What is MrBeast Net Worth 2024: Do you know how he built his fortune? In the world of YouTube, where creators are everywhere and content is king, Jimmy Donaldson, better known as Mr.Beast, rules the roost. With an estimated net worth of $500 million, Mr.Beast has gone from a young content creator to a philanthropist and business mogul.
MrBeast is the richest creator on YouTube due to his complex output. Here’s how much she earns and what she’s worth.
In January 2022, Forbes recognized Jimmy Donaldson as the highest-earning YouTuber and estimated his 2021 earnings at approximately $5 million. As of 2023, he still holds the title of the highest paid YouTuber with an estimated net worth of $500 million.
As of May 2017, Jimmy Donaldson, better known as MrBeast, had about one million subscribers. Now (November 2023), MrBeast has over 213 million subscribers.
MrBeast’s fans call him the YouTube Santa Claus. MrBeast is a famous YouTuber known for giving away millions of dollars to random strangers, friends and family. So how did he become the most influential and richest YouTuber on the planet NONE? This MrBeast net worth post finds out.
MrBeast Bio & Details
- Real Name – Jimmy Donaldson
- Net Worth – $500 Million
- Date of Birth – May 7, 1998
- Age – 25
- Birth Place – Kansas, United States
- Gender – Male
- Nationality – American
- Height – 1.89m (6′ 2″)
- Status – Single
- Partner – Maddy Spidell
- Earning Source – YouTube Ads, Sponsorship, Merchandise
- Profession – YouTuber, Businessman, Vlogger, Influencer, and Philanthropist.
Who is MrBeast?
MrBeast aka Jimmy Donaldson is an American YouTuber who started his YouTube channel on February 19, 2012. According to Forbes, he is among the 10 richest YouTubers in the world.
He started his YouTube journey by uploading video games like Minecraft, Pokemon Online, Black Ops 2, Battle Pirates etc.
Part influencer, part video producer, part game show host, part philanthropist, Jimmy Donaldson, better known by his YouTube handle MrBeast, is perhaps the most amazing example of what has been done with the Google-owned video platform.
The YouTuber got his start on the site in 2012 when he was just 13 years old, uploading videos of popular games like “Minecraft” and “Black Ops” as well as videos about the YouTube platform itself and his net worth. some of its most popular factors.
In one of his first truly viral videos, 18-year-old Donaldson reportedly reached 100,000 views in a video that lasted nearly an entire day, with certain sections having to be sped up to fit the entire reach on YouTube. 2 hour video limit.
As the channel grew in popularity, he dropped out of college to pursue video production full-time with his childhood friends. He began using his YouTube earnings to invest in higher production value videos, create elaborate sets, perform unique stunts, and host crazy, over-the-top challenges, contests, and fundraisers involving fans, charities, and other YouTube stars.
Was MrBeast Born Rich?
Donaldson’s wealth is not generational, although he grew up in an upper-middle-class household. Both of his parents were in the military in their youth, and his family had enough money to hire an au pair and pay for private schools for him and his brother.
However, his YouTube success was not due to any “seed money” from his family. His early videos were as amateurish as any typical video game or YouTube review of the era. His newer videos – with elaborate sets, huge prizes and Hollywood special effects – are funded by sponsorships and earnings from previous videos and projects.
MrBeast Net Worth 2024 : How Did He Achieved So Much?
1. Experiment until you find what works.
MrBeast has made many videos on his main channel so far. He tried many things when he started his channel by uploading gaming videos. He also tried to offer tips for aspiring content creators to get more views on YouTube. None of these video ideas worked!
Although he started making videos in 2012, his first video went viral in January 2017 when he uploaded a video of himself counting up to 100,000 views. He later revealed that it took hours.
Here’s what MrBeast had to say about the challenge. “I dropped out of school and I wasn’t making much. I knew it would go viral.” After the first video went viral, Li started making similar videos, including spinning a fidget spinner for 2 hours, spending 50 hours buried alive, 2 hours in mud, etc.
People liked it and that’s why he started getting millions of views and subscribers on his channel. Here’s what MrBeast had to say about the challenge. “I quit and I didn’t do much. I knew it would go viral.” After the first video went viral, Li started making similar videos, including spinning a fidget spinner for 2 hours, spending 50 hours buried alive, 2 hours in mud, etc.
