(Last Updated On: February 26, 2020)
Doctor Mike Net Worth – $2 Million
Doctor Mike is a popular YouTube channel created by a Russian-American internet celebrity doctor whose real name is Mikhail Varshavski. He has an estimated net worth of $2 million. He first got famous after his Instagram account was featured on a Buzzfeed article titled “Um, You Really Need To See This Hot Doctor and His Dog”. He had joined Instagram to document his life as a medical student and combat the notion that one cannot have a life in medical school. After his residency, he joined a family practice with Atlantic Health System in Chatham, New Jersey. His content is mainly geared to make the field of medicine relatable, understandable and fun.
How Much Money Does Doctor Mike Earn On YouTube?
The channel has over 7 million subscribers as of 2020 and has accumulated over 830 million views so far. It is able to get average of 800,000 views per day from different sources. This should generate an estimated revenue of $4,000 per day ($1.5 million a year) from the ads that appear on the videos as they play.
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.
Doctor Mike makes extra income through his medical profession and lucrative brand deals from major brands like American Express thanks to his over 4 million follower count on Instagram.