MrBeast Net Worth (Money & Salary)

What is MrBeast’s Net Worth?

MrBeast, known as an American YouTube sensation, entrepreneur, and philanthropist, boasts a net worth of $1 billion. This figure arises from a conservative assessment of his diverse ventures, taking into account MrBeast’s historical practice of reinvesting his video earnings into his future projects. Reports from November 2022 indicated that MrBeast was searching for investors to enter his business with a valuation of $1.5 billion.

In January 2024, news emerged of MrBeast securing a $100 million deal with Amazon for an exclusive streaming series. During a court case in 2024 concerning his MrBeast Burgers, evidence revealed an “Asset & Monetization Review” organizational chart. This chart disclosed that MrBeast’s empire generated $223 million in gross revenue in 2023 and was projected to reach $700 million in 2024 (as of February 2024). Due to these disclosures, MrBeast was officially recognized as a billionaire in June 2024, achieving this milestone at 26 years old, making him the eighth youngest billionaire globally. Notably, among the 16 billionaires under 30 at that time, MrBeast was the only one who did not inherit his wealth.

Known by his real name, Jimmy Donaldson, MrBeast has gained fame for his YouTube challenges that involve giving away significant sums of money to friends or charitable causes. He is regarded as a trailblazer in the genre of philanthropic YouTube stunt videos and ranks among the highest-earning YouTubers worldwide. In 2020, he earned $24 million from his YouTube activities, merchandise sales, and partnerships with brands like Microsoft and Electronic Arts. His income rose to $50 million in 2021, roughly consisting of $30 million from YouTube ads and $10 million from sponsorships. His challenges typically have a charitable focus, such as donating money to strangers or adopting entire shelters filled with rescue dogs.

As of now, his primary channels—MrBeast, MrBeast Gaming, MrBeast 2, Beast Reacts, and MrBeast Philanthropy—collectively have over 415 million subscribers, with MrBeast’s main channel alone having 270 million subscribers, making him the most-subscribed individual account on YouTube.

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. At the age of 12, he began sharing videos on YouTube under the username “MrBeast6000.” He enrolled in college briefly but ultimately decided to leave it behind to fully commit to his YouTube career. Initially, his videos focused on video game commentary, reactions, and humorous compilations.

Mr Beast’s Success

Widespread popularity for Jimmy began with his 2017 video “counting to 100,000,” where he spent 44 hours completing the task. This video amassed more than 21 million views.

He then produced a follow-up video in which he counted to 200,000. Among his other notable feats are reading the dictionary, reciting the script of the “Bee Movie,” ubering across America, repeating “Logan Paul” 100,000 times, and watching the poorly received Jake Paul music video “It’s Every Day Bro” for 10 hours straight.

Currently, his YouTube channels boast over 400 million subscribers collectively and have garnered tens of billions of video views. The average video on his channel receives more than 20 million views. At the 2019 Shorty Awards, he was nominated for Vlogger of the Year and clinched the Breakout Creator award. Additionally, he received a nomination for the 2020 Kids’ Choice Award for Favorite Male Social Star and won the 2020 YouTuber of the Year award, alongside being named the 2020 Creator of the Year at the Streamy Awards.

Stunt Philanthropy

In 2018, Jimmy struck gold with the introduction of “stunt philanthropy.” One of his most popular videos from this time features MrBeast giving $1,000 to random strangers. This led to millions of fans subscribing to his channels, witnessing him give away hundreds of thousands, and even $1 million, over time.

In December 2019, he uploaded a video that posed a challenge where participants had to keep their hand on a stack of $1 million in cash. The last person to remove their hand from the stack earned the money:

Monthly Video Production Budget

MrBeast has revealed that his monthly expenses for producing content match his earnings. This is quite apparent considering that some of his videos feature giveaways of a million dollars. He dedicates a minimum of $3 million per month for production costs, staff wages, rent, and other expenses.

Monthly Earnings

As previously mentioned, MrBeast’s earnings from YouTube video views are at least $3 million monthly. For instance, in March 2022, he shared 54 videos across his 13 channels, resulting in a cumulative 283 million views. To assess how this may have converted into income, we recognize that MrBeast has three main income streams:

• Ad revenue
• Sponsorships
• Merchandise

Examining each revenue stream:

Ad Revenue

Video advertisements have varying CPMs depending on the country. For instance, ads in the US and Canada generate significantly higher payments compared to those in Brazil. A reasonable assumption would be an average video CPM of $5, equating to $5 per thousand views, net to MrBeast. With 283 million views, this would result in $1.4 million in net earnings.

Sponsorships

Reports indicate that MrBeast charges around $1 million per month for a primary sponsorship on his main video page. In March, this sponsorship was provided by credit bureau Experian. It’s fair to conclude that through sponsorships from his other channels, he is likely earning another minimum of $1 million, bringing the total to $2 million.

