MrBeast Net Worth (Money & Salary)

What is MrBeast’s Net Worth?

As an American YouTube star, entrepreneur, and philanthropist, MrBeast boasts a net worth of $1 billion. This figure represents a conservative estimate of his expansive empire, factoring in his practice of not monetizing his videos. MrBeast has made it clear that all earnings from his videos are reinvested to fund future productions. In November 2022, reports surfaced indicating that MrBeast was seeking investors, valuing his business at $1.5 billion.

In January 2024, news broke that MrBeast was finalizing a $100 million agreement with Amazon for an exclusive streaming series. Furthermore, during a 2024 court case involving MrBeast Burgers, a publicized “Asset & Monetization Review” organizational chart was presented as evidence. This chart revealed that MrBeast’s empire saw $223 million in gross revenue in 2023 and was projected to reach $700 million in 2024 (as of February 2024). Thanks to these insights, MrBeast officially became a billionaire in June 2024 at the age of 26, marking 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 as Jimmy Donaldson, MrBeast gained fame for his YouTube stunts that involve giving away substantial amounts of money to friends or charitable organizations. He is recognized as the trailblazer of philanthropic stunt videos on the platform and ranks among the top-paid YouTubers worldwide. In 2020, his earnings totaled $24 million from his channel, merchandise sales, and sponsorships with companies like Microsoft and Electronic Arts. The following year, he earned $50 million, consisting of approximately $30 million from YouTube advertisements and $10 million from sponsorships. His stunts often carry a charitable theme, such as donating money to strangers or adopting an entire shelter of rescue dogs.

Currently, his main channels, which include MrBeast, MrBeast Gaming, MrBeast 2, Beast Reacts, and MrBeast Philanthropy, have amassed over 415 million subscribers in total. MrBeast’s primary channel alone has 270 million subscribers, making it the most-subscribed account on YouTube.

Early Life and Career Beginnings

Born on May 7, 1998, in Greenville, North Carolina, Jimmy Donaldson completed his education at Greenville Christian Academy, graduating in 2016. Beginning his YouTube journey at the age of 12 under the username “MrBeast6000,” he experimented with various types of content. Although he briefly attended college, he decided to drop out to focus on his YouTube career. His early videos primarily featured video game commentary, reaction content, and humorous compilations.

Mr Beast’s Success

Widespread fame began for Jimmy in 2017 with his video “counting to 100,000.” In this clip, he dedicated 44 hours to counting to that number, and it eventually amassed over 21 million views.

His next endeavor involved counting to 200,000. Noteworthy feats that followed included reading the dictionary, reciting the “Bee Movie” script, traveling across America via Uber, repeating “Logan Paul” 100,000 times, and watching the infamous Jake Paul music video “It’s Every Day Bro” on a continuous loop for 10 hours.

Currently, his YouTube channels boast a combined subscriber count exceeding 400 million and have racked up tens of billions of views. The average video on his channels garners over 20 million views. He received a Vlogger of the Year nomination at the Shorty Awards in 2019 and took home 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 accolade that same year. He was also recognized as the Creator of the Year at the Streamy Awards in 2020.

Stunt Philanthropy

In 2018, Jimmy struck gold with the advent of “stunt philanthropy.” A particularly well-received video from this era featured MrBeast gifting $1,000 to strangers. This led to millions of fans subscribing to his channels, where he began to give away hundreds of thousands and even $1 million at times.

In December 2019, he shared a video where he challenged participants to keep their hand resting on a stack of $1 million in cash, with the last person to withdraw their hand awarded the money:

Monthly Video Production Budget

MrBeast has stated that his expenditures on content production are roughly equal to his monthly earnings. This makes sense considering the million-dollar giveaways featured in some of his videos. He allocates a minimum of $3 million each month towards production expenses, staff wages, rent, and other costs.

Monthly Earnings

As mentioned earlier, MrBeast’s monthly income from YouTube video views is no less than $3 million. For instance, in March 2022, he uploaded 54 videos across 13 channels, which collectively generated 283 million views. To gauge the potential revenue from this view count, it’s essential to acknowledge MrBeast’s three main income streams:

• Ad revenue
• Sponsorships
• Merchandise

Let’s analyze each revenue source:

Ad Revenue

CPMs for video ads vary considerably depending on the country, with ads in the US and Canada being significantly more lucrative than those in Brazil. Nonetheless, one could reasonably estimate an average CPM of $5, translating to $5 for every thousand views, net for MrBeast. With 283 million views, this results in approximately $1.4 million in net income.

