YouTube has been a place for content creators to make a name for themselves and make a lot of money since the site first started. PewDiePie, Zella, and David Dobrik are three famous people who have made a lot of money. But MrBeast is currently the most famous person on YouTube and the person who makes the most money from it.
So, who is MrBeast, how did he get famous, and how much is he worth?
Who Is MrBeast
MrBeast is the online name of Jimmy Donaldson, an American who makes videos for YouTube, runs a business, and gives money to good causes. He was born in Kansas on May 7, 1998, but he moved to Greenville, North Carolina when he was young. In 2016, he got his diploma from Greenville Christian Academy.
Jimmy Donaldson, who is better known by his stage name MrBeast, has 67.8 million subscribers on YouTube because he posts mostly charitable videos. But the question is how he can give so much and do it over and over again.
It’s almost impossible to find a person who gives away hundreds of thousands of dollars all the time. Nor is it very common for a 22-year-old to buy everything from 5 Walmart stores and then give it all away just for his YouTube videos. MrBeast is leading the way with these kinds of stunts that raise money for good causes.
Whether it’s giving away $1,000,000 worth of food to people in need, giving away $1,000,000 to help new streamers, or giving a $8,000,000 island to a friend, he’s been in the news lately for doing such big acts of kindness. But a person would need millions of dollars in his bank account to be able to do all of these good things.
Kind Of Money Does MrBeast Make
MrBeast has to make a lot of money to keep giving away so much money. In a recent talk, he said that his main YouTube channel spends way too much money. To make up for the loss, he just started a gaming channel so that he can use the money he makes there to do good things for other people.
Like most other YouTubers, MrBeast’s main source of income is AdSense. Most of his money comes from overlays, displays, and video ads that are shown on his videos. The amount of money he gets depends on how many times his video is watched and the current CPM rate. Lastly, he gets a certain amount of the money that YouTube makes from the ads that are shown on its videos.
Working With Other Brands
Brand partnerships are another common way that MrBeast makes money from his YouTube channel. In fact, it would be better to say that MrBeast works with the brands than to say that the brands work with MrBeast. His YouTube channel is where big and small brands go to promote their products because each of his videos easily gets over 30 million views.
As his popularity keeps growing, more and more brands are getting in touch with him. Because he has so many fans, MrBeast can charge as much as he wants for a few seconds of space in his videos.
MrBeast just recently made a special ad for the Honey browser extension. Honey’s business model would have gotten a huge boost if such a well-known person had come out and talked about the benefits of the extension. But there is no way to know how much money MrBeast made by advertising the Honey browser extension. But with this much popularity, it’s hard to imagine anything less than a million.
Additional YouTube Channels
MrBeast has a lot of other YouTube channels with different names, like MrBeast Shorts, MrBeast Gaming, Beast Reacts, MrBeast 2, and Beast Philanthropy. Millions of people already watch all of the channels. MrBeast only made these other channels to help him make money so that he can keep getting donations on his main YouTube channel.
MrBeast also has a lot of fans on Twitch, but he doesn’t go live there very often. But when he does, his subscribers watch in large numbers and give him money.
MrBeast Business of His Own
The content creators of today are more likely to have their own merchandise than they were in the past. And MrBeast is the same. We have a huge range of clothes to choose from in his merchandise. His products include everything from casual wear to designs made for video games. He has even added different clothing options to his MrBeast Burger project as of late.
So, MrBeast has his own chain of Burger restaurants all over the USA. And to get his name out there, he gave $100 to every customer who bought something at the first location of his burger chain. Now, his Burger chain has more than 300 locations, but the menu only has a few choices.
Clubs You Can Join
We think that Mr. Beast’s last way to make money is through his exclusive membership club. MrBeast has its own exclusive membership club, just like many Esports organisations like Fnatic, G2 Esports, and Team Liquid. Fans can join these clubs to get access to exclusive content like behind-the-scenes bloopers, early news updates, and much more.
About MrBeast, he charges about $10 per person to join his membership club, where his fans can watch exclusive podcasts and other random videos. Most importantly, all of the money he makes from his club goes straight into his pocket.
How Much Money Does MrBeast
The only person who knows how much MrBeast actually makes is MrBeast himself. But that hasn’t happened yet, and we don’t think it will ever happen. But there are a lot of websites on the internet that try to figure out how much money famous people make. Most of the time, these websites give wrong numbers, but just for fun, “Celebrity Net Worth” says that MrBeast’s annual income is $25 million and his monthly income is $3 million.