What is MrBeast’s Net Worth?
MrBeast is an American YouTube sensation as well as a philanthropist and businessman. Mr Beast has a net worth of $22.5 million. Mr Beast earns a minimum of $3 million monthly through YouTube advertisements alone. This does not include deals with brands in the video.
Also called Jimmy Donaldson, MrBeast is well-known as the man behind YouTube stunts, which give huge sums of money to charity or friends. He is the first pioneer of charitable YouTube footage of stunts. He is also among the highest-paid YouTubers in the world. In 2020, he made $24 million through his YouTube channel in merchandise sales, sponsorships and merchandise sales for brands such as Microsoft and Electronic Arts.
Jimmy reports that he invests the vast majority of his earnings from a video the production of videos. Jimmy now can spend up to $300,000 on one video, up from the $10,000 he spent a few years back. His actions usually have a charitable element, such as donating money to strangers or even adopting an entire shelter for rescue dogs.
His 3 main YouTube channels: MrBeast, MrBeast Shorts and Beast Reacts boast over 140 million viewers. This number of subscribers means that MrBeast is the most subscribed American-based YouTube creator. PewDiePie is the highest-subscribed individual creator on YouTube with 110 million viewers on his primary channel. The main channel of MrBeast has more than 102 million subscribers.
Early Life and Career Beginnings
Jimmy Donaldson was born on May 7, 1998, in Greenville, North Carolina where Jimmy Donaldson attended Greenville Christian Academy where he graduated in 2016.
He began posting videos on YouTube at twelve years old and used the username “MrBeast6000”. He briefly attended university but left to pursue an online career full-time.
He predominantly made video games commentary reactions and hilarious compilations in his first videos.
Jimmy first gained a lot of attention following the release of his film “counting to 100,000” in 2017. In the video, he logged over 44 hours counting up to 100,000. The video would continue to be watched over 21 million times.
He then followed that up with a YouTube video where the count was 200 000. Other notable achievements include reading the dictionary, reading the “Bee Movie” script, riding uber across America and using the word “Logan Paul” 100,000 times and then watching the horrible Jake Paul music video “It’s Every Day Bro” playing on repeat for 10 hours in a row.
His YouTube accounts today are home to more than a 90million users and have produced greater than 10 billion views. The majority of videos are watched at more than 20 million views. The user has 12 million fans on Instagram as well as 9 million users on Twitter along with 13 million on TikTok.
He is part of PewDiePie and has bought radio and billboard ads to attract more followers than the T-Series. The actor was nominated as Vlogger of the Year during the annual Shorty Awards. He was awarded the Breakout Creator award. He was nominated for the 2019 Kids’ Choice Award to be the Most Popular Male Social Artist. He was awarded the YouTuber of the Award of the Year. He was also named the creator of the Year in the Streamy Awards.
In just one week in July 2020, MrBeast added 400,000 subscribers to his channel and had over 80 million views on his videos. His success helped him become the 20th most-popular persona on YouTube at that time.
Jimmy was able to hit the jackpot in 2018 when he started the process of “stunt philanthropy”. In one of his most popular videos during this time, MrBeast gave $1,000 to strangers. A huge number of people soon signed up for his channels, which resulted in him giving thousands of dollars and $1 million.
In December 2019, he released an online video that challenged viewers to hold onto $1 million in cash. The person who was the last to remove their hands from the stack was allowed to keep the cash:
Monthly Video Production Budget
MrBeast has stated that he spends the amount he earns each month on videos. It’s a fair comparison when you consider that in some videos he’s giving the equivalent of one million dollars. In August 2020, he splurged at a minimum of $3 million on production costs, salaries for staff rent, and many other things.
As previously mentioned, MrBeast earns at least $3 million monthly from YouTube views. For instance, in March 2022, MrBeast added 54 new videos on thirteen channels. The 54 videos generated 283 million views in total. To figure out how much money could have been generated, let’s first acknowledge it is MrBeast has three main sources of revenue:
- Ad revenue
Attending to every source:
Video advertisements fetch wildly various CPMs across different countries. Ads for videos within the US and Canada are significantly higher than an advertisement views in Brazil. But, it’s reasonable to assume that a typical online video CPM is $5.This is $5 per 1,000 views, which is net to MrBeast. At 283 million views, this is roughly $1.4 million in net profits.
