Biography facts about Jason Y. Lee, the founder and CEO of Jubilee Media, a digital media startup that every fan should know.
Jason Y. Lee is the founder of Jubilee Media, a media company that bridges people together and inspires love. He is a producer and director, known for Accepted (2021), Save My Seoul (2017), and Blind Devotion (2015).
Jason Y. Lee has a net worth of $11 million in 2021 -2022 and is also the founder of The Jubilee Project, which encourages people to create videos for a good cause. Jason grew up in Kansas with his older brother, Eddie, and his parents, Chi Hyun and Yugyung.
His parents, Chi Hyun and Yugyung had immigrated from South Korea to the U.S. to attend grad school, and they were still students earning very little for a lot of Lee’s childhood.
Jason Lee began dating his now-wife, Melody, in 2016 when he lived in L.A. and she lived in New York. Jason and Melody had a wedding ceremony with close family in October 2020.
Jason lives in Los Angeles since 2012 and considers it the best city to live in thanks to its temperate weather, city life, and access to the outdoors.
Jubilee Project is an innovative platform that harnesses the power of Internet videos and the spirit of philanthropy. As of November 2021, the Jubilee project has 62 employees.
In his former life, Jason earned six figures and was a consultant at Bain & Company, and worked for Clinton Health Access Initiative in Zambia. He was born and raised in Overland Park, Kansas, and graduated with honors from the University of Pennsylvania – The Wharton School and currently works as an associate consultant at Bain & Company.
When the company evolved and its founding members disbanded, Lee launched a new for-profit company called Jubilee Media in 2017. As Lee raised capital for the new venture, he slowly drew a salary again — first $30,000, then $60,000. Now, after four years of building his start-up, the CEO pays himself $97,000 a year. As he’s gradually increased his salary, he’s taken into account how much he’s able to pay himself without negatively impacting the company’s finances.
How did Jason Y. Lee meet his wife Melody? How much does CEO jubilee make? Where do they film Jubilee? How many employees does Jubilee have? What does Jubilee company do? Read till the end for answers to these and more search queries.
Jason Y. Lee’s Profile Summary
|Real Name:||Jason Y. Lee|
|Net Worth:||$11 million|
|Age:||33 Years Old|
|Profession:||Producer and director|
|High School/College:||University of Pennsylvania – The Wharton School|
|Parents:||Chi Hyun and Yugyung.|
|Siblings:||Eddie (elder brother)|
|YouTube Subscribers:||6.81 million Subs|
Who is the Jason Y. Lee? (Profile of the founder of Jubilee Media)
#1. Jason Y. Lee is the founder of Jubilee Media, a media company that bridges people together and inspires love.
#3. Jason Y. Lee is also the founder of The Jubilee Project, which encourages people to create videos for a good cause — anything from raising awareness, to fundraising money, to capturing random acts of kindness.
#4. Jason has extensive experience in digital media, entrepreneurship, and social enterprise work.
#5. In his former life, Jason was a consultant at Bain & Company and worked for Clinton Health Access Initiative in Zambia.
#6. He was raised in Overland Park, Kansas, and graduated with honors from the University of Pennsylvania – The Wharton School and currently works as an associate consultant at Bain & Company.
#7. When Jason Y. Lee was a kid growing up in Kansas, he thought earning $100,000 a year would make him rich.
#8. His parents, Chi Hyun and Yugyung had immigrated from South Korea to the U.S. to attend grad school, and they were still students earning very little for a lot of Lee’s childhood.
#9. So when Lee graduated from the University of Pennsylvania in 2009 and began earning six figures as a consultant at Bain & Company in New York City right after college, he wasn’t prepared for the shock of feeling immediately flush with cash.
#10. “To make that much as a 21-year-old was a surprise,” Lee, now 33, says. Though he refers to the experience as an immense privilege, especially since his parents paid off his student loans, he also realized earning and spending that much money didn’t fulfill him the way he thought it would.
#11. In the decade since, Lee has gone from earning six figures to leaving it all behind in 2012 to launch a nonprofit with his brother and friend, called the Jubilee Project, with zero take-home pay.
