• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire
SuccessTikTok

Meet the top TikTok influencers who face losing up to $10,000 of income a month as the U.S. shutdown looks imminent

By
Chloe Berger
Chloe Berger
Down Arrow Button Icon
By
Chloe Berger
Chloe Berger
Down Arrow Button Icon
January 17, 2025, 11:11 AM ET
Sarah Perl, viral TikToker, speaks about the looming ban.
Sarah Perl, viral TikToker, speaks about the looming ban.Courtesy of Sarah Perl
Add Fortune on Google for similar content.

Years ago, in her college dorm room, Sarah Perl posted her first viral TikTok, a video of her conducting a tarot reading. She knew then that her life would change overnight. Posting consistently under the handle @hothighpriestess, Perl, age 24, has more than 2.5 million subscribers and an in-demand manifesting coaching business. But all that stands to change within a couple of days.

Recommended Video

“It’s hard to even imagine a world without TikTok,” Perl says, noting the app is integrated into the life of the average consumer and business owner. “It’s hard to prep when I’m still getting emails about brand deals happening in February on TikTok. It just seems like for most people, it’s kind of business as usual.”

TikTok’s fate in the U.S. remains up in the air, though the forecast looks a little dire. In April, a bipartisan bill citing security concerns was passed. The law demanded the owner of the social media app, ByteDance, sell its app to a U.S. operation or be banned by January 19th 2025. Now the case is being heard by the Supreme Court. Rumors of potential owners have cropped up and even President Trump (who has spoken out on TikTok) has been suggested as a potential ally. On Friday, the Supreme Court upheld the ban which is now set to begin this Sunday.

Pushing for a delay in the ban, Sen. Schumer noted the potential economic blow that the removal of the app would have on creators. “ It’s clear that more time is needed to find an American buyer and not disrupt the lives and livelihoods of millions of Americans of so many influencers,” he said.

Even so, TikTok creators are bracing for a world of change. 

“The possibility of a TikTok ban is definitely raising red flags for us,” Christine Ly and Olivya Soth, the minds behind viral slime account OG Slimes wrote in an emailed statement to Fortune. “TikTok is an important part of our marketing strategy, but we’re prepared to adapt,” the two creators explain, adding that they are strengthening marketing on platforms like Instagram and YouTube as well as considering paid advertising.

What started out as a passion project for Ly back in 2016 became a TikTok channel followed by 1.7 million people and an Instagram account by more than a million. Their brand posts ASMR-style videos and sells an average of 3,000 orders a month, they told Fortune in 2022. Documents shared with Fortune then showed that the company earned $100,000 or more in monthly revenue. They add that TikTok “has been a major contributor” to sales and videos posted on the platform “often lead to products selling out.”

While entrepreneurs with millions of followers certainly have a lot to lose from a ban, they’re not likely to be the main ones to feel the economic blow of the app disappearing entirely.

“Most people don’t make a living off of TikTok,” Jess Maddox, researcher of social media and associate professor at The University of Alabama, told Fortune in an interview, citing data from LinkTree, which found 70% of creators make less than $49,000 annually. 

Maddox likens the true impact of a ban to the economic scope of the SAG-AFTRA strikes in 2023. While many at the time erroneously assumed actors were living large, the vast majority of the union is full of underpaid working actors. It’s not that dissimilar for TikTok, as Maddox notes that those who will have a harder time pivoting will be micro-influencers with fewer than 300,000 followers.

Perl acknowledges that creators who are just starting out will be hit hard, saying that a pivot might be difficult for those who have seen “explosive success, but don’t quite have the foundations in place.”

How TikTok led the creator economy

Rachel Muse, 29, became a full-time content creator while pregnant with her daughter. “It has been such a blessing to be able to work while spending my days with her at home,” she told Fortune in an interview. “Honestly I have so much fun doing it, it still doesn’t feel real that it is my job.”

Muse has more than 150,000 TikTok followers and a small clothing business named Esther to her name. She notes that there’s opportunity on TikTok for “different streams of income and growth is amazing for both businesses and creators.”

Perl figures that the bulk of her fame and revenue came from TikTok. She posits that at the right time, TikTok had the potential to make anyone dedicated enough go viral.

“Never in history has there been a time as easy as now to within a year make $10,000 a month off of business,” she says. “It’s almost foolproof, I’d honestly be willing to put money behind it.” Perl estimates she’s made over $1 million from her business in general, and documents viewed by Fortune show that she’s made in the high six figures each year in revenue. 

