Forbes estimates Kyle Loftis net worth at $4.5 million as of 2024. OMAHA, Neb. – Kyle Loftis, 36, has built a multi-million dollar business in the automotive industry through his popular YouTube channel 1320Video, which boasts over 3.4 million subscribers. Loftis’ journey from car stereo salesman to renowned racing media mogul is one of passion and perseverance.
Who is Kyle Loftis?
Loftis is the founder and owner of 1320Video, the largest online street car media company. He cultivated his love for cars early on, working at Stereo West before serving brief stints at infoUSA and PayPal. Ultimately, his hobby blossomed into a full-time career filming and promoting street racing events nationwide.
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What is Kyle Loftis’ Net Worth in 2024?
Forbes estimates Loftis’ current net worth at $4.5 million as of 2024. The bulk comes from 1320Video’s YouTube ad revenue, merchandise sales from his online store, and sponsorship deals within the racing community.
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Kyle Loftis Net Worth Growth
Loftis’ net worth has rapidly accelerated in the past five years in step with his brand’s growth. In 2019, it stood at $1.3 million before reaching today’s multi-million dollar status. Industry analysts project his wealth may top $10 million by 2026 if current trends continue.
| No. | Year | Net Worth |
| 1. | Kyle Loftis Net Worth in 2024 | $4.5 Million |
| 2. | Kyle Loftis Net Worth in 2023 | $4 Million |
| 3. | Kyle Loftis Net Worth in 2022 | $3 Million |
| 4. | Kyle Loftis Net Worth in 2021 | $2.1 Million |
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Kyle Loftis Biography
| Name | Kyle Loftis |
| Age | 36 Years |
| Birth Place | Omaha, Nebraska, US |
| Net Worth (2024) | $4.5 Million |
| Occupations | Owner & Operator of 1320Video, Sales Manager, Retail Seller |
| Nationality | American |
| College | University of Nebraska at Omaha |
| Graduation | Bachelor’s Degree in Management of Information Systems |
| Social Media | Facebook, LinkedIn, YouTube, Instagram |
| Height | 5′ 8″ |
| Weight | 77 kg |
| Gender | Male |
| Sexual Orientation | Straight |
| Marital Status | Married |
| YouTube Channel | 1320Video |
| YouTube subscribers | 3.4 Million+ |
| Eye Color | Brown |
| Hair Color | Black |
Early Life
Details remain scarce on Loftis’ upbringing. However, his passion for cars traces back to his childhood. His family supported his budding enthusiasm, bringing him to auto shows and races.
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Education
Loftis studied Management Information Systems at the University of Nebraska Omaha, graduating in 2005 with his bachelor’s degree.
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Career
Loftis filmed his first street race in 2002 which sparked the genesis of 1320Video. He slowly nurtured his hobby, developing a local fan base and selling merchandise to fund shoots around the Midwest. Today, Loftis has ten full-time employees and films races worldwide.
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Success and Awards
1320Video now draws over 300 million annual views on YouTube. Loftis’ work has earned features on ESPN, FOX Sports, and various automotive publications. He also boasts sponsorship deals with nitrous oxide company NOS Energy and fuel treatment brand Lucas Oil.
Assets
Loftis resides outside Omaha on a multi-acre estate. His car collection includes a Lamborghini Huracan, Lotus Evora, and custom-built strange planet Nova.
Controversy
Street racing exists in a legal gray area, although only permitted at sanctioned events. As the sport’s largest media promoter, Loftis has fielded criticism for potentially encouraging reckless behavior. He maintains his content simply highlights racing’s technical components.
Personal Life
Loftis keeps his family life extremely private. Little is known about his potential spouse or children.
Social Media Account
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Frequently Asked Questions
1. What is Kyle Loftis’ net worth in 2023?
A: Forbes estimates Loftis’ 2023 net worth at approximately $4 million based on 1320Video’s continued growth.
2. How much does Kyle Loftis make a year?
A: Estimated annual income for Loftis falls around $500,000 from his media company profits and sponsorships.
3. How did Kyle Loftis get rich?
A: Loftis built his wealth turning a hobby capturing street races into one of racing’s largest online media empires. His YouTube channel now generates millions in ad revenue.
4. Who is Kyle Loftis married to?
A: Details on Loftis’ marriage remain undisclosed as he closely guards his private life. The identity of a potential spouse is publicly unknown.
5. How old is Kyle Loftis?
A: As of 2024, online reports cite Loftis is 36 years old. He was born in 1988 although his exact birthday has not been shared.