#12. When the company evolved and its founding members disbanded, Lee launched a new for-profit company called Jubilee Media in 2017.
#13. As Lee raised capital for the new venture, he slowly drew a salary again — first $30,000, then $60,000.
#14. Now, after four years of building his start-up, the CEO pays himself $97,000 a year. As he’s gradually increased his salary, he’s taken into account how much he’s able to pay himself without negatively impacting the company’s finances.
#15. For Lee, the nonprofit-to-start-up years helped him live and work with purpose while being realistic about using money to grow his business, invest in his future, and pay it forward. Personally, it’s also put him on a more financially stable footing to start a family with his wife, Melody.
How the Jubilee Project started (Journey, Struggles, Six figures to zero income)
#16. In 2010, Lee was settling into his high-earning career when, on his 22nd birthday, an earthquake in Haiti killed and displaced millions of people. Feeling the need to do something, Lee went to a New York subway station and recorded himself busking to raise money for charity.
#17. Lee collected just $85 — he admits he’s not much of a singer — but after he uploaded the video to YouTube and called for additional support, he ended up raising a total of $700 for humanitarian relief.
#18. Lee seized the opportunity to create videos for social good and, along with his older brother, Eddie, and a friend, Eric Lu, spent nights and weekends building Jubilee Project.
#19. After two years of treating it as a side hustle, the trio all quit their respective jobs and school plans to focus on it full-time.
#20. While the mission felt right, Lee says going from six figures to zero income was a huge stressor. “The truth was, there wasn’t a great business plan when we were starting Jubilee as a nonprofit,” Lee says. “There wasn’t this great investor or benefactor who was going to support us. I was lucky that I had saved a good amount during my time as a consultant.”
#21. Still, Lee says he felt happier working on the nonprofit than he did as a consultant: “I felt like I was learning and growing every day.” Trading big paychecks for work he found meaningful “really changed the way that I thought about money and success.”
#22. In 2012, the group moved Jubilee Project from New York to L.A. for its digital creator’s scene. What Jubilee lacked in a robust financial plan, it made up for in a newfound community.
#23. At one point, the founders were able to live rent-free by setting up bunk beds in a friend’s spare bedroom.
#24. Lee says he lived off his savings for the three years he didn’t take a salary and invested any earnings back into the nonprofit.
#25. Initially, Lee’s parents weren’t thrilled to hear their Ivy League-educated sons were quitting their jobs at Bain and the White House to make videos on YouTube. But they’ve since come around to their sons’ decisions.
#26. When Jubilee began to sell apparel, Lee’s mom packed the orders. “She would leave little notes in the packages saying, ‘Thank you so much for supporting Jubilee,’” Lee recalls. To this day, Lee’s dad will call with video ideas.
#27. “These are little ways I know and understand the love and support me,” Lee says. “And they’ve loved me throughout my entire journey, even though I’ve made decisions that they didn’t quite understand.”
Becoming the boss
#28. Five years after starting the nonprofit, Lee was at a crossroads. His brother and Lu left Jubilee Project to pursue the next stage of their careers, and the remaining founder had to figure out what was next for himself.
#29. After working through what he considers a “really dark season” learning to separate his identity from his work, Lee focused on the things most important to him: his faith, being part of a community, and using his skills to help other people.
#30. In 2017, Lee closed the nonprofit and launched a new for-profit entity called Jubilee Media.
#31. He began pitching it to investors and received dozens of rejections before he got his first yes from Laura Huang, a former Wharton professor who helped Lee gain footing in the start-up world.
#32. With her help, Lee raised over $650,000 in venture capital to get Jubilee Media off the ground.
#33. It’s not lost on him that some of his strongest supporters are other Asian American business leaders, including Andrew Chau of Boba Guys and Twitch co-founder Kevin Lin — an underrepresented group Lee never imagined he’d be a part of. Investments from NBA star Jeremy Lin and actor Simu Liu pushed Lee’s reach even further.
#34. Lee recognized the impact he could make as an Asian American leader. Through Jubilee, he set out to build a company of diverse and talented individuals where people from marginalized communities, like himself, could thrive.
