How Much Money Does MrBeast Have?

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In 2024, Jimmy Donaldson aka MrBeast (born May 7, 1998) is the biggest YouTuber out there.

With well over 40 billion video views and some 370 million subscribers across his main channel, MrBeast 2 (formerly MrBeast Shorts), Beast Reacts, MrBeast Gaming, and Beast Philanthropy, he is a behemoth influencer. He’s also received tons of accolades, including winning the Nickelodeon Kids’ Choice Award for Favorite Male Social Star and the Creator of the Year Streamy Award.

And: He’s one of the biggest earners on the platform.

His income is as legendary as his stunts, reaction videos, and giveaways, from getting buried alive for 7 days to giving a homeless man a house.

Between ad revenue, merchandise sales, partnerships, and his own companies, MrBeast is earning a fortune on a daily basis.

In fact, he’s so rich that he can regularly afford to go for truly extravagant content, such as giving his 100,000,000th subscriber an entire private island. Or buying an entire neighborhood in North Carolina for his staff to live in. Not to mention his car collection.

MrBeast is not afraid to spend his cash – and it often goes to viewers.

Forbes even projected that MrBeast would become the first YouTube billionaire.

But looking beyond the legend, how much money does MrBeast have? Like, actually?

We did the research. Here’s the full scoop on the YouTube star.

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How Much Does MrBeast Earn?

MrBeast’s income lies in the realm of about 82$ million last yearaccording to Forbes. This makes him not only the biggest, but also one of the highest-paid YouTubers.

According to analysts, he makes a minimum of $3 million a month in YouTube ad revenue alone. That figure is calculated from the number of views on his videos every month and their CPM (cost per mille), which ranges from $8 to $10 dollars.

Merchandise & Sponsoring

Another major income stream for MrBeast are merchandise sales. He offers a wide range of branded products, including t-shirts, hoodies, hats, and water bottles. Some estimates calculate that approximately 40% of MrBeast’s annual income comes from merch sales.

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MrBeast's merch store is well-stocked.

Next, MrBeast also earns money from sponsorships by various brands, such as Microsoft, Verizon, and Electronic Arts.

MrBeast's Businesses

Finally, there are his own business ventures especially MrBeast Burger and Feastables candy. MrBeast Burger launched in 2020. 

It’s a virtual restaurant developed together with Virtual Dining Concepts LLC. You can order burgers, fries, and beverages from an app and they’ll be delivered from one of over 1,000 contracted restaurants. Plus, there’s one physical MrBeast Burger location in New Jersey. Even though there have been tensions with business partners – including a lawsuit over alleged low food quality – MrBeast Burger brought in over $100 million between 2020 and 2022. 

As for Feastables, MrBeast launched this candy company back in 2022, together with Jim Murray, the former president of protein bar company Rxbar. Feastables sold over 1 million chocolate bars in its first 72 hours, and brought in over $10 million in its first four months. Today, Feastables is sold at major stores like Walmart, Target, and 7Eleven. In 2023, Feastables even started sponsoring an NBA team, with its logo now appearing on the jersey of the Charlotte Hornets.

MrBeast's Reinvestment Strategy

However, the Kansas-born creator plows a lot of that money straight back into video production. He has made reinvesting a principle of his YouTube career:

MrBeast is known for his perfectionism and extravagant stunts, always seeking to outdo himself. That has its cost: According to one source, current production costs for his YouTube videos average around $300,000. That’s not even including the expensive giveaways, though these are often sponsored. 

All told, some of his videos take several million dollars to make.

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MrBeast's Philanthropic Activities

One final factor that’s important to take into account when calculating MrBeast’s net worth is that he gives away a huge chunk of his income. He’s considered the pioneer of philanthropic YouTube stunt videos. While his somewhat sensationalist approach has drawn some criticism, his work has an undeniable impact on many people’s lives.

But not all of Donaldson’s philanthropy is televised, so to say. He also donates regularly to charities and NGOs. Some of the projects he’s supported include:

  • giving $3 million to Ukrainian refugees
  • raising over $23 million for #Team Trees with former NASA engineer Mark Rober to plant 20 million trees
  • donating to the Veterans Army Wounded Warrior Program
  • supporting Saint Jude’s Children’s Research Hospital
  • funding cataract surgery for 1,000 blind people
  • donating to a wide range of animal shelters, food banks, and homeless shelters

With Beast Philanthropy, he runs an entire YouTube channel with over 22 million subscribers, dedicated entirely to his activities as a philanthropist. Many of his videos feature him participating in a fundraising challenge or directly giving away cash randomly to people in need.

