MrBeast Net Worth (Money & Salary)

What is MrBeast’s Net Worth?

An American YouTube star, philanthropist, and entrepreneur, MrBeast has a net worth estimated at $1 billion. This conservative valuation reflects his extensive business empire while recognizing that MrBeast typically does not profit from his videos. He has consistently claimed to reinvest all his video earnings back into creating future content. In November 2022, reports emerged that he sought investors to join his business, valuing it at $1.5 billion.

In January 2024, news surfaced about MrBeast closing a $100 million deal with Amazon to secure rights for an exclusive streaming series. As part of a 2024 legal case concerning his MrBeast Burgers, an “Asset & Monetization Review” organizational chart was introduced into evidence and subsequently made public. This chart indicated that MrBeast’s empire generated $223 million in gross revenue in 2023 and was projected to achieve $700 million in 2024 (according to February 2024 estimates). Due to these findings, MrBeast officially became a billionaire in June 2024 at the age of 26, making him the eighth youngest billionaire globally. Notably, of the 16 billionaires under 30 at that time, MrBeast was the only one to have built his fortune without inheritance.

Also recognized as Jimmy Donaldson, MrBeast is famous for his extravagant YouTube stunts that distribute significant amounts of money to friends or charitable causes. He is credited as a pioneer of philanthropic stunt videos on YouTube and ranks among the highest-paid YouTubers worldwide. In 2020, he earned $24 million through his channel, merchandise sales, and sponsorship deals with companies such as Microsoft and Electronic Arts. His earnings rose to $50 million in 2021, with approximately $30 million coming from YouTube ads and $10 million from sponsor contributions. Most of his stunts feature a charitable aspect, such as donating money to strangers or rescuing an entire animal shelter’s worth of dogs.

As this is written, MrBeast’s primary channels, including Mr Beast, MrBeast Gaming, MrBeast 2, Beast Reacts, and MrBeast Philanthropy, collectively have over 415 million subscribers. Notably, his main channel alone boasts 270 million subscribers, making it the highest-subscribed account on YouTube.

Early Life and Career Beginnings

Born on May 7, 1998, in Greenville, North Carolina, Jimmy Donaldson graduated from Greenville Christian Academy in 2016. At the age of 12, he began sharing videos on YouTube under the username “MrBeast6000”. Although he attended college briefly, he dropped out to fully commit to his YouTube career. His initial content primarily consisted of video game commentary, reaction clips, and humorous compilations.

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Mr Beast’s Success

In 2017, Jimmy first became widely popular with his video “counting to 100,000,” where he spent 44 hours counting. This video went on to amass over 21 million views.

He subsequently released another video in which he counted to 200,000. Other notable achievements include reading the dictionary, reciting the “Bee Movie” script, traveling across America in an Uber, stating “Logan Paul” 100,000 times, and watching the notoriously bad Jake Paul music video “It’s Every Day Bro” on repeat for a continuous 10 hours.

Currently, MrBeast’s YouTube channels collectively boast over 400 million subscribers and have accumulated tens of billions of video views, with the average video receiving more than 20 million views. He received a Vlogger of the Year nomination at the 2019 Shorty Awards and was awarded the Breakout Creator accolade. Additionally, he was nominated for a 2020 Kids’ Choice Award for Favorite Male Social Star and won the 2020 YouTuber of the Year award, as well as being named the 2020 Creator of the Year at the Streamy Awards.

Stunt Philanthropy

In 2018, Jimmy struck gold by introducing the concept of “stunt philanthropy.” One of the most watched videos from this era features MrBeast giving away $1,000 to random strangers, which quickly attracted millions of new subscribers to his channels as he began giving away hundreds of thousands, and occasionally even $1 million.

In December 2019, he released a video in which he challenged participants to keep their hand on a stack of $1 million in cash. The last person to take their hand off would win the money:

Monthly Video Production Budget

MrBeast has disclosed that his monthly expenses for producing content typically match his earnings. This makes sense considering many of his videos involve giving away large sums, often amounting to a million dollars. He invests at least $3 million each month into production expenses, staff salaries, rent, and more.

Monthly Earnings

As previously noted, MrBeast generates a minimum of $3 million each month through his YouTube video views. For instance, in March 2022, he uploaded 54 videos across his 13 channels, garnering a total of 283 million views. To estimate the potential income from this, we first recognize the three main income sources for MrBeast:

• Ad revenue
• Sponsorships
• Merchandise

Breaking down each source:

Ad Revenue

Different countries yield vastly different CPMs for video ads. Ads in the US and Canada typically pay significantly more than those in Brazil. However, assuming an average CPM of $5 is a reasonable estimate, which translates to $5 per thousand views for MrBeast. Thus, 283 million views equate to roughly $1.4 million in net earnings.

Sponsorships

Reports indicate that MrBeast charges $1 million monthly for being the primary sponsor on his main video page. For example, in March, Experian served as that sponsor. It would be prudent to estimate that sponsorships on his other channels add at least another $1 million, bringing the total to $2 million.

Merchandise

This is often seen as the hidden treasure. Last year, when MrBeast reported around $54 million in earnings, approximately half was generated from merchandise sales, according to various estimates. This breaks down to about $2.25 million monthly, so rounding down to $2 million is a conservative approach.

