MrBeast Net Worth (Money & Salary)

What is MrBeast’s Net Worth?

An American YouTube star, philanthropist, and entrepreneur, MrBeast boasts a net worth of $1 billion. This valuation is conservative and reflects his extensive business empire, bearing in mind that MrBeast typically does not profit from his videos. He has consistently affirmed that he reinvests all earnings from his videos to create new content. In November 2022, reports indicated that MrBeast was actively seeking investors for his business, which was valued at $1.5 billion.

In January 2024, news emerged that MrBeast was finalizing a $100 million deal with Amazon for an exclusive streaming series. During a 2024 court case regarding MrBeast Burgers, an “Asset & Monetization Review” organizational chart was submitted as evidence and later disclosed to the public. This chart revealed that in 2023, MrBeast’s empire tallied $223 million in gross revenue and was projected to reach $700 million in 2024 (as of February 2024). These revelations contributed to MrBeast officially attaining billionaire status in June 2024, achieving this milestone at the young age of 26, ranking him as the eighth youngest billionaire globally. Notably, among the 16 billionaires under 30 at that time, MrBeast was the only one who did not inherit his wealth.

Known by his real name, Jimmy Donaldson, MrBeast has gained fame for his YouTube stunts, which often involve giving away substantial amounts of money to friends or charitable causes. He is regarded as a pioneer in philanthropic stunt videos on YouTube and ranks among the highest-paid YouTubers worldwide. In 2020, he earned $24 million through his YouTube channel, merchandise sales, and sponsorships with companies like Microsoft and Electronic Arts. The following year, he made $50 million, with approximately $30 million from YouTube ads and $10 million from sponsorships. His stunts usually feature a charitable element, such as providing financial assistance to strangers or adopting entire groups of rescue dogs from shelters.

As of this writing, MrBeast’s main channels—including Mr Beast, MrBeast Gaming, MrBeast 2, Beast Reacts, and MrBeast Philanthropy—collectively attract over 415 million subscribers. His primary channel alone has 270 million subscribers, establishing him as the most-subscribed individual 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 uploading videos to YouTube at the age of 12 under the username “MrBeast6000”. Although he briefly attended college, he dropped out to dedicate himself to a full-time YouTube career. His early content mainly comprised video game commentary, reaction videos, and comedic compilations.

Mr Beast’s Success

Jimmy gained significant popularity following the release of his 2017 video “counting to 100,000,” where he spent 44 hours counting to the number. This video subsequently amassed over 21 million views.

He then produced another video in which he counted to 200,000. Among his other popular feats are reading the dictionary, reciting the script of the “Bee Movie,” ubering across the United States, repeating “Logan Paul” 100,000 times, and watching the poorly received Jake Paul music video “It’s Every Day Bro” on a loop for 10 continuous hours.

Currently, his YouTube channels collectively boast over 400 million subscribers, generating tens of billions of views across his videos. The average video receives over 20 million views. He was nominated for the Vlogger of the Year award at the 2019 Shorty Awards and received the Breakout Creator award. Additionally, he was nominated for a Kids’ Choice Award in 2020 for Favorite Male Social Star and won the YouTuber of the Year and Creator of the Year awards at the 2020 Streamy Awards.

Stunt Philanthropy

In 2018, Jimmy struck gold by introducing the concept of “stunt philanthropy.” A particularly popular video from this era featured MrBeast giving away $1,000 to random strangers. This venture led to a surge in subscriptions to his channels, which showcased him giving away hundreds of thousands and even $1 million to fans.

In December 2019, he uploaded a video that dared participants to keep their hand on a stack of $1 million in cash. The person who removed their hand last was awarded the entire sum:

Monthly Video Production Budget

MrBeast has disclosed that his monthly production expenses match his earnings. This makes sense given that he often gives away a million dollars in his videos. He allocates a minimum of $3 million each month on production costs, salaries for his team, rent, and other expenses.

Monthly Earnings

As previously noted, MrBeast earns a minimum of $3 million monthly from his YouTube views. For instance, in March 2022, he published 54 videos across his 13 channels, which totaled 283 million views. To determine the potential income from these views, it’s essential to recognize MrBeast’s three main revenue streams:

• Ad revenue
• Sponsorships
• Merchandise

Analyzing each source:

Ad Revenue

CPMs for video ads vary greatly by country. Advertisements shown in the US and Canada yield significantly higher payments compared to ads viewed in Brazil. However, a reasonable average CPM can be estimated at $5—that equates to $5 per thousand views received by MrBeast. Given the 283 million views, this results in $1.4 million in net earnings.

Sponsorships

Reports suggest that MrBeast charges around $1 million monthly for being the primary sponsor on his main video page. For example, in March, his main sponsor was the credit bureau Experian. It is reasonable to conclude that, from sponsorships on his other channels, he generates at least another $1 million, totaling $2 million.

Merchandise

This revenue stream is often considered the elusive goldmine. In the previous year, MrBeast earned about $54 million, with nearly HALF stemming from merchandise sales, according to various accounts. This breaks down to approximately $2.25 million monthly. For a conservative estimate, let’s round down to $2 million.

