MrBeast net worth in 2024
Current Net Worth – $500 Million (USD – 50 Crores), (Rupees – 4,164 Crores)
MrBeast short biography
Net Worth | $500 Million |
---|---|
Born | May 7, 1998 |
Age | 25 years |
Born Place | Wichita, Kansas, U.S. |
Another name | Jimmy Donaldson |
Identified as | YouTuber, Businessman & Philanthropist |
Status | Top YouTuber |
His website | mrbeast.store |
Career time | 2012–present |
Total channels | 5 (MrBeast, MrBeast Gaming, MrBeast 2, Beast Reacts, Beast Philanthropy) |
Education | Greenville Christian Academy |
Nationality | American |
Residence | Greenville, North Carolina, U.S. |
Spousal status | No |
Girlfriend | Thea Booysen |
Children | No |
MrBeast has a net worth of $500 Million (Rupees – 4,164 Crores), one of the top YouTubers in the world with 202 million+ subscribers.
Jimmy Donaldson, best known online as MrBeast, is a businessman, philanthropist, and YouTuber from the United States.
He’s famous for creating YouTube videos that feature expensive stunts and challenges. With a whopping 202 million subscribers, he’s the most-subscribed individual on the platform and ranks as the second-most-subscribed channel overall. In 2022, he made it to Forbes’ list of the highest-paid YouTube creators.
His early videos included Let’s Plays and estimating the wealth of other YouTubers. He hit the big time in 2017 with his “counting to 100,000” video, which quickly went viral. Since then, his videos have consistently garnered tens of millions of views.
His content typically revolves around challenges and giveaways, becoming more luxurious as his popularity soared. As of 2023, the MrBeast team consists of over 250 people, including Donaldson himself.
In addition to his main channel, he manages other YouTube channels like Beast Reacts, MrBeast Gaming, MrBeast 2 (formerly MrBeast Shorts), and Beast Philanthropy.
He also founded MrBeast Burger and Feastables.
MrBeast is not just about YouTube stardom; he’s a philanthropist at heart. He co-created Team Trees, which raised over $23 million for the Arbor Day Foundation, and Team Seas, which raised over $30 million for Ocean Conservancy and The Ocean Cleanup.
His influence in the digital world has earned him several accolades. He was awarded Creator of the Year at the Streamy Awards in 2020, 2021, 2022, and 2023. He also bagged the Favorite Male Creator title twice at the Nickelodeon Kids’ Choice Awards in 2022 and 2023. In 2023, Time magazine recognized him as one of the world’s 100 most influential people.
World records (Guinness World Records):
Year | World Record |
---|---|
2021 | Highest-earning YouTube contributor (current) |
2022 | Largest vegetarian burger, Most subscribers for an individual male on YouTube |
2023 | First person to reach 1 million followers on Threads |
Amazing fact:
Jimmy reinvests the majority of his income back into video production. In recent years, he’s taken video production to a whole new level, spending up to $300,000 on a single video, a significant increase from the $10,000 budgets he worked with in the past.
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MrBeast biography
Full Name | Jimmy Donaldson |
Birthplace | Kansas, U.S. |
Height | 6.2 feet, 188 cm |
Weight | 82 Kg |
Father | Stephen Donaldson |
Mother | Mrs. Donaldson |
MrBeast (James Stephen Donaldson), born on May 7, 1998, in Wichita, Kansas, has a fascinating life story.
He spent most of his childhood in Greenville, North Carolina, alongside his brother CJ. Growing up, James moved around quite a bit.
His parents, both serving in the military and working long hours, entrusted him to the care of au pairs.
In 2007, his parents chose to go through a divorce, which marked a significant change in his life.
This unique journey of his, with its ups and downs, has shaped James into the person he is today. His experiences, though different from the norm, have undoubtedly influenced his perspective on life.
MrBeast social media handles:
Education
In 2016, James achieved a milestone by graduating from Greenville Christian Academy, a small private evangelical Christian high school in the local area.
Later, he made a brief stint at East Carolina University but decided to drop out.
Career
MrBeast YouTube Information
Channels | MrBeast, MrBeast Gaming, MrBeast 2, Beast Reacts, Beast Philanthropy |
Years Active | 2012–present |
Genre | Comedy, Entertainment, Vlogs, Gaming, Reaction |
Subscribers | 202 million+ (main channel) 328 million+ (merged) |
Total Views | 35 billion+ (main channel) 52 billion+ (merged) |
He started his YouTube adventure in 2012 when he was just 13, using the name “MrBeast6000.”
