How Much Money Do The Top TikTokers Make? The Top TikTok Earners
The highest-paid celebrities on TikTok made $55.5 million in total in 2021, a 200% increase from the year before. The app has become incredibly popular as a way to stay up to date on trends and connect with favorite celebrities. Many users turned their use of this platform into a career because of how widely it was used and how simple it was to use. The question of how much money a TikTokers can make is therefore one of the most pressing ones.
Additionally, we have listed how much money the best TikTokers can make, what requirements they must meet, and how they earn it in this article.
Who Are the Top TikTokers and How Much Do They Make?
A ranking of the top TikTokers with the biggest audiences was just published by Forbes. Only celebrities who made their debut on TikTok are included in the list. It’s no surprise that the TikTok channels of well-known actors and musicians are making millions of dollars. Only 2021 has been used in Forbes’ earnings calculations.
The top five most well-known TikTokers are represented, with Charli D’Amelio dominating with over 138 million followers and over $17 million in earnings. Her older sister Dixie D’Amelio follows Charli. With more than 57 million followers and $10 million in following to date, she came in second on Forbe’s list.
Many TikTok celebrities broadened their horizons beyond TikTok fame and ventured into other areas of the entertainment business. The D’Amelio sisters are frequently referred to as the next Kardashians and have their own TV show on HULU called “The D’Amelio’s Show.”
In the Netflix film “He’s All That,” Addison Rae scored the movie’s lead position. It briefly held the top spot in 78 nations. Currently, Addison has a following of more than 86 million, and she has made over $8.5 million on TikTok.
Bella Poarch, another well-known figure in Forbes’ Top Five, used TikTok as a springboard for her music career. In 2020, she started her TikTok career by uploading a lip-sync video to the song “M to B.” That year, her video on TikTok received the most views.
With over 25 million followers, Josh Richards completes the Forbes’ Top Five. He earned $5 million and co-hosts the podcast “BFFs” with Dave Portnoy.
The honorable mentions go to Avani Gregg and Kriss Collins, who earned $4.75 million over the past year.
Ways to Earn Money on TikTok
On TikTok, there are a few different ways to make money, some more successful than others. Depending on their following and engagement, TikTokers can make nine dollars per day or millions of dollars per post.
Here are a few ways that TikTokers can make money.
TikTok’s Creator Fund
TikTok established a fund in 2020 that gives money to creators who meet certain criteria. For instance, users must be at least 18 years old, have 10,000 or more followers, and have received at least 100,000 real video views in the previous 30 days.
This fund initially only served Americans, but it recently added citizens of Europe. Only users from the UK, Germany, Spain, Italy, and France, however, are qualified to apply for its advantages.
Even the top TikTokers shouldn’t have unreasonable expectations for their payouts, though. On “Creator Fund,” there is an ongoing online discussion between satisfied and dissatisfied users.
TikTok, according to general agreement, pays between two and four cents for each 1,000 views. The precise mechanism is still a mystery. According to that estimation, getting into a zone with millions of views is necessary to earn a sizable sum.
According to a Business Insider report, influencers with more than a million TikTok followers made slightly more than $1,500 over the course of five months.
The Creator Fund represents a substantial investment. For a popular TikToker to generate substantial income, all of their videos must rank highly. In essence, a hobbyist TikToker is unlikely to receive more than pocket change from the fund.
Sponsored Posts
TikTok began as an entertainment app, but as its user base grew to more than a billion users worldwide, it quickly expanded. These days, it’s frequently used as a marketing and promotion tool to expand businesses and raise awareness of numerous social issues.
With a sizable following and a highly engaged audience that fits their target demographic, businesses approach TikTokers. TikTokers are compensated for posting sponsored content, which frequently promotes songs or different branded goods.
Because sponsored posts are so common, TikTok has a built-in platform, the Creator Marketplace, to encourage partnerships between businesses and creators. It gives brands a way to find TikTokers who, despite their lack of virality, can provide good market outreach and produce the best results. A well-known TikToker cannot simply browse for collaborative businesses because the Creator Marketplace search options are brand-bound. The choice of a partner is made by the company.
Forbes claims that some of the more well-known TikTok users can make between $100,000 and $250,000 for each post, with the elite able to make $500,000 for each video on sponsored posts.
In fact, promoting songs in a video is one of the most common ways to make money on TikTok. This option is a tool used by record labels and music marketers to spread a song’s popularity.
TikTok Live Gifting
Another method of income for influencers is TikTok Live Gifting. Once they reach 1,000 followers, they are able to host live streams where their viewers can donate. The platform’s reach has made it hassle-free to donate in various currencies.
Users can give by exchanging TikTok coins for virtual gifts that can be given to their favorite content producers. They have various values and names like “Panda” and “Drama Queen.” Virtual gifts that are given to content creators are transformed into “diamonds” that can then be exchanged for cash through PayPal or another payment service.
The minimum and maximum withdrawal amounts are $100 and $1,000, respectively. However, the possibilities for giving are pretty much endless. Only live streams can use the TikTok donation feature, which makes the in-app connection extremely profitable for creators.
Influencers can also make money by using TikTok Live Gifting. They can host live streams where their followers can donate once they reach 1,000 followers. The platform’s accessibility has made it simple to donate in various currencies.
Users can give to their favorite content creators by exchanging TikTok coins for virtual gifts. They have various values attached and range from “Panda” to “Drama Queen.” Virtual gifts that content creators receive are transformed into “diamonds,” which they can then exchange for cash using PayPal or another payment platform.
The minimum withdrawal is $100, and the maximum withdrawal is $1000. The possibilities for giving, however, are essentially endless. Since only live streams can receive donations on TikTok, the in-app connection is especially profitable for creators.
Selling Through TikTok
Through TikTok, businesses and savvy entrepreneurs can also make money by promoting their goods secondarily. This operates in a manner akin to Instagram sponsored posts and advertisements. Typically, the Creator Marketplace partners with an established brand. To promote its services, a smaller business can set up and run its own TikTok account. User-generated content frequently contributes to this by boosting the channel’s popularity through hashtags and an algorithm that works in the background.[/vc_column_text][/vc_tta_section][/vc_tta_tabs][/vc_column][/vc_row]
Conclusion
TikTok has a large, intensely interested audience and is a rapidly expanding industry. Careers can be made or broken on this platform, and many people use it to find their paths. These TikTokers are making their mark on society by growing their businesses, advertising products and services, and launching fundraising campaigns.
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