LaurDIY’s Net Worth: $4 million (Details are below)
BIO AND WIKI
LaurDIY is an American YouTuber who is best-known for uploading DIY tricks, tips, and tutorials and life hack videos in her channel, LaurDIY. At the moment, she has earned more than 9 million subscribers. Also, her channel has garnered a total of more than 1.1 billion views as well. Besides YouTube, she has lots of fan followings on her other social media platforms. Also, she has more than 5.1 million followers on her Instagram alone at the time of writing this article.
LaurDIY’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 LaurDIY’s YouTube career. The estimation is not made on flawed guessing but, rather on concrete facts and figures collected directly from Lauren Riihimaki’s YouTube details. Now let us take you to the journey full of numbers and ultimately know LaurDIY’s YouTube earnings.
Now, let us get started with the facts and figures. At the time of writing this article, LaurDIY has exactly 9 million subscribers. Lauren Riihimaki has been consistent in uploading videos, with over 651 on her YouTube closet. These videos have earned more than a whopping 1,181,774,557 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 Lauren Riihimaki’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?
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 gets 55% of $5 = 2.75, and the remaining 2.25 goes to Google (45%). Hope it clears the general idea of YouTube earning system.
FINALLY, let’s know what you have been waiting for.
As mentioned above, the total video view from the beginning is 1,181,774,557. So, now dividing it by 1000, the total number of 1000 views is 1,181,774.557.
Now, by taking an average of $3 per 1000 views, LaurDIY’s YouTube earning is $3,545,323.
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, LaurDIY’s estimated YouTube earnings is $2,836,258 (Approx. $2.8 million) after deducting tax. Now, this is the closest estimation of LaurDIY’s YouTube earnings that you possibly could get in the entire Internet.
Sponsorship: As she has more than 5.1 million followers on her Instagram account, advertisers pay a certain amount for the post they make. Considering her latest 15 posts, the average engagement rate of followers on each of her post is 3.40%.
Thus, the average estimate of the amount she charges for sponsorship is between $10,307 – $17,178.
Merchandise: As a popular YouTuber, many of her fans and viewers have demanded her own merchandise.
Fortunately, she has provided his own merchandise which is sold through, laurdiy.com https://laurdiy.com/. At the moment, she mostly sells a custom-made T-shirt, hoodies and other accessories with various stickers and prints.
The prices of the merchandise range from $2 – $100 which is very affordable and gets ‘sold out’ time and again.
LaurDIY’s Net worth
Thus, after all the facts and figures explained above, and adding up his YouTube earnings and other income streams, LaurDIY’s estimated net worth is $4 million. Even after all these explaining and calculations, if you don’t believe it then, “GOD BLESS YOU!”