The biggest moneymaker on YouTube is a 7-year-old boy who made $22 million last year, Forbes is reporting.
Ryan ToysReview has probably as simple a premise as any YouTube channel that has ever been created: a young boy named Ryan (his last name is a secret, for obvious reasons) opens up boxes of toys and plays with them. If he likes them, great. If he doesn’t like them, that’s great too.
As it turns out though, Ryan has found the sweet spot when it comes to making money on YouTube. That’s because his infectious enthusiasm, plus all of those amazing toys, are loved by millions of children all over the world (17.3 million subscribers, and 26 billion views since his channel started). What’s more, Ryan’s reviews can make or break a new toy; toys he’s particularly enthusiastic about can sell out within hours.
All of that translates to an apparently limitless stream of money. About $21 million of Ryan’s earnings come from ad revenue – those ads that play before a lot of YouTube videos. Another million or so comes from paid sponsorships.
Ryan, for his part, is pretty circumspect when it comes to why he makes so much money.
“I’m entertaining and I’m funny.”
Of course, Ryan isn’t the only person who’s making a ton of money on YouTube. As BBC News reports, Ryan beat out second-place Jake Paul by a mere half a million, with Paul earning an estimated $21.5 million the previous fiscal year.
The remainder of the Top Ten money-earners on YouTube are, in order:
- No. 3: trick-shot sports-entertainment bros Dude Perfect ($20 million).
- No. 4: Minecraft gamer Daniel Middleton ($18.5 million).
- No. 5: musician and cosmetics manufacturer Jeffree Star ($18 million).
- No. 6: video gamer Markiplier ($17.5 million).
- No. 7: video gamer Evan Fong ($17 million).
- No. 8: video gamer JackSepticEye ($15.5 million)
- No. 9: video gamer PewDiePie ($17 million).
- No. 10: actor and personality Logan Paul ($14,5 million).
The fact that Logan Paul is continuing to make money is something of a coup, considering that his career was almost derailed in January. At the time, Paul posted a video showing the bodies of suicide victims in a Japanese forest. In response, Paul was banned from YouTube for a period of time, and calls for his complete removal from the platform came from around the world. Paul apologized, and Google, which owns YouTube, removed Paul from a program where ad buyers can purchase ads on the platform’s top five percent of performers’ channels.
As for Ryan of Ryan ToysReview, he may yet decide that doing toy reviews on YouTube is no longer for him (or more likely, he’ll outgrow children’s toys when he reaches adolescence). If or when that happens, his sponsors, management, agents, and parents may gasp in horror, but Ryan himself will be OK: he has enough money “for ten lifetimes,” says industry analyst Chas Lacaillade.