(Last Updated On: May 5, 2019)
Collins Key Net Worth – $8 Million
Collins Key is a magician and internet personality who runs his own self titled YouTube channel. He has an estimated net worth of $8 million. The content in his channel is anything entertaining and this ranges from challenges, vlogs, collaborations, magic tricks, pranks, skits, experiments and many more.
Collins has always wanted to be an entertainer and performing since he was young . He discovered he was into magic when he was 12 and was accepted at Magic Castle’s Junior program. When he was 16 he got accepted in the auditions for Season 8 of America’s Got Talent where we went all the way to the finals of the competition.
How Much Money Does Collins Key Earn On YouTube?
The channel has over 20 million subscribers as of 2019 and has accumulated over 4 billion views so far. In a day, it gets an average of 4.5 million views from various sources. This should generate an estimated revenue of around $18,000 per day ($6.6 million a year) from the ads that run 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.
Collins Key generates extra income through the selling of merchandise on his website which include items like T-shirts