MrBeast Net Worth (Money & Salary)

What is MrBeast’s Net Worth?

An American YouTube star, entrepreneur, and philanthropist, MrBeast has a net worth estimated at $1 billion. This figure reflects a conservative valuation of his extensive business empire, taking into account that he usually doesn’t profit from his videos. MrBeast has emphasized that he reinvests all earnings from his videos into future productions. Reports in November 2022 indicated that he was seeking investors to join his business at a valuation of $1.5 billion.

In January 2024, news surfaced that he was completing a $100 million agreement with Amazon for the rights to an exclusive streaming series. A court case in 2024 regarding MrBeast Burgers involved the submission of an “Asset & Monetization Review” org chart, which later became public. The chart revealed that in 2023, MrBeast’s enterprise brought in $223 million in gross revenue, forecasting 2024 earnings to reach $700 million (as of February 2024). These insights led to MrBeast officially becoming a billionaire for the first time in June 2024, achieving this milestone at the age of 26 and making him the eighth youngest billionaire globally. Among the 16 billionaires under 30 at that time, he was unique in that he did not inherit his wealth.

Known as Jimmy Donaldson, MrBeast gained fame through his YouTube stunts that frequently involve giving away substantial amounts of money to friends or charitable causes. He is often credited as the pioneer of philanthropic stunt videos on YouTube and ranks among the highest-paid YouTubers worldwide. He earned $24 million in 2020 from his YouTube channel, merchandise, and sponsorships with companies like Microsoft and Electronic Arts. In 2021, his earnings soared to $50 million, with approximately $30 million from YouTube ads and $10 million from sponsorships. His stunts often carry a charitable message, such as providing financial support to strangers or adopting entire shelters of rescue dogs.

Currently, his main channels—Mr Beast, MrBeast Gaming, MrBeast 2, Beast Reacts, and MrBeast Philanthropy—boast over 415 million subscribers, with his main channel alone having 270 million subscribers, making it the most subscribed account on YouTube.

Early Life and Career Beginnings

On May 7, 1998, in Greenville, North Carolina, Jimmy Donaldson was born. He graduated from Greenville Christian Academy in 2016. At the age of 12, he began uploading videos to YouTube under the username “MrBeast6000.” Although he briefly attended college, he dropped out to focus on his YouTube career full-time. His initial content centered around video game commentary, reaction clips, and humorous compilations.

Mr Beast’s Success

In 2017, Jimmy rose to immense fame with his video titled “counting to 100,000.” He dedicated 44 hours to counting, and the video eventually amassed over 21 million views.

He subsequently released another video where he counted to 200,000. His other notable feats include reading from the dictionary, reciting the “Bee Movie” script, taking a rideshare across America, repeating “Logan Paul” 100,000 times, and watching the notoriously bad Jake Paul music video “It’s Every Day Bro” on a continuous loop for 10 hours.

Currently, his YouTube channels boast over 400 million subscribers combined and have accumulated tens of billions of views. On average, his videos garner more than 20 million views. At the 2019 Shorty Awards, he was nominated for Vlogger of the Year and won the Breakout Creator award. He received a nomination for the 2020 Kids’ Choice Award for Favorite Male Social Star, and he won the 2020 YouTuber of the Year award as well as the 2020 Creator of the Year award at the Streamy Awards.

Stunt Philanthropy

2018 marked a turning point for Jimmy as he embraced “stunt philanthropy.” One of the standout videos from this time featured MrBeast giving $1,000 to random individuals. Following this, millions flocked to his channels, witnessing him distribute hundreds of thousands and even a million dollars.

In December 2019, he shared a video that dared participants to keep their hand on a pile of $1 million in cash. The final person to let go of the stack would receive the money:

Monthly Video Production Budget

MrBeast has stated that his monthly content production costs match his earnings. This is especially relevant considering he often gives away a million dollars in some videos. His minimum expenditure on production, staff salaries, rent, and other expenses is around $3 million each month.

Monthly Earnings

As previously highlighted, MrBeast generates at least $3 million monthly from YouTube views. For instance, in March 2022, he uploaded a total of 54 videos across his 13 channels, which together garnered 283 million views. To estimate his earnings, we need to identify his three main income sources:

• Ad revenue
• Sponsorships
• Merchandise

Examining each source:

Ad Revenue

CPMs for video ads vary greatly across different countries. Ads in the US and Canada generally pay far more compared to those in Brazil. However, it’s reasonable to estimate an average video CPM of $5, which means MrBeast receives $5 for every thousand views. With 283 million views, this amounts to approximately $1.4 million in net income.

Sponsorships

Reports indicate that MrBeast charges around $1 million per month for his main video page’s primary sponsorships. For instance, in March, that sponsor was Experian, a credit bureau. It’s logical to presume that MrBeast earns at least another $1 million from sponsorships on his other channels, bringing the total to about $2 million.

