7-year-old YouTube star makes $22 million per year

A lot of people are making big bucks posting videos on YouTube, but you’d probably never believe the highest-earning YouTube star is only seven years old.

Ryan of Ryan ToysReview. This year he was YouTube's highest paid star earning $22 million. His videos have been watched nearly 26 billion times and he has 17 million subscribers.

His parents launched his YouTube channel about 3 and a half years ago. Ryan's videos are mostly what YouTubers call "unboxing" videos – showing what it's like to play with something new.

Apparently most of his fans are elementary school age.

On the Factor to talk about this is Anh Nguyen, founder of Amplified Marketing.