(Last Updated On: May 11, 2020)
Tim Schofield Net Worth – $500,000
Tim Schofield is a tech YouTuber from the United States who runs his self titled channel. He has an estimated net worth of $500,000. He named his show “Your Tech Simplified”. His content is basically showing off the latest in technology including phones, PCs, laptops, headphones etc. He does reviews, unboxings, tutorials and much more. Tim has a degree in business management from Judson University and graduated in 2014.
How Much Money Does Tim Schofield Earn On YouTube?
The channel has over 700,000 subscribers as of 2020 and has accumulated over 200 million views so far. It is able to get an average of 140,000 views per day from different sources. This should generated an estimated revenue of $700 per day ($250,000 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, 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, 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.