MrBeast Net Worth (Money & Salary)

What is MrBeast’s Net Worth?

MrBeast, an American YouTube personality, philanthropist, and entrepreneur, boasts a net worth of $1 billion. This estimation is conservative and takes into account his extensive empire and his practice of not monetizing his videos. He has consistently stated that he reinvests all earnings from his videos into future content. In November 2022, reports indicated that he was seeking investors to join his business at a valuation of $1.5 billion.

In January 2024, it was disclosed that MrBeast was finalizing a $100 million agreement with Amazon for an exclusive streaming series. A court case in 2024 tied to MrBeast Burgers revealed an “Asset & Monetization Review” organizational chart, which later became public. The chart suggested that MrBeast’s empire produced $223 million in gross revenue in 2023, with projections to reach $700 million in 2024 (as of February 2024). These disclosures contributed to MrBeast officially becoming a billionaire in June 2024 at the age of 26, making him the eighth youngest billionaire globally. Notably, among 16 billionaires under 30 at that time, MrBeast was unique in not having inherited his wealth.

Known as Jimmy Donaldson, MrBeast became famous for his YouTube stunts that involve giving away significant amounts of money to either friends or charitable organizations. He is recognized as the trailblazer of philanthropic stunt videos on YouTube and ranks among the highest-paid YouTubers worldwide. In 2020, his earnings reached $24 million through his YouTube channel, merchandise, and sponsorships from brands such as Microsoft and Electronic Arts. By 2021, his income soared to $50 million, with around $30 million derived from YouTube ads and $10 million from sponsorships. Many of his stunts have a charitable theme, including donating money to strangers and adopting entire shelters of rescue dogs.

Currently, he has over 415 million subscribers spanning his main channels: Mr Beast, MrBeast Gaming, MrBeast 2, Beast Reacts, and MrBeast Philanthropy. Notably, his primary channel alone has accumulated 270 million subscribers, making it the most-subscribed account on YouTube.

Early Life and Career Beginnings

Born on May 7, 1998, in Greenville, North Carolina, Jimmy Donaldson graduated from Greenville Christian Academy in 2016. He began posting videos on YouTube at the age of 12 under the username “MrBeast6000.” He attended college briefly but left to fully dedicate himself to his YouTube career. His early content mainly comprised video game commentary, reaction clips, and humorous compilations.

Mr Beast’s Success

In 2017, Jimmy first became widely popular with his video “counting to 100,000,” where he dedicated 44 hours to count that number. This video amassed over 21 million views.

He subsequently released another video where he counted to 200,000. Among his other notable feats are reading the dictionary, reciting the script of the “Bee Movie,” traveling across America using Uber, repeating “Logan Paul” 100,000 times, and watching the notoriously poor Jake Paul music video “It’s Every Day Bro” for 10 consecutive hours.

Currently, his YouTube channels total more than 400 million subscribers and have racked up tens of billions of views. The average video typically garners over 20 million views. In 2019, he received a nomination for Vlogger of the Year at the Shorty Awards, won the Breakout Creator award, and was nominated for a Kids’ Choice Award for Favorite Male Social Star in 2020. He also clinched the 2020 YouTuber of the Year award and was named Creator of the Year at the Streamy Awards that same year.

Stunt Philanthropy

In 2018, Jimmy struck gold with the introduction of “stunt philanthropy.” One of the most notable videos from this era showed MrBeast giving away $1,000 to random strangers. This resulted in millions subscribing to his channels, which featured him giving away hundreds of thousands of dollars, as well as a staggering $1 million.

During December 2019, he uploaded a video that challenged participants to keep their hands on a pile of $1 million cash. The last person to withdraw their hand from the stack would take home the money:

Monthly Video Production Budget

MrBeast has stated that he invests all of his monthly earnings back into content creation. This is evident considering the substantial giveaways in some videos where he distributes a million dollars. He spends no less than $3 million each month on production expenses, staff payments, rent, and additional costs.

Monthly Earnings

As previously noted, MrBeast earns a minimum of $3 million monthly through views on his YouTube videos. For instance, in March 2022, he uploaded 54 videos across his 13 channels, resulting in a total of 283 million views. To estimate the income generated, we first acknowledge MrBeast’s three main income streams:

• Ad revenue
• Sponsorships
• Merchandise

Analyzing each source:

Ad Revenue

Video ads can generate varied CPMs depending on the country. For example, ads in the US and Canada generally pay much higher than those in Brazil. Nevertheless, it’s reasonable to estimate an average CPM of $5, which translates to $5 per thousand views for MrBeast. Considering his 283 million views, this amounts to approximately $1.4 million in net earnings.

Sponsorships

Previously, reports indicated that MrBeast charges around $1 million monthly for the primary sponsorship on his main video page. In March, the sponsor was credit bureau Experian. It’s logical to conclude that he generates at least another $1 million through sponsorships on his other channels, summing up to around $2 million.

