(Last Updated On: February 22, 2020)
Goonzquad Net Worth – $1 Million
Goonzquad is a popular YouTube channel that features two guys from the United States who rebuild cars. They have an estimated net worth of $1 million generated from the channel. Their content is mainly them buying damaged cars and filming themselves as they rebuild the cars step by step in their backyards till they are fully restored. They have worked on cars like Mustang GT, Dodge Hellcat, Camaro ZL1 and others. The main reason why the channel was created is to show the average person that they can get their hands dirty and try things they never thought they could do so.
How Much Money Does Goonzquad Earn On YouTube?
The channel has over 2.4 million subscribers and has accumulated over 500 million views so far. It is able to get an average of 680,000 views per day from different sources and locations. This should generate an estimated revenue of around $3,400 per day ($1.2 million a year) from the ads that appear in the videos.
YouTubers get paid between $2 – $7 per 1000 monetized views after YouTube takes its cut. Monetized views range from 40% – 60% 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.
They make extra income through selling merchandise and selling so of the cars they have rebuilt.