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 reflects a conservative estimate of his extensive empire, noting that he typically does not generate profit from his videos. MrBeast consistently emphasizes that he reinvests all earnings from his videos into creating future content. Reports in November 2022 indicated that he sought investors for a stake in his business, valuing it at $1.5 billion.

In January 2024, news broke that MrBeast was finalizing a $100 million agreement with Amazon for exclusive streaming rights to a series. As evidence in a 2024 lawsuit concerning his MrBeast Burgers, an “Asset & Monetization Review” organizational chart was presented and subsequently released to the public. This chart indicated that MrBeast’s enterprise generated $223 million in gross revenue in 2023 and was projected to reach $700 million in 2024 (as of February 2024). Fueled by these insights, MrBeast officially reached billionaire status in June 2024, achieving this milestone at the age of 26, which positioned him as the eighth youngest billionaire globally. Notably, among the 16 billionaires under 30 at that time, all except for MrBeast had inherited their wealth.

Known as Jimmy Donaldson, MrBeast has become famous for his YouTube stunts that involve giving large sums of money away, either to friends or charitable causes. He is widely regarded as a pioneer in the realm of philanthropic YouTube stunt videos and ranks among the highest-paid YouTubers worldwide. In 2020, he earned $24 million through his YouTube channel, merchandise, and sponsorships with brands such as Microsoft and Electronic Arts. The following year, his earnings surged to $50 million, with approximately $30 million coming from YouTube advertisements and $10 million from sponsorship deals. His videos frequently incorporate charitable elements, such as donating money to strangers or adopting entire shelters of rescue dogs.

As of this writing, MrBeast’s main channels—Mr Beast, MrBeast Gaming, MrBeast 2, Beast Reacts, and MrBeast Philanthropy—collectively have over 415 million subscribers. His primary channel alone, MrBeast, has reached 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 graduated from Greenville Christian Academy in 2016. At the age of 12, he began posting videos on YouTube under the username “MrBeast6000”. He enrolled in college briefly but opted to leave in order to focus on his YouTube career full-time. In his initial videos, he primarily shared game commentary, reaction footage, and humorous compilations.

Mr Beast’s Success

In 2017, Jimmy rose to fame after he released the video “counting to 100,000,” where he dedicated 44 hours to count up to that number. This video ultimately garnered over 21 million views.

Subsequently, he created another video in which he counted to 200,000. Among his other notable feats are reading the dictionary, reciting the “Bee Movie” script, participating in an Uber ride across America, repeating “Logan Paul” 100,000 times, and watching the poorly received Jake Paul music video “It’s Every Day Bro” continuously for 10 hours.

Currently, his YouTube channels boast more than 400 million total subscribers, amassing tens of billions of views across his videos. The majority of his standard videos receive over 20 million views each. He received a nomination for Vlogger of the Year at the 2019 Shorty Awards and won the Breakout Creator award. Additionally, he was nominated for a Favorite Male Social Star at the 2020 Kids’ Choice Awards and earned the title of 2020 YouTuber of the Year. He was also celebrated as the 2020 Creator of the Year at the Streamy Awards.

Stunt Philanthropy

In 2018, Jimmy struck gold by initiating “stunt philanthropy.” A particular video from that era featured MrBeast giving away $1,000 to random strangers. This led to an influx of millions of new subscribers to his channels, as he continued to give away hundreds of thousands and even $1 million.

In a video uploaded in December 2019, he challenged individuals to keep their hand on top of a stack containing $1 million in cash. The last person to remove their hand from the stack won the money:

Monthly Video Production Budget

MrBeast has stated that his monthly content production expenses equal his monthly earnings. This observation aligns with the fact that he often gives away substantial sums, including $1 million in some videos. He allocates at least $3 million each month towards production costs, salaries for his staff, rent, and more.

Monthly Earnings

As previously mentioned, MrBeast generates at least $3 million each month from views on his YouTube videos. For instance, in March 2022, he posted 54 videos across his 13 channels, resulting in a total of 283 million views. To grasp the potential earnings from this view count, we recognize that MrBeast has three primary revenue streams:

• Ad revenue
• Sponsorships
• Merchandise

Examining each source:

Ad Revenue

Video advertisements exhibit vastly varying CPMs depending on the country. A video ad shown in the US or Canada earns significantly more compared to a view from Brazil. Nevertheless, an average CPM of $5 is a safe estimate. This translates to $5 for every thousand views going to MrBeast. At 283 million views, this results in net earnings of approximately $1.4 million.

Sponsorships

Previous reports suggest that MrBeast charges about $1 million monthly for being the primary sponsor of his main video page, with credit bureau Experian as a sponsor in March. It is reasonable to assume that he earns at least an additional $1 million from sponsorships on his other channels, bringing his total to $2 million.