#35. In an effort to pay it forward, Lee began to advise and invest in other Asian-led start-ups, including the sparkling water company Sanzo, custom clothing brand Sene, and social media platform Fora.
#36. Today, Jubilee Media produces short- and long-form interviews, game shows, and unscripted videos about dating and culture for their own channel and through brand partnerships.
#37. The company also recently expanded into film and TV. The start-up employs roughly 62 people and reaches more than 6 million subscribers on YouTube.
Who is Jason Y. Lee’s wife and how did they meet?
#38. As his company grew, Lee also saw himself putting down roots in his personal life, too.
#39. Lee began dating his now-wife, Melody, in 2016.
#40. They met online, but not in the way a lot of couples do now — he saw a Facebook video of her, a financial reporter, interviewing a start-up CEO.
#41. He messaged her on Twitter saying he was a fan of her work. The only problem? She was thousands of miles away working in New York City.
#42. But on a subsequent visit to the East coast, Lee met her for coffee and they struck up a bi-coastal relationship that would end in them getting engaged in 2019, moving in together right before the coronavirus pandemic, and tying the knot in a small family ceremony in October 2020.
#43. Going from long-distance to spending every moment together in quarantine was an adjustment, but fortunately, money isn’t a big source of tension, Lee says.
#44. Still, they had to navigate the differences in their earning power, with her being securely employed and him being the boss of his own start-up.
#45. “I think one thing that I’m really proud of is actually that my wife makes more money than I do,” Lee says, adding that his wife’s support “allows me to dream bigger, save more and believe that the money and time that we might be sacrificing as a start-up will be worth it one day.”
#46. The stress of being a founder can put pressure on their relationship, especially when it comes to separating business and life as they both work from home during the pandemic. But Lee is working to set firmer boundaries between professional and personal time.
#47. “That’s definitely something that we’ve talked about — me wanting to be a better partner and husband and supporter for her career as well,” Lee says. “There’s a lot of sacrifices she’s had to make to be a good partner to me, and I want to be able to do that for her.”
About Jubilee Media
#48. Jubilee is an interactive YouTube channel that mentions that have various different people state their opinion on various topics. Some of these topics such as asking a person who is a former cult member or being a furry.
#49. However, most of the videos are based on having a debatable topic with the guest selecting a size. Sometimes, there are Instagram polls that pop up to show an audience rating that may be different than the overall guest opinion.
#50. There are then people who claim to support a variety of opinions, and there are custom thumbnails with large text.
#51. Jubilee has garnered over 30 million views online for various causes and is featured in The Huffington Post, Buzzfeed, Mashable, The Queen Latifah Show, and more.
About Jubilee Project
#52. Jubilee Project is an innovative platform that harnesses the power of Internet videos and the spirit of philanthropy.
#53. The mission is to tell stories that touch souls.
#54. The core value of the Jubilee Project is to partner with those in our communities to help make these films possible.
#55. Jubilee Project is of the hope to create entertaining videos that will empower, enable, and inspire others to live for something greater than themselves.
#56. As of November 2021, the Jubilee project has 62 employees.
Do you get paid to be on Jubilee (Compensation & Contract Details)
#57. Jubilee Media is unable to pay volunteers and anyone who would want to share their story. Also, there is no form of payment or cover of the cost of travel and accommodation.
#58. According to Backstage, this has been consistent with cast members throughout all of Jubilee’s videos since the company started.
#59. One major objective at Jubilee media is primarily working with people who fall in line with our vision of bridging people together, inspiring love, and challenging conventional thinking.
Jubilee YouTube channel Information
#60. The Jubilee YouTu e channel was created on January 30, 2010.
#61. The channel as of 2021 has 6.81 subscribers with 737 uploaded videos and 1,530,817,707 views.
#62. Jubilee Media is ranked 632nd in the United States, 1,937th in the world, and 611th Entertainment channel.
#63. The first-ever video on the Jubilee YouTube channel is titled “The Jubilee Project: My Hundred for Haiti” uploaded 11 years ago with 32K views.