MrBeast giving homeless people $20,000 as part of one of his videos. 

Finally, MrBeast has also encouraged his supporters to become active themselves and go out to engage in random acts of kindness.

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What’s MrBeast’s Net Worth?

Given his various income streams and outgoing cashflows, estimating MrBeast’s net worth is actually quite tricky. And guesstimate we must, because the content creator himself hasn’t offered up a lot of information.

According to a Forbes analysis, MrBeast was worth around $500 million in 2023. Since MrBeast is slated to become a member of the Forbes Board once a planned sale of a company is completed, we can assume that number to be fairly accurate.

However, other estimates are a little more modest, putting MrBeast’s net worth at just above $106 million or, in another source, at $105 million.

When it comes to his lifestyle, some of it is extravagant, some of it surprisingly unpretentious.

Even though he bought an entire neighborhood just outside of Greenville, North Carolina, he himself lives in a fairly modest $318K house. All his real estate investments in the area amount to over $2 million.

In contrast, Mr. Beast’s car collection is extensive and extravagant. Among other models, he owns:

  • a Tesla Model 3 (from $43,000)
  • a Nissan Armada (from $56,000)
  • a BMW 3 series (from $46,000)
  • a Lamborghini Huracan Spyder (from $275,000) and a
  • a Lamborghini Gallardo (from $130,000)

Though he doesn’t own it, MrBeast has also test-driven a car worth 100 million – a Ferrari 125 S.

However, in late 2022, MrBeast took the initiative. In a bid to go big, he set out to raise $150 million in funding for his businesses, including the studio in which he produces his videos. The valuation for this endeavor? $1.5 billion, according to Fortune and Axios, as Donaldson is offering just a 10% stake.

This deal, if it goes through, would make him the first billionaire YouTuber. Will he get there? We don’t know yet – but he seems to be on the right path.

One thing is for sure, however: MrBeast is an expert in monetizing his awesome popularity. And he is, after all, the single most popular YouTuber, both in subscribers and his large collection of Choice Awards and Streamy awards.

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The Bottom Line

All things considered, MrBeast’s annual earnings are around $82 million. Of that, $3 million a month alone come from YouTube ads.

Given the large sums of money he spends on both video production and philanthropic endeavors, his exact net worth is difficult to estimate. However, it’s likely to lie between $100 million and $500 million.

For the moment, at least.

If Donaldson succeeds in raising the funding he’s aiming for, the creator’s total business valuation will skyrocket to over $1.5 billion.

MrBeast, who dropped out of East Carolina University to pursue a full-time YouTube career, is continuing to push beyond his audience’s wildest expectations.

FAQs

On an annual basis, MrBeast makes around $82 million, according to Forbes. Every month, he makes $3 million from YouTube ads alone. Add merchandise sales, promotions, and revenue from his companies – including MrBeast Burger – and it quickly adds up to a net worth of $500 million.

According to Forbes, MrBeast earned an annual $82 million in 2023. Analysts estimate that he earns a minimum of $3 million a month from YouTube ads alone.

In late 2023, MrBeast has a net worth of about $500 million. His annual income lies at ca. $82 million.

According to a Forbes estimate, it lies at around $500 million in 2023. Other estimates are a little more modest, putting MrBeast’s net worth at just above $106 million or $105 million. 

According to a Forbes estimate, MrBeast is worth around $500 million in 2023. Other estimates are a little more modest, putting MrBeast’s net worth at just above $100 million. 

According to a Forbes estimate, MrBeast is worth around $500 million in late 2023. Other estimates are a little more modest, putting MrBeast’s net worth at just above $100 million.

MrBeast lives in Greenville, North Carolina, where he purchased an entire neighbourhood for over $2 million so that he can stay near his family and his staff. He himself lives in a modest $318K home.

MrBeast drives:

  • a Tesla Model 3 
  • a Nissan Armada 
  • a BMW 3 series 
  • a Lamborghini Huracan Spyder and
  • a Lamborghini Gallardo

According to the latest info, MrBeast has five cars, a Tesla Model 3, a Nissan Armada, a BMW 3 series, a Lamborghini Huracan Spyder and a Lamborghini Gallardo.

The $100 million car that MrBeast drove for one of his videos is a Ferrari 125 S.