How Does Mr Beast Have So Much Money
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One of the best platforms that give opportunities for people to exhibit their talent, and succeed creatively and monetarily is YouTube.
Mr. Beast has done exactly done that.
He's not only exhibiting talent, he's inspiring a new generation of people to uniquely provide their value to the world with by creating what they want!
It has single-handedly made careers of thousands of people around the world. And it has just taken a few years for those creators and YouTubers to mint money that even movie stars don't make in a year! The days are not far away when YouTubers start getting more attention, because media is changing big time!
His most recent endeavour is the Creator Games 2, where he pinned creators against one another in an intense trivia challenge.
Who Is Mr. Beast?
Mr. Beast aka Jimmy Donaldson lives in Greenville, North Carolina. He now has his own business with some of his childhood friends Chandler, Jake, Karl, Chris, and Garret.
They are well known for their insane stunts, endurance challenges and high budget ideas. They also are awesome at making videos where they give out cars, money, and merchandise to people like Uber drivers, waiters, small-time streamers.
They even launched a campaign called Team Trees to plant 20 million trees by the end of 2019. The campaign received over $18 million in a donation through more than 600 influencers including Elon Musk, Jack Dorsey, Tobias Lutke, and Susan Wojcicki. These types of videos have brought them massive popularity, while supporting a great cause.
His older brother CJ Donaldson too is a YouTuber and operates through the handle MrBro. Mr. Beast is dating Maddy Spidell.
Mr. Beast has collaborated with several gaming companies, essential product manufacturers, and even video streaming apps like Tik Tok. These sponsors have infused millions of dollars helping Mr. Beast to continue with his philanthropic work.
As of October 2020, Mr. Beast has 45 million subscribers and his videos get more than 100 million views every month.
Source: Instagram
When it comes to merchandise sales, Mr. Beast has quite a few items to offer on his website. He sells his logo on shirts, hoodies, crewnecks, and even windbreaker jackets!
The prices on the site are quite modest for a YouTuber's merchandise. They can go anywhere from $25 up to $70, depending on the item you choose. Many YouTubers have to sell their merchandise at lower prices because they do not have a lot of followers, but Mr. Beast's impressive following is the reason why he can raise the prices. Of course, it also depends on the quality itself.
It is estimated that Mr. Beast earns over half a million every month from merch sales alone!
How Much Does Mr. Beast Make Per Video?
As you know, YouTube operates on a CPM basis. Which means per 1000 views, you can expect to make $3-$10.
By estimated calculations, Mr. Beast makes $45,000 per video.
How Much Does Mr. Beast Make Per Day?
From YouTube alone, views earn Mr. Beast $35,000 per day . Factoring in merch and other deals, he probably makes around $50,000-$75,000 per day .
How Much Does Mr. Beast Make Per Month?
It is estimated that Mr. Beast makes $2 million per month from YouTube. I would add another million with his other revenue.
How Much Does Mr. Beast Make Per Year?
Mr. Beast makes around $15-$20 million per year from his videos , but probably another $10 million in income.
What Is Mr. Beast's Net Worth?
As of October 2020, Mr. Beast's net worth is $25 million.
Source: Instagram
Personal Life
He started uploading videos at the age of 13, in the year 2012, using the YouTube handle MrBeast 6000. His initial videos consisted of content made from Let's Play video documenting platform and making estimation of the earnings of other YouTubers.
He also made videos on playing games like Minecraft and Call of Duty. He also offered tips and tricks for other content creators on YouTube and presented commentary on YouTuber dramas. He didn't get much success from these videos as they garnered a minuscule number of views and likes.
He could only start making an impact in the year 2015 through a series of 'worst intros' videos. People started liking his ability to male fun of YouTubers and his subscribers steadily grew. By mid-2016, he had gathered around 30,000 subscribers.
In the same year, he dropped out of college to pursue the dream of becoming a successful YouTuber. When his mother had raised objection to his decision, Jimmy had told her that he would rather be poor than doing anything other than posting videos on YouTube. His mother later left him alone to pursue his dream and started supporting him.
I mean… how could you not now?
Viral Success
Mr. Beast achieved what he wanted in the year 2017. Yes, he went viral at last. It was in the month of January 2017 that Jimmy came up with a crazy idea. He decided to post a video of him counting up to 100,000. He later said that he really wanted to do it since he was a college drop out. It took him 44 hours to finish the stunt, and he amassed thousands of views within a few days. This video not only made him famous, but it also gave him thousands of subscribers.
