(Last Updated On: January 2, 2021)
Philip DeFranco Net Worth – $7 Million
Philip Franchini Jr is the guy who runs the YouTube channel Philip DeFranco. His channel is mainly about reporting various news happening and a different variety of topics then gives his opinion on it after which he asks his viewers to create a conversation around it. He has generated an estimated net worth of $7 million from the channel and other ventures related to it.
Philip was able to win a Spore Creature Creator contest and Wired’s Sexiest Geek of 2008 which were done on online polls. He was born in New York and was a student at University of South Florida. He used to work as a waiter in a number of restaurants when he was starting out on YouTube.
How Much Money Does Philip DeFranco Earn Online?
The channel has over 6.4 million subscribers as of 2020 and has accumulated over 2.9 billion views since 2006. In a day the channel get an average of 450,000 views across all its videos and in turn this should generate an estimated revenue of around $3,600 per day ($1.3 million a year) from ads that run on the videos.
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, 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.
Philip makes a lot of extra income from merchandise sales and sponsorship deals which pay tens of thousands of dollars. He also has a Patreon account where fans subscribe with a monthly fee for exclusive content. Currently, he has over 16,000 supporters on the platform who together contribute around $80,000 a month.