Logan Paul seems on TV carrying world’s rarest Pokémon card price $5.3 million

Many celebrities put money into firms, initiatives or shares, however influencer Logan Paul has opted for a much less conventional path to maximise his earnings.

The 30-year-old, who rose to fame on YouTube, splashed out $5.3 million (£3.9m) on a uncommon Pokémon card, which he claims is an funding he’ll make again when the cardboard goes up for public sale subsequent yr.

Showing on The Massive Cash Present, Paul wore the PSA Grade 9 Pikachu Illustrator card on a sequence spherical his neck and spoke about the advantages of non-traditional investments.

He argued that collectibles have ‘outperformed’ the inventory market within the final 20 years and urged younger folks to take discover, as nontraditional belongings could possibly be a greater funding that the inventory market or properties.

“If in case you have the cash, do not be afraid to take a threat, particularly should you’re younger,” the YouTuber-turned-entrepreneur stated.

“There are methods to spend and make investments your cash in ways in which would possibly imply extra to you than the normal conservative funding just like the inventory market,” he stated, including that playing cards, sports activities memorabilia and sure luxurious items are examples of these kinds of investments.

He did warn potential buyers that not all collectibles maintain their worth long run and warning ought to be taken when deciding what to purchase, as he solely appears at buying ‘one of the best of one of the best’ and objects with very restricted provide.

The PSA Grade 9 Pikachu Illustrator card grew to become the costliest Pokémon card ever bought when bought by Paul in 2022, earning him a Guinness World Record.

He has had the cardboard made right into a wearable necklace, including a $75,000 (£55k) chain to it, that includes a diamond Pokémon ball.

Explaining how the cardboard carries the best doable PSA grade, the influencer additionally added: “Being the rarest, most beneficial card on the earth, there’s solely considered one of them.”

Whereas he outlined his plans to place the cardboard up for public sale in 2026, Paul wouldn’t disclose the worth he hoped to realize on the sale.

Any revenue will add to Paul’s present internet price of $150 million (£111m) properly.

Having first discovered fame on YouTube, alongside along with his brother Jake Paul, the 30-year-old has since capitalised on his viewers attain, branching out into podcasting and influencing.

He co-founded the vitality drink model Prime with fellow YouTuber KSI and is signed to WWE, the place he has grow to be a member of The Imaginative and prescient steady and as soon as gained the franchise’s United States Championship.