DanTDM Net Worth: How Much Money He Makes From YouTube
TheDiamondMinecart (DanTDM) Net Worth – $114 Million
The Diamond Minecart gaming channel was created by a guy named Daniel Middleton. His main focus is on the hit game Minecraft. He posts daily reviews and game-play videos on the channel and this has made him attract a massive fan-base. At one point he was the most-watched YouTube channel in the world.
Dan was born in Aldershot England and is the eldest of two siblings. He started YouTube by posting Pokemon videos while he was in Northampton University. He started The Diamond Minecart channel in 2012 focusing on the children’s audience. Through all the hard work, DanTDM has been able to amass an estimated net worth of $114 million over the years from income from his two channels, sponsorship deals and other sources.
How Much Money TheDiamondMinecart/DanTDM Earns On YouTube
DanTDM has over 30 million subscribers as of 2024 and has accumulated over 20 billion video views since its creation in 2012. This is massive in such a short time span. Daniel uploads a video at least once a day, indicating how much commitment he has put into this game. His channel generates an average of 800,000 views (approximately 5% of the views are from Shorts) every single day while it grows by an average of 1,000 subscribers daily. On average, he makes around $6,000 every day ($2.2 million a year) from the ads that appear on the videos.
The second channel MoreTDM has over 3 million subscribers even though it as been inactive for a long time. It gets an average of 100,000 views per day which should generate an estimated revenue of around $180 per day.
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.
Other Sources Of Income
i) Sponsorship Deals
The Diamond Minecart Channel can generate even more revenue from merchandise sales and other direct sponsors such as Telltale Games, Best Fiends, Disney etc. He recently inked a deal with Trapeze to publish a graphic novel by the name Trayaurus and the Enchanted Crystal.
ii) Investments
These are generally assets that one can acquire to generate passive income through income generation or capital appreciation (increase in value). An example can be the stock market which has delivered an average annual return of 8% over the past couple of decades. Other investment options can include real estate, bonds, savings accounts, art, collectibles and many others.
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.