MrBeast Net Worth (Money & Salary)

What is MrBeast’s Net Worth?

The net worth of MrBeast, an American entrepreneur, philanthropist, and YouTube star, is estimated at $1 billion. This valuation of MrBeast’s expansive empire is considered conservative and takes into account his historical practice of not profiting from his videos. He has frequently asserted that he reinvests his earnings from video content into future productions. In November 2022, reports indicated that he was seeking investors to join his business at a valuation of $1.5 billion.

A report in January 2024 revealed that MrBeast was finalizing a deal worth $100 million with Amazon for an exclusive streaming series. As part of a 2024 legal case linked to MrBeast Burgers, an “Asset & Monetization Review” organizational chart was presented as evidence and subsequently released to the public. This chart indicated that in 2023, MrBeast’s empire accrued $223 million in gross revenue and was projected to reach $700 million in 2024 (as of February 2024). Thanks to these insights, MrBeast officially attained billionaire status in June 2024 at the age of 26, making him the eighth youngest billionaire globally. Notably, of the 16 billionaires under 30 at that moment, only MrBeast did not inherit his wealth.

Known as Jimmy Donaldson, MrBeast is recognized for his YouTube antics, which involve generous financial giveaways to friends and charitable causes. His innovative philanthropic stunt videos have set the standard in the YouTube community. He ranks among the highest-paid YouTubers worldwide. In 2020, he earned $24 million through his YouTube channel, merchandise sales, and partnerships with companies like Microsoft and Electronic Arts. In 2021, his earnings escalated to $50 million, with approximately $30 million from YouTube ads and $10 million from sponsorships. His attention-grabbing stunts usually integrate a charitable element, such as giving money to random individuals or adopting a whole group of rescue dogs from a shelter.

At present, his primary channels—Mr Beast, MrBeast Gaming, MrBeast 2, Beast Reacts, and MrBeast Philanthropy—collectively have over 415 million subscribers, with his main channel alone boasting 270 million subscribers, securing his status as the most-subscribed YouTube account.

Early Life and Career Beginnings

On May 7, 1998, Jimmy Donaldson was born in Greenville, North Carolina, where he graduated from Greenville Christian Academy in 2016. His journey into YouTube began at the age of 12, when he used the username “MrBeast6000” to post videos. After a brief stint in college, he decided to drop out to focus on his YouTube career full-time. Initially, his videos consisted of commentary on video games, reaction content, and humorous compilations.

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The Success of Mr. Beast

After the release of the video “counting to 100,000” in 2017, Jimmy gained significant recognition. In that video, he counted to 100,000 for 44 hours. This video went on to amass over 21 million views.

He later created a follow-up video where he counted up to 200,000. His other notable achievements include reading the entire dictionary, reciting the script of “Bee Movie,” traveling across America via Uber, repeating “Logan Paul” 100,000 times, and enduring the painful experience of watching Jake Paul’s music video “It’s Every Day Bro” on a loop for 10 hours.

Currently, MrBeast’s YouTube channels combine for more than 400 million subscribers and have reached tens of billions of views. Typically, most of his videos get over 20 million views each. At the 2019 Shorty Awards, he received a nomination for Vlogger of the Year and won the Breakout Creator award. In 2020, he was nominated for the Kids’ Choice Award for Favorite Male Social Star and secured the title of YouTuber of the Year, along with being named Creator of the Year at the Streamy Awards.

Philanthropy through Stunts

In 2018, Jimmy struck gold with the introduction of “stunt philanthropy.” A particularly renowned video from this time featured MrBeast gifting $1,000 to random strangers. This led to millions of fans subscribing to his channels, where he gave away hundreds of thousands of dollars and even reached the mark of $1 million.

In December 2019, he released a video challenging people to keep their hands on a pile of $1 million in cash, where the last individual to remove their hand from the stack would claim the money:

Budget for Monthly Video Production

MrBeast has disclosed that his monthly expenses for content production match his income. This aligns with the fact that in certain videos, he literally dispenses $1 million. He allocates no less than $3 million each month for production costs, salaries for staff, rent, and additional expenditures.

Earnings Per Month

As mentioned earlier, MrBeast generates a minimum of $3 million each month through YouTube video views. For instance, in March 2022, he uploaded 54 videos across his 13 channels, garnering a total of 283 million views. To gauge how this income translates, we identify three main revenue sources for MrBeast:

• Ad revenue
• Sponsorships
• Merchandise

Examining each source:

Ad Revenue

Video ads have varying CPMs in different regions. Ads shown in the US and Canada yield significantly more than those in Brazil. However, an average video CPM can be viewed as $5, which translates to $5 for every thousand views, net for MrBeast. With 283 million views, this totals approximately $1.4 million in net income.