Merchandise

Often referred to as the hidden treasure. Last year, MrBeast reportedly earned nearly $54 million, with about half stemming from merchandise sales, according to various reports. This equates to about $2.25 million per month, so let’s conservatively estimate it at $2 million.

Bringing these three revenue streams together, we conclude:

1.4 + 2+ 2 = $5.4 million

This amounted to an income of $174,193 generated each day throughout March.

Team Trees

In October 2019, a fundraising challenge named #TeamTrees was initiated by Jimmy and former NASA engineer Mark Rober. They aimed to gather $20 million for the Arbor Day Foundation within a three-month span. Remarkably, they exceeded this goal in just two months, and as of now, the initiative has raised $23 million and successfully planted over 7 million trees. Upon reaching their aim of planting 20 million trees, it is estimated that the project will have eliminated around 1.6 million tons of carbon from the atmosphere and reduced 116 thousand tons of air pollution from chemicals.

Mobile Gaming

In June 2020, MrBeast introduced a multiplayer endurance game called “Finger on the App.” The game’s premise was quite straightforward; participants worldwide were required to keep their finger on their phone screens within the app. The last player to lift their finger would receive a prize of $25,000.

Awards

Throughout his career, MrBeast has received nominations for various prestigious awards. He clinched the Breakout Creator title at the Streamy Awards in 2019, the same year he was also nominated for both the Ensemble Cast and Creator of the Year categories.

During 2020, MrBeast earned the following Streamy Awards:

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

Additionally, he was awarded the YouTuber of the Year title at the Shorty Awards that same year. At the 12th Streamy Awards in 2022, he was honored with awards for Social Good: Creator and Brand Engagement.

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

MrBeast Burger

In December 2020, Jimmy launched “MrBeast Burger” collaborating with over 300 restaurants across the United States. The day after the introduction of the MrBeast Burger app on Apple’s platform, it quickly became the #1 most downloaded free app. To date, he has sold more than a million burgers.

In September 2022, he opened a physical location for MrBeast Burger.in East Rutherford, New Jersey, at the American Dream Mall. MrBeast later conveyed his disappointment, noting that quality assurance was lacking with intentions to close down the MrBeast Burger business; however, Virtual Dining Concepts, the company involved, would not permit that.

Regrettably, the situation with MrBeast Burger was far from positive. In August 2023, MrBeast initiated legal action against his business partner, Virtual Dining Concepts, claiming the company produced food that was both inedible and substandard. Additionally, the lawsuit asserted that MrBeast had not profited even a single dollar from the burger venture in nearly three years since its inception. In August 2023, it was announced that Virtual Dining was countersuing Mr. Beast for a whopping $100 million.

Clothing Line

MrBeast’s merchandise line serves as his second-largest income source, aside from his YouTube revenue. Available via shopmrbeast.com, his offerings include a diverse array of t-shirts, hoodies, hats, water bottles, mouse pads, backpacks, and more. It is estimated that approximately 40% of MrBeast’s yearly income derives from sales of merchandise.

Feastables

In January 2022, MrBeast introduced Feastables, a food enterprise that debuted a line of chocolate bars named “MrBeast Bars.” Following this, numerous sweepstakes, challenges, and giveaways took place. By April 2023, the business broadened its portfolio to include a gummy candy line dubbed “Karl Gummies,” created in partnership with Karl Jacobs.

Charity

Throughout the years, MrBeast has contributed or raised tens of millions of dollars for a variety of 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 nearby animal shelter in Los Angeles. An illustration of this is a December 2018 video that donated $100,000 worth of clothing and other essential items to homeless shelters.

In October 2019, Jimmy collaborated with NASA engineer and YouTuber Mark Rober to establish a foundation called #TeamTrees. The aim was to gather $20 million over a three-month period to support the Arbor Day Foundation. For every dollar raised, the organization would plant one tree. A multitude of YouTubers united to champion the initiative. Within the first 24 hours of launching, #TeamTrees had raised $4 million. By December, total contributions exceeded $20 million, and as of this writing, they have surpassed $22 million.

Personal Life

Jimmy grapples with Crohn’s disease, an inflammatory bowel condition. He received his diagnosis in the ninth grade. Over time, he has shared the chronic struggle he has faced with this debilitating illness. Prior to his diagnosis, he experienced persistent illness and even lost 30 pounds in one summer due to overwhelming discomfort. Alongside medication, MrBeast adheres to a fairly strict diet.

Girlfriend

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

For the first time, Maddy was identified as MrBeast’s girlfriend in a February 2020 video titled “Surprising My Girlfriend With 100,000 Roses For Valentine’s Day.” This video has garnered over 50 million views at the time of writing. Maddy has also appeared in several other MrBeast videos, including “I Adopted EVERY Dog in a Dog Shelter” and “I Spent 50 Hours in Solitary Confinement.”