Skipping School, Making Millions: Top Creator’s Success Story

We used the Forbes Top 50 Creators 2023 report to examine the academic backgrounds of leading creators, including Mr. Beast, Khaby Lame, Logan Paul and Brent Rivera. Our analysis is based on the publicly available educational histories of 48 out of the top 50 creators featured on the Forbes list^[1].

Key Takeaways

• Creators with a high school degree are pulling in an impressive $15 million on average, whereas their counterparts with a Master’s degree are averaging 3x lower at $5 million
• The top 3 Creators, Mr. Beast (Jimmy Donaldson), KSI (Olajide Olatunji), and Jake Paul, all stopped their formal education at high school.
  • Their average earnings stand at $47M, vs the overall average for the group $14M
• 96% creators have completed their high school education. Emma Chamberlain and Josh Richards are two creators who are high school dropouts.
• 56% completed bachelor’s and 19% dropped out in between to become full-time creators.
• 9% of creators – Mark Rober, Christina Najjar, and Drea Okeke – are the most educated with a Master’s degree.
• 5 of the creators received their education through homeschooling.

Education Attainment of Top Creators

While traditional wisdom holds that education is the key to success, in the digital age, producing 30-second YouTube videos can sometimes be more rewarding than earning a four-year degree. Let’s explore how the top creators have balanced their education and passion to achieve remarkable success.

96% (46 of 48) of creators have completed high school, surpassing the national average of 93.3%^[3]

Out of 48 top creators, 27 (56%) completed their college, 9 (19%) are college dropouts, and 12 (25%) never attended college.

9% (3) of creators completed their master’s degree and one dropped out in between to become full-time creators.

The national average for degree completion of undergraduates is 64%^[4]

Earnings of Top Creators by Highest Educational Attainment

Just having a higher education degree won’t necessarily lead to big bucks in the creator economy. In fact, we’re seeing that for creators the more you study, the less you might earn!

• The average earning for a top creator with a high school degree is $15M.

• The average earning for a top creator with a bachelor’s degree is $10M.
• The average earning for a top creator with a master’s degree is $5M

The study excluded two creators, Dream and Michael Le, as their educational histories were not available.

^#Gross earnings calculated between June 2022 and June 2023

*Includes those creators who were home-schooled

High School Dropouts

• Emma Chamberlain with earnings of $20M and Josh Richards at $5M are notable high school dropouts among creators.

Creators with highest educational attainment as high school

• 9 creators have their highest educational qualification as high school.
• Jake Paul leads in earnings among the 10 creators who stopped their education at high school, with estimated earnings of $34M.
• Average earnings of these creators is $15M

Creators who are college dropouts

• 9 creators are college dropouts
• Mr. Beast leads in earnings among the 9 creators who are college dropouts, with estimated earnings of $82M.
• Average earnings of college drop outs is $26M

Creators with highest educational attainment as Bachelor’s

• 24 creators have the highest education degree as bachelor’s
• Rhett & Link lead in earnings among the 24 creators whose highest educational level is college, with estimated earnings of $35M.
• Average earnings of college drop outs is $10M

Creators with highest educational attainment as Master’s degrees

• 3 creators completed their Master’s degrees: Christina Najjar (Tinx), Mark Rober, and Drea Okeke (Drea Knows Best).
• One, Mikayla Nogueira, dropped out of her Master’s degree to become a full-time influencer.

Home-Schooled Creators

• 10% of the creators (5) received their education through homeschooling.
• Ryan Kaji from “Ryan’s World,” who is just 14 years old, is currently being homeschooled.
• At national level^[5], 2.8% is the number of homeschooled children

Their journeys illustrate that success is not solely defined by formal education but by passion, creativity, and relentless dedication. While some creators hold advanced degrees, many have achieved the pinnacle of their fields through alternative routes. This demonstrates that the traditional path to success is not the only way; one can achieve one’s dreams by following one’s passion and working diligently.

Methodology

For our analysis, we utilized Forbes’ Top 50 Creators 2023 report to examine the educational backgrounds of the creators. We consulted sources like Wikipedia, Wikitubia, and other relevant websites to gather academic information. We got the educational records of 48 creators out of 50. The rates for the national average are taken from the official website of the National Sector for Education Statistics and US Bureau of Labor Statistics.

Annexure

Academic Background of top 50 Creators

References

^[1]Forbes Top Creators 2023 (Forbes Top Creators 2023: The Richest On TikTok, Instagram & YouTube)

^[2]Median annual earnings of full-time tear-round workers 25 to 34 years old- National Sector for Education Statistics (Median annual earnings of full-time year-round workers 25 to 34 years old and full-time year-round workers as a percentage of the labor force, by sex, race/ethnicity, and educational attainment: Selected years, 2005 through 2022)

^[3]Trends in High School Dropout and Completion Rates- National Sector for Education Statistics (Trends in High School Dropout and Completion Rates in the United States: 2019)

^[4]Undergraduate graduation rates- National Sector for Education Statistics (Fast Facts: Undergraduate graduation rates (40))

^[5]Home-Schooling rates- National Sector for Education Statistics (Fast Facts: Homeschooling (91))