Summing up these three revenue streams gives us:

1.4 + 2
“`+ 2 = $5.4 million

This amounted to an impressive $174,193 earned each day throughout March.

Team Trees

In October 2019, a fundraising initiative named #TeamTrees was launched by Jimmy along with former NASA engineer Mark Rober. They aimed to collect $20 million for the Arbor Day Foundation within three months. Remarkably, they exceeded this goal in just two months. Up to this point, the project has garnered $23 million and successfully planted over 7 million trees. Once they accomplish their objective of planting 20 million trees, it is estimated that the initiative will have eliminated around 1.6 million tons of carbon from the atmosphere and cleared 116 thousand tons of chemical air pollution.

Mobile Gaming

MrBeast introduced a multiplayer endurance game titled “Finger on the App” in June 2020. The game’s premise was rather straightforward; participants globally were required to keep a finger on their phone’s screen in the app. The individual who lasted the longest without lifting their finger would claim a prize of $25,000.

Awards

Throughout his career, MrBeast has received numerous nominations for prestigious awards. He secured the Breakout Creator title at the Streamy Awards in 2019, the same year he was also nominated for Creator of the Year and Ensemble Cast.

During the 2020 Streamy Awards, MrBeast clinched the following accolades:

• Creator of the Year
• Live Special
• Social Good: Creator
• Social Good: Nonprofit or NGO

Additionally, he was awarded YouTuber of the Year at the Shorty Awards that same year. At the 12th Streamy Awards in 2022, he received awards for Social Good: Creator and Brand Engagement.

In 2021, he earned a nomination for Favorite Male Social Star at the Kids’ Choice Awards. MrBeast won the Favorite Male Creator award at the 2022 Kids’ Choice Awards and repeated this success in 2023, where he was slimed during the acceptance:

MrBeast Burger

In December 2020, Jimmy unveiled “MrBeast Burger,” collaborating with over 300 restaurants across the United States. Following the launch of the MrBeast Burger app in the Apple store, it rapidly ascended to become the most popular free app on the platform. To date, he has sold more than a million burgers.

In September 2022, he inaugurated a physical MrBeast Burger location.in East Rutherford, New Jersey, at the American Dream Mall. MrBeast later expressed his regret, stating that he couldn’t guarantee the quality of the food and wished to shut down the MrBeast Burger business. However, the Virtual Dining Concepts company prevented that from happening.

Unfortunately, it became clear that things were not going well with the MrBeast Burger. In August 2023, MrBeast initiated a lawsuit against his business partner, Virtual Dining Concepts, claiming that the company produced inedible and low-quality food. The lawsuit further stated that in the almost three years since the burger’s launch, MrBeast had not earned a single dollar from the venture. In August 2023, it was revealed that Virtual Dining was countersuing MrBeast for $100 million.

Clothing Line

MrBeast’s merchandise line serves as his second-largest source of income, aside from YouTube revenue. Available for purchase at shopmrbeast.com, he provides a diverse selection of items including t-shirts, hoodies, hats, water bottles, mouse pads, backpacks, and more. It is estimated that approximately 40% of MrBeast’s yearly income derives from merchandise sales.

Feastables

In January 2022, MrBeast launched Feastables, a food company that introduced a line of chocolate bars named “MrBeast Bars.” This was followed by various sweepstakes, challenges, and giveaways. In April 2023, the brand expanded to include a line of gummy candy known as “Karl Gummies,” created in collaboration with Karl Jacobs.

Charity

Throughout the years, MrBeast has contributed or raised tens of millions of dollars for numerous charities. His stunt videos have donated goods to homeless shelters, the Veterans Army Wounded Warrior Program, Saint Jude Children’s Research Hospital, and a local animal shelter in Los Angeles. For instance, in a December 2018 video, $100,000 worth of clothing and other items was donated to homeless shelters.

In October 2019, Jimmy collaborated with NASA engineer and YouTuber Mark Rober to establish a foundation called #TeamTrees. The objective was to raise $20 million within three months to support the Arbor Day Foundation, with the organization committing to planting one tree for every dollar collected. A multitude of YouTubers united to promote the initiative. Within just 24 hours of its launch, #TeamTrees had already raised $4 million. By December, the total exceeded $20 million. As of this writing, over $22 million has been raised.

Personal Life

Jimmy is affected by Crohn’s disease, an inflammatory bowel condition, having been diagnosed when he was in ninth grade. Over the years, he has discussed his long-term struggle with this debilitating illness. Before his diagnosis, he would frequently fall ill and, on one occasion, lost 30 pounds over a summer due to severe discomfort. Besides medication, MrBeast adheres to a relatively strict diet.

Girlfriend

Jimmy started dating Maddy Spidell in June 2019 after they met on Twitter.

Maddy was publicly identified as MrBeast’s girlfriend for the first time in a February 2020 video titled “Surprising My Girlfriend With 100,000 Roses For Valentine’s Day.” As of this writing, that video has garnered over 50 million views. Maddy has since appeared in several additional MrBeast videos, including “I Adopted EVERY Dog in a Dog Shelter” and “I Spent 50 Hours in Solitary Confinement.”