His early videos covered a range of topics, from gaming Let’s Plays to estimating the wealth of fellow YouTubers. He also offered tips to aspiring content creators and commented on YouTube drama.
In 2015 and 2016, MrBeast gained recognition with his “Worst intros on YouTube” series, where he humorously critiqued video introductions. By mid-2016, he had around 30,000 subscribers. That fall, he made a bold decision, dropping out of East Carolina University to pursue a full-time career on YouTube, a choice not supported by his mother, who asked him to leave the family home.
As his channel flourished, MrBeast brought on board childhood friends like Kris Tyson, Chandler Hallow, Garrett Ronalds, and Jake Franklin to contribute to his content. They even reached out to other YouTubers to learn about successful videos and predict the platform’s recommendation system.
In 2017, MrBeast made headlines with a video where he counted to 100,000, which took nearly 40 hours. He continued to gain fame through a series of attention-grabbing stunts, such as using megaphones to try and break glass, watching paint dry for an hour, and attempting to stay underwater for a whole day (though health issues forced him to quit). By 2018, he’d given away $1 million through his extravagant stunts, earning him the title “YouTube’s biggest philanthropist.”
During the PewDiePie vs. T-Series rivalry in 2018, he supported PewDiePie by buying billboards and ads to boost PewDiePie’s subscriber count. He even made a statement during Super Bowl LIII with seats that spelled out “Sub 2 PewDiePie.”
In 2019, MrBeast organized a real-life battle royale competition with a $200,000 prize, sponsored by Apex Legends. He faced some criticism for a video using fake money, which he explained was to ensure safety, with real checks provided to participants later.
In April 2020, he hosted a rock, paper, scissors competition with a $250,000 grand prize, becoming YouTube’s most-watched live event at the time. In 2021, he released “YouTube Rewind 2020” and signed content distribution deals with Facebook and Snapchat.
In November 2021, he created a real-life version of the Squid Game with a $456,000 cash prize, gaining millions of views. Despite some criticism, it remains one of his most-watched videos.
By January 2022, Forbes ranked him as YouTube’s top-earning creator, with an estimated $54 million in earnings for 2021. In July 2022, he reached 100 million subscribers on his main channel, and in November 2022, he set a Guinness World Record for the “Most Subscribers for an Individual Male on YouTube.”
Monthly Video Production Budget
MrBeast is a man of his word, putting his money where his mouth is every month to create sensational content. It’s no surprise, especially when you consider that in some of his videos, he’s literally giving away a cool million bucks. Back in August 2020, the man shelled out a whopping $3 million, covering production costs, staff salaries, rent, and more.
Monthly Income
As we mentioned earlier, MrBeast rakes in a minimum of $3 million each month from his YouTube video views. Take, for instance, March 2022, when MrBeast graced his 13 channels with a total of 54 videos, resulting in a jaw-dropping 283 million views. To break it down, MrBeast’s income primarily flows in from three sources:
- Merchandise
- Sponsorships
- Ad Revenue
Merchandise
Ah, the secret sauce—the merchandise. It’s the real cash cow in MrBeast’s empire. Last year, when he stacked up around $54 million, a whopping HALF of it was courtesy of merchandise sales. The math breaks down to around $2.25 million each month. Let’s be conservative and round it down to a neat $2 million.
Sponsorships
We’ve heard the grapevine say that MrBeast charges a hefty $1 million per month for a top spot as the headliner on his main video page. For example, in March, the spotlight was on Experian, the credit bureau. We can safely assume that MrBeast pulls in at least another $1 million through sponsorships on his other channels. So, that’s a cool $2 million in the sponsorship bank.
Ad Revenue
The money train varies by country; a video ad in the US and Canada pays out way more than one in Brazil. Yet, on average, we can safely bet on a $5 CPM (that’s cash per thousand views) making its way into MrBeast’s pockets. With 283 million views, that’s a sweet $1.4 million in cold hard cash.
MrBeast sure knows how to turn content into cash, and he’s got the numbers to prove it.
