- Wealth: $1 Billion
- Income: $50 Million per Month
- Date of Birth: May 7, 1998 (26 years old)
- Place of Birth: Kansas, U.S.
- Sex: Male
- Occupation: YouTuber, businessman, humanitarian
Mr Beast Net Worth (MrBeast)
MrBeast is an American YouTbe personality, humanitarian, and entrepreneur with a net worth of $1 billion. MrBeast’s wealth is estimated based on a conservative evaluation of his extensive business endeavors while considering that MrBeast typically does not monetize his videos. MrBeast has consistently stated that he reinvests all his video earnings into creating future content. In November 2022, reports emerged that MrBeast was seeking investors to invest in his enterprise at a value of $1.5 billion.
In January 2024, it was disclosed that MrBeast had finalized a $100 million agreement with Amazon for an exclusive streaming series. During a 2024 legal dispute regarding MrBeast Burgers, an “Asset & Monetization Review” flowchart was presented as evidence and later released to the public. According to this flowchart, MrBeast’s ventures generated $223 million in revenue in 2023 and were projected to reach $700 million in 2024 (as of February 2024). These revelations, in part, led to MrBeast officially attaining billionaire status in June 2024 as confirmed by authoritative sources. At 26, he became the eighth youngest billionaire globally. Among the 16 billionaires under 30 at the time, MrBeast was the only self-made billionaire.
Jimmy Donaldson, also known as MrBeast, is renowned for his YouTube initiatives that involve generous donations to individuals or charitable causes. He is recognized as a trailblazer in philanthropic YouTube content. He is also one of the top-earning YouTubers worldwide. In 2020, he earned $24 million from his YouTube channel, merchandise sales, and partnerships with companies like Microsoft and Electronic Arts. By 2021, his earnings had jumped to $50 million, with around $30 million from YouTube advertising and $10 million from sponsorships. His videos often incorporate acts of philanthropy, such as assisting strangers financially or rescuing an entire shelter of dogs.
Currently, his primary channels, Mr Beast, MrBeast Gaming, MrBeast 2, Beast Reacts, and MrBeast Philanthropy, command a collective audience of over 415 million subscribers. MrBeast’s main channel alone boasts 270 million subscribers, making it the most subscribed channel on YouTube.
(Photo by Jeff Kravitz/FilmMagic)
Early Years and Career Beginnings
Jimmy Donaldson was born on May 7, 1998, in Greenville, North Carolina. He attended Greenville Christian Academy and graduated in 2016. He commenced sharing videos on YouTube at the age of 12 under the username “MrBeast6000”. Although he briefly enrolled in college, he decided to leave and focus on his YouTube venture full-time. His initial content included video game commentary, reactions, and comedic compilations.
Mr Beast’s Achievements
Jimmy gained significant fame by posting the video “counting to 100,000” in 2017. This video featured him spending 44 hours counting to 100,000 and garnered over 21 million views.
He continued to create engaging content by counting to 200,000 in a subsequent video and undertaking other unique challenges like reading the dictionary, reciting the “Bee Movie” script, embarking on a cross-country Uber journey, repeated utterances of “Logan Paul”, and enduring a 10-hour loop of the controversial Jake Paul music video “It’s Every Day Bro”.
His YouTube channels have collectively amassed over 400 million subscribers and billions of views. Most of his videos receive over 20 million views on average. He was a nominee for Vlogger of the Year at the 2019 Shorty Awards and won the Breakout Creator award. He also received a Kids’ Choice Award nomination for Favorite Male Social Star in 2020, won the 2020 YouTuber of the Year award, and was honored as the 2020 Creator of the Year at the Streamy Awards.
Philanthropic Ventures
Jimmy struck gold in 2018 with the concept of “stunt philanthropy.” In one notably popular video, MrBeast generously distributed $1,000 to random individuals. His fan base rapidly grew as a result of the numerous giveaways, including hundreds of thousands of dollars and even $1 million.
In December 2019, he issued a challenge where participants had to keep their hand on a stack of $1 million in cash. The last person to lift their hand from the stack was entitled to the money:
Monthly Video Production Budget
MrBeast has verified that his monthly content production spending matches his earnings. This aligns with the fact that he often gives away significant amounts, like a million dollars in some videos. His monthly production costs, staff salaries, rent, and other expenses total at least $3 million.
Monthly Earnings
As mentioned earlier, MrBeast generates a minimum of $3 million per month from his YouTube video views. For instance, in March 2022, MrBeast uploaded 54 videos across his 13 channels, garnering a total of 283 million views. To estimate potential earnings, let’s break down MrBeast’s three main income streams:
- Advertisement revenue
- Sponsorship deals
- Merchandise sales
Exploring each source:
Advertisement Revenue
Various factors influence video ad earnings, such as location. Assuming an average CPM of $5 per video, MrBeast’s 283 million views equate to $1.4 million in earnings.
Sponsorship Deals
Reports suggest MrBeast charges $1 million monthly for primary sponsorships. Besides, sponsorships across his other channels likely bring in at least an additional $1 million, summing up to $2 million.
Merchandise Sales
Merchandise sales are a significant income source. Roughly half of MrBeast’s $54 million earnings last year came from merchandise—a monthly average of around $2.25 million, estimated conservatively at $2 million.
