Entertainment

MrBeast Net Worth 2023: Breaking Down MrBeast’s Income Streams

  • MrBeast was awarded by the Guinness World Records in the category “Most Subscribers for an Individual Male on Youtube.”
  • As of right now, MrBeast has more than 156 million subscribers on his main YouTube channel!
  • MrBeast makes money through various business ventures, such as the Feastables and MrBeast Burgers.
  • According to Forbes Magazine, the Mr Beast net worth reached a staggering $500.000.000 in 2023.
  • MrBeast is also a philanthropist dedicated to ecology, refugees, poverty, and the overall well-being of people!

We all know that celebrities can make quite a lot of money, no matter if they’re influences, singers, or rock stars. But how do they make that money, and how are all those income streams interconnected?

Before we understand how celebrities and influencers make money, we must break down all their income strings into more understandable categories which are easy to grasp. For instance, we can categorize David Dobrik’s net worth depending on the platforms, apps, or Youtube subscriptions and views.

But what about Mr Beast net worth!? This Youtube sensation makes between 3 and 5 million dollars monthly and invests in numerous start-ups, such as the Feastables and MrBeast Burger.

In this article, we’ll dive deep into the income streams of MrBeast and try to find out how they form the total MrBeast net worth. Stay tuned and learn how influencers double and triple their incomes!

What Is MrBeast’s Net Worth in 2023?

Before we find out how MrBeast makes all his money, we must address the question: “How much money does MrBeast have?” We can give you multiple answers to this intriguing question because multiple sources state different sums for the total Mr Beast net worth. However, according to Forbes, Mr.Beast net worth is $500 million, and this is maybe the most reliable source out there!

If you didn’t know what a net worth is, it’s one’s assets minus liabilities. Net worth is essential in defining the overall wealth of a person or company because it excludes all the obligations and taxes from the acquired profits. Net worth is what the person or the organization owns minus what the person or the organization owes.

So, MrBeast has $500 million in his pocket after he brings all his expenses and obligations down to 0.

MrBeast’s Early Life and Career Beginnings

The full name of MrBeast is Jimmy Donaldson. Jimmy Donaldson was born on May 7, 1998, in Wichita, Kansas, United States. MrBeast comes from a middle-class family, and his parents raised him and his brother, Charles, in Greenville, North Carolina. Growing up, he struggled with Crohn’s disease, which prevented him from regularly attending classes and socializing with his peers during high school.

Jimmy Donaldson graduated from the Greenville Christian Academy and then enrolled in East Carolina University (ECU) but dropped out soon after. At only 13, Jimmy Donaldson started his YouTube career under the moniker “MrBeast6000.” It’s even more interesting that his brother Charles is also a famous vlogger and has a YouTube channel called CjThese Days, formerly known as the MrBro.

The best way to start answering the question: “How rich is Mr Beast?” is to explain his career path and how he embarked on this influencing journey. In the first few years, he was focused on video games, such as Minecraft, Call of Duty, and Black Ops II. Also, he would provide up-and-coming YouTubers and influencers with tips and tricks on how to become better and create valuable content.

MrBeast gained initial popularity through the Worst Intros On YouTube series, where he portrayed unsuccessful and uncreative intros of popular youtube content and vlogs, sparking fun and poking influencers to do better.

In 2016, Jimmy Donaldson already had more than 30.000 subscribers and eventually started including his childhood friends in his videos to create valuable and viral-worthy content. Today, he receives a lot of support from his most recent girlfriend, Thea Booysen.

Mr Beast Net Worth: How Did Mr Beast Make His Money?

The Mr.Beast net worth pool is constantly filled with various income streams like Youtube ad revenues, brand sponsorships, brand partnerships, merchandise sales, business ventures, and entrepreneurship investments. Following is a breakdown of the different MrBeast income streams and how they affect his net worth:

YouTube Ad Revenue: How Much Does MrBeast Make per Video?

As of the moment, the main MrBeast channel has more than 156 million subscribers from all parts of the globe! If you’re asking yourself: “How much does MrBeast make per video?” he makes between 3 and 5 million dollars monthly, only from the YouTube ads for his videos. So, the estimated earning per video ranges between $500.000 and $1.000.000.

MrBeast currently has more than 26 billion views. His most popular video is “$456,000 Squid Game in Real Life.” The video was released in late 2021 and currently has more than 427 million views. In Squid Game in Real Life, MrBeast essentially recreates Squid Game (without the grisly murders, of course) and gives the last one standing from the 456 participants a whopping $456.000. The estimated Youtube Ad revenues from Squid Game in Real Life range between $875.000 and $1 million.

