MrBeast Net Worth (Money & Salary)

Discovering MrBeast’s Net Worth

American YouTube star, philanthropist, and entrepreneur MrBeast has a net worth of $1 billion. His net worth is based on a conservative valuation of his diverse empire, taking into account that he typically reinvests all his video earnings into future content production rather than personal gain. In November 2022, reports emerged that MrBeast was seeking investors for a business buy-in valued at $1.5 billion.

During January 2024, news broke of a $100 million deal between MrBeast and Amazon for exclusive streaming rights. Court documents from 2024 related to MrBeast Burgers revealed an “Asset & Monetization Review” org chart, which exposed that MrBeast’s empire generated $223 million in gross revenue in 2023 and was projected to exceed $700 million in 2024. These revelations contributed to MrBeast officially becoming a billionaire in June 2024 at the young age of 26, making him the eighth youngest billionaire globally. Notably, unlike most billionaires under 30 who inherited their wealth, MrBeast earned his through his endeavors.

Also recognized as Jimmy Donaldson, MrBeast is renowned for his philanthropic YouTube stunts where he gifts significant sums of money to individuals or charitable causes. He is a pioneering figure in philanthropic YouTube content and ranks among the highest-paid YouTubers. For instance, in 2020, he amassed $24 million from his YouTube channel, merchandising, and sponsorships with companies like Microsoft and Electronic Arts. By 2021, his earnings skyrocketed to $50 million, with approximately $30 million from YouTube ad revenue and $10 million from sponsorship deals. His stunts are often centered around philanthropy, such as giving money to strangers or supporting entire rescue animal shelters.

Currently, MrBeast’s primary channels, including Mr Beast, MrBeast Gaming, MrBeast 2, Beast Reacts, and MrBeast Philanthropy, amass over 415 million subscribers collectively, with MrBeast’s main channel alone boasting 270 million subscribers, making it the most subscribed YouTube account.

Jimmy Donaldson’s Early Life and Career

Jimmy, born on May 7, 1998, in Greenville, North Carolina, attended Greenville Christian Academy, graduating in 2016. He commenced his YouTube journey at age 12 under the alias “MrBeast6000.” Despite a brief college stint, he dropped out to pursue YouTube full-time, initially creating content focused on video game commentary, reactions, and humorous compilations.

Mr Beast’s Rise to Prominence

Jimmy garnered significant attention with his 2017 video “counting to 100,000,” where he spent 44 hours achieving the feat. The video amassed over 21 million views, propelling his popularity.

Subsequent content included counting to 200,000, reading dictionaries, the “Bee Movie” script, ubering across America, repeating “Logan Paul” 100,000 times, and enduring a 10-hour loop of Jake Paul’s music video “It’s Every Day Bro.” His YouTube channels now exceed 400 million subscribers collectively, with most videos garnering over 20 million views. He received accolades such as Vlogger of the Year at the 2019 Shorty Awards and YouTuber of the Year at the 2020 Streamy Awards.

Philanthropic Stunts

MrBeast struck gold in 2018 with his “stunt philanthropy” approach, captivating audiences by giving away large sums like $1,000, hundreds of thousands, and even $1 million in various instances.

In a notable December 2019 video challenge, participants competed to keep their hand on a stack of $1 million, with the last person standing claiming the sum:

Monthly Content Budget

MrBeast confirms he reinvests his monthly earnings back into content production, with expenses as high as his revenue due to his significant giveaway sums, amounting to at least $3 million per month covering production, staff salaries, rent, and more.

Monthly Income Sources

MrBeast’s monthly earnings surpass $3 million from YouTube video views alone. To illustrate, in March 2022, he uploaded 54 videos across 13 channels, accumulating 283 million views. He derives income primarily from:

• Ad revenue
• Sponsorships
• Merchandise

When we approach each source:

Ad Revenue

It’s noteworthy that video ads fetch widely varying CPMs in different countries. The US and Canada tend to pay significantly more for video ads compared to Brazil. On average, a video CPM could be around $5, amounting to $5 per thousand views, which translates to $1.4 million in net earnings given 283 million views.

Sponsorships

Reports suggest that MrBeast charges $1 million monthly to be the primary sponsor of his main video page, such as with credit bureau Experian in March. Factoring in sponsorships from his other channels, it’s not improbable that Beast rakes in a minimum of $1 million, bringing the total to $2 million.