By summing these three revenue sources, we arrive at:

1.4 + 2+ 2 = $5.4 million

This amounted to $174,193 generated daily throughout March.

Team Trees

In October 2019, a fundraising challenge named #TeamTrees was launched by Jimmy alongside former NASA engineer Mark Rober. Their target was to collect $20 million for the Arbor Day Foundation in three months. They exceeded this goal in just two months, and at the time of writing, the initiative has amassed $23 million and successfully planted over 7 million trees. Once they achieve their ultimate aim of planting 20 million trees, it is estimated that the project will eliminate around 1.6 million tons of carbon from the air, in addition to removing 116 thousand tons of chemical air pollutants.

Mobile Gaming

MrBeast introduced a multiplayer endurance game named “Finger on the App” in June 2020. The game’s premise was relatively straightforward: users worldwide had to continuously keep a finger on their phone screen within the app. The last participant to lift their finger would be awarded $25,000.

Awards

Throughout his career thus far, MrBeast has received nominations for several prestigious awards. In 2019, he was honored with the Breakout Creator award at the Streamy Awards. Additionally, he was nominated for both Ensemble Cast and Creator of the Year that same year.

In the following year, MrBeast took home the following Streamy Awards:

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

Moreover, that year he also won the YouTuber of the Year award at the Shorty Awards. At the 12th Streamy Awards in 2022, he secured wins for Social Good: Creator and Brand Engagement.

In 2021, he received a nomination for Favorite Male Social Star at the Kids’ Choice Awards. He won the Favorite Male Creator award at the 2022 Kids’ Choice Awards and claimed the title again in 2023. Upon receiving the award, he experienced a sliming:

MrBeast Burger

In December 2020, the “MrBeast Burger” was introduced by Jimmy, collaborating with over 300 restaurants across the United States. The day following the launch of the MrBeast Burger app on the Apple Store, it quickly ascended to the top position as the #1 most popular free app on the platform. To this day, he has sold more than one million burgers.

By September 2022, he opened a physical location for MrBeast Burger.

Located in East Rutherford, New Jersey, the American Dream Mall hosts MrBeast Burger. MrBeast later conveyed regret regarding the inability to guarantee quality, indicating a desire to cease operations of the MrBeast Burger business; however, Virtual Dining Concepts, the associated company, would not permit this.

Regrettably, it became clear that the MrBeast Burger was facing issues. In August 2023, MrBeast initiated a lawsuit against his business partner, Virtual Dining Concepts, claiming that the food produced was inedible and of poor quality. Furthermore, the lawsuit asserted that MrBeast had not earned a single dollar from the burger venture in almost three years since its inception. In response, Virtual Dining announced their own countersuit against Mr. Beast for $100 million.

Clothing Line

MrBeast’s merchandise line represents his second-largest income source outside of YouTube revenue. Available for purchase at shopmrbeast.com, his offerings encompass a diverse selection of t-shirts, hoodies, hats, water bottles, mouse pads, backpacks, and much more. It is estimated that merchandise sales account for about 40% of MrBeast’s yearly income.

Feastables

In January 2022, MrBeast introduced Feastables, a food venture that launched a line of chocolate bars known as “MrBeast Bars.” Following this, a series of sweepstakes, challenges, and giveaways occurred, and in April 2023, the enterprise expanded to include a gummy candy line titled “Karl Gummies,” in partnership with Karl Jacobs.

Charity

Throughout the years, MrBeast has donated or raised tens of millions of dollars for different charitable organizations. His entertaining videos have contributed items to numerous causes, including homeless shelters, the Veterans Army Wounded Warrior Program, Saint Jude Children’s Research Hospital, and a local animal rescue in Los Angeles. For instance, in December 2018, a video yielded a $100,000 donation in clothing and other necessities to homeless shelters.

In October 2019, Jimmy collaborated with NASA engineer and YouTuber Mark Rober to establish a foundation named #TeamTrees. The objective was to gather $20 million within three months to support the Arbor Day Foundation, with the promise of planting one tree for each dollar raised. Numerous YouTubers came together to endorse this initiative. Remarkably, #TeamTrees collected $4 million within the first 24 hours of its launch. By December, the total surpassed $20 million, and, as of now, they have raised over $22 million.

Personal Life

Jimmy has been diagnosed with Crohn’s disease, an inflammatory bowel condition, since ninth grade. He has spoken about his ongoing struggle with this debilitating illness. Prior to his diagnosis, he experienced frequent illnesses and, during one summer, lost 30 pounds due to severe discomfort. Along with medication, MrBeast adheres to a relatively strict diet.

Girlfriend

In June 2019, Jimmy commenced a relationship with Maddy Spidell, whom he met on Twitter.

Maddy was first identified as MrBeast’s girlfriend in a February 2020 video under the title “Surprising My Girlfriend With 100,000 Roses For Valentine’s Day.” This video currently boasts over 50 million views. Maddy has since appeared in several other MrBeast videos, such as “I Adopted EVERY Dog in a Dog Shelter” and “I Spent 50 Hours in Solitary Confinement.”