What is Mike Chen Net worth?

Mike Chen’s estimated net worth is $2 million. Read to know how we have calculated his net worth, earnings from YouTube, and other income sources.

Quick Intro

Mike Chen is a Chinese YouTuber who is best-known for uploading food-related videos on his channel, Strictly Dumpling. Mike started the channel on October 28, 2013. Since then, he has earned more than 4.01 million subscribers. Also, his channel has garnered a total of more than 894 million views as well. Besides YouTube, he has lots of fan followings on his other social media platforms. Also, he has more than 195k followers on his Instagram alone at the time of writing this article.  He also runs the insanely popular mystery and paranormal channel Beyond Science

How does Mike Chen 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 Mike Chen’s YouTube career. The estimation is not made on flawed guessing but, rather on concrete facts and figures collected directly from Mike’s YouTube details. Now let us take you to the journey full of numbers and ultimately know Mike Chen’s YouTube earnings.

Now, let us get started with the facts and figures. At the time of writing this article, Mike Chen has exactly 4.01 million subscribers. Mike has been consistent in uploading videos, with over 592 on his YouTube closet. These videos have earned more than a whopping 894,669,328 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 Mike’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 Mike Chen earnings from YouTube?

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

As mentioned above, the total video view from the beginning is 894,669,328. So, now dividing it by 1000, the total number of 1000 views is 894670. 

Now, by taking an average of $3 per 1000 views, the total YouTube earnings is $2,684,010. 

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, Mike Chen’s estimated YouTube earnings is $2,147,208. 

Other Income

Sponsorship: As Mike has more than 195k followers on his Instagram account, advertisers pay a certain amount for the post they make. Considering Mike’s latest 15 posts, the average engagement rate of followers on each of his post is 1.21%. 

Thus, the average estimate of the amount Mike charges for sponsorship is between $583.5 – $972.5.

After all the facts and figures explained above and adding up his YouTube earnings and other income streams, his net worth is $2 million.  Also Read: Tavarish Net Worth and Earnings