MrBeast Net Worth 2024: How the YouTube Star Built His $500 Million Fortune

MrBeast, also known as Jimmy Donaldson, is a YouTube star, social activist, and entrepreneur who has a net worth of $500 million as of 2024.

He is one of the most popular and highest-paid YouTubers in the world, with over 368 million subscribers across his five channels.

He is also the founder of several successful businesses, such as MrBeast Burger, Feastables, and MrBeast Philanthropy.

In this blog post, we will explore MrBeast net worth in 2024 and how he achieved incredible success, how he makes money from his YouTube videos and other ventures.

MrBeast Net Worth 2024: A Breakdown of His YouTube Empire and Business Ventures

Mrbeast Net Worth 2024

From Small-Town Kid to YouTube Sensation

MrBeast, born James Donaldson, grew up in the small town of Greenville, North Carolina

From a young age, he was obsessed with YouTube, studying the platform’s algorithms in hopes of going viral.

MrBeast began posting videos to YouTube in 2012 when he was just 13 years old. His early content consisted mainly of “Let’s Play videos” and “Commentaries” about other YouTubers.

He started gaining more popularity in 2016 and 2017 by creating attention-grabbing videos like “Counting to 100,000” which took him 40 hours to film.

After dropping out of college to pursue YouTube full-time, MrBeast started collaborating with childhood friends like Chris, Chandler, and Karl to create more ambitious videos.

He became famous for his expensive stunts like trying to spin a fidget spinner for a whole day or watching paint dry for an hour.


MrBeast Rise to Fame

MrBeast became famous after he made videos like Last To Take Hand Off $1,000,000 Keeps It, I Spent 50 Hours Buried Alive, I Spent 50 Hours In Solitary Confinement, and Spending 24 Hours Straight Under Water Challenge.

So, he continued to make videos of himself doing unusual and difficult things.

He also started to give away a lot of money and gifts to his friends, fans, and people who needed them. In 2018, he gave away more than $1 million dollars. 

People liked his videos and subscribed to his channel. By the end of 2018, he had more than 10 million subscribers. 

He also worked with other famous YouTubers like PewDiePie and Mark Rober on big projects like #TeamTrees. This made him even more popular.

He reached 50 million subscribers in 2020. And by 2022, his main YouTube channel had 100 million subscribers. This made him the second individual YouTuber to reach that milestone. 

MrBeast’s main channel now has 236 million subscribers, and he has many other channels that have more than 368 million subscribers together. He has the biggest YouTube empire ever.

No other YouTuber has done stunts and giveaways as big as MrBeast. His creative, expensive, and charitable videos appealed to all kinds of audiences.


Decoding Success: How MrBeast Built His $500 Million Empire

Mrbeast Youtube Channel

MrBeast figured out how to make YouTube videos that get a lot of views and keep people interested. But how does he actually make money?

Here are the main sources of Jimmy Donaldson’s net worth of $500 million,

1. YouTube Ad Revenue

While MrBeast spends a lot on production costs, his videos earn massive views. As a result, he earns millions from Google AdSense advertising revenue.

2. Sponsorships

MrBeast gets most of his net worth from sponsorships. Major sponsors include

  • Quidd – An app for collecting digital goods. Gave over $10k to MrBeast donated to the homeless.
  • Honey – Browser extension for coupons. Biggest contributor to MrBeast’s net worth.
  • Apex Legends – Battle Royale video game. Sponsored $200k for YouTube challenges.
  • Dragon City – Dragon City, a game about collecting and battling dragons, has sponsored several of MrBeast’s videos, including “Giving $100,000 To A Homeless Person” and “$70,000 Extreme Hide And Seek – Challenge.

Other brands also sponsor MrBeast videos and challenges with big payouts. Sponsorships are the main source fueling his massive video budget and net worth.

3. Merchandise

MrBeast sells a variety of merchandise including shirts, hats, and other apparel through his online store. Fans love to represent the MrBeast brand.

4. MrBeast Burger

In 2020, MrBeast launched a successful virtual restaurant chain called MrBeast Burger that sells burgers and other fast food items. It quickly became a multi-million dollar business.

5. Feastables

MrBeast also founded Feastables, a company that sells chocolate bars and other snacks.


Philanthropy and Controversies

Mrbeast Philanthropy

A major part of MrBeast’s appeal is his philanthropy. He’s given away millions to charitable causes and individual people in need.

In 2019, MrBeast launched the #TeamTrees campaign with Mark Rober. Together they raised over $20 million to help plant 20 million trees around the world. In 2021, MrBeast and Rober partnered again for TeamSeas and raised $30 million to help clean the oceans.

But MrBeast’s success hasn’t come without some controversies. He has faced accusations of staging overly extravagant giveaways just for views. 

And some former employees have complained about a difficult work environment within his growing company.

Despite facing controversies, MrBeast has overcome them by openly addressing criticisms, striving for improvement, and staying dedicated to providing entertaining content for his audience. Through these efforts, he has managed to regain trust and sustain his success in the digital realm.

Read Also: Net worth of Rihanna


MrBeast’s Awards and Nominations

Mrbeast Awards
  • 2019: Won Breakout Creator at the 9th Streamy Awards
  • 2020: Won YouTuber of the Year at the 12th Annual Shorty Awards; Won Creator of the Year, Live Special, Social Good: Creator, and Social Good: Nonprofit/NGO at the 10th Streamy Awards
  • 2022: Won Favorite Male Creator at 2022 Kids’ Choice Awards; Won Creator of the Year and Social Good: Creator at 12th Streamy Awards
  • 2023: Won Favorite Male Creator at 2023 Kids’ Choice Awards; Won Creator of the Year and Collaboration at 13th Streamy Awards

World Records

  1. Guinness World Records, 2021: Highest-earning YouTube contributor (current) – MrBeast
  2. Guinness World Records, 2022: Largest vegetarian burger; Most subscribers for an individual male on YouTube – Jimmy Donaldson
  3. Guinness World Records, 2023: First person to reach 1 million followers on Threads – MrBeast

FAQs

Here are a few FAQs about the YouTube sensation MrBeast, including stats and personal information.

How old is MrBeast?

MrBeast (Jimmy Donaldson) is 25 years old as of 2024. He was born on May 7, 1998.

How many subscribers does MrBeast have?

As of 2024, MrBeast has over 236 million subscribers on his main YouTube channel, making him the most subscribed individual YouTuber.

What is MrBeast’s most viewed YouTube video?

His YouTube Shorts video “Would You Fly To Paris For A Baguette?” is his most viewed with over 1 billion views.

Who is MrBeast’s current girlfriend?

MrBeast dated fellow YouTuber Maddy Spidell from 2019-2022. He has been dating streamer Thea Booysen since 2022.


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Final Thoughts about MrBeast Net Worth

At just 25 years old, MrBeast has already accomplished what most YouTubers could only dream of. 

But he remains as ambitious as ever and is constantly brainstorming crazy new video ideas to take his channel even further.

His extreme, high-budget videos represent the future of YouTube. And they’ve rewarded MrBeast with an extremely high net worth that keeps rising every year.

So what do you think of MrBeast and his $500 million fortune? Does he deserve all of his success on YouTube? Let me know your opinions in the comments!


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Anil Agarwal

Anil Agarwal is the guy behind this blog who also owns BloggersPassion.com and HostingMonks.com. He has also been featured/mentioned on Forbes, ProBlogger, NeilPatel.com, Huffingtonpost.com, and SEMrush. MakeBlogging.com is your one-stop destination to start a money-making blog from scratch.

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