MrBeast Net Worth (Money & Salary)

What is MrBeast’s Net Worth?

MrBeast, a prominent American YouTube personality, entrepreneur, and philanthropist, boasts a net worth estimated at $1 billion. This figure reflects a conservative valuation of his extensive business portfolio while recognizing MrBeast’s practice of not profiting from his video content. He has consistently reiterated that he reinvests all profits from his videos to fund future projects. Reports in November 2022 indicated that MrBeast sought investors to buy into his enterprise, placing its valuation at $1.5 billion.

As of January 2024, news emerged about MrBeast finalizing a $100 million agreement with Amazon for an exclusive streaming series. During a court case in 2024 regarding MrBeast Burgers, an organizational chart for an “Asset & Monetization Review” was submitted as evidence and subsequently released to the public. This document revealed that MrBeast’s enterprise generated $223 million in gross revenue in 2023 and was projected to reach $700 million in 2024 (as of February 2024). These revelations helped MrBeast officially become a billionaire in June 2024, achieving this milestone at the age of 26, making him the eighth youngest billionaire globally. Notably, among 16 billionaires under 30 at the time, only MrBeast did not inherit his wealth.

Known also as Jimmy Donaldson, MrBeast has gained fame for his extraordinary YouTube stunts, which often involve giving substantial sums of money to friends or charitable causes. He is recognized as the trailblazer of philanthropic stunt videos on YouTube. Furthermore, he ranks among the highest-earning YouTubers worldwide. In 2020, he generated $24 million through his YouTube channel, sales of merchandise, and sponsorship deals with companies such as Microsoft and Electronic Arts. A year later, his earnings soared to $50 million, with approximately $30 million stemming from YouTube advertisements and $10 million from sponsor partnerships. His entertaining ventures usually carry a philanthropic theme, such as providing financial assistance to strangers or adopting entire shelters of rescue dogs.

At the time of this writing, MrBeast’s main channels—MrBeast, MrBeast Gaming, MrBeast 2, Beast Reacts, and MrBeast Philanthropy—collectively have over 415 million subscribers, with his flagship channel alone boasting 270 million subscribers, establishing it as the most-subscribed channel 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. He began posting videos on YouTube at the age of 12 under the username “MrBeast6000.” Although he briefly attended college, he eventually dropped out to focus on a full-time YouTube career. His early content primarily consisted of video game commentary, reaction clips, and humorous compilations.

Mr Beast’s Success

In 2017, Jimmy gained significant attention with his video “counting to 100,000,” where he spent 44 hours counting. This particular video garnered over 21 million views.

He subsequently created a video in which he counted to 200,000, among other notable feats, including reading the dictionary, reciting the “Bee Movie” script, traveling across America, saying “Logan Paul” 100,000 times, and enduring 10 hours of Jake Paul’s music video “It’s Every Day Bro” on repeat.

Currently, his YouTube channels boast more than 400 million combined subscribers and have amassed tens of billions of video views, with most videos averaging over 20 million views. In the 2019 Shorty Awards, he received a nomination for Vlogger of the Year and won the Breakout Creator award. He was also nominated for a Kids’ Choice Award for Favorite Male Social Star in 2020 and won the title of YouTuber of the Year that same year, in addition to being recognized as the Creator of the Year at the Streamy Awards.

Stunt Philanthropy

In 2018, Jimmy struck gold by initiating “stunt philanthropy.” One notably popular video from this era features MrBeast giving $1,000 to random strangers. This move led to millions of subscribers flocking to his channels, as he began giving away vast sums of money, including $1 million.

In December 2019, he released a video challenging people to keep their hands on a stack of $1 million in cash. The last person with their hand on the stack would win the cash:

Monthly Video Production Budget

MrBeast has stated that his monthly content production costs equal his earnings. This aligns with the fact that some of his videos involve giving away a million dollars. He spends a minimum of $3 million each month on production expenses, staff wages, rent, and additional costs.

Monthly Earnings

As previously noted, MrBeast generates at least $3 million monthly from YouTube video views. For instance, in March 2022, he uploaded 54 videos across his 13 channels, resulting in a total of 283 million views. To estimate his income from these views, we first identify his three primary sources of revenue:

• Ad revenue
• Sponsorships
• Merchandise

Examining each source:

Ad Revenue

Video ads yield varying CPMs (cost per thousand views) in different countries. Ads in the US and Canada typically pay more than those viewed in Brazil. However, averaging a CPM of $5 is reasonable, translating to $5 per thousand views, netting MrBeast. With 283 million views, this results in approximately $1.4 million in net income.

Sponsorships

Previous reports indicate that MrBeast charges $1 million monthly for primary sponsorship of his main video page. For instance, in March, that

was reported that the sponsor for MrBeast was the credit bureau Experian. It seems reasonable to speculate that through sponsorships on his other platforms, Beast is likely generating at least an additional $1 million, bringing the overall total to $2 million.

