(Last Updated On: February 26, 2020)
ChocoTaco Net Worth – $3 Million
ChocoTaco is a popular YouTube gamer from the United States whose real name is Jake Throop. He has an estimated net worth of $3 million. He is best known for playing the popular game known as Player Unkown’s Battleground (PUBG) and streaming the game play on Twitch. He uploads various highlights on YouTube on a daily basis.
Before YouTube, Jake was making a decent living as an educator in Chicago but decided to quit his job in favor of starting a career streaming on Twitch since he was able to make more money than on a regular job. At his job as an educator, he was an area manager for a company that teaches engineering to kids using LEGOs. He was in charge of hiring, firing, marketing and scheduling programs.
How Much Money Does ChocoTaco Earn On YouTube & Twitch?
The channel has over 1.2 million subscribers as of 2020 and has accumulated over 200 million views so far. It is able to get an average of 300,000 views per day from different sources. This should generate an estimated revenue of $1,200 per month ($440,000 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, 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.
ChocoTaco makes extra income through his Twitch account where he has 980,000 followers and has accumulated over 40 million views through mainly streaming PUBG and Fortnite. Streamers make money through subscribers, ad revenue, donations and bits. He has roughly 10,000 subscribers from which he makes an average of $2.5 from each per month. This adds up to around $25,000 per month ($300,000 a year). He make more from the other avenues.
Officially, Twitch Partners and Affiliates receive 50% of the total subscription fee, so for the $4.99 tier, the streamer would get around $2.50. Twitch has been known to increase this amount for popular streamers to encourage them to remain on the Twitch platform, with some being upgraded to anywhere from 60% to 100% of the monthly fee.
Streamers make money through the Cheering feature when a fan cheers with bits in the chat. A Cheer is an animated chat emote that uses bits. Typing “Cheer1” will generate a grey bouncing triangle, and cost you 1.4 cents. “Cheer100” brings up a dancing purple diamond, and costs you $1.4. You can Cheer any amount you please (including irregular figures, and the corresponding emotes get larger and larger, up to a “Cheer10000,” a $140 tip represented by a fractured red star. streamers will get 1 cent for every Bit pledged while Twitch will keep the 0.4 cents.
Fans can also donate directly to their favorite streamers through Paypal and also cryptocurrencies such as bitcoin, litecoin or ethereum. There are a variety of third-party services which Twitch streamers can connect to their account to activate additional features such as donations and alerts. Some of the more-popular services are Gaming For Good, StreamTip, Muxy, Stream Elements, and StreamLabs. All of these services create a unique donation page for your channel hosted on their own server which you can direct your viewers to make a donation.
ChocoTaco also sells merchandise to his loyal fans on a regular basis. He also get lucrative brand deals from popular brands like GFuel