Kyle Loftis is the founder of 1320Video, a popular platform focused on street racing, high-performance cars, and car culture. Through his work, he has built a strong brand with millions of followers.
As of 2024, his company worth is $22 million, and his other business ventures have also added to his wealth. Kyle’s success in both the automotive world and digital media has helped him grow his net worth over time.
Kyle Loftis Net Worth
Kyle Loftis, the founder of 1320Video, has an estimated net worth of $5 million in 2024.
His wealth comes mainly from his successful automotive media and merchandise ventures. His company, 1320Video, focuses on car culture and street racing content and is valued at $22 million in 2024.
The company earns revenue through YouTube monetization, product sales, event promotions, and collaborations with car manufacturers. Kyle has played a major role in promoting and documenting street car culture.
Kyle Loftis Net Worth & Annual Salary | |
---|---|
Name | Kyle Loftis |
Net Worth | $5 million |
Annual Salary | $1 million |
Income Source | YouTube ad revenue, merchandise sales, event hosting, & brand collaborations |
What are Kyle Loftis Income Sources?
Kyle Loftis earns his income from several sources as the founder of 1320Video and an automotive media entrepreneur.
YouTube Ad Revenue:
The 1320Video YouTube channel, with over 3.4 million subscribers, earns money through ads on videos about street racing, car modifications, and automotive culture.
Merchandising:
He sells 1320Video-branded merchandise, including apparel and automotive accessories, taking advantage of the platform’s popularity.
Event Promotions:
He organizes car shows and street racing exhibitions that bring in money from ticket sales and sponsorships.
Product Sales and Partnerships:
He sells automotive products like spare parts and modification kits online. He also partners with car companies and brands for promotions.
Sponsorships and Collaborations:
Kyle collaborates with businesses like fuel companies and car technology firms earning through sponsorship deals.
Custom Car Projects:
He builds and showcases high-performance cars, like the Unicorn C5 Corvette, at events such as SEMA enhancing his reputation in the automotive world.
These ventures make Kyle Loftis a well-known and successful figure in the automotive and street racing industry.
Journey to His Rich Life
Kyle Loftis journey is a testament to his passion for cars and entrepreneurial spirit. He began his career in conventional roles working as a manager at PayPal and in retail sales at Stereo West.
While these jobs provided financial stability, they did not fulfill his aspirations or align with his love for automotive culture.
In 2003, driven by his interest in street racing, he founded 1320Video as a side project to document car culture and racing events.
The name 1320 reflects the 1,320 feet in a quarter-mile, a key measure in drag racing. As the project gained popularity, Kyle left his traditional jobs to focus entirely on creating automotive content.
Through consistent effort and a focus on high-quality production, Kyle expanded 1320Video using platforms like YouTube. The channel quickly gained millions of subscribers.
Alongside video content, he diversified the business by launching a merchandise line, hosting car shows, and collaborating with top automotive brands.
Kyle also showcased iconic car builds, such as the Unicorn C5 Corvette, and participated in prestigious events like the SEMA Show. His ability to connect with the automotive community solidified 1320Video’s reputation.
Kyle’s career highlights how passion, creativity, and strategic growth can turn a personal interest into a thriving business that influences car culture worldwide.
Kyle Loftis Cars
Kyle Loftis owns an impressive car collection that showcases his love for speed and performance.
One of his standout vehicles is a 2017 Audi R8, modified with a twin-turbo system by AMS Performance.
The car produces over 1,200 horsepower and can exceed 200 mph in half-mile events while keeping its stock appearance. His collection mainly consists of white vehicles, with a strong focus on Chevrolets.
These cars reflect his deep connection to high-speed street and race cars, which are central to his work in automotive media.
Income Growth Over Time
Kyle Loftis financial growth reflects his efforts in turning 1320Video into a leading brand in the automotive and street racing industry.
By 2010, he began leveraging YouTube’s monetization, which provided steady revenue as the channel gained popularity.
He transitioned to managing 1320Video full-time and introduced merchandise and product promotions, which increased profitability.
By 2020, the company’s value grew to $15.5 million, with the channel’s subscriber base exceeding 2 million, generating higher ad revenue and attracting sponsorships.
As of 2024, 1320Video is valued at $22 million. The YouTube channel has over million subscribers, supported by ventures like car product sales, collaborations with automotive companies, and event hosting.
Kyle financial success reflects his dedication to growing 1320Video into a dominant force in automotive media.
Year | Net Worth | Annual Salary |
---|---|---|
2024 | $5 million | $1 million |
2023 | $4 million | $1 million |
2022 | $3 million | $1 million |
2021 | $2.2 million | $800,000 |
Kyle Loftis Future Prospect
Kyle Loftis has a bright future ahead with his automotive media company. He could expand by exploring new content formats like live-streamed events and reaching global markets. Merchandise sales and e-commerce growth also offer potential for increased profits.
Loftis could host larger events, collaborate with top car brands, and extend his reach on platforms like TikTok and Instagram.
Partnerships with car manufacturers and tech companies could open new revenue streams, especially in the electric vehicle market.
With his influence in car culture, Loftis may focus on building a lasting legacy and supporting automotive-related causes. His prospects for continued growth in the automotive industry remain strong.
Kyle Loftis Wife
Kyle Loftis is married, but he has chosen to keep details about his wife private.
Despite his prominent role as the founder of 1320Video and a well-known figure in the automotive world, Kyle keeps his personal life away from the public eye.
Most of his public appearances and social media posts focus on his work, passion for motorsports, and the success of 1320Video, rather than his relationships or family life.
This approach allows him to maintain a level of privacy while still engaging with his fans through his professional endeavors.
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