about every warning sign imaginable, including one that read “go to dealer.”
Luckily for him, he captured his shenanigans on video and will be able to recoup some of the damage he caused from the video he posted on YouTube on Wednesday.
In the video, we see Jake Paul heading to the dealership to pick up his car which he says he has waited a year and a half to receive.
“Yeah, I’m hungry, man,” Paul says as he drives away in his brand new supercar. “I wonder if there’s a donut shop around here?”
The video then jumps to Jake doing donut after donut in a parking lot, lighting up the tires (which also cost a small fortune, by the way) with smoke billowing everywhere.
Then the dashboard lights up like a Christmas tree with warning sounds going wild.
“I broke the car guys,” Jake tells his crew. “Look at all that. … I don’t know if I was supposed to drive it that hard on the first day. Like, it literally just says go to dealership. Straight up, like, nothing else. Just, like, you ruined the car, go to the dealership now.”
While it would be easy to crap all over him and his brother, but something Jake said at the end of the video is actually pretty decent.
“Cool to have all these nice things, but my main goal in life is to help change the world and to help inspire the next generation of entrepreneurs, YouTubers, athletes, whatever it might be to go out there and chase their dreams,” he said. “And to build these boxing gyms around the world, around the country, to fight back against bullying.
“All of these things is what matters more than all this materialistic stuff. But I love the materialistic stuff because it reminds me of my hard work and it’s something tangible. When I have these things, when I sit in these cars, when I drive them every day, it makes me want to work harder.
“So that’s what this is all about for me and I just want to be an example to someone watching this at home to show you that if you commit every single day for a long period of time it doesn’t matter how talented you are. You can get it too.”