Merchandise

Considered the secret treasure, reports indicate that approximately HALF of MrBeast’s revenue—around $54 million last year—came from merchandise sales, which breaks down to about $2.25 million per month. To take a conservative approach, we can round down to $2 million.

Combining these three sources of revenue, we find:

1.4 + 2+ 2 equals $5.4 million.

This translated to daily earnings of $174,193 throughout March.

Team Trees

In October 2019, a fundraising initiative dubbed #TeamTrees was launched by Jimmy in collaboration with former NASA engineer, Mark Rober. The aim was to gather $20 million for the Arbor Day Foundation over a span of three months. They exceeded this target in just two months, and as of now, the initiative has successfully raised $23 million, planting over 7 million trees. Once they achieve their ultimate goal of planting 20 million trees, the project is projected to eliminate approximately 1.6 million tons of carbon from the atmosphere, along with 116 thousand tons of chemical air pollutants.

Mobile Gaming

MrBeast introduced a multiplayer endurance game named “Finger on the App” in June 2020. The premise of this game was quite straightforward; participants from across the globe had to keep their fingers pressed on their phone screens within the app. The last remaining player to lift their finger would earn a prize of $25,000.

Awards

Throughout his career, MrBeast has received several significant nominations for renowned awards. At the Streamy Awards in 2019, he won the title of Breakout Creator. That same year, he was nominated for both Ensemble Cast and Creator of the Year.

In 2020, MrBeast was the recipient of several Streamy Awards:

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

Additionally, he secured the YouTuber of the Year award at the Shorty Awards in the same year. During the 12th Streamy Awards 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. At the 2022 Kids’ Choice Awards, MrBeast won the Favorite Male Creator award and did so again in 2023, during which he experienced being slimed upon accepting the award:

MrBeast Burger

In December 2020, the “MrBeast Burger” was introduced by Jimmy in collaboration with over 300 restaurants throughout the United States. Just one day after launching the MrBeast Burger app on the Apple Store, it climbed to the top as the #1 most popular free app available. To date, more than a million burgers have been sold.

In September 2022, he opened a physical MrBeast Burger restaurant location.

Located in the American Dream Mall in East Rutherford, New Jersey, MrBeast later shared his regrets about the quality of the food, expressing a desire to close down the MrBeast Burger business. However, he was unable to do so as the Virtual Dining Concepts company would not permit it.

Sadly, it became evident that not everything was functioning smoothly with MrBeast Burger. In August 2023, a lawsuit was filed by MrBeast against his business partner, Virtual Dining Concepts, claiming that the company produced food that was both inedible and substandard. Additionally, the lawsuit stated that MrBeast had not earned any money from the venture in the nearly three years since the burger’s launch. Later that month, it was reported that Virtual Dining was countersuing Mr. Beast for a staggering $100 million.

Clothing Line

Apart from his YouTube earnings, MrBeast’s merchandise line stands as his second-largest source of income. Available through shopmrbeast.com, the collection includes a diverse array of products such as t-shirts, hoodies, hats, water bottles, mouse pads, backpacks, and much more. It is estimated that around 40% of MrBeast’s annual revenue is generated through merchandise sales.

Feastables

In January 2022, MrBeast introduced Feastables, a food venture that launched its line of chocolate bars branded as “MrBeast Bars.” Following this, several sweepstakes, challenges, and giveaways took place, and in April 2023, the brand expanded to release gummy candy called “Karl Gummies,” in collaboration with Karl Jacobs.

Charity

Throughout the years, MrBeast has accumulated or raised tens of millions in support 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 a local animal shelter in Los Angeles. For instance, a video from December 2018 saw him donate $100,000 worth of clothing and other essential items to homeless shelters.

In October 2019, he teamed up with NASA engineer and fellow YouTuber Mark Rober to establish a foundation dubbed #TeamTrees. The initiative aimed to gather $20 million in three months to support the Arbor Day Foundation, which would plant one tree for every dollar donated. Numerous YouTubers collaborated to spread awareness for the cause. Remarkably, #TeamTrees raised $4 million within 24 hours of its launch. By December, the total amount raised surpassed $20 million, and as of now, they have accumulated over $22 million.

Personal Life

Jimmy has been living with an inflammatory bowel disease known as Crohn’s disease, being diagnosed with it while in ninth grade. He has spoken about the ongoing battle against this debilitating ailment. Prior to his diagnosis, he experienced frequent illness and lost 30 pounds over a summer due to extreme discomfort. Alongside medication, MrBeast adheres to a relatively strict diet.

Girlfriend

Beginning in June 2019, Jimmy started a relationship with Maddy Spidell after they 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. Maddy has made appearances in several additional MrBeast videos, such as “I Adopted EVERY Dog in a Dog Shelter” and “I Spent 50 Hours in Solitary Confinement.”