If you didn’t know that you can make money on YouTube, hearing that people can make millions on it sounds crazy.
Yes, millions.
While the top YouTubers in the game are raking in that kind of money, there’s still plenty of ways for smaller channels to make decent money on there.
We are going to look at how much the top YouTubers in the game make, and then break down how you can make money from starting a YouTube channel.
How much do top YouTubers make?
There are some YouTubers out there at the top, who make a huge chunk of cash. We will look at who are the richest YouTubers.
They have massive followings, popular videos – and goes without saying – work extremely hard.
The amount that they earn through the platform is staggering. If you’re wondering how much do YouTubers make:
Jeffree Star Net Worth
Everywhere I turn on the internet at the moment, someone is mentioning his new makeup palette.
His beauty videos are extremely popular and have caused his net worth to skyrocket to $50 million. Wow!
Logan Paul Net Worth
Logan Paul is an American YouTuber who posts random videos. He rose to internet fame with his Vine channel which was at 9 million followers at its peak.
His net worth is currently around $30 million.
Jake Paul Net Worth
The brother of Logan Paul, who is a former Disney Channel actor, and has recently married fellow YouTuber Tana Mongeau.
His videos are generally prank videos, and he lives in a house with other content creators called Team 10.
His net worth is reportedly $11.5 million.
Jenna Marbles Net Worth
Jenna Marbles is a YouTuber and Twitch streamer, who has been on YouTube now for almost a decade.
Her net worth is an estimated $8 million.
Roman Atwood Net Worth
Roman Atwood is a YouTube personality whose videos are typically pranks.
Atwood’s net worth is reportedly $12 million.
Dude Perfect Net Worth
Dude Perfect is an American sports entertainment group, which is made up of twins Cory and Coby Cotton, Cody Jones and Garrett Hilbert.
Their net worth is an estimated $20 million.
Lilly Singh Net Worth
Lilly Singh is a Canadian YouTuber, who is also a comedian and actress.
She has a reported net worth of $16 million.
Graham Stephan Net Worth
Graham Stephan is a YouTuber that we really like to watch, as he is in the personal finance space too!
He is a real estate agent and investor. His net worth is an estimated $6 million.
PewDiePie Net Worth
PewDiePie is a Swedish YouTuber – real name Felix Arvid Ulf Kjellberg. His channel is the most subscribed to on YouTube.
His net worth is $30 million, as of 2019.
Ninja Net Worth
Tyler Ninja Blevins is an American YouTuber, and the most popular professional gamer online.
His net worth is approximately $15 million.
Liza Koshy Net Worth
Liza Koshy is an American actress and YouTube personality. She started her channel back in 2015 and quickly gained millions of followers.
Her net worth is an estimated $4 million.
CrazyRussianHacker Net Worth
Taras Vladimirovich Kulakov is a Russian American YouTuber. He is well known for his videos showing scientific experiments.
His net worth is $5 million.
Ryan ToysReview Net Worth
The 7-year-old holds the most profitable YouTube channel in the world! He asked his parents to set up a YouTube channel for him after he enjoyed watching other toy videos.
One of his videos went viral, and the channel now has over 20 million subscribers.
His net worth is $22 million.
Shane Net Worth
Shane Dawson is an American YouTuber, who is also known for being a comedian, musician, film director, and screenwriter.
His net worth is $12 million.
MrBeast Net Worth
MrBeast is best known for his viral philanthropy videos – I just spent a good chunk of time watching one where he donated $1 million!
His net worth is an estimated $6 million.
How much money can you actually make on YouTube?
The amount of money that you can make on YouTube isn’t limited to a certain amount.
As tempting as it is to look at the top earners and assume that it won’t be long until you make a million, it will require a bit more effort than that.
The average YouTuber salary isn’t going to be in the millions, but there’s no reason why it can’t be in the thousands.
The good thing about YouTube though? It depends on the video. One video can go viral, and catapult your channel to new subscribers.
It’s like any type of business – it depends on the quality of the product (videos), and the marketing behind it.
There is a handy YouTube earnings calculator that you can calculate earnings on.
How much YouTubers make per view depends on a few factors. Try out the calculator to see!
Requirements to Make Money on YouTube?
There are some requirements of the platform that you need to hit in order to make money on YouTube:
- Minimum of 1000 subscribers
- 4000 hours of overall watch time in the last 12 months
If you want to make money on YouTube, you are going to have to put some effort into it and think about why people would want to follow you.
YouTube payment method is dependent on your location, but there are options such as checks, electronic funds transfer, bank transfer, etc.
How do YouTubers make money
Although the first thing that comes to mind when thinking about making money on YouTube is ads – there are a few other methods too.
Been wondering how much YouTubers make per video? Well, that can depend on views, and their monetization methods, such as the below:
Ad Revenue
As mentioned, ad revenue tends to be the most common way to make money on YouTube.
You will need to meet their minimum requirements as listed above before you are able to turn on ads.
There is no exact number for how much you earn with each view, but it will be around $0.03 – 1 cent per view.
Affiliate Income
Affiliate links are referral links, where you can earn a commission when someone clicks on your link and makes a purchase.
You could mention it within your video as an extra thing for them to look at, or your whole video could be based around the affiliate company if you have been approached by them.
The earnings from affiliate links vary from company to company, with some paying out very little – but some companies paying out huge amounts.
Donations
This isn’t the best way of making money on YouTube, but if there is a large fan base who want to see the videos keep coming, they may want to donate.
You could ask if they would like to donate via Patreon or Paypal. Make sure it’s all legit!
Sponsorships
Sponsorships are a large part of a lot of YouTubers income model, as there is the potential to make a lot of money through sponsors.
Sponsorships are where companies approach YouTubers and ask them to promote their company, in exchange for sponsorship e.g. paying for them to make a video.
Merchandise
If you’ve watched any kind of YouTube channel at all, you’ve probably heard them talk about their “merch”.
Merchandise is something that you could sell if you have a large following who would be interested. You could sell things such as clothing, mugs etc.
Tips For Starting A YouTube Channel
The biggest mistake that a lot of people make when they want to start something that makes money, is to not treat it as a business.
You can bet that the top YouTubers in the game are treating their channels like a business. They work on it full time, they will have a business model and a plan.
It is important to view this as a business if you want to make money online from it and potentially turn it into your work from home job.
Pick a topic your passionate about
You’re going to be making a lot of videos. It may sound like an obvious piece of advice, but picking something that you are passionate about is going to help you a lot.
Choose a topic that you are happy to talk about over and over again. Not only that but if you are passionate about it, your viewers will like you.
Make sure it’s the right medium
Is it the best platform for you to be using in terms of your business?
While it may be tempting to start a YouTube channel after seeing how much some people are making from it, make sure it’s the best medium for you.
There could be other avenues that would be better for you, such as a blog or a podcast.
What do you need to start a YouTube channel?
Ok, you’ve decided that you want to start a YouTube channel! Now what?
There are a lot of things that you can get to set up your channel, but some things that you will definitely need to look at getting include things like:
- Camera
- Lens
- Tripod
- Lighting
- Microphone
- SD Card
Final Thoughts on Making Money on YouTube
If you’ve been thinking about starting up a YouTube channel, we say to go for it!
Not everyone will be able to make a lot of money on there, as it is a business. But there is always the chance that one of your videos could go viral and make you money!
It is important to be realistic about your expectations and not quit your job to go full-time on YouTube yet, but it’s a fun side hustle.
You could always try out other ways of making money online such as survey sites, blogging, or other work from home jobs.
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