People liked it and that’s why he started getting millions of views and subscribers on his channel.
2. Make viral videos
“He [MrBeast] lives on a different planet than the rest of the YouTube world,” says Casey Neistat, filmmaker turned YouTuber. MrBeast gets millions of views on his YouTube videos EVERY TIME! One of the secrets of MrBeast’s mega-success is this: he creates evergreen content that can be enjoyed at any time of the year. Let’s take a look at his last couple of videos.
As you can see above, they have each surpassed 50 million views. Within 2 hours of posting a video on his main channel, he gets over 20-25 million views. A million views per video is unmatched by even the BIGGEST stars on YouTube.
So how does MrBeast get so many millions of views on his YouTube videos?
MrBeast has probably cracked YouTube’s secret code. He knows how the YouTube algorithm works and creates content that automatically gets millions of views every time. He once said: “If you know how to make a video go viral, it’s about reaching as many people as possible.”
3. Create catchy headlines and thumbnails
Want more views on your YouTube videos? Create eye-catching headlines and thumbnails. Your title and thumbnail are the FIRST things people see before they click on your video. If they are NOT attractive enough, people will watch other videos. It’s that simple.
Have you noticed any patterns? All headlines are eye-catching and compelling enough to click on immediately after reading. Almost all of his video titles look like clickbait because they seem too good to be true.
Additionally, MrBeast keeps its thumbnails simple. .
4. Keep your subscribers engaged and happy:
One of the main REASONS millions of people subscribe to MrBeast’s channel is: he makes his subscribers happy. He often does this. So if you are going to create a top subscribed YouTube channel like MrBeast, keep your subscribers engaged.
Make them happy. Feature them in your videos. Shout out to them. Respond to their comments. Pin top comments when someone leaves a thoughtful or funny comment on your videos.
5. Be outrageously consistent
Consistency is the Key to MrBeast’s YouTube success. In the last four months, MrBeast has uploaded 9 videos to his main channel.
He is very consistent even after having many followers on YouTube. And regularly uploaded videos of gameplay, worst intros, giveaways and more.
He NEVER stopped uploading videos even though most of his original videos didn’t get many views. Check out the views of his first videos. Do you see it? Most of them haven’t even crossed 100,000 views. Has he stopped uploading new videos? No! He experimented until he found what worked best for his channel.
So if you want to be successful like MrBeast, be consistent. Think about a suitable schedule that works for you. So stick with it.
MrBeast knows the importance of diversification. He announced that he was running the main channel at a loss. MrBeast currently has over 300 million subscribers across ALL of his YouTube channels (as of this writing).
MrBeast Donaldson manages the following six YouTube channels.
- Mr. Beast
- Beast Philanthropy
- MrBeast Gaming
- MrBeast Shorts
- Beast Reacts
The forest reacts Let’s briefly talk about these channels.
1. By MrBeast
This channel is Beast’s PRIMARY channel where all the fun happens. On this channel, He regularly posts videos about donating money, cars, houses and more. Current subscribers: 213 million
2. Beast Philanthropy
MrBeast is probably the #1 philanthropist on YouTube because he donates a TON of money. Her YouTube channel description says, “100% of my ad revenue, merchandise sales and sponsorships go to our food pantry!”. Current subscribers: 19 million
3. MrBeast Gaming
This is where MrBeast uploads all his gaming including Minecraft, GTA and more. He is constantly uploading new gaming videos on this channel. Each video gets an average of 10 million views! Current subscribers: 40 million
4. MrBeast shorts
YouTube recently launched YouTube Short Videos, which are basically video clips of up to 60 seconds (and are mostly short, engaging videos created by users). The MrBeast Shorts channel contains all the shortest videos. Current subscribers: 3 million
5. The Beast reacts
On this channel, MrBeast and his friend Chris react to viral videos going viral on the internet. Some of the popular videos on this channel include: The world’s fastest workers The most expensive houses The most dangerous tourist destinations Current subscribers: 30 million
The BIGGEST lesson we can all learn from MrBeast’s success on YouTube is this: “If you have a main channel with millions of subscribers, it’s easier to get big subscribers.
How does MrBeast get so much money to donate?
MrBeast often gives away items worth millions of dollars, such as cash, houses, cars, gifts, boats, etc. How can MrBeast spend so much money? He mainly generates money in the following three ways.
