MrBeast Net Worth 2023: MrBeast, also known as Jimmy Donaldson, has an estimated net worth of $100 million. While he does not profit directly from his YouTube videos, he has built a significant empire through his philanthropic YouTube stunt videos and various ventures. In 2022, he was reportedly seeking investors for his business at a valuation of $1 billion, although the final outcome remains undisclosed.
Summary of How Much is MrBeast’s Worth
|Category||Richest Business › Producers|
|Net Worth||$100 Million|
|Salary||$3-5 Million Per Month|
|Date of Birth||May 7, 1998 (25 years old)|
|Place of Birth||Kansas, U.S.|
|Profession||YouTuber, businessman, philanthropist|
What is Mr. Beast’s Salary Per Month
MrBeast’s Salary$3-5 Million Per Month
What is MrBeast’s Net Worth?
MrBeast is renowned for his generous giveaways to friends and charity, pioneering philanthropic YouTube content. He is among the highest-paid YouTubers globally, earning $24 million in 2020, $50 million in 2021, and an estimated $36 million in 2022. These earnings encompass YouTube ad revenue, merchandise sales, and sponsorships with major brands like Microsoft and Electronic Arts. He generates at least $3 million monthly from YouTube ads alone, not including in-video brand deals.
Notably, MrBeast reinvests the majority of his video earnings into production, with some videos costing as much as $300,000 to produce, compared to $10,000 just a few years ago. His stunts often have a philanthropic focus, such as giving money to strangers and supporting animal shelters.
With over 270 million subscribers across his five channels, including Mr Beast, MrBeast Gaming, MrBeast 2, Beast Reacts, and MrBeast Philanthropy, MrBeast’s main channel boasts 166 million subscribers, surpassing PewDiePie as the most-subscribed individual creator in the world.
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MrBeast Net Worth Overview: KEY FACTS
- Channels generate $3 million in monthly gross revenue
- Raised $20 million to plant 20 million trees
- Has donated over 100 cars
- Gave away $1 million in a single video
- Was rumored to value business at $1 billion
MrBeast Early Life and Career Beginnings
Jimmy Donaldson, known as MrBeast, was born on May 7, 1998, in Greenville, North Carolina. He attended Greenville Christian Academy and graduated in 2016. MrBeast began his YouTube journey at the age of 12, using the username “MrBeast6000.” Despite a brief college stint, he decided to drop out and pursue a full-time YouTube career.
His early videos featured content such as video game commentary, reaction videos, and humorous compilations. MrBeast’s breakthrough came in 2017 with his video titled “counting to 100,000,” where he spent 44 hours counting to 100,000. This video garnered over 21 million views, propelling him to fame.
He continued to push the boundaries with feats like counting to 200,000, reading the dictionary, reciting the “Bee Movie” script, crossing America via Uber, repeatedly saying “Logan Paul” 100,000 times, and enduring a 10-hour loop of Jake Paul’s “It’s Every Day Bro” music video.
MrBeast’s YouTube channels now boast a combined subscriber count of over 270 million, accumulating more than 28 billion video views. Most of his average videos receive over 20 million views. He enjoys a substantial social media presence with 39 million Instagram followers, 21.8 million Twitter followers, and 84 million TikTok followers.
He is closely associated with PewDiePie and has supported him by purchasing billboards and radio ads to help him gain more subscribers than T-Series. MrBeast’s achievements include winning the Breakout Creator award at the 2019 Shorty Awards, being nominated for a 2020 Kids’ Choice Award for Favorite Male Social Star, winning the 2020 YouTuber of the Year award, and being named the 2020 Creator of the Year at the Streamy Awards. His impressive track record of awards continues into 2023. In a single week in July 2020, MrBeast gained 400,000 new subscribers and amassed over 80 million video views, making him the 20th most popular personality on YouTube during that period.
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MrBeast Stunt Philanthropy
Jimmy Donaldson, also known as MrBeast, struck gold in 2018 when he introduced the concept of “stunt philanthropy.” During this period, one of his most popular videos involved giving away $1,000 to random strangers. This approach resonated with millions of fans, leading to a surge in subscribers on his channels. MrBeast’s content now featured him generously gifting hundreds of thousands of dollars and even a whopping $1 million.
