(Last Updated On: January 28, 2020)
Mumbo Jumbo Net Worth – $4 Million
Mumbo Jumbo is a gaming YouTube channel created by a British guy named Oli. He has an estimated net worth of $4 million. He mainly does Minecraft videos focusing on technical elements of the game, doing tutorials on various elements of redstone and also runs a Vanilla Survival Let’s Play series on the Hermitcraft server. Oli also has his own vlogging channel known as Mumbo vlogs where he posts videos about his adventures doing different things.
Oli is a big fan of cars and has a cat named Benji. He was accepted into Oxford University to do Computer Science/Programming but currently taking a break to purse other opportunities.
How Much Money Does Mumbo Jumbo Earn On YouTube?
The main channel has over 5.5 million subscribers growing by 1,000 subscribers daily and has accumulated over 1.8 billion views so far. It is able to get an average of 1.4 million views per day and this should result in an estimated revenue of around $7,000 per day ($2.5 million a year) from the ads on the videos.
Mumbo Vlogs has over 130,000 subscribers and is able to get an average of 10,000 views per day. This should generate an estimated revenue of around $15 per day.
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.
Mumbo gets extra income through the selling of merchandise through his website and donations to his Patreon account. He also has a Twitch account where he has ad revenue, paying subscribers and also gets donations during his streams.