#64. The top three most popular videos on the Jubilee channel are “30 Vrs 1: Dating App in Real Life“, “Blind Devotion: Jubilee Media Short Film“, and “Flat Earteners Vrs Scientists: Can We Trust Science?” with 28 million, 24 million and 18 million views.
#65. Contents on Jubilee are Odd One Out, Spectrum, Middle Ground, Money, Politics and Society, Sexuality.
How Jason Y. Lee and his wife spend their money
Here’s a look at how Lee typically spends his money, as of April 2021:
#66. Savings and investments: $1,840 (including $500 to emergency savings, $500 to angel investing, $500 to a Robinhood account, $240 to a Roth IRA, and $100 to cryptocurrency)
#67. Rent: $1,400 (his half of a one-bedroom apartment)
#68. Discretionary: $1,050 (including $400 in donations, $300 for travel, $300 for entertainment and hobbies and $50 for their bernedoodle, Remy)
#69. Food: $380 (his half of the monthly total)
#70. Car: $350 (including monthly payment and gas)
#71. Utilities: $150
#72. Insurance: $85 (for health, dental, vision, renters, and pet coverage)
#73. Phone: $50
#74. Streaming: $23 (for Spotify and half of a shared HBO Max account)
#75. The newlyweds keep a joint account to split housing expenses and bills down the middle, as well as separate accounts for their own personal spending.
#76. They check in with each other for any purchases above $400, such as Lee’s recent (and admittedly frivolous) eBay purchase of a 2017 Patrick Mahomes trading card for $1,000.
#77. They both set aside 30% of their income for savings and investments, which they split into further buckets for liquid savings, retirement savings, and riskier investments.
#78. Lee grew up watching his parents diligently save their earnings, but they never taught him how to manage his own money. He’s learned through school and work how to invest, starting off with a 401(k) as a consultant and now through a Roth IRA, a Robinhood account, and more recently, in cryptocurrency.
#79. Another important part of Lee’s budget is money for charitable giving. He puts $400 per month toward his church and other nonprofits that give back to the community, including recent donations to Hate, Is a Virus, and GoFundMe’s Stop Asian Hate efforts.
#80. In the next 10 years, Lee’s personal financial goals include buying a home, raising kids, and supporting a family with his wife.
#81. Professionally, Lee says success is no longer about the numbers on his paycheck, but about making an impact through his work.
#82. He aims to grow Jubilee Media into “the Disney of empathy” through videos that “remind us that we have far more in common than we think.”
#83. As for making a career in business and media, “I never thought a lot of these things were accessible or open to me because I didn’t see people who looked like me who did that. Now that I’m starting to do some of these things, I hope that I can be an encouragement to other people.”
#84. Part of that includes being transparent about the financial risks and rewards of being a start-up founder. Lee didn’t see that when he was starting out but thinks he would have greatly benefited from it.
#85. “That’s one of the reasons I wanted to do [Millennial Money],” he says. “I wanted to be really transparent with how I’ve learned to make, spend, save my money.”
What is Jason Y. Lee’s net worth?
#86. Jason Y. Lee of Jubilee media has a net worth of $11 million in 2021, according to a report by Net Worth Post.
#87. His sources of income are from his media company, sponsorships, partnerships, investments like Bitcoin, and stocks, and the selling of merchandise.
How much money does Jubilee make?
#88. Jubilee Media makes a revenue of $180 – $2.9K in a day on YouTube, according to Social Blade.
#89. Jubilee Project earns an income of $1.3K – $20.1K in a week from YouTube ads.
#90. In a month, Jubilee Media earns $5.4K – $86.3K from YouTube.
#91. Jubilee media makes a salary of $64.7K – $1M in a year from displayed ads on YouTube.
Jason Y. Lee social media
#83. Linkedin: Jason Y. Lee
#84. Instagram: @Jasonylee_
#85. Twitter: @Jasonylee_
Jubilee Media social media accounts
#86. Twitter: @Jubileemedia
#87. Facebook: jubileemedia
#88. Instagram: @jubileeMedia
#89. TikTok: @Jubilee