How Much Money Does Gavin Magnus Make On YouTube – Net Worth
Gavin Magnus Net Worth – $3.5 Million
Gavin Magnus is a popular American actor, TV host and YouTuber who runs his own self-titled channel. He has an estimated net worth of $3.5 million. His content is mainly composed of challenges, pranks and filming any other activities that his viewers will find interesting. He often features his mum, siblings and girlfriend. Gavin became an official member of the Rock Your Hair squad in 2018 and was a host on DreamworksTV.
How Much Money Does Gavin Magnus Earn On YouTube?
The channel has over 8 million subscribers as of 2023 and has accumulated over 2 billion views so far. It is able to get an average of 4.5 million views per day(approx 90% of the views are from Shorts) from different sources. This should generate an estimated revenue of $3,600 per day ($1.3 million a year) from the ads that appear on the videos as they play.
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.
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.
Other Sources Of Income
Gavin makes extra income through investment income, merchandise sales and sponsorship deals from brands. He has promoted brands like Wondershare and others. Gavin has also ventured into doing music and here he makes extra income through streaming royalties from apps like Spotify and Apple Music. He gets an average of 100,000 listeners per month on Spotify.