Andrei Jikh Net Worth: How Much Money He Makes On YouTube
Andrei Jikh Net Worth – $5.5 Million
Andrei Jikh is a popular finance YouTuber & magician from the United States who is the son of former circus performers from Russia. The family emigrated to the US when he was 9. Andrei has an estimated net worth of $5.5 million. His content is mainly composed of finance and investment-based topics. He often showcases his stock market investments and talks about what he plans on doing next with it. He also gives various tips on how best to invest your money, how to make extra income and how to save more money.
Before YouTube, Andrei worked at a startup that was trying to teach magic to people hence why magic is a fundamental pillar in his videos. He decided to invest the vast majority of his income over a number of years to create passive income which he could live off. He later quit his job to focus on YouTube full time.
How Much Money Does Andrei Jikh Earn On YouTube?
The channel has over 2.3 million subscribers as of 2023 and has accumulated over 350 million views so far. It is able to get an average of 200,000 views per day (approx 20% of the views are from Shorts) from different sources. Due to it being a finance channel, it is able to get higher than average ad rates and hence makes more money than other regular channels. The channel is able to make an average of $2,400 per day ($880,000 a year) from the ads that appear on the videos.
YouTube content creators based in the US, UK, Canada and Australia generally get paid $2 – $12 per 1000 monetized views after YouTube takes its cut. Monetized views usually range from 40% – 80% of the total views. All these are influenced by several factors like the 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, YouTube content creators also generate extra income from other methods such as YouTube Premium, Superchats & Superstickers, Super Thanks, Channel Membership and Shopping.
YouTube Premium viewers pay a monthly fee to view premium content on YouTube and watch videos without ads. Here, content creators get paid based on watch time on their videos. The longer the viewers watch their videos, the more money they earn.
Super Chat and Super Sticker are used by fans to connect with creators during live streams and premiers. When one buys a Super Chat, their comment is highlighted within the live chat while the Super Stickers get an animated image that surfaces in live chat. Super Thanks lets creators earn revenue from viewers who want to show extra gratitude for their videos. Fans can buy a one-time animation and get to post a distinct, colorful, and customizable comment in the video’s comment section.
Shopping allows eligible creators to connect their stores to YouTube to feature their own products.
YouTube Shorts generate revenue in a different way as compared to traditional videos. The revenue from ads appearing between Shorts will be pooled together then a portion of the total revenue will be allocated to a Creator Pool. Each country has its own Creator Pool. Eligible creators will be paid based on their share of total views. Shorts that use music make less money due to licensing costs.
Other Sources Of Income
i) Sponsorships and Investments
Andrei makes extra income through brand deals from different companies such as WeBull, SquareSpace and others. He also has invested over $200,000 in the stock market and hence receives dividend income. Patreon is also another major source of income for him since he is able to make an average of $200,000 a year from the platform.
ii) Affiliate Income
One makes money through affiliate marketing when a prospective customer makes a purchase or completes a specific action via the link provided by the affiliates. Andrei is able to make over $900,000 a year from affiliate marketing. He has also started selling a course to help out his viewers interested in YouTube content creation. His other investments include real estate and Pokemon cards worth $200,000.
General Expenses
Content creators incur a wide variety of expenses to create their content. These can include things like production costs, employee salaries, travel expenses, rent, buying new equipment, utilities, amenities, entertainment, subscription fees and other living expenses. One of the biggest expenses for most creators is taxes. Your tax brackets generally depend on your income. In a country like the United States, the highest tax rate is 37%. A combination of all these expenses determines one’s ability to save and invest, consequently how much one’s net worth grows.