How Much Do YouTubers Make? (YouTube Calculator + HOW it’s done)

Updated on: Jun 3, 2024

For those curious about a YouTuber’s income potential, you can jump straight to our YouTube Calculator to get a glimpse of what you could make from YouTube ad revenue alone:

 
 
 
 
 
 
 
 
 

But as someone who actually makes an income from YouTube (my channel has over 557,000 subscribers), I’ll show you just how much you can expect to earn with a pretty significant audience. 

Ready to hear the truth about making money on YouTube? Let’s get started. 

What Top YouTubers Make Annually (shocking numbers!)

Below are the top highest-paid YouTubers as of February 2024. While these numbers are significant, notice just how many subscribers they have to have to hit those income targets (spoiler alert: It’s a LOT!).

 
Creator # of Subscribers Earnings Income Streams
Mr Beast
247 Million
$82,000,000
Brand sponsorships, YouTube ad revenue, merchandise, various business partnerships
Rhett and Link
5.08 Million
$51,000,000
YouTube ad revenue, making commercials for companies (McDonald’s, Coca-Cola, etc)
Dude Perfect
60 Million
$50,000,000
YouTube ad revenue, sponsorship deals
Markiplier
36.3 Million
$35,000,000
YouTube ad revenue, various businesses (like his clothing brand)
Ryan Kaji
36.2 Million
$35,000,000
TV Show, YouTube ad revenue, brand sponsorships
Jake Paul
20.5 Million
$34,000,000
Boxing, brand sponsorship, merch, and YouTube monetization
Preston Arsement
25.6 Million
$22,000,000
Minecraft servers, YouTube ad revenue
Anastasia Radzinskaya
112 Million
$22,000,000
Multiple channels and brand deals

Notice that none of these top earners are making money exclusively with ad sense (YouTube’s ad revenue). That’s because doing so would only bring in $0.01 to $0.03 per view. That’s not much money.

If you really want to get rich from YouTube, not only will you need boatloads of subscribers (at least 1 million), but you’ll also need to spread yourself thin with multiple businesses and partnerships.

But that’s not the only path to take. That’s why I do things a bit differently with my YouTube channel which allows me to have a multi-million dollar business with only 541,000 subscribers (and dedicating only a small amount of time to my channel). I’ll share more about my approach, but first, let’s take a deeper look at how the top earners make money.

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New to IWT?
  • Watch Ramit Sethi host Netflix’s “How to Get Rich” 
  • Get the NYT-Bestselling book (over 1 million sold) 
  • Check out the podcast (200K plays per episode)

And join over 800,000 readers getting our Insiders newsletter, where we share exclusive content that’s not on the blog:​

Deep Dive into Top YouTubers

Mr. Beast ($82 Million)

In 2024, Jimmy Donaldson, better known as Mr. Beast, isn’t just a YouTube sensation with his massive 258 million subscribers; he’s also on Time Magazine’s 100 Most Influential People list. Known for his over-the-top stunts and heartwarming generosity, he first shot to fame back in 2017 with a quirky video where he counted to 100,000. Since then, his videos, often featuring mind-blowing giveaways, have only upped the ante. Let’s not forget his innovative burger joint launched in 2020 – not just a one-hit wonder, but a thriving venture that keeps pulling in crowds by flipping the script on fast food. Mr. Beast is making more than videos, he’s making waves, and he’s been at it since 2012.

Rhett and Link ($51 Million)

Rhett McLaughlin and Link Neal, known as Rhett and Link, host the daily YouTube show Good Mythical Morning. With over 5.08 million subscribers and 9 billion views since its launch in 2008, the duo’s channel features a comedic talk show format where they engage in quirky activities, such as eating unusual foods, experimenting, and playing games with celebrity guests. Their popular videos include eating a scorpion, consuming the world’s hottest pepper, and deep-frying peculiar objects like grass and toothpaste. They’ve been making videos since 2006.

Markiplier ($35 Million)

Markiplier, boasting over 36.3 million subscribers, is a prominent YouTuber known for his engaging gaming content and charitable initiatives. His energetic and humorous approach to gaming has captivated audiences since his early days on the platform. Markiplier’s philanthropic efforts, including charity live streams and donations, have earned him widespread admiration, establishing him as a beloved figure in the YouTube community. He’s been making videos since 2012.

