Seven-year-old YouTuber makes £17.2 million in year

Seven-year old Ryan the star of his own You Tube channel Ryan ToysReview

According to Forbes, Ryan, from Ryan ToysReview, has topped the list of 2018's highest-earning YouTube stars, raking in US$22 million ($31.7m).

Ryan whose parents post his videos on the channel Ryan's Toy Reviews, is YouTube's top earner for 2018.

Ryan, whose last name hasn't been made public to protect his identity, beat top YouTubers such as Logan Paul, Felix Kjellberg (PewDiePie fame) and Markiplier.

"Ryan's just like every other 7-year-old: He loves Legos, trains, cars - and his 17 million followers", Forbes wrote. His latest mini-mogul move: "a line of collectibles and more, now selling at Walmart", the Forbes said in the announcement.

Like PewDiePie and the video game industry, Ryan has influenced the toy industry as his reviews - which get millions of views - can affect toy sales. Last year, he was No. 8 on Forbes' list, Business Insider reports.

Since launching his main channel in 2015, Ryan has amassed more than 17 million followers and close to 26 billion views.

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Asked why kids liked watching his videos, Ryan replied: "Because I'm entertaining and I'm amusing". Forbes notes that, not surprisingly, Ryan's fans are mostly other elementary school-aged kids. The remaining $1 million from sponsored posts.

Ryan also has a toy and apparel collection called Ryan's World which is sold exclusively at Walmart.

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

Ryan's twin sisters haven't been left out of the fun either: they feature in some videos on a related YouTube channel called Ryan's Family Review.

But he still earned nearly $20m, three million more than in 2017. Meanwhile, makeup guru Jeffree Star slid into fifth place with total earnings of $18 million for the year.

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