Merchandise

Considered the hidden treasure. Reports indicate that during the previous year, when MrBeast’s earnings reached approximately $54 million, around HALF of that was derived from merchandise sales. This translates to about $2.25 million monthly. For a more conservative estimate, let’s round down to $2 million.

If we combine these three revenue streams, we find:

1.4 + 2 + 2 = $5.4 million

This means an average daily earning of $174,193 during March.

Team Trees

In October 2019, Jimmy, alongside former NASA engineer Mark Rober, initiated a fundraising initiative named #TeamTrees. Their aim was to collect $20 million for the Arbor Day Foundation within a three-month frame. They exceeded this target within just two months, and as of the current date, the project has garnered $23 million, resulting in the planting of over 7 million trees. Once they achieve their target of planting 20 million trees, it’s estimated that the initiative would have eliminated around 1.6 million tons of carbon from the atmosphere and eliminated 116 thousand tons of chemical air pollution.

Mobile Gaming

In June 2020, MrBeast introduced a multiplayer endurance game titled “Finger on the App.” The game’s premise was straightforward. Users worldwide had to maintain their finger on their smartphone screen within the app, with the last individual to remove it winning a prize of $25,000.

Awards

Throughout his career, MrBeast has received nominations for several prestigious awards. In 2019, he won the Breakout Creator award at the Streamy Awards. He was also nominated that same year for Ensemble Cast and Creator of the Year.

The following year, in 2020, MrBeast secured the following awards at the Streamy Awards:

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

Additionally, he was honored with the YouTuber of the Year award at the Shorty Awards in 2020. During the 12th Streamy Awards in 2022, he earned awards for Social Good: Creator and Brand Engagement.

In 2021, he received a nomination for Favorite Male Social Star at the Kids’ Choice Awards. At the subsequent Kids’ Choice Awards in 2022, MrBeast captured the Favorite Male Creator award, repeating the achievement in 2023, where he was also slimed during his acceptance:

MrBeast Burger

In December 2020, Jimmy launched “MrBeast Burger” in collaboration with over 300 restaurants across the United States. The day after the MrBeast Burger app was made available on the Apple store, it swiftly became the #1 most popular free app on the platform. As of now, he has sold over a million burgers.

In September 2022, he opened a physical MrBeast Burger location in the American Dream Mall located in East Rutherford, New Jersey. Subsequently, MrBeast expressed his regret regarding the inability to guarantee quality, expressing a desire to close down the MrBeast Burger business, yet he encountered resistance from Virtual Dining Concepts, the partner behind the venture.

Regrettably, issues emerged about MrBeast Burger’s state. In August 2023, MrBeast filed a lawsuit against his partner, Virtual Dining Concepts, claiming the company produced inedible and substandard food. The suit additionally stated that in the almost three years since the burger’s launch, he had not profited from the venture. In August 2023, it…

It has come to light that Mr. Beast is facing a countersuit from Virtual Dining, which seeks $100 million.

Clothing Line

MrBeast’s merchandise line, available at shopmrbeast.com, is his second-largest revenue source outside of YouTube earnings. He provides a diverse selection of products such as t-shirts, hoodies, hats, water bottles, mouse pads, backpacks, and much more. Approximately 40% of his annual income is believed to originate from merchandise sales.

Feastables

In January 2022, Feastables, MrBeast’s food company, was launched featuring its own range of chocolate bars branded as “MrBeast Bars.” Following this, numerous sweepstakes, challenges, and giveaways occurred, with the business further expanding in April 2023 to introduce “Karl Gummies,” a gummy candy line in collaboration with Karl Jacobs.

Charity

Throughout the years, MrBeast has contributed or raised tens of millions of dollars for a variety of charities. His stunt videos have provided donations 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, a December 2018 video resulted in a $100,000 donation of clothing and other items to homeless shelters.

In October 2019, Jimmy collaborated with NASA engineer and YouTuber Mark Rober to establish a foundation called #TeamTrees. This initiative aimed to raise $20 million in three months to support the Arbor Day Foundation, pledging to plant one tree for each dollar collected. A multitude of YouTubers joined forces to promote this cause. Within just 24 hours of its launch, #TeamTrees raised $4 million, and by December, the total exceeded $20 million. Currently, the amount raised surpasses $22 million.

Personal Life

Jimmy struggles with an inflammatory bowel condition known as Crohn’s disease, diagnosed during his ninth-grade year. He has frequently discussed the ongoing challenges posed by this debilitating illness. Prior to his diagnosis, he experienced frequent illness, which resulted in a 30-pound weight loss over one summer due to severe discomfort. MrBeast adheres to a relatively strict diet in addition to taking medication.

Girlfriend

In June 2019, Jimmy started a relationship with Maddy Spidell, whom he met via Twitter.

Maddy was first identified as MrBeast’s girlfriend in a February 2020 video titled “Surprising My Girlfriend With 100,000 Roses For Valentine’s Day,” which has garnered over 50 million views to date. She has subsequently appeared in several more MrBeast videos, such as “I Adopted EVERY Dog in a Dog Shelter” and “I Spent 50 Hours in Solitary Confinement.”