JoJo Siwa Net Worth: $7 million
BIO AND WIKI
JoJo Siwa is an American YouTuber, Dancer, singer, and actress who is best known for uploading pranks, challenges, reaction, comedy videos and vlogs on her channel, Its JoJo Siwa. At the moment, she has earned more than 10.2 million subscribers. Also, her channel has garnered a total of more than 2.5 billion views as well. Besides YouTube, she has lots of fan followings on her other social media platforms. Also, she has more than 8.7 million followers on her Instagram alone at the time of writing this article.
She was able to reach the top 5 finalists on the second season of the popular dance reality series Abby’s Ultimate Dance Competition. Not just that, she was named the youngest dancer to make it to the season 2 finale. Due to her newfound popularity through the show, she was cast in the 2018 Nickelodeon TV movie named Inside Voice.
JoJo Siwa’s YouTube Earnings Calculation
Before making any calculations, we would like to make a statement that, the genuine calculations given below are made from the beginning of JoJo Siwa’s YouTube career. The estimation is not made on flawed guessing but, rather on concrete facts and figures collected directly from JoJo’s YouTube details. Now let us take you to the journey full of numbers and ultimately know JoJo Siwa’s YouTube earnings.
Now, let us get started with the facts and figures. At the time of writing this article, JoJo Siwa has exactly 10.2 million subscribers. JoJo has been consistent in uploading videos, with over 497 on her YouTube closet. These videos have earned more than a whopping 2,556,394,641 views till now.
WAIT, now comes the crucial piece of information which you should definitely know to understand the meaning of the results and estimation of JoJo’s YouTube earnings below.
First off, YouTube pays YouTubers by placing a piece of ads while the viewers watch their videos. Do you remember the annoying ads popping all over your face?
(Image source: parqamarketing.com)
Yup, that is the main source of their income and earnings. For every 1000 views, advertisers pay an average of $2 – $5, which varies factors such as devices, location, types of ads, user engagement and many more. Now, YouTube takes its cut of 45% of the overall advertising revenue.
For example: if an advertiser paid the average $5 CPM (Cost per 1000 views), YouTubers get 55% of $5 = 2.75, and the remaining 2.25 goes to Google (45%). Hope it clears the general idea of the YouTube earning system.
FINALLY, let’s know what you have been waiting for.
As mentioned above, the total video view from the beginning is 2,556,394,641. So, now dividing it by 1000, the total number of 1000 views is 2,556,394.641.
Now, by taking an average of $3 per 1000 views, JoJo Siwa’s YouTube earning is $7,669,182.
HOLD ON? NO TAX FOR YOUTUBERS?
Does any Government leave a person who earns from any sources? – A BIG NO. Generally, YouTubers fall into the category of people who are self-employed.
According to medium.com, YouTubers fall into the category of 20% tax bracket as self-employed individuals.
So, deducting 20% from the above results, JoJo Siwa’s estimated YouTube earnings is $6,135,345 (Approx. $). Now, this is the closest estimation of JoJo Siwa’s YouTube earnings that you possibly could get in the entire Internet.
Sponsorship: As JoJo has more than 8.7 million followers on her Instagram account, advertisers pay a certain amount for the post they make. Considering JoJo’s latest 15 posts, the average engagement rate of followers on each of her post is 0.98%.
Thus, the average estimate of the amount JoJo charges for sponsorship is between $17,327 – $28,878.
JoJo Siwa’s Net worth
Thus, after all the facts and figures explained above, and adding up his YouTube earnings and other income streams, JoJo Siwa’s estimated net worth is $7 million. Even after all these explaining and calculations, if you don’t believe it then, “GOD BLESS YOU!