Sponsorships

Reports suggest that MrBeast charges around $1 million monthly for primary sponsorship on his main video page. For example, in March, Experian, a credit bureau, held that role. It’s reasonable to surmise that through sponsorships on his other channels, he generates at least another $1 million, bringing the total to $2 million.

Merchandise

The hidden treasure of his earnings. Last year, MrBeast reportedly made around $54 million, with nearly half stemming from merchandise sales, according to various sources. This breaks down to approximately $2.25 million each month. To be conservative, let’s estimate it at $2 million.

When we sum these three revenue sources, we find:

1.4 + 2+ 2 = $5.4 million

This amount translated to $174,193 earned daily throughout March.

Team Trees

In October 2019, a fundraising challenge titled #TeamTrees was initiated by Jimmy and former NASA engineer Mark Rober. Their aspiration was to gather $20 million for the Arbor Day Foundation in three months. Remarkably, they exceeded this target within two months, and as of the current moment, the initiative has amassed $23 million, resulting in the planting of over 7 million trees. When the goal of planting 20 million trees is accomplished, it is projected that the project will have eliminated approximately 1.6 million tons of carbon from the atmosphere and 116 thousand tons of chemical air pollution.

Mobile Gaming

MrBeast introduced a multiplayer endurance game called “Finger on the App” in June 2020. The game’s premise was straightforward: participants around the world had to maintain their finger on the app’s screen. The last individual to remove their finger would win $25,000.

Awards

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

During 2020, MrBeast secured the following Streamy Awards:

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

Additionally, he earned the YouTuber of the Year award at the Shorty Awards that year. At the 12th Streamy Awards in 2022, he won accolades 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, reclaiming the title in 2023. During his award acceptance, he experienced being slimed:

MrBeast Burger

In December 2020, Jimmy partnered with over 300 restaurants across the United States to launch the “MrBeast Burger.” After debuting the MrBeast Burger app on the Apple store, it swiftly climbed to the top, becoming the #1 most downloaded free app on the platform. To date, he has sold over a million burgers.

In September 2022, he inaugurated a physical location for MrBeast Burger.

Located in East Rutherford, New Jersey, the American Dream Mall is home to MrBeast Burger. MrBeast later shared his regret about the inability to guarantee quality and expressed his desire to close the MrBeast Burger venture. However, his partner, Virtual Dining Concepts, would not permit this.

Sadly, MrBeast Burger was facing issues. In August 2023, he initiated a lawsuit against his business partner, Virtual Dining Concepts, claiming the company was producing inedible and subpar food. The lawsuit further stated that in almost three years since the burger’s debut, MrBeast had earned no profit from the enterprise. In August 2023, it became public that Virtual Dining was countersuing MrBeast for $100 million.

Clothing Line

MrBeast’s merchandise line serves as his second-largest income source, aside from YouTube revenue. Available for purchase through shopmrbeast.com, the range includes t-shirts, hoodies, hats, water bottles, mouse pads, backpacks, and more. It’s estimated that merchandise sales contribute around 40% of MrBeast’s yearly income.

Feastables

MrBeast introduced Feastables in January 2022, a food company that released its brand of chocolate bars called “MrBeast Bars.” Following this, various sweepstakes, challenges, and giveaways occurred, and in April 2023, the business extended its offerings to include “Karl Gummies,” a gummy candy line developed in partnership with Karl Jacobs.

Charity

Throughout the years, MrBeast has contributed or raised tens of millions for numerous charities. His stunt videos delivered supplies 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 video from December 2018 donated $100,000 worth of clothing and additional items to homeless shelters.

In October 2019, Jimmy collaborated with NASA engineer and fellow YouTuber Mark Rober to establish the #TeamTrees foundation. The initiative aimed to raise $20 million within three months for the Arbor Day Foundation, which would plant a tree for every dollar collected. A multitude of YouTubers united to support the initiative. Within 24 hours of its launch, #TeamTrees had amassed $4 million. By December, over $20 million had been raised and at the time of this writing, the total surpassed $22 million.

Personal Life

Jimmy has been living with an inflammatory bowel condition, Crohn’s disease, which he was diagnosed with during ninth grade. Over the years, he has discussed his ongoing struggle with this painful ailment. Prior to his diagnosis, he experienced frequent sickness and, during one summer, lost 30 pounds due to severe discomfort. MrBeast maintains a relatively strict diet, along with medication.

Girlfriend

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

Details about Maddy being MrBeast’s girlfriend were shared for the first time in a February 2020 video titled “Surprising My Girlfriend With 100,000 Roses For Valentine’s Day,” which has accumulated more than 50 million views to date. 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.”