Logan Paul is one of the most famous YouTubers in the world and his popularity has helped him amass an impressive net worth.
But, he may have lost a huge chunk of his fortune after investing in first-edition Pokemon Cards that he claims are “fake.”
Logan is an avid collector of Pokemon cards and owns a Charizard worth $150,000.
Logan Paul claims he bought “fake” Pokemon Cards
In December 2021, Logan announced that he had purchased a “sealed & authenticated” box of first-edition booster packs containing rare cards.
However, Logan decided to go to Chicago and verify his purchase with Baseball Card Exchange (BBCE) after the authenticity of the product was questioned by some.
On checking, it was revealed that the Pokemon Cards were filed with G.I Joe cards, thus proving it to be fake.
What is the YouTuber’s net worth in 2022?
Logan, who thought his Pokemon Cards would only account for a small loss, is deeply disappointed after losing a whopping $3.5 million.
According to Celebrity Net Worth, Logan has an estimated net worth of $35 million.
Taking into consideration that he just lost $3.5 million, which he assumed was the value of the Pokemon cards he owned, his total net worth could have taken a hit.
But, the YouTuber recently launched an energy drink called Prime Hydration with KSI and the beverage brand has received rave reviews from fans. The product was sold out within hours.
So, we can expect the new business venture to add further to his fortune.
Fans react to Logan Paul losing millions
Logan’s fans are shocked and feel sorry for the YouTuber as he’s lost a huge chunk of his investment.
Meanwhile, some have thanked him for sharing his experience as it can save others from getting scammed.
One wrote, “This is crazy. Sorry to see this, but I’m thankful you’re able to share this with so many people for transparency. But first and foremost, get that money back”
Another wrote, “Awe man I thought it was not true. Scammers are messing everything up!!”
“Sorry this happened to you or anyone for that matter,” said another.
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