Merchandise

Popularly known as the secret holy grail of earnings, merchandise sales have been a huge chunk of MrBeast’s revenue. Around half of his $54 million earnings in the previous year came from merchandise, averaging around $2.25 million per month. Let’s round it down to $2 million.

Adding up these three revenue streams, we get:

1.4 + 2 + 2 = $5.4 million

This translates to an amount of $174,193 earned every single day in March.



Team Trees

In October 2019, Jimmy, along with former NASA engineer Mark Rober, initiated a fundraising challenge named #TeamTrees with the aim of raising $20 million for the Arbor Day Foundation over three months. Surpassing the target within two months, the project has now raised $23 million and has successfully planted over 7 million trees. Upon reaching the goal of planting 20 million trees, an estimated 1.6 million tons of carbon will be removed from the atmosphere, along with the elimination of 116 thousand tons of chemical air pollution.

Mobile Gaming

In June 2020, MrBeast rolled out a multiplayer endurance game titled “Finger on the App,” where participants worldwide were required to keep a finger on their phone screen within the app, with the last person winning $25,000.

Awards

Throughout his career, MrBeast has earned several notable award nominations. In 2019, he secured the Breakout Creator award at the Streamy Awards and was nominated for Ensemble Cast and Creator of the Year. In 2020, MrBeast clinched the following Streamy Awards:

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

Additionally, he took home the YouTuber of the year award at the Shorty Awards and bagged awards for Social Good: Creator and Brand Engagement at the 12th Streamy Awards in 2022.

In 2021, he received a nomination for Favorite Male Social Star at the Kids’ Choice Awards and later won the Favorite Male Creator award in both 2022 and 2023. Upon receiving the award, he was famously slimed.



MrBeast Burger

In December 2020, Jimmy introduced the “MrBeast Burger” in collaboration with over 300 restaurants across the US. The MrBeast Burger app soared to become the #1 most popular free app on the Apple store one day after its release. To date, he has successfully sold over a million burgers.

In September 2022, a physical MrBeast Burger outlet opened at the American Dream Mall in East Rutherford, New Jersey. Notably, MrBeast expressed regret over quality issues and expressed a wish to close the MrBeast Burger business, although Virtual Dining Concepts, the company behind it, prevented that.

However, issues arose within the MrBeast Burger venture. In August 2023, MrBeast filed a lawsuit against his partner, Virtual Dining Concepts, alleging poor quality and inedible food. Shockingly, despite nearly three years since launch, MrBeast claimed he hadn’t made a single dollar from the endeavor. Subsequently, Virtual Dining Concepts countered with a $100 million lawsuit against Mr. Beast.

Clothing Line

His merchandise line, available through shopmrbeast.com, stands as MrBeast’s second-largest income stream outside of his YouTube earnings. The line offers a variety of products, including t-shirts, hoodies, hats, water bottles, mouse pads, and backpacks, contributing an estimated 40% of his annual income.

Feastables

January 2022 saw the unveiling of Feastables by MrBeast, a food company that launched “MrBeast Bars,” a line of chocolate bars. Subsequent sweepstakes, challenges, and giveaways led to the expansion in April 2023 to include “Karl Gummies,” a line of gummy candy created in collaboration with Karl Jacobs.

Charity

Over the years, MrBeast has supported various charities, donating or raising millions of dollars. His videos have contributed to organizations like homeless shelters, the Veterans Army Wounded Warrior Program, St. Jude Children’s Research Hospital, and a local animal shelter in Los Angeles. For instance, a December 2018 video donated $100,000 worth of items to homeless shelters.

In October 2019, Jimmy teamed up with NASA engineer Mark Rober to establish #TeamTrees, aiming to raise $20 million within three months for the Arbor Day Foundation. The foundation pledged to plant a tree for every dollar raised. The initiative garnered $4 million within 24 hours of launch and crossed $20 million by December, surpassing $22 million at the time of writing.

Personal Life

Jimmy has battled Crohn’s disease, an inflammatory bowel condition, since ninth grade. Throughout the years, he has openly discussed his long-term struggle.

He battled hard against the debilitating condition, enduring frequent sickness and shedding 30 pounds during one summer due to extreme discomfort prior to diagnosis. In addition to medication, MrBeast adheres to a fairly strict diet.

Girlfriend

In June 2019, Jimmy and Maddy Spidell started dating, having initially connected through Twitter.

Maddy was officially introduced 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 since featured in multiple MrBeast videos, including “I Adopted EVERY Dog in a Dog Shelter” and “I Spent 50 Hours in Solitary Confinement.”