(Last Updated On: April 18, 2018)
JR Garage Net Worth – $4.5 Million
JR Garage is a YouTube channel run by a guy named Jeffrey together with his brother. They have an estimated net worth of $4.5 Million. The two are serial entrepreneurs starting their first business when they were 6 and 8 years old. They have grown so much and ventured into areas like investment, wholesale & retail, stock market, car rentals, digital marketing, YouTube, app development, online marketplace, clothing lifestyle brand, graphic designs, affiliate marketing, drop shipping business, affiliate marketing, social media marketing and consulting, reselling historical items (coins & currency) etc.
They currently own a Ferrari, Lambo, Dodge Viper, BMW M3, Corvette, Tesla etc all bought when they were still in high school.
How Much Does JR Garage Earn On YouTube?
The channel has over 800,000 subscribers as of 2018 and has accumulated over 80 million views so far. It is able to get an average of 70,000 views per day. This should generate an estimated revenue of around $130 per day ($50,000 a year) from the ads that run on the videos.
YouTubers get paid between $2 – $5 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, ad engagement 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.
Majority of JR Garage’s income has been made off YouTube through other means.