(Last Updated On: December 17, 2020)
Alec Steele Net Worth – $1.2 Million
Alec Steele is an American blacksmith and content creator on YouTube who is based in Montana. He has an estimated net worth of $1.2 million. His content is composed of near-daily videos documenting the process of building different projects that start as lumps of steel or stacks of different alloys for making damascus. He later forges out them into blades, sculptures, art or tools before taking the projects to the machining equipment or into the grinding room for finishing.
How Much Money Does Alec Steele Earn On YouTube?
The channel has over 2.3 million subscribers as of 2021 and has accumulated over 450 million views so far. It is able to get an average of 250,000 views per day from different sources. This should generate an estimated revenue of $1,300 per day ($475,000 a year) from the ads that appear on the videos.
YouTubers get paid $2 – $7 per 1000 monetized views after YouTube takes its cut. Monetized views range from 40% – 80% of the total views. All these are influenced by several factors like device played on, time of the year, the location of the viewer, ad inventory, how many ads there are on a video, how many people skip the ads, type of advertisement, ad engagement, type of content etc. The cost of an ad view is based on an auction between advertisers based on views. Advertisers have to bid a minimum of $0.01 per view.
There is also a program known as Google Preferred where deep-pocketed companies can target ads on the top 5% most popular content. The ad rates here are higher than normal. Apart from ads, YouTubers also generate extra from YouTube Red viewers who pay a monthly fee to view premium content on YouTube plus watch videos without ads. Here they get paid based on watch time on their videos. The longer the viewers watch their videos, the more money they earn.
Alec makes extra income through selling merchandise and sponsorship deals from brands like Ship Station, Nord VPN, Square Space, Crowd Cow, Skillshare, Vikings War Of Clans, Kove Audio, Glasses USA and many others.