Adding these revenues, we get:
1.4 + 2 + 2 = $5.4 million
This translates to $174,193 earned daily in March.
(Photo by Matt Winkelmeyer/Getty Images for Nickelodeon)
Team Trees
In October 2019, Jimmy and a former NASA engineer, Mark Rober, initiated a donation challenge named #TeamTrees. Their initial aim was to raise $20 million for the Arbor Day Foundation within three months. Surpassing the target within two months, the project has now gathered $23 million and planted over 7 million trees. When the goal of planting 20 million trees is achieved, an estimated 1.6 million tons of carbon and 116 thousand tons of chemical air pollution will be eliminated.
Mobile Gaming
In June 2020, MrBeast introduced a multiplayer endurance game titled “Finger on the App.” The game was straightforward—the last person to remove their finger from the phone screen within the app would win $25,000.
Awards
MrBeast has received multiple prestigious award nominations during his career. In 2019, he secured the Breakout Creator title at the Streamy Awards and was nominated for Ensemble Cast and Creator of the Year the same year.
In 2020, MrBeast claimed victory at the Streamy Awards in the following categories:
- Creator of the Year
- Live Special
- Social Good: Creator
- Social Good: Nonprofit of NGO
Additionally, he won the YouTuber of the Year accolade at the Shorty Awards. At the 12th Streamy Awards in 2022, he triumphed in the Social Good: Creator and Brand Engagement categories.
In 2021, he was a nominee for Favorite Male Social Star at the Kids’ Choice Awards and subsequently won the Favorite Male Creator title in the 2022 and 2023 editions. On receiving the award, he was slimed:
(Photo by Kevin Mazur/Getty Images for Nickelodeon)
<h2id=”philanthropist-meal”>Philanthropist Meal
Back in December 2020, Jimmy introduced the “Philanthropist Meal” in collaboration with over 300 eateries across the United States. Following the launch of the Philanthropist Meal app on the Apple store, it swiftly climbed to become the most popular complimentary app on the platform. So far, he has vended over a million meals.
In September 2022, he inaugurated a physical Philanthropist Meal outlet at the American Dream Mall in East Rutherford, New Jersey. Jimmy later expressed disappointment at the inability to ensure quality and expressed intentions to cease operations of the Philanthropist Meal enterprise. However, Virtual Dining Concepts company thwarted those plans.
Unfortunately, it was revealed that all was not as expected with the Philanthropist Meal. In August 2023, Jimmy filed a lawsuit against his partner in the venture, Virtual Dining Concepts, citing the production of inedible and subpar food. The lawsuit also alleged that in the nearly three years since the meal was introduced, Jimmy had not generated a single dollar from the endeavor. In August 2023, it was announced that Virtual Dining is counter-suing Jimmy for $100 million.
Apparel Collection
Beyond YouTube earnings, Jimmy’s second-largest revenue stream stems from his clothing line. Offered through shopmrbeast.com, he provides a broad selection of tees, pullovers, caps, drink bottles, mouse mats, knapsacks, and more. Approximately 40% of Jimmy’s yearly earnings are derived from clothing sales.
Feasting Goodies
In January 2022, Jimmy unveiled Feasting Goodies, a nourishment company that introduced its own array of chocolate bars named “Jimmy Bars.” Numerous contests, dares, and giveaways ensued, and by April 2023, the venture broadened to include a line of gelatin candies dubbed “Karl Treats” in partnership with Karl Jacobs.
Philanthropy
Throughout the years, Jimmy has contributed or gathered tens of millions of dollars for various charitable causes. His daring videos have contributed goods to destitute shelters, the Veterans Army Wounded Warrior Program, Saint Jude Children’s Research Hospital, and a nearby animal sanctuary in Los Angeles. For instance, a video from December 2018 donated $100,000 worth of clothing and other items to homeless shelters.
In October 2019, Jimmy collaborated with NASA engineer and YouTuber Mark Rober to set up a foundation named #TeamTrees. The objective was to amass $20 million over the forthcoming three months to assist the Arbor Day Foundation. The institution would plant one tree for every dollar raised. A multitude of YouTubers united to champion the cause. Within 24 hours of the launch, #TeamTrees had accumulated $4 million. By December, they had raised over $20 million. Presently, they have raised more than $22 million.
Personal Story
Jimmy grapples with an inflammatory bowel condition referred to as Crohn’s disease. He received the diagnosis of this disease in ninth grade. Over time, he has recounted the enduring struggle he confronted against this debilitating ailment. Before the diagnosis, he was getting ill almost daily and, at one point, lost 30 pounds over a summer due to severe discomfort. Apart from medication, Jimmy adheres to a fairly strict diet.
Partner
In June 2019, Jimmy commenced dating Maddy Spidell. Their encounter transpired via Twitter.
Maddy was unveiled as Jimmy’s partner for the first time in a February 2020 video titled “Surprising My Partner With 100,000 Roses For Valentine’s Day.” This video has garnered over 50 million views at present. Maddy has subsequently made appearances in various Jimmy’s videos, including “I Adopted EVERY Dog in a Dog Shelter” and “I Spent 50 Hours in Solitary Confinement.”
Stats are from 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050.