(Last Updated On: October 15, 2019)
Mike Boyd Net Worth – $500,000
Mike Boyd is a popular YouTuber from the United Kingdom with his own self titled channel. He has an estimated net worth of $500,000. The idea of actively doing YouTube came about when he made a video documenting his process of learning a new skill in a really short time. It ended up resonating with people so he decided to learn a bunch of other skills. Every month he picks a new challenge and tries to conquer it as quickly as possible. He uploads an average of one or two videos every month.
How Much Money Does Mike Boyd Earn On YouTube?
The channel has over 2.5 million subscribers as of 2019 and has accumulated over 250 million views so far. It is able to get an average of 350,000 views per day from different sources. This should generate an estimated revenue of $1,400 per day ($500,000 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.
Mike makes extra income through brand deals from different companies willing to sponsor some of the videos.