YouTube has created an advertising ecosystem that allows video content creators to be rewarded financially for their efforts. YouTube has one of the most lucrative ways to monetize content creators audience of any platform online. These monetary rewards have inspired a huge volume of creators to work diligently over long periods of time creating and uploading content for the chance to make large amounts of money.
YouTube pays its largest creators incredibly well through advertising fees, this is why many people are so attracted to it as a way to make a living. A good YouTuber with a large audience can make a living being a YouTube video creator. A great YouTuber can make a six-figure salary. The best YouTubers can become millionaires.
YouTube inspires the volume from video uploads and then can use its algorithm to see which ones audiences want to watch and optimize the user experience. Their real power comes from their algorithm and ability to get and keep people’s attention to show them ads. They have a vast ad network with a diversification of different industries.
YouTubers get paid based on the ad rate for their audiences. Ad rates differ between countries, industry, and category. The barrier to entry is high as it takes knowing analytics to produce the right videos. The videos must be high quality and there are many different models for being on camera, screen sharing, or animation.
Here are the top 10 richest YouTubers in the world.
Pinkfong Baby Shark
Vlad and Niki
Zee Music Company