Her other venture, a product-based business where she sells journals and vision boards on TikTok shop, is most in jeopardy if the app shuts down. “We’d probably lose upwards of six figures a month, potentially in revenue,” if the app is banned, she estimates, adding that they’d lose affiliate money as well. 

It’s harder to sell products on Instagram, and due to the lack of a for-you page, it’s sometimes more difficult to go viral. “The beauty of TikTok was that anyone could post a video on a random Tuesday and there was a high likelihood that overnight that video could get a million views, whereas Instagram definitely takes longer,” she says, noting that you can still make it big, but it’s a tougher journey. 

While major creators have a built-in following and likely can adjust platforms easily, most everyone else stands to feel a bit of a blow. Small businesses and creators who rely heavily on TikTok for exposure and revenue will be impacted the most, Ly and Soth note.

“These people are staunchly middle-class Americans, combined with TikTok Shop, which is primarily used by small businesses to grow their reach,” Maddox says. “We are talking about a huge economic hit to middle-class Americans, a group that is already struggling with inflation and other economic issues right now.”

What’s in store for creators

While TikTok might be at the end of the line, the viral voices that uplift the app are likely sticking around for some time. “Creators will pivot, they’re resilient,” says Maddox. “They will be okay, but this is an undue burden of trying to readjust in this under these conditions if the ban does go through.”

As for Muse, she says she’s not wasting time thinking about what she can’t control. “It’s such a gift to document and share the things I love and I plan to continue doing so on other platforms like Instagram and YouTube,” she says. “I don’t think that short-form video is going anywhere and though it technically makes my job harder, being anxious about that won’t help the situation at all”

Indeed, TikTok “lessened the barrier to entry” for creators, explains Maddox. Explaining that it’s “not an accident that we saw a huge explosion of content creation in the United States because of Tiktok,” she explains that the app did more interface for users than those using reels or making Forced to jump ship from TikTok, viral creators risk loosing thousands of dollars a month Shorts. Perl figures she’ll put more emphasis on Instagram posts, noting that she might lose thousands of dollars a month initially.

While Ly and Soth expect their primary source of marketing to take a hit if TikTok is banned, they’ve “heard rumors there are apps similar to TikTok that people are starting to use now.” For now, some young creators are moving to Chinese app Xiaohongshu, or Red Note.

“I’m not planning on going anywhere,” says Perl. “If this happens, I know I’m going to pivot. I see the opportunity in being one of the first creators to start on a new platform, that also is exciting.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By Chloe Berger
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

lb
PoliticsCongress
Leon Black says Epstein’s network included Elon Musk, Sergey Brin and Peter Thiel, while saying ‘I knew Jekyll. I didn’t know Hyde’
By Joey Cappelletti and The Associated PressJune 26, 2026
16 hours ago
John Collison, president and co-founder of Stripe
SuccessJobs
Stripe cofounder says Gen Z will need two college majors to compete thanks to AI—and investing legend Charlie Munger called it first
By Emma BurleighJune 26, 2026
16 hours ago
young woman looking frustrated while working on her laptop at home
SuccessCareers
Gen Z’s hiring hell is real: 1 in 3 employers admit they’re replacing entry-level roles with AI—and tech and manufacturing jobs are most at risk
By Preston ForeJune 26, 2026
16 hours ago
mj
CommentarySuccession
Morgan Stanley on life after selling your business: a roadmap for entrepreneurs
By Mark JansenJune 26, 2026
20 hours ago
Singapore grads battle low-paid trainee stigma to get hired
AsiaSingapore
Singapore grads battle low-paid trainee stigma to get hired
By Gabrielle Ng and BloombergJune 26, 2026
22 hours ago
kid
SuccessSocial Media
Kids want to be influencers when they grow up, because they ‘gets lots of money’ and ‘they want to be famous’
By Matthew Simoneau and The ConversationJune 26, 2026
23 hours ago

Most Popular

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
2 days ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
3 days ago
Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire
Economy
Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire
By Nick LichtenbergJune 26, 2026
1 day ago
The bond market knows something about the $39 trillion national debt that Washington doesn’t
Economy
The bond market knows something about the $39 trillion national debt that Washington doesn’t
By Eva RoytburgJune 25, 2026
1 day ago
Trump turns on Big Oil donors who spent nearly $100 million to get him elected—now he wants the DOJ to investigate them for price gouging
Economy
Trump turns on Big Oil donors who spent nearly $100 million to get him elected—now he wants the DOJ to investigate them for price gouging
By Tristan BoveJune 25, 2026
1 day ago
Current price of oil as of June 26, 2026
Personal Finance
Current price of oil as of June 26, 2026
By Joseph HostetlerJune 26, 2026
18 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.