MrBeast Net Worth (Money & Salary)

What is MrBeast’s Net Worth?

The net worth of MrBeast, an American YouTube sensation, philanthropist, and entrepreneur, is estimated to be $1 billion. This valuation is considered conservative and reflects the expansive nature of his business empire, particularly since MrBeast has consistently stated that he does not take profits from his videos. He has emphasized that all earnings from his videos are reinvested into creating future content. In November 2022, reports emerged that MrBeast was seeking investors to buy into his business, valuing it at $1.5 billion.

In January 2024, news indicated MrBeast was finalizing a $100 million agreement with Amazon for exclusive streaming rights to a series. During a court case in 2024 related to his MrBeast Burgers venture, an “Asset & Monetization Review” organizational chart was presented as evidence and later released to the public. The chart showed that in 2023, MrBeast’s empire earned $223 million in gross revenue and was projected to bring in approximately $700 million in 2024 (as of February 2024). Due to these insights, MrBeast officially became a billionaire in June 2024, achieving this milestone at the age of 26 and earning the title of the eighth youngest billionaire globally. Notably, among the 16 billionaires under 30 at that time, MrBeast was the only one who did not inherit wealth.

Known as Jimmy Donaldson, MrBeast gained fame for his YouTube stunts featuring substantial monetary giveaways to friends or charitable causes. He is regarded as the pioneer of philanthropic stunt videos on YouTube and ranks among the highest-paid YouTubers worldwide. In 2020, his earnings reached $24 million from his YouTube channel, merchandise, and sponsorship deals with notable brands like Microsoft and Electronic Arts. The following year, his income rose to $50 million, with approximately $30 million from YouTube ads and $10 million from sponsorships. His videos often carry a philanthropic message, such as donating to strangers or rescuing an entire shelter’s worth of dogs.

As of now, MrBeast’s main channels, including Mr Beast, MrBeast Gaming, MrBeast 2, Beast Reacts, and MrBeast Philanthropy, collectively have over 415 million subscribers. His main channel alone has 270 million subscribers, making it the most-subscribed account on YouTube.

Early Life and Career Beginnings

Jimmy Donaldson, born on May 7, 1998, in Greenville, North Carolina, graduated from Greenville Christian Academy in 2016. He began his YouTube journey at the age of 12 under the username “MrBeast6000.” Although he briefly attended college, he left to focus entirely on his YouTube endeavors. His initial content consisted mainly of video game commentary, reaction videos, and humorous compilations.

Mr Beast’s Success

In 2017, Jimmy skyrocketed to fame with his video “counting to 100,000,” in which he spent an impressive 44 hours counting. This captivating video amassed over 21 million views.

He then produced another video where he counted to 200,000. His impressive feats also include reading the entire dictionary, reciting the script of the “Bee Movie,” taking an Uber trip across America, saying “Logan Paul” 100,000 times, and enduring the dreadful Jake Paul music video “It’s Every Day Bro” for 10 continuous hours.

Currently, his YouTube channels boast over 400 million subscribers in total and have collectively attracted tens of billions of views. The average video receives over 20 million views. At the 2019 Shorty Awards, he was nominated for Vlogger of the Year and won the Breakout Creator award. Additionally, in 2020 he was nominated for a Kids’ Choice Award for Favorite Male Social Star and secured the title of YouTuber of the Year. He also received the Creator of the Year award at the Streamy Awards in 2020.

Stunt Philanthropy

In 2018, Jimmy struck gold by introducing the concept of “stunt philanthropy.” One of the standout videos from that time featured MrBeast giving away $1,000 to random strangers. His generosity attracted millions of subscribers to his channels, witnessing him distribute hundreds of thousands and even up to $1 million.

In December 2019, he shared a video that invited viewers to keep their hand on a stack of $1 million in cash. The last person to withdraw their hand would get to keep the money:

Monthly Video Production Budget

MrBeast has stated that his monthly content production expenses match his earnings. This makes sense given that in some of his videos, he literally gifts away a million dollars. His monthly production budget is at least $3 million, covering costs such as production, staff salaries, rent, and more.

Monthly Earnings

As previously mentioned, MrBeast generates a minimum of $3 million every month from views of his YouTube videos. For instance, in March 2022, he uploaded 54 videos across his 13 channels, which yielded a total of 283 million views. To decipher the possible income from this, we begin by acknowledging MrBeast’s three main income streams:

• Ad revenue
• Sponsorships
• Merchandise

Examining each income source:

Ad Revenue

Different countries offer varying CPMs for video ads. Ads shown in the US and Canada yield significantly higher returns than those in Brazil. However, on average, we can presume a video CPM of about $5, equating to $5 for every thousand views, netting MrBeast $1.4 million from the 283 million views.

