(Last Updated On: January 29, 2020)
Engineering Explained Net Worth – $1 Million
Engineering Explained is a YouTube channel run by a guy named Jason Fenske. He has an estimated net worth of $1 million. The content in it is mainly about how cars work and generally about automotive engineering topics. Jason is a Mechanical Engineer from North Carolina State University. He is interested in the evolution of technology in the automotive industry.
How Much Money Does Engineering Explained Earn On YouTube?
The channel has over 2.8 million subscribers as of 2020 and has accumulated over 470 million views so far. In a day, it gets around 240,000 views from a variety of sources. This should generate an estimated revenue of around $1,200 per day ($440,000 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.
Jason get extra income through sponsored videos from companies like Pennzoil, Gumout etc who pay thousands of dollars for exposure. He also get income from affiliate sales from Amazon.