In December 2019, he posted a video 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 would be the fortunate recipient of the money:
MrBeast Monthly Video Production Budget
MrBeast, or Jimmy Donaldson, follows a unique financial approach, openly sharing that he reinvests his entire monthly income into producing content. This practice is in perfect harmony with his extravagant video concepts, which often involve giving away substantial sums of money. As a notable example, in August 2020, he allocated a minimum of $3 million to cover various expenses related to production, including staff salaries, rent, and other necessities.
MrBeast Monthly Earnings
MrBeast, whose real name is Jimmy Donaldson, generates substantial monthly income through multiple streams, primarily:
- Ad Revenue: Assuming an average video CPM (earnings per thousand views) of $5, his 283 million views in March 2022 translated to approximately $1.4 million in net earnings.
- Sponsorships: MrBeast charges around $1 million per month for primary sponsorship of his main video page. Considering sponsorships on his other channels, it’s safe to estimate an additional $1 million, totaling $2 million from sponsorships.
- Merchandise: Merchandise sales constitute a significant portion of his income. In the previous year, around half of his $54 million earnings came from merchandise sales, averaging $2.25 million per month. A conservative estimate of $2 million per month from merchandise is reasonable.
Adding these revenue sources together, MrBeast’s monthly income amounts to $5.4 million. This equates to approximately $174,193 earned every day in March 2022.
Jimmy Donaldson, known as MrBeast, has been involved in various philanthropic initiatives and gaming ventures in addition to his YouTube career:
MrBeast Team Trees
In collaboration with former NASA engineer Mark Rober, MrBeast launched the #TeamTrees fundraising challenge in October 2019. Their goal was to raise $20 million for the Arbor Day Foundation within three months to plant trees. They exceeded this goal within two months, ultimately raising $23 million and planting over 7 million trees. The project aims to plant a total of 20 million trees, which would remove an estimated 1.6 million tons of carbon from the atmosphere and eliminate 116 thousand tons of chemical air pollution.
MrBeast Mobile Gaming
In June 2020, MrBeast introduced a multiplayer endurance game called “Finger on the App.” Players worldwide had to keep their finger on the phone screen within the app, with the last person remaining winning $25,000.
MrBeast has received recognition and nominations in various award ceremonies. Notable awards include Breakout Creator at the 2019 Streamy Awards, Creator of the Year, Live Special, Social Good: Creator, and Social Good: Nonprofit or NGO at the 2020 Streamy Awards. He also earned the YouTuber of the Year award at the 2020 Shorty Awards. In 2022, he was honored with the Social Good: Creator and Brand Engagement awards at the 12th Streamy Awards. He has been nominated for Kids’ Choice Awards, winning Favorite Male Creator in both 2022 and 2023.
MrBeast has a long history of contributing to various charitable causes. Through his stunt videos, he has donated substantial sums and items to several organizations, 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, in December 2018, one of his videos donated $100,000 worth of clothing and other items to homeless shelters.
In October 2019, Jimmy partnered with NASA engineer and YouTuber Mark Rober to establish the #TeamTrees foundation. Their mission was to raise $20 million within three months to support the Arbor Day Foundation, with one tree being planted for every dollar raised. Many YouTubers collaborated to promote this cause, and within 24 hours of launching, they had already raised $4 million. By December, they had exceeded their $20 million goal, ultimately raising over $22 million (as of the latest available data).
MrBeast Personal Life
Jimmy Donaldson, known as MrBeast, has been open about his personal struggle with Crohn’s disease, an inflammatory bowel condition. He received his diagnosis during the ninth grade. Before his diagnosis, he experienced frequent illness, leading to a significant weight loss of 30 pounds during one summer due to severe discomfort. He manages his condition with medication and adheres to a relatively strict diet.
In June 2019, Jimmy Donaldson, known as MrBeast, began dating Maddy Spidell. Their relationship started after they connected on Twitter. Maddy was introduced 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 to date. Maddy has since made appearances in several more of MrBeast’s videos, including “I Adopted EVERY Dog in a Dog Shelter” and “I Spent 50 Hours in Solitary Confinement.”
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