(Last Updated On: January 17, 2020)
DaveHax Net Worth – $3.4 Million
Dave Hax is one of the biggest lifehackers on YouTube. He has an estimated net worth of $3.4 million. He makes creative videos of him teaching the viewers easier ways to do different things using simple household items. He sometimes reworks classic things giving them a twist or cool science experiments. Dave is a trained engineer and he loves solving problems by finding shortcuts to make life a little bit easier.
How Much Money Does DaveHax Makes On YouTube
The channel has over 5 million subscribers as of 2020 and has accumulated over 1.8 billion views so far. An average of one video is uploaded everyday to the channel. The channel is able to get around 400,000 views per day and grows by around 1,000 new subscribers everyday. This should result in an estimated revenue of around $2,000 per day ($730,000 a year) from 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.