OMG! Check out how this 8-year-old boy earned N7.9 Billion on social media in a year

Latest gist

An eight-year-old American boy who reviews children’s toys online has been named as the world’s highest earning YouTube creator. Ryan ToysReview, an American kid who loves Lego, trains, cars, Disney and his 17 million followers who generated him over 26 billion views

And thanks to his content, young Ryan has managed to earn $22 million (£17 million) in 2018 with appearances from his parents and twin sisters. Ryan’s earnings, which do not include tax or fees charged by agents or lawyers, have doubled compared with the previous year when he was placed in eighth place after bringing in $11 million (£8 million) in revenue between 2016 and 2017.

Ryan, who publishes videos most days with his mum, dad and twin sisters under the name Ryan ToysReview, is estimated to have earned £17 million ($22m) in the last year. Read more: ‘Find the next Blue Peter and Grange Hill’: Minister launches £60m Children’s TV fund The channel has racked up 26 billion views and 17.3 million followers since launching in March 2015 with a homemade video of Ryan playing with Lego.

A video in which Ryan, then five or six-years-old, finds toy eggs on an inflatable water slide has been viewed 1.6 billion times. Asked why kids liked watching his videos, Ryan replied: “Because I’m entertaining and I’m funny.” Biggest earner All but around £1 million of the income comes from adverts shown before videos, with the rest from sponsorship deals. Read more: Wannabe YouTubers expect to earn more than investment bankers Forbes, which compiled the estimates, said his sponsorship income is relatively low as “the result not only of how few deals Ryan (or his family) chooses to accept, but also the fact that his pint-sized demographic isn’t exactly all that flush”.

As he is still a child, 15 per cent of Ryan’s earnings are put into a bank account that he will be able to access when he turns 18. While his income has doubled in the last year, it is expected to rise sharply again after he began selling an exclusive range of toys and clothing with US supermarket Walmart. A video of Ryan visiting Walmart to look at his own product range has been viewed 14 million times. YouTube rich list The school child has out-earned some of YouTube’s biggest names, including Jake Paul, PewDiePie and Logan Paul.

The 10 Richest YouTubers of 2018

1. Ryan ToysReview – $22 million (£17 million)

2. Jake Paul – $21.5 million (£16.8 million)

3. Dude Perfect – £20 million (£15 million)

4. DanTDM – $18.5 million (£14.5 million)

5. Jeffree Star – $18 million (£14 million)

6. Markiplier – $17.5 million (£13.7 million)

7. Vanoss Gaming – $17 million (£13 million)

8. Jacksepticeye – $16 million (£12.5 million)

9. PewDiePie – $15.5 million (£12 million)

10. Logan Paul – $14.5 million (£11 million)

The tooth fairy rewarded him with $20 under his pillow for the lost nasher. Equivalent to his income every 30 seconds.

Inn’t Ryan a genius…..Kindly share your views and opinion about a child engaging in this kind of online business in Nigeria at a tender age