Sponsorships

Reports suggest that MrBeast charges around $1 million monthly for the main sponsorship of his primary video channel. In March, Experian served as that sponsor. It’s reasonable to estimate that through sponsorships across his other channels, he’s bringing in another minimum of $1 million, making it a total of $2 million.

Merchandise

This is often considered the hidden treasure. In the previous year, MrBeast’s earnings reached approximately $54 million, with around half stemming from merchandise sales, according to various reports. This translates to about $2.25 million monthly, but for conservativeness, we can round it down to $2 million.

Adding up these three revenue streams yields:

1.4 + 2+ 2 = $5.4 million

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

Team Trees

Launched in October 2019, a fundraising challenge called #TeamTrees was orchestrated by Jimmy alongside Mark Rober, a former NASA engineer. Their aim was to gather $20 million for the Arbor Day Foundation within three months. They exceeded this target within just two months, and as of now, the initiative has amassed $23 million and successfully planted over 7 million trees. Upon reaching the ultimate goal of planting 20 million trees, it is estimated that the project will have eliminated 1.6 million tons of carbon from the atmosphere along with 116 thousand tons of chemical air pollution.

Mobile Gaming

In June 2020, MrBeast introduced a multiplayer endurance game titled “Finger on the App.” The game’s premise was surprisingly straightforward; players worldwide were required to keep a finger on their phone screens within the app. The last participant to remove their finger would win $25,000.

Awards

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

MrBeast was awarded the following Streamy Awards in 2020:

• 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 in the same year. At the 12th Streamy Awards in 2022, he won in the categories of Social Good: Creator and Brand Engagement.

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

MrBeast Burger

In December 2020, Jimmy unveiled “MrBeast Burger” in collaboration with over 300 restaurants across the US. The day after the launch of the MrBeast Burger app on the Apple Store, it rapidly ascended to become the #1 most popular free app on the platform. To date, more than a million burgers have been sold.

By September 2022, he opened a physical location for MrBeast Burger.

Located in the American Dream Mall in East Rutherford, New Jersey, MrBeast later mentioned his disappointment regarding the inability to ensure quality, indicating his desire to close down the MrBeast Burger business; however, Virtual Dining Concepts refused to allow that to occur.

Unfortunately, issues surrounding MrBeast Burger soon came to light. In August 2023, a lawsuit was filed by MrBeast against his business partner, Virtual Dining Concepts, accusing the company of producing food that was inedible and of low quality. According to the lawsuit, MrBeast claimed he had not profited at all from the burger venture in the almost three years since its initiation. It was also declared that in August 2023, Virtual Dining was countersuing MrBeast for $100 million.

Clothing Line

Aside from YouTube earnings, the second-largest income source for MrBeast is his merchandise line. Available via shopmrbeast.com, a diverse selection of items such as t-shirts, hoodies, hats, water bottles, mouse pads, and backpacks can be found. Estimates suggest that approximately 40% of MrBeast’s annual earnings derive from merchandise sales.

Feastables

In January 2022, MrBeast introduced Feastables, a food company that began its own series of chocolate bars known as “MrBeast Bars.” Following this, several challenges, giveaways, and sweepstakes were launched, and in April 2023, the business diversified to include a gummy candy line called “Karl Gummies” in collaboration with Karl Jacobs.

Charity

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

In October 2019, Jimmy collaborated with NASA engineer and YouTuber Mark Rober to establish a foundation named #TeamTrees. The aim was to secure $20 million over the following three months to benefit the Arbor Day Foundation, which would plant a tree for every dollar raised. A multitude of YouTubers joined forces to promote the initiative. Within just 24 hours of its launch, #TeamTrees managed to gather $4 million. By December, the total exceeded $20 million. As of this date, they have amassed over $22 million.

Personal Life

Jimmy deals with an inflammatory bowel disease known as Crohn’s disease, a condition he was diagnosed with in the ninth grade. Over time, he has shared details about the prolonged struggles against this debilitating ailment. Before receiving his diagnosis, he would often fall ill, losing 30 pounds in one summer due to severe discomfort. Along with medication, MrBeast adheres to a relatively strict diet.

Girlfriend

In June 2019, Jimmy commenced a relationship with Maddy Spidell, which began through Twitter.

Maddy was first identified 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 as of this writing. 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.”