In 2021, the seven highest paid TikTok stars collectively earned $ 55.5 million, up 200% from a year earlier. The revenue of the platform’s most popular users has skyrocketed over the past year, thanks in part to their efforts to become famous outside of TikTok. Over the course of the year, they began to earn more than some heads of large companies.
The highest paid on the platform are sisters Charli D’Amelio and Dixie D’Amelio. Together they managed to earn $ 27.5 million in 2021 (17.5 and 10 million, respectively). But this is not only income from TikTok, but also from advertising and participation in concerts. They have their own show on Hulu, clothing brand Social Tourist, and a joint venture with Hollister. All this allowed them to earn $ 7 million more than in 2020. For comparison, Starbucks CEO Kevin Johnson earned $ 14.7 million in 2021, and McDonald’s CEO Chris Kempczinski earned $ 10.8 million.
According to Wall Street Journal analysis of MyLogIQ data, the average salary of S&P 500 CEOs in 2020 was $ 13.4 million, most of which are bonuses and bonuses. Of course, some S&P 500 CEOs earn much more. For example, Robert Kotick of Activision-Blizzard received nearly $ 155 million, and Apple CEO Tim Cook received almost $ 99 million. There are several top managers who have made even more money.
TikTok’s celebrity income has skyrocketed along with the app’s incredible skyrocketing popularity. The service belongs to the Chinese company ByteDance and is distinguished by some secret algorithms that show users content that they will definitely like.
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