(Last Updated On: April 21, 2019)
MrGear Net Worth – $5.5 million
Mr. Gear is a YouTube who has gotten really popular due to the viral videos he posts. He has an estimated net worth of $5.5 million. A majority of his content are just life hack videos where he demonstrates how to solve simple household problems using everyday objects we may come across. He also does science experiments testing our and recording results of various dangerous experiments most would not think of. The identity of the guy behind the camera is still currently unknown.
How Much Money Does MrGear Earn On YouTube?
The channel has over 10 million subscribers as of 2019 growing by an average of 1,000 subs daily and has accumulated over 2.7 billion views. It is able to get an average of 500,000 views per day from its widely shared videos. This is able to generate an estimated revenue of around $2,000 per day ($730,000 a year) from the advertisements 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 long the viewers watch their videos, the more money they earn.