(Last Updated On: April 25, 2020)
Chris Ramsay Net Worth – $3 Million
Chris Ramsay is a popular magician from Canada who runs his self titled channel. He has an estimated net worth of $3 million. His content is mainly composed of illusion tutorials, public illusion vlogs, reaction to bad magic, puzzles and anything else his viewers may find entertaining. Before becoming a gull time magician, he worked at the local bar where one particular customer used to tip him $50 every time he comes up with three new tricks. After this, he pursued a career as a rapper for 10 years and also worked as a construction laborer. He has also tried his luck with acting and got a couple of roles.
How Much Money Does Chris Ramsay Earn On YouTube?
The channel has over 5 million subscribers as of 2020 and has accumulated over 700 million views so far. It is able to get an average of 750,000 views per day from different sources. This should generate an estimated revenue of $3,800 per day ($1.4 million 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.
Chris makes extra income through sponsorship deals from various brands like LastPass, Honey, SkillShare, Dollarshave Club etc. He also makes more through doing live shows from time to time and other investments.