It was reported before that MrBeast is charged one million dollars per month for the privilege to be the main patron of his main video page. For instance, in March the sponsor was Credit bureau Experian. It seems plausible that with sponsorships through Beast’s different channels Beast will bring in an additional $1 million at a minimum, for the amount of 2 million dollars.
AKA the holy grail of secrets. In the year that MrBeast earned about $54 million, around half of that came from merchandise sales according to different reports. The total came to $2.25 million per month. We’ll round that down to $2 million to be safe.
Compiling these three sources of revenue and we will get:
1.4 + 2+2 equals $5.4 Million
This is equivalent to earning $174,193 each day of March.
In October, Jimmy and a former NASA engineer Mark Rober launched a fundraising contest named #TeamTrees. They aim to fundraise $20m for the Arbor Day Foundation within three months. They exceeded the $20 million mark in only two months. At this time, the program had raised over $23million and installed more than 7 million new trees. If they meet their target of planting 20 million new trees this project has eliminated approximately 1.6 million tonnes of carbon dioxide from the air and removed 116 000 tons of air pollution caused by chemicals.
In June 2020, MrBeast released a multiplayer endurance game dubbed “Finger on the App”. The game’s concept was quite easy. People from all over the world were required to stay on their phone screens while playing the app. The first person to get the app off could win $25,000.
The MrBeast actor has received nominations for various prestigious awards throughout his career thus far. In 2019 he won Breakout Creator at the Streamy Awards. He was also nominated for the Ensemble Cast and Creator of the Year in the same year.
For 2020 MrBeast received his subsequent Streamy Awards:
- Creator of the Year
- Live Special
- Social Good: Creator
- Social Good: Nonprofit or NGO
The same year, he also won the best YouTuber of Year distinction award in the Shorty Awards.
In 2021, he was nominated 2021 for Favorite Male Social Artist at the Kid Choice Awards. In the 2022 Kids’ Choice Awards, MrBeast was awarded his Favorite Male Artist Award. When he accepted his award, he got slubbed:
In December 2020, Jimmy released”Beast Burger” in December 2020 “Beast Burger” in partnership with more than 300 restaurants across the US. After launching MrBeast Burger’s MrBeast Burger app on the Apple store, it quickly grew to become the top most downloaded app for free app for the app store. So far, he’s sold over a million hamburgers.
In addition to YouTube income, MrBeast’s second biggest source of revenue is the merchandise line. Available through shopmrbeast.com it sells a range of hoodies, t-shirts and hoodie caps, water bottles, backpacks, mouse pads and many more. It is estimated that around 40 per cent of MrBeast’s income is from merchandise sales.
Through the years, MrBeast has raised or donated thousands of dollars to various charitable organizations. The stunts he has performed in his videos have contributed goods to homeless shelters and those in the Veterans Army Wounded Warrior Program, Saint Jude Children’s Research Hospital and an animal shelter in Los Angeles. For example, a December 2018 video donated $100,000 of clothing and other things to shelters for homeless people.
In October of 2019, Jimmy joined forces with NASA engineer and YouTuber Mark Rober to create a foundation named #TeamTrees. The idea is to collect $20m over the next three months for the Arbor Day Foundation. The foundation was to establish one plant for every dollar it raised. A swarm of YouTubers joined forces to help promote the cause. In the first 24 hours after the launch #TeamTrees had raised over $4 million. By December, they had raised more than $20 million. In the last writing, they have raised more than $22 million.
Jimmy is suffering from an inflammation in the bowel disease known as Crohn’s disease. Jimmy was diagnosed with this condition in the ninth grade. In the past, he’s spoken of the long-term struggle he engaged in against the crippling condition. Before being diagnosed, MrBeast was sick almost every single day. At one point, he also lost 30 pounds in a single summer because of the severe discomfort. In addition to taking medication, MrBeast adheres to a strict diet.
In June 2019, Jimmy began dating Maddy Spidell. They became friends on Twitter.
Maddy was revealed to be MrBeast’s girlfriend for only the second time in a video from February that was titled “Surprising My Girlfriend With 100,000 Roses For Valentines Day.” The video has more than 50 million views at the time of writing. Maddy is featured in numerous more MrBeast videos, including “I Adopted EVERY Dog in a Dog Shelter” and “I Spent 50 Hours in Solitary Confinement.”