Austin Evans Net Worth: How Much Money He Makes On YouTube
Austin Evans Net Worth – $8.4 Million
Austin Evans is a tech reviewer with a self-titled YouTube channel. He has an estimated net worth of $8.4 million. He reviews all types of gadgets from gaming PCs to smartphones and cameras. He also does monthly gaming PC builds. Austin started out back in 2009 when he was writing reviews for a website run by his friend. His friend then suggested he try making a video version of his reviews and things took off from there.
How Much Money Does Austin Evans Earn On YouTube?
Austin Evans has over 5.8 million subscribers on his channel and has amassed over 1.6 billion views so far since he started out. 2-3 videos are uploaded weekly, and the channel gets an average of 300,000 views daily (approximately 20% of the views are from Shorts). This should result in an estimated revenue of around $1,900 per day ($700,000 a year) from ads that run 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 gives eligible creators the ability to connect their store 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 Sources Of Income
Austin makes extra income through brand deals. He has promoted brands such as Last Pass, LG, Keeps, Asus, Visible, Mattel, Dropbox, Lenovo, HP, BeSpoke Post, Google and others.