What is Lily Petals 릴리가족 Net worth?

Lily Petals 릴리가족’s estimated net worth is $300,000. Read to know how we have calculated her net worth, earnings from YouTube, and other income sources.

Quick Intro

Lily Petals 릴리가족 is a South Korean YouTuber who is best known for uploading family vlogging on her channel, Lily Petals 릴리가족. Lily started the channel on November 28, 2006. Since then, she has earned more than 719k subscribers. Also, her channel has garnered a total of more than 144 million views as well. Besides YouTube, she has lots of fan followings on her other social media platforms. Also, she has more than 45.7k followers on her Instagram alone at the time of writing this article.  

How does Lily Petals 릴리가족 earn from YouTube?

Before making any calculations, we would like to make a statement that, the genuine calculations given below are made from the beginning of Lily Petals 릴리가족’s YouTube career. The estimation is not made on flawed guessing but, rather on concrete facts and figures collected directly from Lily’s YouTube details. Now let us take you to the journey full of numbers and ultimately know Lily Petals 릴리가족’s YouTube earnings.

Now, let us get started with the facts and figures. At the time of writing this article, Lily Petals 릴리가족 has exactly 719k subscribers. Lily has been consistent in uploading videos, with over 1,172 on her YouTube closet. These videos have earned more than a whopping 144,047,880 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 Lily’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. 

What is Lily Petals 릴리가족 earnings from YouTube?

FINALLY, let’s know what you have been waiting for.

As mentioned above, the total video view from the beginning is 144,047,880. So, now dividing it by 1000, the total number of 1000 views is 144048. 

Now, by taking an average of $3 per 1000 views, the total YouTube earnings is $432,144. 

ALSO READ: Net Worth of The Ace Family

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, Lily Petals 릴리가족’s estimated YouTube earnings is $345,716. 

Other Income

Sponsorship: As Lily has more than 45.7k followers on her Instagram account, advertisers pay a certain amount for the post they make. Considering Lily’s latest 15 posts, the average engagement rate of followers on each of her posts is 7.05%. 

Thus, the average estimate of the amount Lily charges for sponsorship is between $236.25 – $393.75.

After all the facts and figures explained above, and adding up his YouTube earnings and other income streams, her net worth is $300,000.  Also Read: DigitalNex Net Worth and Earnings