Who is MrBeast?
Jimmy Donaldson, an American YouTuber is popularly known as Mr. Beast. Besides, he is also an entrepreneur and a philanthropist. This 23-year old YouTuber is also the highest-earning YouTuber in the world. In 2021 alone, he earned a sum of $54 million. He has a current net worth of $8 million.
He uses his earnings for charitable purposes and creating stunts videos for his YouTube Channel. The stunts include giving away huge amounts of money to friends or complete strangers. You must be wondering how is Jimmy able to donate this great amount of money. Here we have described all the sources of his income. Read further to know more.
How Much Money Does MrBeast Have?
The 23-year-old American philanthropist makes generous donations. He has donated millions over the years. He has donated houses to homeless people, rescued an entire shelter of dogs, charities to children and veterans. In 2018, he donated clothing to homeless people. Because of his elaborate charitable videos, he gets a lot of support from his fans. In 2019, he also raised funds for #TeamTrees to plant over 20 million trees. They raised around $24 million within two months for this philanthropic purpose.
What Are His Sources of Income?
His sources of income include his YouTube channels, the sale of his merchandise, his clothing line, and sponsorships from several big brands. Find out how much these sources contribute to his income.
1. Earnings from his YouTube Channel
Mr. Beast’s main YouTube channels include MrBeast, MrBeast Shorts, Beast Reacts. His other channels include Totally Not MrBeast, beast, Beast Network, MrBeast5997, MrBeast5998, and MeTalkOverGames. However, these are his inactive channels. His main channels have over 121 million subscribers making him the most-subscribed US-based YouTube Content creator. On his main channel, MrBeast alone he has 90 million subscribers. He is the second most subscribed YouTuber after PewDiePie who has over 110 million subscribers on his single channel.
Mr. Beast has generated combined views of $10 billion on all his videos. He receives daily average views of over 20 million.
Jimmy Donaldson earns a handsome amount from AdSense alone. He earns over $3 million per month from YouTube ad sense on his videos. Per day earnings from YouTube ad sense counts to $55,000. Annually, it sums up to $20 million.
He has additional earnings from brand promotions through his videos. He has endorsed brands like Tik Tok, Quid, Honey, and CSGO Lotto among others.
Mr. Beast spends millions of dollars on his single video. His videos demonstrate philanthropic stunts like giving away huge amounts of money to complete strangers or rescuing pets. In one of his videos, he donated $1 million for his single YouTube video. He has also donated over 100 luxury cars for his videos.
In 2020, he won the YouTuber of the year award. He also bagged the title of Breakout creator at the Streamy Awards in 2019. He had also been awarded the 2020 Kids’ Choice Award for Favorite Male Social Star.
Jimmy Donaldson started creating his videos by giving away $10,000 to strangers. Consequently, people started subscribing to his YouTube channel and now he spends $300,000 for just a single video. One of the most viewed videos of his features $1 million cash and the last one to remove his hand would win the entire money. Other videos include buying five complete stores to donate all the items of the store, giving $500000 to random people. YouTube is the biggest source of his income. However, Mr. Beast spends all his monthly YouTube earnings on his videos.
He also earns by running advertisements of several brands on the live streaming platform, Twitch, Snapchat, and Facebook.
2. Earnings from his Clothing Line
A huge part of Jimmy Donaldson’s earnings depends on the sale of his merchandise. Donaldson’s clothing line is considered the second biggest source of revenue contributing 40 percent of his annual income. He sells his gaming-designed merchandise through an online site shopmrbeast.com. It deals in hoodies, shirts, ties, mugs, bottles, masks, and several other items. The estimate of his income from this clothing brand is still unknown.
3. Earnings from MrBeast Burger
Jimmy Donaldson has also launched the ‘Beast Burger’ in 2020. It is an online restaurant chain. He has partnered with more than 1500 restaurants across the United States, United Kingdom, and Canada. He also launched the MrBeast Burger App in association with his ‘Beast Burger.’ This food delivery app is given the #1 ranking among all the other delivery apps. At the first opening location, he even donated $100 on every order placed.
He has earned millions through this food venture. He has old over a million burgers until last year. Annually, MrBeast Burgers generates revenue of $54 million. Besides burgers, it also offers sandwiches, drinks, and cookies. Additional revenues sum up to another $8 million. Because of Mr. Beast’s high reach, his venture sees a spike in the sale of food items.
4. Earning from Partnerships
A part of Mr. Beast’s income generates from his partnerships with several brands including Jellysmack. It is a creator services venture with which Jimmy signed a deal to sharing of his videos on apps like Snapchat or Facebook.
5. Beast Interactive Games
Mr. Beast also earns a good amount of money through his gaming company Beast Interactive Games. He has also launched a game named ‘Finger on the App’ in mid-2020. Through this game, by just keeping the finger on your mobile screen, you could have won $25,000 if you were the last to pull out.
Conclusion
Mr. Beast is one of the most successful YouTubers in the world. Although Mr. Beast earns millions of dollars from various sources, he focuses on charitable works and random donations. Recently, he had raised a huge fund of $20 million under the name #TeamTrees. The fund raised was sent to Arbor Day Foundation which was then used to plant 20 million trees. He makes generous donations for his videos as well.
