Meet Kevin Net Worth: How Much Money He Makes On YouTube
Meet Kevin Net Worth – $100 Million
Meet Kevin is a young real estate broker and investor from Florida, United States whose full real name is Kevin Paffrath. He has an estimated net worth of $100 million. He has worked daily in the real estate and construction fields since he was 17 years old. He used his first car to advertise his services while he was still in college in UCLA studying economics, psychology and writing/debate. He bought his first house for $305,000 which was substantially under market value. He refinanced it and pulled a home equity line of credit (HELOC) with an appraisal of $550,000. He saved as much as he could while investing into stock and used his HELOC to get his next rental property. He did renovations for himself plus many other people’s properties and made an average of $350,000 a year from this.
Kevin’s content on YouTube is mainly about his trials and tribulations of growing a real estate company with a heavy emphasis on providing more value to clients whether by designing, staging, construction or concierge real estate services.
How Much Money Does Meet Kevin Earn On YouTube?
The channel has over 2 million subscribers as of 2023 and has accumulated over 650 million views so far. It is able to get an average of 100,000 views per day from different sources. This should generate an estimated revenue of $1,500 per day ($550,000 a year) from the ads that appear on the videos. His channel is able to get above-average ad rates due to the topics of his videos generally being able to attract higher-paying advertisers.
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 Source Of Income
i) Real Estate, Investment and Stock Market Trading
Kevin has made most of his income through his real estate business where he owns over 22 properties but he is increasingly making more income through capital gains and options trading in the stock market. He also has a real estate course that he sells to people wanting to learn more about real estate & renovations. He has a $30 million investment in the stock market & crypto and $20 million in real estate. He does have some long-term debt to his name.
ii) Courses
Kevin sells different courses on some of the things he has learned investing in real estate and different hacks willing investors can follow to make extra returns. Other courses that he sells include stocks and psychology of money, getting things done faster with A.I, DIY property management, real estate sales and making money from YouTube.
iii) Sponsorships
Kevin has worked with a variety of companies to directly advertise their products on his channel. He has promoted brands such as MooMoo, Established Titles, FTX, Composer, Rocket Money, Ritual, Master Works and many others.