(Last Updated On: August 20, 2019)
Louis Rossmann Net Worth – $1 Million
Louis Rossmann is an American independent repair technician and right to repair advocate. He has an estimated net worth of $1 million. He is the owner of Rossman Repair Group located in New York City. It is a computer shop which he established in 2008 and has specialized in logic board-level repair of Macbooks. On YouTube, he provides various educational content based on what he finds as he repairs different problems on different devices. He teaches Macbook component level logic board repair from a common senses, everyman’s perspective and tries to make it seem viable and entertaining. He also uploads tutorials on life, business practices and right to repair videos.
How Much Money Does Louis Rossmann Earn On YouTube?
The channel has over 1 million subscribers as of 2019 and has accumulated over 150 million views so far. It is able to get an average of 200,000 views per day from different sources. This should generate an estimated revenue of $800 per day ($290,000 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, 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.
Louis makes the bulk of his income from the repair jobs at his workshop.