- YouTube ad revenue
- Sale of goods
Let’s talk about the top three strategies that MrBeast uses to earn so much money from YouTube.
Most of the fortune of Mr. Beast comes from his sponsor. Here is a list of sponsors who pay MrBeast a lot of money.
Quidd: Quidd is the first sponsor to give MrBeast more than $10,000, which he later donated to the homeless.
MrBeast’s videos continue to be sponsored by Quidd.
Quick note: Quidd is an app for collecting and sharing rare digital goods like chat stickers, trading cards, GIFs, etc.
Honey: Honey is probably the BIGGEST contributor to MrBeast’s net worth as he often supports Honey in his YouTube videos.
Quick note: Honey is a FREE browser extension that automatically finds and applies coupon codes at checkout.
Apex Legends: Apex Legends is another sponsor of MrBeast’s YouTube channel, sponsoring $200,000 “$200,000 Youtuber Battle Royale” and “$100,000 donation to Real Life Shroud” for every kill etc.
Quick Note: Apex Legends is a free-to-play action hero shooter Dragon City: Dragon City is also a sponsor of MrBeast videos such as “Giving $100,000 to a Homeless Person”, “70,000$ Extreme Hide and Seek Challenge” etc.
Quick note: Dragon City is a game about collecting, fighting and leveling dragons. In addition to the above, MrBeast also offers paid advertising to other brands, such as Hello Neighbor, where it links to their website in its video description. It looks like this;
2. Selling Merchandise
Another major contributor to MrBeast’s net worth and YouTube contributions is his merchandise. MrBeast has an online store Mr Beast Store where he sells a wide range of products including;
- School bags Accessories and more
- Plus, most of his hoodies and shirts sold out pretty quickly! Last year, Mr. Beast about $2.25 million per month from his commodity group.
MrBeast Net Worth 2024: How MrBeast Got $500 Million Net Worth and 213 Million Subscribers? He also runs a chain of fast food restaurants called MrBeast Burger, which currently has 900 locations in North America and Europe. The menu includes burgers, fries, desserts and canned drinks.
3. YouTube Ads MrBeast
YouTube’s AdSense earnings are also HUGE as he gets millions of views every day. Let’s take a look at MrBeast’s video stats.
MrBeast Net Worth 2023:
How MrBeast Got $500 Million Net Worth and 213 Million Subscribers? As you can see above, MrBeast averages over 0-50 million views on his YouTube videos EVERY DAY.
He also runs a few other YouTube channels, and MrBeast Gaming is another popular gaming channel that also gets the same amount of views (or slightly less).
Even with $7 CPM, MrBeast generates a whopping $100,000 (on average) from YouTube ads per day. How much does MrBeast really earn per month? MrBeast earns an average of more than 8-10 million dollars every month from various sources such as sponsorship, YouTube ads, merchandise, etc.
- In 2019, MrBeast won the 9th Streamy Awards in the “Breakout Creator” category.
- In 2020, MrBeast won YouTuber of the Year at the 12th Annual Shorty Awards
- In 2020, MrBeast also won the 10th Streamy Awards in various categories including;
- Creator of the year
- Live Specialist
- Social Good:
- Social benefit: a non-profit or non-governmental organization I
In 2021, MrBeast won the 11th Streamy Award for Creator of the Year.
In 2022, Mr Beast won the 12th Streamy Awards in several categories including;
- Creator of the year Social Good:
- God Brand engagement
- He also won Favorite Male Creator twice at the Nickelodeon Kids’ Choice Awards in 2022 and 2023.
How much does Mr Beast earn from his YouTube videos?
How much does he spend on them?
According to Celebrity Net Worth, MrBeast earns between $3 million and $5 million per month through a combination of advertising revenue and paid sponsorships. His $5 million in YouTube revenue in 2021 averages $ .5 million per month across the platform.
However, Donaldson reportedly won’t hold onto his video earnings for long. He uses most of his earnings to fund future videos. They can reportedly cost him anywhere from $300,000 to several million dollars to produce.
That big price tag shouldn’t surprise anyone who saw one of his most famous competition videos (below), where he recreated the sequences and challenges of the 2021 Netflix (NFLX) – Get a Free Report hit “Squid Game.” detail Don’t worry, he offered the winner a top prize of $ 56,000 (plus smaller consolation prizes for those who were eliminated).