Business model
Donaldson’s videos are known to have aspects designed to make them “viral.” He would make “tens of millions of dollars” in advertising revenues as a result of the recommendation system on social media exposing his films to more people.
Large monetary awards, according to Donaldson, are also a key aspect in attracting viewers. As a result, many of his movies include him donating enormous sums of money to individuals, with many of these videos being sponsored by different businesses.
In December 2018, Donaldson donated $100,000 worth of merchandise to homeless shelters, $32,000 to the Veterans Army Wounded Warrior Program, $70,000 to St. Jude Children’s Research Hospital, and $10,000 to a local animal shelter in Los Angeles, according to a usual video.
His high-priced YouTube videos are largely funded and sponsored by large-scale brand partnerships that show as in-video advertisements.
Partnerships and investments
Donaldson is a backer of Backbone, a software company that creates the Backbone One, a smartphone controller that looks like a Nintendo Switch controller, as well as the Backbone app, a content production, and social tools app for its users.
In March 2021, Donaldson announced Juice Funds, a $2 million investment fund that provides artists up to $250,000 in return for equity in their YouTube channels.
Donaldson joined the financial technology firm Current as a long-term investor and partner in April 2021. Fans lost substantial sums of money in a cryptocurrency scam that Donaldson had invested in and supported in the same month, and Donaldson got blowback as a result.
MrBeast income model
Monthly Income | $3-5 Million+ |
Yearly Income | $82 Million+ |
Private & early life
James Stephen Donaldson, widely known as MrBeast, offers some insights into his personal life and beliefs. He describes himself as an introvert, which he attributes to his intense work on YouTube and frequent relocations in his childhood, along with the challenges of Crohn’s disease.
In the realm of relationships, MrBeast dated YouTuber Maddy Spidell from 2019 to 2022. He is currently in a relationship with gaming streamer Thea Booysen, starting in 2022.
In an interview in April 2022, MrBeast shared a significant shift in his beliefs. He declared that he had moved away from evangelical Christianity, now identifying as an agnostic. He expressed his disagreement with the church’s stance on homosexuality. Growing up in a religious environment, he had once considered anti-LGBT views as normal, but he now disavows those beliefs and wishes he could have stopped it.
Regarding his stance on politics, MrBeast considers himself apolitical. He aims to remain inclusive, stating that he doesn’t want to alienate anyone based on their political beliefs. His primary focus is on charitable endeavors and his goal of feeding millions of people.
In a podcast discussion in September 2022, he even hinted at a possible future in politics, saying he might consider a run for the U.S. presidency “in like 20 years,” noting that the country is due for younger leaders. MrBeast’s personal views reflect his dedication to making a positive impact in the world and his commitment to staying open to a wide range of ideas and perspectives.
Awards
Year | Award |
---|---|
2019 | Creator of the Year, Ensemble Cast, Breakout Creator |
2020 | YouTuber of the Year, Social Good: Creator, Live Special |
2021 | Favorite Male Social Star |
2022 | 12th Streamy Awards |
2023 | 2023 Kids’ Choice Awards, 13th Streamy Awards |
Philanthropy
MrBeast, along with former NASA engineer and YouTuber Mark Rober, initiated a remarkable project called #TeamTrees in October 2019. Their goal was to raise $20 million for the Arbor Day Foundation by January 1, 2020, with the commitment to plant trees “no later than December 2022.” By December 2019, they had surpassed their $20 million target, thanks to contributions from prominent figures like Elon Musk and companies like Discovery.
MrBeast’s philanthropic efforts extended to his YouTube channel, Beast Philanthropy, launched on September 17, 2020. This channel pledged to donate 100% of its advertising revenue, brand deals, and merchandise sales to charity. Their initiatives included distributing turkeys, donating shoes to children in Africa, and providing schools with $300,000 worth of technology.
In October 2021, MrBeast and Mark Rober embarked on another project, #TeamSeas. Their aim was to raise $30 million for the Ocean Conservancy and The Ocean Cleanup by January 1, 2022. The funds were earmarked for removing 30 million pounds of plastic waste from oceans, rivers, and beaches.
In a video released in January 2023, titled “1,000 Blind People See For The First Time,” MrBeast took on an incredibly meaningful endeavor. He financed cataract surgery for a thousand individuals with severely limited vision who couldn’t afford the procedure themselves.