JAKARTA - TikTok is a relatively new social media platform, it was first launched nearly four years ago. However, a number of young stars from Chinese app are already on the path to billionaire status.
The video-sharing app was first released in October 2016. The content is often about users posting short clips of themselves dancing, singing, acting, performing magic tricks, or providing life advice.
TikTok's algorithm has enabled young content creators to thrive and quickly gain millions of loyal viewers, catapulting them to international celebrity status.
A new analysis of TikTok's earning potential reveals not only the popularity of these influencers but also immense wealth. They are believed to make even more money in the coming years.
Fresh Student Living has released a study on who the TikTok star is likely to become the world's first billionaire.
Using the “TikTok money calculator”, the researchers looked at the earning potential of some of the platform's most-followed users.
They then calculated how many years it would take each of them to get their first billion if they published an average of only five sponsored posts per year.
Charlie D'Amelio, who has more than 100 million TikTok followers, tops the list. The 16-year-old dancer can make between £ 46.532 and £ 77.974 for a single post, according to the study.
So far she has shared 1.748 posts, so to reach a billion, she will have to make 21.491 posts over the next 12 years and will eventually gain billionaire status in 2033 when she is 28 years old.
Under Charlie was Addison Rae, who needed to make 30.407 more posts to hit 1 billion by the time she is 37.
Next up is Zach King who is 31 years old. This TikToker magician only has 260 posts at the moment and will have to increase this number by 41.044 to make billions.
In fourth place is Bella Poarch, who will have to make 41.188 posts over the next 23 years to reach 1 billion.
Here are the top 5 TikTok stars who have the potential to become billionaires
1. Charlie D'Amelio - on track for billionaire status in 2033, age 28. Earnings per post: £ 46.532
2. Addison Rae Easterling - on track for billionaire status in 2038, age 37. Earnings per post: £ 3.887
Photo: Image: Addison Rae/Instagram)
3.Zach King - on track for billionaire status in 2043, age 53. Earnings per post: £ 24.364
4. Bella Poarch - on track for billionaire status in 2044, age 47. Earnings per post: £ 24.279
5. Spencer X - on track for billionaire status in 2046, age 53. Earnings per post: £ 22.125
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