His other viral videos include Last to Live Circle Wins $500.000, and I Spent 50 Hours in Solitary Confinement. The estimated ad payouts for these two MrBeast videos are between $500.000 and $800.000 and $650.000 and $850.000, respectively. The total Youtube Ad Revenue of MrBeast is estimated at $1.4m of net earnings.

Brand Sponsorships and Partnerships

When talking about Mr Beast net worth, we must mention the sponsorships and partnerships. The vlogger charges a staggering $500,000 to $2 million to be your primary sponsor on his main YouTube Channel. However, he has 4 more channels and charges a similar amount for sponsorships on those channels.

Merchandise Sales

Merchandise sales are an essential part of the Mr.Beast net worth! He’s taken advantage of his fame and launched his series of products, such as accessories and apparel. He then uses the merchandise profits to devise brand-new financial strategies to cover his lavish YouTube stunts. In 2022, he made around 27 million dollars from merchandise sales (or half of his $54 million in 2022 annual revenues).

Business ventures and investments

Since gaining all-out success, MrBeast has started investing in business ventures and other investments, such as product lines, applications, and other startups. An example of the MrBeast business ventures is the MrBeast Burger app and Feastibles. What’s more, in the past couple of years, MrBeast has begun collaborations with other companies, such as the famous collaboration between Feastables and 7-Eleven.

Estimating MrBeast’s Net Worth

So, how much is Mr Beast worth overall? We’ll use multiple sources for the most accurate estimation. For instance, if we want to estimate the total net worth of MrBeast, we must first consider the revenues he acquires only from YouTube ads (views and subscribers).
As we’ve mentioned, MrBeast has more than 156 million subscribers and gains tens of millions of views monthly. There’s a potential growth in his net worth because of the growth of YouTube ads payouts and the ever-growing number of companies and ventures promoting their products and services on some of his YouTube channels.

According to Forbes’ statistics, the total Mr Beast net worth is $500 million, and he plans to double that amount. However, different sources have other estimates that take into account certain variables only. For example, some estimates say that his net worth ranges between $10 million and $58 million, while others say that Mr Beast net worth is as high as $100 million.

The difference between all these sources is in the calculation – some statistics include only the YouTube ads revenues. On the other hand, credible news and media agencies and organizations like Forbes also include the revenues generated from the ventures, business partnerships, and merchandise sales.

However, companies like Forbes can sometimes overlook MrBeast philanthropic donations and the money which he invests in other ventures, such as apps and product lines. According to us and the median range, Mr. Beast net worth is around $100 million.

How Much Money Does MrBeast Make a Day?

When calculating the Mr Beast net worth, we wondered: “How much money does Mr Beast make a day?” According to TuBeast 2022 statistics, MrBeast’s daily earning is around $100.000. However, these earnings are from the YouTube ads and payouts alone!

If we consider two additional income streams, such as the MrBeast Burgershops or the merchandise sales, in 2021, MrBeast earned another $120.000 to $140.000 daily. Nonetheless, these price ranges can vary depending on the YouTube ads payouts, Burgershop and merchandise sales levels, profit margins, and much more.

Nevertheless, according to MrBeast News – if the MrBeast videos can generate up to $5 million per month – MrBeast can cash in more than $200.000 only from his four active YouTube channels. In our view, a possible scenario is that MrBeast makes around $150.000 to $200.000 daily if we consider the fluctuation and variations in the number of viewers, subscribers, and buyers of products and services.

Notable Achievements and Milestones

A YouTube giant in the likes of MrBeast celebrates numerous milestones over the course of their career, bringing them both money and public recognition. The notable achievements and milestones in MrBeast’s career start from a very early age.

He began producing his video content at the age of thirteen in 2012. Then, in 2016, MrBeast, or Jimmy Donaldson, reached 30.000 subscribers! However, in January 2017, Donaldson started broadcasting a live video, counting the number of subscribers to 100.000. This was the first time MrBeast went viral, and the Mr Beast networth rose exponentially.

Another milestone in the career of MrBeast is the organization of the rock, papers, and scissors competition which included 32 influencers with different backgrounds. He hosted this competition in April 2020 and had more than 600.000 concurrent views. In October of the same year, Donaldson organized another influencers’ event with 24 influencers competing for a grand prize of $300.000.

