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?".
Let's just take a moment to let that sink in shall we?
World is busy reviewing heavy tech-gadgets and phones but Ryan has made all this money by reviewing toys on his YouTube channel Ryan ToysReview.
The pint-sized mogul, who now has his own range of toys at U.S. store Walmart, has doubled his earnings in last the 12 months to June.
It's a seven-year-old chap and his hit YouTube toy review channel.
Forbes said almost all of the money came from pre-roll advertising, explaining "when views go up, so do these automated ad dollars".
The amount generated by sponsored posts is small compared with other top YouTubers, Forbes writes.
Online sensation Jake Paul came second on Forbes' list after earning £16.8m.
He was followed by Dude Perfect at #3, DanTDM at #4 and Jeffree star at #5.
The youngster, known for his toy unboxing and reviews, beat out Jake Paul, younger brother of the controversial Logan Paul, since dropping his own line of toys that allows fans to unbox a surprise toy at home.
Since launching his main channel in 2015, Ryan has amassed more than 17 million followers and close to 26bn views. Being an underage, 15 per cent of Ryan's earning is kept protected in an account until he is an adult.
"I'm entertaining and I'm amusing", Ryan recently told NBC interview, explaining his appeal.
But he still earned nearly $20m, three million more than in 2017.
Logan Paul apologised in January after showing the body of an apparent suicide victim in Japan in one of his videos.
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At a bilateral meeting on the sidelines of the G20 Summit in Argentina, Abe praised May for reaching a deal with the EU. Britain's Environment Secretary Michael Gove arrives at his office in Westminster, London , Friday, Nov. 16, 2018.