Merchandise

This is regarded as the hidden wealth source. Reports indicate that MrBeast earned around $54 million last year, with approximately half of that coming from merchandise sales. This equates to about $2.25 million monthly, so for conservative estimates, we will round down to $2 million.

Adding up these three sources of revenue, we find:

1.4 + 2+ 2 = $5.4 million

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

Team Trees

In October 2019, a fundraising challenge named #TeamTrees was initiated by Jimmy and ex-NASA engineer Mark Rober. They aimed to raise $20 million for the Arbor Day Foundation within a three-month timeframe. Achieving their target in just two months, the initiative has amassed $23 million and resulted in over 7 million trees being planted as of this writing. Upon reaching their ultimate goal of planting 20 million trees, this project is estimated to have sequestered 1.6 million tons of carbon and eliminated 116 thousand tons of air pollution.

Mobile Gaming

In June 2020, MrBeast introduced a multiplayer endurance game titled “Finger on the App.” The game’s premise was quite straightforward; participants from across the globe needed to keep their fingers pressed on their phone screens within the app. The last individual to lift their finger would be awarded $25,000.

Awards

Throughout his career, MrBeast has received nominations for numerous prestigious awards. In 2019, he was honored with the Breakout Creator award at the Streamy Awards, alongside nominations for Ensemble Cast and Creator of the Year in the same year.

MrBeast achieved the following Streamy Awards in 2020:

• 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 that year. At the 12th Streamy Awards held in 2022, he won awards for Social Good: Creator and Brand Engagement.

In 2021, he received a nomination for Favorite Male Social Star at the Kids’ Choice Awards, eventually winning the Favorite Male Creator award in both 2022 and 2023. During his acceptance speech for the 2023 award, he was slimed:

MrBeast Burger

In December 2020, Jimmy launched “MrBeast Burger” in collaboration with over 300 restaurants across the United States. Following the launch of the MrBeast Burger app on the Apple store, it rapidly climbed to become the most popular free app on the platform. To date, he has sold over a million burgers.

In September 2022, he debuted a physical MrBeast Burger location.

Located in the American Dream Mall in East Rutherford, New Jersey, MrBeast later voiced his disappointment over the inability to ensure quality and expressed his desire to close down the MrBeast Burger brand. However, the company Virtual Dining Concepts has prevented him from doing so.

Regrettably, problems plagued the MrBeast Burger venture. In August 2023, MrBeast initiated a lawsuit against his collaborator, Virtual Dining Concepts, claiming they produced food that was inedible and of poor quality. Additionally, the lawsuit stated that since the burger’s launch nearly three years earlier, MrBeast had not profited from the venture. In August 2023, news emerged that Virtual Dining was countersuing MrBeast for $100 million.

Clothing Line

Apart from YouTube earnings, the second-largest revenue stream for MrBeast is his merchandise line. Available at shopmrbeast.com, the product range includes t-shirts, hoodies, hats, water bottles, mouse pads, backpacks, and more. It is estimated that around 40% of MrBeast’s yearly income is derived from merchandise sales.

Feastables

MrBeast launched Feastables in January 2022, introducing a food line that features chocolate bars named “MrBeast Bars.” Following this, various sweepstakes, challenges, and giveaways were organized, and in April 2023, the brand expanded with a gummy candy line called “Karl Gummies,” in partnership with Karl Jacobs.

Charity

Throughout the years, MrBeast has raised and donated tens of millions of dollars to numerous charitable organizations. His stunt videos have contributed items 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 $100,000 worth of clothing and supplies to homeless shelters.

In October 2019, Jimmy collaborated with NASA engineer and YouTuber Mark Rober to establish the #TeamTrees initiative. The goal was to raise $20 million within three months for the Arbor Day Foundation, promising to plant one tree for each dollar raised. A multitude of YouTubers united to support the effort. Within just 24 hours of its launch, #TeamTrees garnered $4 million. By December, the total exceeded $20 million, and as of now, they have raised over $22 million.

Personal Life

Jimmy has been battling an inflammatory bowel disease known as Crohn’s disease, which he was diagnosed with in ninth grade. He has often talked about his lengthy struggle with this challenging condition. Prior to his diagnosis, he frequently felt ill and at one point, experienced a weight loss of 30 pounds in one summer due to severe discomfort. Alongside medication, MrBeast adheres to a stringent diet.

Girlfriend

In June 2019, Jimmy started dating Maddy Spidell, whom he met via Twitter.

Maddy first appeared as MrBeast’s girlfriend in a February 2020 video titled “Surprising My Girlfriend With 100,000 Roses For Valentine’s Day,” which has since accumulated over 50 million views. Maddy has featured in several other MrBeast videos such as “I Adopted EVERY Dog in a Dog Shelter” and “I Spent 50 Hours in Solitary Confinement.”