By Ismail Auwal
A 9-year-old American kid, Ryan Kaji, has emerged the highest paid YouTuber of 2020, according to a list released by American business magazine, Forbes, on Friday.
The list showed that the kid’s YouTube Channel Ryan’s World, earned him an estimated of $29.5 million which is equivalent to 12-billion naira pre-tax earnings, from June 1, 2019, to June 1, 2020.
Ryan earned over 8% of the total N147 billion naira budgeted for 2021 by Kano State Government, all within the span of just 12 months on YouTube.
The ongoing digital revolution has accelerated this year as employers everywhere turn to remote working in response to the pandemic.
Ryan also accumulate an another $200m from Ryan’s World branded toys and clothing, including Marks & Spencer pyjamas.
“The bulk of his business comes from licensing deals for more than 5,000 Ryan’s World products—everything from bedroom decor and action figures to masks and walkie talkies,” the magazine said.
Raji, christened “child influencer”, kickstarted his foray into making YouTube videos in 2015 after watching other toy review channels — a development which piqued his curiosity.
His YouTube channel — which focuses on “unboxing” and reviewing toys and games — has continued to pull the strings since it was launched. Ryan’s World has 41.7 million subscribers and over 12.2 billions views.
‘Huge Surprise Toys Challenge’, Kaji’s most popular video, has also snagged over two billion views — making it one of the most-viewed videos on YouTube.
The young boy’s family, who earlier changed Guan, their real surname, to Kaji, his on-screen surname, also currently runs nine YouTube channels.
This makes it the third consecutive time Kaji would emerge the highest-paid YouTuber of the year.
The Guardian UK reports that the nine-year-old and his family, however, are grappling with a threat from the US Federal Trade Commission (FTC) investigation amid allegations that videos’ sponsors are not properly disclosed.
“Nearly 9% of the Ryan ToysReview videos have included at least one paid product recommendation aimed at preschoolers, a group too young to distinguish between a commercial and a review,” it quoted Truth In Advertising, a consumer watchdog, as saying in a complaint.
“These advertisements often depict unhealthy foods,” it added.
YouTube influencers make money in a few different ways. One of the most traditional ways is making money on videos per view.