Once Mr. Beast caught the pulse of the viewers, he repeated his stunt by spinning a fidget spinner for 24 hours. He even watched Jake Paul's music video, 'It's Everyday Bro' for straight ten hours. These videos brought him the much-needed fame and his subscribers base kept growing.
The growing number of viewers and subscribers gave Mr. Beast the inspiration to make more such videos. After the success of counting 100,000, he also uploaded a video of counting 200,000.
He later changed his style a little and started making videos that needed some sort of equipment. He used a hundred megaphones to break a glass and sat to watch paint getting dry. Sounds like fun.
Mr. Beast later changed his style to offer money in competitions and game shows. He organized and shot a video of the Battle Royale competition in March 2019. It was held in Los Angeles and had prize money of $200,000. The competition was sponsored by Apex Legends designer Electronic Arts.
Mr. Beast also shot videos of giving away a large sum of money to non-profit organizations and social causes. He has donated $100,000 worth items to homeless shelters, $32,000 to the war veterans through Veterans Army Wounded Warrior Program, $10,000 to local animal welfare organization of Los Angeles, and $70,000 for research of children's diseases to Jude Children's Research Hospital. All the videos of donation have gone viral and made Mr. Beast an American hero.
He even tried PewDiePie to garner more subscribers when PewDiePie Vs T-series battle broke out. He also is a recent collaborator with Honey that saves money while shopping on online websites.
Though the content and style of Mr. Beast remained largely the same and confined to attention-grabbing videos, the donation campaigns have made him stand out in the herd of popular YouTubers.
Source: Instagram
Why Is Mr. Beast So Popular?
Mr. Beast seems like a generational talent based on his YouTube numbers alone. He is an overall genuine person and that makes everyone love him.
The world of internet is full of surprises to the extent of shock and disbelief. The ways for an individual to display his talent is just unimaginable. If you have the smartness to pull the viewers through your creative skills, you might be able to open the hidden treasures of wealth!
There are several YouTubers who have carved their own niche and have become popular around the world. They are making millions of dollars everywhere just by posting videos on YouTube. Some of these videos are so creative that you just get hooked to them forever. These YouTube stars have their own fan base running into millions.
This not only gives plenty of opportunities for them to show their creativity and talent but also gives the power to influence them in many regards. The business world keeps track of such YouTube influencers and offers money to advertise their products.
Mr. Beast's Second Channel
A lot of YouTubers create more than one YouTube channel for different reasons. The main reason, of course, is to make more money by posting more videos on different channels. Because the second channel might focus on something completely different than the first channel, it creates the opportunity to draw in an entirely new audience!
Another interesting reason is monetization and sponsorships. Let's use David Dobrik as an example. David has two YouTube Channels under his name, David Dobrik and David Dobrik Too. His first channel is filled with crazy vlogs that are not necessarily family-friendly (in other words, they may involve alcohol, drugs, cursing, etc). While his second channel has more G-rated content since that is where he gets most of his sponsorships and ad revenue from.
Similarly, Mr. Beast also has two channels, MrBeast and MrBeast Gaming. The first channel, which has a lot more subscribers, contains mostly funny, creative, and impulsive videos. The second channel, as the name suggests, is used for gaming. His second channel has over 19 million subscribers on YouTube, which is more than most YouTubers get on their only channels in a lifetime!
More About His Content
As mentioned earlier, Mr. Beast is a huge philanthropist. In addition to giving to those in need, Mr. Beast likes to make fun videos of giving people challenges in exchange for cash rewards, a car, or other material prizes.
One interesting video that he made is called 'I Gave My 40,000,000th Subscriber 40 Cars.' You might first assume that this is clickbait, but I assure you that it's not. Mr. Beast drove all the way to this person's house (announced, of course), and took all forty cars with him. He gave the subscriber a task that entailed giving away all 40 cars within the next 24 hours in order to get their dream car!
This video is the perfect combination of being fun and charitable at the same time because those 40 cars were given away to people who do not earn as much money. Again, he managed to make an entertaining challenge all while showing his friendly energy, partaking in humanitarian work, and, most importantly, putting a smile on people's faces!
Mr. Beast's content remains unique since he is always coming up with new challenges that the world has never seen before!
Mr. Beast is considered one of the top success stories of YouTube. He consistently gets millions of views for each video he posts. His revenue has shot up to millions within a span of a few years, and he seems to be unstoppable on YouTube.
We hope this gave you insight on how much Mr. Beast makes and Mr. Beast's Net Worth! Keep in mind these are just estimated figures and only Jimmy himself knows his earnings! (Though he is pretty transparent with his finances).
Find out how much PewDiePie makes here!
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Find out how much David Dobrik makes here!
How Does Mr Beast Have So Much Money
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