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

Highest-Paid YouTube Star Is 7 Years Old

Ryan has six other channels as well as ToysReview, three of which are gaming channels. (His family also runs Ryan's Family Review, which has more than 3 million subscribers.) In an interview with NBC News last month, Ryan, who started filming toy videos with his parents when he was 3, said he wants to be a game developer when he grows up.

While his income has doubled in the previous year, it is expected to rise sharply again after he began selling an exclusive range of toys and clothing with United States supermarket Walmart.

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

"I'm entertaining and I'm amusing", Ryan recently told NBC interview, explaining his appeal. The video featured Ryan opening and reviewing a box containing more than 100 toys from Pixar's Cars series.

Coming in a close second on the list was former Disney actor Jake Paul, who earned a cool $29.3m during the same period.

The school child has out-earned some of YouTube's biggest names, including Jake Paul, PewDiePie and Logan Paul.

Forbes measured pre-tax earnings from 1 June 2017 to 1 June 2018, without fees for agents, managers and lawyers being deducted.

Logan Paul apologised in January after showing the body of an apparent suicide victim in Japan in one of his videos.

Ryan makes an estimated $21 million from advertising on two accounts, Ryan ToysReview and Ryan's Family Review, and $1 million in sponsored posts, Forbes reports.

Daniel Middleton, the Minecraft gamer who topped the 2017 list with earnings of $16.5m, has slipped to fourth place.

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