Merchandise

This is the often-overlooked treasure. Last year, when MrBeast made roughly $54 million, almost half of that—around $27 million—stemmed from merchandise sales, according to various reports. This translates to about $2.25 million a month. To be conservative, we can round it down to $2 million.

By summing these three income streams, we find:

1.4 + 2

The total reached $5.4 million.

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

Team Trees

In October 2019, Jimmy, along with former NASA engineer Mark Rober, began a fundraising initiative known as #TeamTrees. Their aim was to collect $20 million for the Arbor Day Foundation within a three-month period. They exceeded this goal in just two months, and as it stands, they have raised $23 million and planted over 7 million trees. By the time they achieve their target of planting 20 million trees, it is estimated that the project will have removed around 1.6 million tons of carbon from the atmosphere and eliminated 116 thousand tons of airborne chemical pollution.

Mobile Gaming

In June 2020, MrBeast introduced a multiplayer endurance game titled “Finger on the App.” The game was based on a straightforward premise where participants had to keep their finger on the phone screen within the app. The last player to remove their finger would win $25,000.

Awards

Throughout his career thus far, MrBeast has received nominations for many notable awards. In 2019, he was awarded Breakout Creator at the Streamy Awards and was also nominated for Ensemble Cast and Creator of the Year in the same year.

In 2020, MrBeast secured the following Streamy Awards:

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

The same year, he was honored with the YouTuber of the Year award at the Shorty Awards. During the 12th Streamy Awards in 2022, he won the awards for Social Good: Creator and Brand Engagement.

In 2021, he received a nomination for Favorite Male Social Star at the Kids’ Choice Awards. He won the Favorite Male Creator award at the 2022 Kids’ Choice Awards and repeated this achievement in 2023. While accepting the award, he experienced the traditional slime shower:

MrBeast Burger

In December 2020, Jimmy introduced the “MrBeast Burger” in collaboration with more than 300 restaurants across the United States. Following the launch of the MrBeast Burger app on the Apple store, it quickly became the most popular free app on the platform. To date, over a million burgers have been sold.

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

Located in the American Dream Mall in East Rutherford, New Jersey, MrBeast later conveyed his regret regarding the inability to ensure quality, expressing a desire to cease operations of MrBeast Burger. However, he mentioned that the Virtual Dining Concepts company opposed such a move.

Regrettably, it became evident that there were significant issues with MrBeast Burger. In August 2023, MrBeast initiated legal action against his business partner, Virtual Dining Concepts, claiming they provided food that was both inedible and of poor quality. The lawsuit stated that MrBeast had not earned any profit from the venture since the burger’s inception nearly three years prior. Subsequently, in August 2023, it was disclosed that Virtual Dining was countersuing MrBeast for $100 million.

Clothing Line

Beyond his YouTube revenue, MrBeast’s merchandise line constitutes his second largest income source. Available at shopmrbeast.com, it features a diverse array of products, including t-shirts, hoodies, hats, water bottles, mouse pads, backpacks, and more. It is estimated that around 40% of MrBeast’s yearly income stems from merchandise sales.

Feastables

MrBeast introduced Feastables, a food enterprise, in January 2022, launching a line of chocolate bars branded as “MrBeast Bars.” Following this, numerous sweepstakes, challenges, and giveaways were organized, and by April 2023, the company expanded to offer gummy candies named “Karl Gummies,” created in partnership with Karl Jacobs.

Charity

Throughout the years, MrBeast has raised or donated tens of millions of dollars to various charitable organizations. His stunt videos have benefitted various causes, including 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 donated $100,000 worth of clothing and other essentials to homeless shelters.

In October 2019, Jimmy collaborated with NASA engineer and YouTuber Mark Rober to form a foundation called #TeamTrees. The ambition was to gather $20 million in three months for the Arbor Day Foundation, which would plant one tree for every dollar raised. Numerous YouTubers united to support the initiative. Within just 24 hours of its launch, #TeamTrees had already raised $4 million. By December, the total surpassed $20 million, and as of now, they have raised over $22 million.

Personal Life

Jimmy battles with an inflammatory bowel condition known as Crohn’s disease, having received his diagnosis in ninth grade. Over the years, he has discussed the long-standing struggle he’s faced due to this challenging condition. Prior to his diagnosis, he frequently suffered from illness, losing 30 pounds one summer due to severe discomfort. Alongside medication, MrBeast adheres to a fairly strict dietary regimen.

Girlfriend

In June 2019, Jimmy started a relationship with Maddy Spidell, whom he met on Twitter.

For the first time, Maddy was introduced as MrBeast’s girlfriend in a February 2020 video titled “Surprising My Girlfriend With 100,000 Roses For Valentine’s Day,” which has amassed over 50 million views to date. Maddy has continued to appear in several of MrBeast’s videos, including “I Adopted EVERY Dog in a Dog Shelter” and “I Spent 50 Hours in Solitary Confinement.”