Logan Paul joins ‘The Massive Cash Present’ to debate his rise to fame and why he chooses to put money into high-value collectible property.
YouTuber-turned-entrepreneur Logan Paul revealed he paid $5.3 million for a single Pokémon card and stated younger individuals shouldn’t really feel locked into conventional investing paths just like the inventory market or homeownership.
“I paid $5.3 million for this card,” Paul, referring to the PSA Grade 9 Pikachu Illustrator card, stated Tuesday on “The Massive Cash Present.”
Paul stated that when he purchased the PSA Grade 9 Pikachu Illustrator card in 2022, it grew to become the costliest Pokémon card ever offered, incomes him a Guinness World Document. However Paul believes it’s a nontraditional funding he’ll make again when the cardboard goes to public sale in early 2026.
Paul rose to fame on YouTube alongside his brother Jake Paul and has since change into a podcast host, a rising wrestling star in WWE and co-founder of the Prime power drink model with fellow YouTuber KSI. He is without doubt one of the most talked-about influencers on the planet.
Logan Paul discusses his Charizard Pokémon card chain throughout a press convention following his exhibition boxing match towards Floyd Mayweather at Arduous Rock Stadium in Miami Gardens, Florida, on June 6, 2021. The looks got here earlier than his later recor (Cliff Hawkins/Getty Pictures / Getty Pictures)
JAKE AND LOGAN PAUL BECOME BUSINESS PARTNERS FOR FIRST TIME AMID MAJOR VENTURE CAPITAL FIRM NEWS
Paul argued that collectibles, similar to Pokémon playing cards, have “outperformed” the inventory market during the last 20 years. With many younger individuals noting they really feel locked out of investing in issues like actual property or the inventory market, he stated nontraditional property could possibly be their manner in.
“If in case you have the cash, do not be afraid to take a threat, particularly in the event you’re younger,” stated Paul.
“There are methods to spend and make investments your cash in ways in which would possibly imply extra to you than the standard conservative funding just like the inventory market,” he added, citing collectible playing cards, sports activities memorabilia and sure luxurious items.
Jake Paul and Logan Paul attend a star occasion hosted by Elevating Cane’s founder Todd Graves forward of the Method 1 qualifying race in Las Vegas, Nevada, on Nov. 22. (Kevin Mazur/Getty Pictures for Elevating Cane’s / Getty Pictures)
ELON MUSK’S NET WORTH DOUBLES HIS NEXT CLOSEST RIVAL AMID TESLA STOCK SURGE
Nontraditional property have been rising in recognition amongst youthful traders, with costs typically pushed by shortage. Hermès Birkin and Kelly purses, for instance, have outperformed even gold in recent times, in line with the New York Put up.
These luxurious objects depend on shortage, with prospects restricted on what number of they’ll buy globally every year. That shortage is what Paul stated he’s hoping will drive worth when his uncommon Pokémon card goes up for public sale in February 2026.
Logan Paul attends the Undisputed & Ring Journal Tremendous Middleweight Championship at Allegiant Stadium in Las Vegas, Nevada, on Sept. 13. (Chris Unger/TKO Worldwide LLC through Getty Pictures)
GET FOX BUSINESS ON THE GO BY CLICKING HERE
“Being the rarest, most respected card on the planet, there’s solely one in all them,” Paul stated, noting it carries the very best attainable PSA grade.
Paul, who wore the cardboard round his neck in a $75,000 chain, wouldn’t give the worth he hoped to get at public sale. He did warning that not all collectibles maintain their worth long run. Paul stated traders have to be cautious about what they purchase, explaining that he focuses on buying “one of the best of one of the best” objects with extraordinarily restricted provide.
WWE U.S. Champion and Prime co-founder Logan Paul joins ‘Varney & Co.’ to debate his championship win, Prime’s success and his funding technique.
