Michelle Choi Net Worth: How Much Money She Makes On YouTube
Michelle Choi Net Worth – $700,000
Michelle Choi is a popular content creator on YouTube who was born in Seoul, South Korea and currently lives in New York. She has an estimated net worth of $700,000. Her content is mainly her sharing her experiences on how she is navigating her 20s through conversations about mental health wellness, beauty and life in New York. She has a series named Living Alone Diaries where she updates her viewers on her life living alone. She uploads an average of 1 video a week.
How Much Money Does Michelle Choi Earn On YouTube?
The channel has over 2 million subscribers as of 2023 and has accumulated over 200 million views so far. It is able to get an average of 130,000 views per day from different sources. This should generate an estimated revenue of $1,000 per day ($365,000 a year) from the ads that appear on the videos.
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.
Michelle is able to generate extra income by various sponsorship deals from different companies. She has promoted brands such as Neiman Marcus, Brooklinen, iHerb, Primal Kitchen, Dell Technologies, Uber Reserve, Function Of Beauty, Madewell and many others.