Ryan first garnered an internet following in the “unboxing” genre, which involves opening presents on camera and commenting on each one.
Forbes’ list is based on pre-tax income derived from things such as sponsored content, advertisements, merchandise sales and tours.
Another child, Anastasia Radzinskaya, five, came in third place with earnings of $18 million.
Radzinskaya, who was born in southern Russia and has cerebral palsy, appears in videos with her father.
According to Forbes, she has 107 million subscribers across seven channels and her videos have been watched 42 billion times.
One of her most successful videos was filmed on a trip to a petting zoo, where her and her dad danced to “Baby Shark.”
Dude Perfect — a group of five friends in their thirties who play sports and perform stunts — came in second place, earning $20 million.
, once YouTube’s highest earner, came in joint seventh with earnings of $13 million.
YouTube has announced that next year it will stop personalized advertisements on children’s content.
YouTube’s biggest earners of 2019
1 — Ryan Kaji, $26 million
2 — Dude Perfect, $20 million
3 — Anastasia Radzinskaya, $18 million
4 — Rhett and Link, $17.5 million
5 — Jeffree Star, $17 million
6 — Preston (Preston Arsement), $14 million
7 (joint) — PewDiePie (Felix Kjellberg, $13 million
7 (joint) — Markiplier (Mark Fischbach), $13 million
9 — DanTDM (Daniel Middleton), $12 million
10 — VanossGaming (Evan Fong), $11.5 million