However, his biggest success and most prominent milestone is his inclusion in the Guinness Book of World Records as the “Most Subscribers for an Individual Male on Youtube.” This happened on 17 November 2022, when Donaldson reached a staggering number of 112,193,139 subscribers. That’s why it isn’t a surprise that MrBeast has more than 156 million subscribers and counting today

Philanthropy and Charitable Contributions

MrBeast is primarily known because of his philanthropy and charitable contributions. Donaldson even has a website dedicated to philanthropy called the Beast Philanthropy, where he states that he has donated more than $5.5 million for this purpose. Some of the more important charitable contributions of Donaldson are the #TeamTrees program, the $3 million he has donated to Ukrainian refugees, the competitions and donations for influencers, and much more!

In 2017, MrBeast reached 1.000.000 subscribers on his main YouTube Channel. In 2019, after the growth of his revenues and the sparking interest between media companies and other organizations, MrBeast successfully launched #TeamTrees and planted 20.000.000 trees by the end of the year.

In 2021, he also embarked on a charitable journey, gathering $300.000 to provide public school students with laptops and the necessary technology for educational purposes. Moreover, he managed to amass more than $1,000,000 to help patients with cataracts get their surgeries done and restore their eyesight once and for all. Additionally, he has donated 20.000 pairs of shoes to children across Africa.

That’s why, on his YouTube channel dedicated to philanthropy and charitable contribution, he has stated that 100% of the profits he makes from ads, merchandise, and sponsorships go directly to “making the world a better place!”

MrBeast Awards

Awards and nominations of any kind can boost the overall MrBeast net worth. We’ll mention the three most prominent awards Donaldson has won: the 10th, 11th, and 12th Steamy Awards (as Creator of the Year, Brand Engagement, and Social Good Creator). In 2022 and 2023, MrBeast also won the Kids’ Choice Awards.

MrBeast Speculations and Controversies

Even though MrBeast net worth is something we can’t overlook, the backlash and speculations about his pure and altruistic intentions definitely caught our attention. For example, many people following him have stated that he uses marginalized groups of people for his gain. That’s why many people on Twitter, Facebook, Instagram, and Youtube have labeled him “demonic” and persistent in his exploitative strategies to build his audience even more.

An example of this is his latest funding of 1.000 surgeries for people with cataracts and similar eye problems. Another one is his donations to the children of Africa and how he promotes his altruism and ego-less deeds. Additionally, people have often accused him of being homophobic and racist because of his early-day videos where he makes fun of people’s sexuality and skin color.

Comparison with Other YouTubers and Influencers

Mr.Beast net worth is interconnected with the net worth of other YouTubers, such as PewDiePie or Chandler Hallow. Additionally, MrBeast works with other influencers and YouTubers like Chris Taylor, who had an integral role in building the MrBeast story!

These influencers have other fields of interest. For instance, PewDiePie makes funny and poking video content about eSports and video games, while Chris Taylor is more arts and production-oriented. But no one can compete with the MrBeast networth, although some of them, especially PewDiePie, have significant net worths of their own.

MrBeast Quotes About Life and Investment

Following are some of the famous MrBeast quotes about life and investments you can find on the internet:

“When I want something, it consumes my life!

Just thinking about possibly being a Youtuber one day was enough to keep me happy!”

I want to change the world before I die.”

“I wish there was a way to invest in social media influencers! Idk anything about the stock market, and I find it boring.”

“Make every video the best it can possibly be.”

Conclusion

MrBeast net worth is a web of various income streams, such as YouTube ad payouts, brand merchandise, startups, and non-profit investments. He currently makes between $3 million and $5 million monthly, and – according to Forbes – the Mr Beast networth is estimated at $500 million.

His philanthropy and charitable contributions have also increased his net worth while helping thousands of people worldwide. Despite all the controversy, MrBeast remains a shining star of YouTube and the type of person others should look up to!

FAQs

Is MrBeast the Richest Youtuber?

Yes, Jimmy Donaldson is the richest YouTuber in the world.

Who Is Richer: MrBeast or PewDiePie?

MrBeast is richer than PewDiePie. MrBeast net worth is much higher than PewDiePie’s (approximately $500 million to $100 million).

How Old Is MrBeast?

Jimmy Donaldson is 25 – he was born in 1998.

Ethan Reynolds

Meet Ethan Reynolds, an avid writer with a zest for life and a passion for exploring the vibrant tapestry of human experiences. With a background in cultural studies and a love for culinary adventures, Ethan weaves captivating stories that delve into the realms of lifestyle, health, food, fashion, music, culture, and travel. When he's not tapping away at his keyboard, you can find him savoring exotic cuisines, grooving to eclectic tunes, or immersing himself in the local customs of a new destination. Through his engaging writing, Ethan aims to inspire readers to embrace the richness of life, foster well-being, and embark on transformative journeys of discovery.

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