According to Donaldson, part of what made him so successful is his tendency to spend almost all of his income on his business: “My mindset was just ‘invest everything I earn’ – every time I got paid, it was a budget for the month. . “
Animal Welfare: What Causes Does It Support?
As mentioned above, a large part of the income from Donaldson’s video projects is invested in the production of new video challenges. But the young entrepreneur is also known for donating large sums to charity and holding fundraisers to collect additional donations from celebrities, businessmen and the public.
In 2020, Donaldson launched Beast Philanthropy, a YouTube advocacy channel and 501(c)(3) nonprofit.
All proceeds from advertising, merchandise and sponsorships are donated to various charities, including mobile food pantries in his home state of North Carolina. Donaldson, along with other YouTubers and influencers, has also created extensive global fundraising campaigns dedicated to environmental issues such as planting trees and removing trash from the oceans.
Team Trees, which aimed to raise $20 million to plant the same number of trees worldwide through the Arbor Day Foundation, surpassed its funding goal in less than a year, including large donations from tech moguls such as Twitter founder Jack Dorsey and the Tesla CEO Elon Musk. . . A similar initiative, Team Seas, aims to raise $30 million to remove 30 million pounds of trash from the oceans.
By May 2023, more than 15 million pounds of marine pollution have been removed, marking the halfway point of the campaign.
MrBeast Burger and Feastables: Donaldson’s Food Companies
In 2020, Donaldson partnered with Virtual Dining Concepts to create MrBeast Burger, a line of branded burgers and sandwiches that can be picked up from existing restaurant kitchens and delivered through delivery services such as DoorDash (DASH) – Get a Free Report and UberEats (UBER). )
– Get a free report. Basically, MrBeast Burger is a “ghost kitchen”, but unlike most delivery-only kitchens, this existing restaurant is sold out, so they can supplement their menu with another, virtual restaurant menu.
Founded in 2022, Feastables is a chocolate bar company that Donaldson launched with a Willy Wonka-esque Golden Ticket challenge that culminated in a video contest where ticket holders competed in challenges.
How many YouTube channels does MrBeast manage?
As of late 2023, MrBeast had five active English-language YouTube channels:
- MrBeast: 206 million subscribers
- MrBeast Gaming: 39.6 million subscribers
- Beast Reacs: 30. million subscribers
- MrBeast 2: 33.1 million subscribers
- Beast Philanthropy: 18 million subscribers
In addition to the main channels, MrBeast operates alternative versions of these channels in Spanish, Portuguese, Russian and several other languages, and has about 10 previous channels that are no longer active. Several members of his team also run popular YouTube channels with tens of thousands or millions of subscribers.
Frequently Asked Questions of Mr. Beast Net Worth 2024
Here are some frequently asked questions about MrBeast, Jimmy Donaldson and his YouTube growth.
What is MrBeast’s real name?
Jimmy Donaldson is an American YouTuber and philanthropist who runs the popular YouTube channel MrBeast with over 213 million subscribers.
What is MrBeast’s net worth?
MrBeast’s net worth is estimated to be over $500 million in 2023. Most of his income comes from his online businesses, including YouTube channels, merchandising, sponsorships, etc.
What is MrBeast famous for?
MrBeast is famous for giving millions of dollars, private islands, luxury cars and expensive homes to strangers.
How much does MrBeast earn per month?
MrBeast earns over $10 million a month, with most of his income coming from sponsorships, paid collaborations, YouTube ads and merchandise.
How many subscribers does Mr Beast have?
As of 2023, MrBeast’s main YouTube channel has over 213 million subscribers.
Who are the sponsors of MrBeast’s YouTube videos?
Here are some of the brands that sponsor
– Apex Legends
– Dragon City
How can I contact MrBeast?
You can message MrBeast at: 1(917)259-636 or email him at [email protected]
Final thoughts of MrBeast net worth
MrBeast Jimmy has become a very popular YouTuber in recent years. After he started making more money from YouTube, he became much more generous, donating TONS of money to others.
His videos are NOT only entertaining but also very helpful to many people.
Are you a fan of MrBeast? How does he inspire you? Was this net worth post helpful to you? What is your favorite video from his channel?
Share your thoughts in the comments section.