The Top 10 Richest YouTubers That Inspire The Most
21/06/2020 Titus Mbandi Blogging, Oline Business, YouTube
A lot of people wonder… Is it still possible to make money off YouTube? Although it may seem like one of those passing trends, YouTube isn’t going anywhere. At least any time soon. Humans have evolved to learn visually now more than ever before.
The Best Youtube Video Camera
In fact, YouTube gets an outstanding 5 billion video watches per day. With that kind of volume, serious YouTubers would have to be crazy to not try and make money from their passion.
Read Full Article: The Top 10 Richest YouTubers That Inspire The Most
YouTube doesn’t gain everyone fortune, but there are tons of successful YouTubers that prove that being a YouTube can pay off.
While most beginners won’t be rolling in cash right away, it could be a solution to step out of a current 9-5 job and pursue something more interesting.
So, how much money can you actually make as a YouTuber?
The first thing you need to know is that there are 500 hours of video uploaded every minute. Competition on YouTube is fierce.
The next thing you’ll learn is that making money on YouTube isn’t a piece of cake. There are generally 2 ways to do it:
- CPM (cost per thousand views)
- CPC (cost per click)
Each of these ways require you to join the YouTube Partner Program first, which isn’t easy either, at least for a beginner.
The program requires you to have 4,000 watch hours in the past 12 months AND 1,000 subscribers. That’s only to be eligible. Once you apply, YouTube will closely scan your account to see if you’re a good fit.
If you get into the program, you can then start making money.
If the advertisement is CPM (cost per 1000 views), it means the viewer must watch the entire advertisement before you make any money from it.
Read Full Article: The Top 10 Richest YouTubers That Inspire The Most
If you think about your own YouTube watching habits, I highly doubt you sit through the entirety of advertisements, especially if you have the option to skip.
If the advertisement is CPC (cost per click), then you get paid depending on how many users click the ads surrounding your video.
The actual rate advertisers pay ranges between $1 to $10 per 1000 views (depending on many factors such as the size and quality of your channel, and the topic of your videos), but averages out at around $2-$5 per view for most channels.
But, wait. Just like anything, it’s not all yours.
Google actually takes a big chunk of that amount (45%).
You won’t be able to quit your desk job any time soon if your views are low. But for YouTubers getting hundreds of thousands or even millions of views, YouTube can be very profitable.
Read Full Article: The Top 10 Richest YouTubers That Inspire The Most
Top 10 richest YouTubers in the world
So you can gather a little inspiration, here are 10 of the highest paid YouTubers in the world in order and from every niche.
1. Ryan’s World
Earnings: $26 million
Subscribers: 23.3 million
It’s almost unbelievable that an 8-year-old is the highest-paid YouTuber in the world. He started by making videos purely of himself opening toys and playing with them.
While this sounds rather hard to watch, he managed to gain millions of views on each of his videos. Ryan’s video “Huge Eggs Suprise” got 1.9 billion views.
His videos have a huge impact on the toy industry and advertisers for toy companies are willing to splurge on this young YouTuber.
Ryan now creates animation videos for kids that should keep his subscribers and income rolling in for a few more years.