The 7-year-old making $31.7m — YouTube top earners

Jake Paul Twitter  RyanToysReview YouTube

Jake Paul Twitter RyanToysReview YouTube

A seven-year-old boy, Ryan, who is a toy reviewer is the biggest earner on You Tube, grossing £17.3 million or $22million in a year, Forbes has revealed.

Jack's channel has over 10 billion views and over 20.7 million subscribers.

According to Forbes, about $21 million of the channel's earning came from pre-roll advertising on his channels Ryan ToysReview and Ryan's Family Review.

He also has a line of toys selling at Walmart and Target, NBC News reported.

One video alone, titled "HUGE EGGS Surprise Toys Challenge with Inflatable water slide" has amassed 1.6 billion views.

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Coming in at second place on Forbes' annual Highest Paid YouTube Stars list was former Disney actor Jake Paul, who took home an easy $29.2 million.

Asked why kids liked watching his videos, Ryan replied: "Because I'm entertaining and I'm amusing".

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The remaining $1 million came from sponsored posts.

The short, simple videos of Ryan playing and giggling over toys have won over millions around the world.

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Ryan's parents are reportedly putting 15 percent of his earnings away into a bank account until he is a legal adult.

The 7-year-old's earnings from his channel "Ryan ToysReview" before taxes reportedly doubled in comparison to the last year. Thanks to sponsorships and paid posts, these social media stars can earn as much as a CEO of an worldwide company.

The top five was rounded out by make-up artist Jeffree Star, who made £14.1m.

Markiplier beat out Canadian gamer Evan Fong, of Vanoss Gaming, by a half-million, earning $17.5 million and $17 million, respectively.

The younger brother of Logan Paul, Jake has earned a load of money in the past year from his successful merchandise business.

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All earnings estimates are calculated from June 1, 2017 through June 1, 2018.

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