Jake Paul was beaten out by child YouTube star RyanToysReview, who topped his earnings by half a million dollars at $22 million.
Wrong - according to Forbes, Ryan has made £17.2 million in one year through his YouTube channel which features everything from reviews of "Slime Blasters" to educational videos such as "How Do Tornados Form?".
Ryan of the Ryan ToysReview channel is topping this year's Forbes list, released Monday.
Forbes ranked Ryan as the top-paid YouTuber and most of his revenue ($22 million) earned during between June 1, 2017, through June 1, 2018, came from advertisements shown before videos.
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.
A video of Ryan visiting Walmart to look at his own product range has been viewed 14 million times.
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 toys featured in Ryan's videos often sell out.
The pint-sized mogul, who now has his own range of toys at USA store Walmart, has doubled his earnings in last the 12 months to June.
Of course, RyanToysReview isn't the sole property of seven-year-old Ryan, himself - the channel is run by his mother and father, who also appear in his videos, along with his twin sisters.
As he is still a child, 15 per cent of Ryan's earnings are put into a bank account that he will be able to access when he turns 18. Meanwhile, makeup guru Jeffree Star slid into fifth place with total earnings of $18 million for the year. Jake Paul went from 7th in 2017 to 2nd in 2018, bringing in $21.5 million (about Rs. 151.32 crore) in the process, while his controversial brother Logan dropped six places to 10th.