Ryan Kaji ($35 Million)

With over 36.2 million subscribers, Ryan’s YouTube channel is managed by his parents to comply with the YouTube Partner Program guidelines. Starting at the age of 3, Ryan gained popularity by reviewing toys through unboxing and playing videos, but his content has since evolved to include science experiments. Additionally, his success on YouTube led to a Nickelodeon TV series called “Ryan’s Mystery Playdate,” and he even has his own line of clothing and toys.

Jake Paul ($34 Million)

Jake Paul, with over 20.5 million subscribers, gained fame for his extreme pranks and notable boxing matches. Since 2017, his controversial actions and collaborations with celebrities have propelled his online career. Despite generating devoted fans and fierce critics, Jake Paul remains a prominent figure in the digital realm. He’s been making videos since 2013.

Ramit Sethi (Multi-Million dollar business)

While I don’t have millions of followers like these other creators, I do own a multi-million dollar business that YouTube helped me build. And I was able to do it without embarrassing myself with pranks, doing toy reviews, or spending millions of dollars rebuilding the Squid Games set. And the main way I was able to do this is by selling online courses. You see, each of my YouTube videos leads viewers to subscribe to my email list where I’m able to build a stronger connection with my audience and eventually offer digital products for sale.

My channel doesn’t require extreme production value. In fact, most of my YouTube content is just the video version of my podcast, which is just a screen recording of me talking with my guests. 

For more insights on how types of content creators monetize their channels, check out this post – How Much Do Content Creators Make In 2024? (+Tips To Make $$).

 
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I’ll get into more about how I use YouTube to do even cooler things (like be on TV), in a minute. But first, let’s take a look at what your typical YouTuber makes so that we have a fair comparison.

 

What the Average YouTuber Makes

It’s fun to look at how much guys like Mr. Beast earn on YouTube. But you have to keep in mind that people like him are in the top 0.00001% of earners. The truth is, most YouTubers barely make a full-time income off the platform. 

Making a substantial income from YouTube means you’ll likely need to have around 1 million subscribers. According to ZipRecruiter, the average YouTuber makes around $60,000 a year, which is slightly above $100 per day. 

If you are just starting your journey, and need help on your way to become the highest paid creator, we got you covered here in 8 best types of YouTube Channels to start making money online and here – How to Become a YouTuber Checklist.

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YouTube Calculator: Estimate Your Potential Earnings

Curious about how much you could earn from YouTube’s AdSense revenue sharing? Our interactive calculator gives you a solid estimate based on your video views and engagement rates. Don’t worry about the complex math behind the scenes – our team of experts has got you covered!

We’ve developed a formula that takes into account the base rate YouTubers typically earn per 1,000 views, then adjusts it based on your engagement rate. The more your audience interacts with your content, the higher your potential earnings per view.

Just drag the sliders to see how much ad revenue you could potentially make at different viewing and engagement levels. 

Daily Video Views
Drag the slider to calculate potential earnings
20,000 Views/Day
Average Engagement Rate
600,000
Views per Month
7,300,000
Views per Year
Estimated Daily Earnings
$28.50 - $47.50
Estimated Monthly Earnings
$855 - $1,425
Projected Yearly Earnings
$10,403 - $17,338

Keep in mind that the most successful YouTubers have multiple income streams like sponsorships, merch, and more.

Use the calculator to estimate the AdSense income you could earn while building your audience, but remember that consistent, engaging content is key to generating any significant revenue.

Frequently Asked Questions

How much does a YouTuber with 1 million subscribers make?

The average YouTuber with 1 million subscribers typically makes roughly $936,000 a year. If you’re considering becoming a YouTuber as an easy way to earn some cash, you should check out these options first.

 

Who is the highest paid YouTuber?

The highest-paid Youtuber is MrBeast, with nearly 300 million subscribers!

 

How much do YouTubers get paid?

It varies widely depending on the YouTuber. Typically, 1 million views on YouTube will get you between $1200 and $6000.

How much does a YouTuber make a month?

The average YouTuber with a million subscribers makes about $5000 a month.

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Ramit Sethi

 

Host of Netflix’s “How to Get Rich”, NYT Bestselling Author & host of the hit I Will Teach You To Be Rich Podcast. For over 20 years, Ramit has been sharing proven strategies to help people like you take control of their money and live a Rich Life.