Where Does MrBeast Get His Money To Do His Crazy Giveaways?

If you haven’t heard of MrBeast, You have probably been hiding under a rock on YouTube. Jimmy Donaldson, known on the internet as MrBeast, has been a YouTube sensation and a philanthropist. Ever since his channel became famous thanks to his viral of him counting from 0 to 100,000, Mr. Beast has been unstoppable.

Background…

From giving away full houses, and multiple Lamborghini giveaways to doling out thousands if not millions of dollars in each video he makes… One might wonder how this 24-year-old YouTuber gets his money.

Starting as a YouTuber, MrBeast failed miserably until he cracked the YouTube code. Here are some of the ways he makes his money.

Viral content Monetisation

The most obvious way the viral video maker makes his money is through the YouTube partner program. For showing ads on his videos, MrBeast gets a cut that could rake in thousands of dollars monthly. It all comes down to views, and Mr. Beast has them. The least view count we could find on his channel is a staggering 30 million views on his most recent video.

His main channel has amassed 66 Million subscribers since he started it in February 2012.

Mr. Beast was the YouTuber of the year in 2020. His account has amassed a staggering 11.9B since it was created. His videos have been watched 463M times over the last 30 days!

The sheer number of views he gains tells tales of his income since the main monetization method on youtube relies on the views the channel gets.

Brand Deals and Sponsorships

Mr. Beast may not aggressively promote brands in his videos but he surely does brand deals that bring him millions of dollars.

In a video titled, “How I Gave Away $1,000,000”, the Youtuber revealed how he had received a million dollars as his first check for a brand deal. He eventually gave it all away to homeless people. He said it made him happy to give. He brought the video to end with an encouraging fact about youtube payouts saying “YouTube just pays better than you think.”

This gives us an insight into the income that comes with his brand deals. And that is an insane amount for any YouTuber.

Some of the brands Mr. Beast is known to be working with are Quibb, Honey, and the finance startup, Current.

Supporting YouTube Channels

It might shock you that Mr. Beast runs his main channel at a loss for the long-term return on his investment. He also loves to give, so that makes a good combination. Mr. Beast has one main channel and 5 others featured on his main channel making a whooping 6 channels on YouTube. All of his smaller channels have more than 3 million subscribers, some of them going as high as 20 million.

In addition, the YouTuber runs channels on Twitch and other social media platforms which brings him a more than decent income. His goal is simply to make the world a better place and giving happens to be something he likes.

Merchandise Sales

You would find that a healthy number of big YouTubers monetize their brands through merchandise sales. And Mr. Beast is no exception to the rule of the “Big YouTubers club”

Br Beast sells all sorts of branded merchandise on his website. You can buy slides, shirts, head caps, drinking cups, and even coolers. Some have a few little tricks on them such as changing colors and cool stuff like that. Adding his goofy touch to the products that he sells.

Some of his products cost as much as $60 and as low as $10. With reports that Mr. Beast earns over half a million every single month from the sale of merchandise.

The merch business sure seems to be going on well for Mr. Beast.

Business Ventures

We all know him for crazy YouTube stunts and giving boatloads of cash away for nothing but the fun of it. But he is truly a businessman.

The YouTuber has multiple businesses which border around his interests. As a serial gamer, Mr. Beast partnered to come out with a game called “Finger on the App” in 2020. He also started a burger chain with more than 300 branches all over the country. MrBeast Burger as he calls it is an online restaurant that also sells franchises to restaurants. And the man behind it all is none other than Mr. Beast.

Investments

The list of investments Mr. Beast has engaged in is simply unbelievable, considering that he gives a lot of money out. He is an investor at Backbone, a company that makes a controller that makes smartphones appear more similar to Nintendo Switch controllers and a social media app. Current is a more recent investment for Mr. Beast. Current is a financial technology company serving the needs of Americans who are working to create a better future for themselves.

Among others, the YouTuber also invested in Xcad Network, a cryptocurrency token and marketplace for YouTubers with NFT merchandise for sale, and a company called Creative Juice financial network.

Conclusion

Probably YouTube’s biggest philanthropist, Mr. Beast does it all! Whether it’s giving away a $100,000 diamond, making somebody the proud owner of an $800,000 island, or breaking into a house to leave $50,000, he surely does know how to maintain his likes for giving everything he makes away. And in grand style.

Mr. Beast has been phenomenally successful that we often wonder if it’s all true. Well, it is and he’s out to change the world. Me Beast recently raised more than $20 million to plant trees! As for his net worth, that remains a wild guess. Most sources put him on the multi-million dollar mark which is pretty impressive considering the sheer amount he gives away. Take inspiration, have fun watching his videos, and do not forget to subscribe to our channel for more videos like this. Until our next video, share this one, and make someone happy.