Sponsorships

It has been reported that MrBeast asks for $1 million monthly to be the prime sponsor of his main video channel. For instance, in March, the sponsor was credit bureau Experian. It would not be unreasonable to estimate that through additional sponsorships across his other channels, he earns another minimum of $1 million, totaling $2 million.

Merchandise

Often referred to as the secret goldmine. Last year, when MrBeast’s income was around $54 million, it is estimated that nearly HALF resulted from merchandise sales, based on various reports. This averages out to $2.25 million monthly. To be conservative, let’s adjust that figure to $2 million.

When we sum these three revenue streams, we arrive at:

1.4 + 2
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+ 2 = $5.4 million

This number translates to an impressive $174,193 earned daily throughout March.

Team Trees

In October 2019, a challenge known as #TeamTrees was initiated by Jimmy alongside a former NASA engineer, Mark Rober. Their objective was to gather $20 million for the Arbor Day Foundation within a three-month timeframe. Remarkably, they achieved this goal in just two months, and as of now, the project has amassed $23 million and planted over 7 million trees. Once they reach their target of planting 20 million trees, the initiative will have removed approximately 1.6 million tons of carbon from the air, along with 116,000 tons of chemical air pollution.

Mobile Gaming

In June 2020, MrBeast introduced a multiplayer endurance game named “Finger on the App.” The game’s concept was relatively straightforward: participants worldwide needed to keep a finger on their phone screens within the app. The last person to remove their finger would receive a prize of $25,000.

Awards

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

During the 2020 Streamy Awards, MrBeast took home the following honors:

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

Additionally, he was recognized as YouTuber of the Year at the Shorty Awards in 2020. At the 12th Streamy Awards in 2022, he won awards for Social Good: Creator and Brand Engagement.

In 2021, MrBeast received a nomination for Favorite Male Social Star at the Kids’ Choice Awards. The following year, he secured the award for Favorite Male Creator, winning the same accolade again in 2023. Upon accepting the award, he was playfully slimed:

MrBeast Burger

In December 2020, Jimmy rolled out “MrBeast Burger” in collaboration with over 300 restaurants across the United States. The day after the MrBeast Burger app launched on the Apple Store, it rapidly became the most popular free app on the platform. To date, he has sold over a million burgers.

In September 2022, he inaugurated a physical MrBeast Burger location.in East Rutherford, New Jersey, at the American Dream Mall. MrBeast later conveyed his disappointment regarding the inability to ensure quality, expressing a desire to discontinue the MrBeast Burger business; however, the Virtual Dining Concepts company prevented that from occurring.

Regrettably, the situation with MrBeast Burger was not positive. In August 2023, MrBeast initiated legal action against his partner in the venture, Virtual Dining Concepts, claiming the company produced food that was inedible and of poor quality. The lawsuit further asserted that MrBeast had not profited at all from the burger enterprise in the almost three years since it launched. In August 2023, it was reported that Virtual Dining is filing a countersuit against MrBeast for $100 million.

Clothing Line

Aside from YouTube earnings, MrBeast’s merchandise line serves as his second-largest income source. Available through shopmrbeast.com, the range includes various t-shirts, hoodies, hats, water bottles, mouse pads, backpacks, and more. It is estimated that merchandise sales contribute about 40% to MrBeast’s annual earnings.

Feastables

MrBeast unveiled Feastables in January 2022, a food company that introduced its chocolate bar line called “MrBeast Bars.” Following this, several sweepstakes, challenges, and giveaways took place, and in April 2023, the business broadened its offerings to include a gummy candy line named “Karl Gummies,” created in collaboration with Karl Jacobs.

Charity

Throughout the years, MrBeast has contributed or raised millions of dollars for various charitable organizations. His stunt videos have provided donations to homeless shelters, the Veterans Army Wounded Warrior Program, Saint Jude Children’s Research Hospital, and an animal shelter in Los Angeles. For instance, a video from December 2018 donated items worth $100,000 to homeless shelters.

In October 2019, Jimmy collaborated with NASA engineer and YouTuber Mark Rober to establish a foundation called #TeamTrees. The initiative aimed to raise $20 million within three months for the Arbor Day Foundation, which committed to planting one tree for every dollar raised. Numerous YouTubers joined forces to advocate for the cause. In the first 24 hours of launching, #TeamTrees amassed $4 million. By December, their total exceeded $20 million, and as of this writing, they have collected over $22 million.

Personal Life

Jimmy is affected by Crohn’s disease, an inflammatory bowel disorder, and was diagnosed in ninth grade. Throughout the years, he has often discussed his ongoing struggle with this debilitating condition. Before his diagnosis, he experienced daily illnesses and lost 30 pounds in a single summer due to severe discomfort. Alongside medication, MrBeast adheres to a relatively strict diet.

Girlfriend

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

Maddy was first 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 appeared in several additional MrBeast videos, including “I Adopted EVERY Dog in a Dog Shelter” and “I Spent 50 Hours in Solitary Confinement.”