MrBeast Net Worth 2024: How Much is the American YouTube Star Worth?

MrBeast net worth is estimated to be around $1 billion as of 2024. James Stephen “Jimmy” Donaldson also known as MrBeast is an American YouTuber, online personality, and entrepreneur born on May 7, 1998. He’s known for his fast-paced exciting videos filled with crazy challenges and huge giveaways. He’s got over 277 million people subscribed to his channel making him the most popular YouTuber out there.

Growing up in Greenville, North Carolina, MrBeast started making videos for YouTube back in 2012 when he was just 13 years old. He used to go by the name MrBeast6000. His early videos were all sorts of stuff from playing games to making videos where he guessed how much money other YouTubers had.

In 2017, he became a sensation when one of his videos where he counted 100000 went viral racking up tons of views in just a few days. Since then his popularity has only skyrocketed with most of his videos getting tens of millions of views. As his channel grew he brought in some of his childhood friends to help run things. Now as of 2023, he’s got a team of over 250 people working with him.

Aside from his main channel, MrBeast also runs a bunch of other YouTube channels like Beast Reacts, MrBeast Gaming, and Beast Philanthropy where he focuses on giving back to the community. He’s also the brains behind MrBeast Burger and Feastables. Plus he’s one of the creators behind Team Trees which raises money for planting trees and Team Seas which helps clean up the ocean. Together these campaigns have raised millions of dollars for their causes.

MrBeast has won some big awards too like the Creator of the Year at the Streamy Awards for four years straight and the Favorite Male Creator at the Nickelodeon Kids’ Choice Awards twice. In 2023, Time magazine even named him one of the most influential people in the world.

What is MrBeast Net Worth in 2024?

MrBeast is an American YouTuber, online personality, and entrepreneur with a net worth of $1 billion as of 2024, according to Celebrity Net Worth. His wealth comes from a variety of businesses, though he usually does not make money directly from his videos. MrBeast has said many times that he puts all the money he earns from his videos back into creating new ones. In November 2022, news came out that he was looking for investors to value his business at $1.5 billion.

In January 2024, MrBeast made a deal with Amazon for $100 million to create a new exclusive streaming series. During a legal case about his MrBeast Burgers, a chart showed that in 2023, his business made $223 million, and it was expected to earn $700 million in 2024. In June 2024, MrBeast officially became a billionaire at 26 years old, making him the eighth youngest billionaire ever. Out of 16 billionaires under 30, he is the only one who did not inherit his wealth.

MrBeast is well-known for his YouTube videos, where he gives away large amounts of money to people or donates to charities. He started the trend of using YouTube stunts for good causes. In 2020, he earned $24 million from his videos, selling merchandise, and brand sponsorships with companies like Microsoft. In 2021, he made $50 million, with most of that coming from YouTube ads and sponsorships. Many of his stunts involve helping others, such as giving money to random people or rescuing animals.

Today, MrBeast’s YouTube empire has over 415 million subscribers across his main channels. His main channel alone has 270 million subscribers, making it the most subscribed YouTube channel in the world.

MrBeast’s Early Life and Education

James Stephen Donaldson was born in Wichita Kansas on May 7, 1998, to Sue Donaldson. He grew up mostly in Greenville North Carolina. Because his parents worked long hours and served in the military he moved around a lot and often had au pairs taking care of him. His parents split up in 2007.

He graduated from Greenville Christian Academy a small private Christian high school in 2016. He briefly went to East Carolina University but ended up leaving. During his time at Greenville, he played baseball as an outfielder.

After leaving college Donaldson and his friends tried to figure out how YouTube’s recommendation system worked and how to make videos that would go viral. He was obsessed with studying how things went viral and the YouTube algorithm for about five years. He spent a lot of time online with other YouTubers studying and discussing strategies. He even ordered food with Uber Eats so he wouldn’t have to leave his computer.

MrBeast’s YouTube Career

Early viral attempts

Jimmy Donaldson, known as “MrBeast,” started his YouTube channel in February 2012 at 13, using the name “MrBeast6000.” His early videos included gameplay from “Minecraft” and “Call of Duty: Black Ops II,” along with videos about YouTuber wealth and tips for new creators. He didn’t appear much in these early videos.

By 2015 and 2016, Donaldson became more popular with his series “Worst Intros on YouTube.” By mid-2016, he had 30,000 subscribers and decided to leave East Carolina University to focus on YouTube full-time. His mother did not agree with this decision and made him move out.

As his channel grew, Donaldson brought in childhood friends—Chris Tyson, Chandler Hallow, Garrett Ronalds, and Jake Franklin. Franklin left in 2020, and Karl Jacobs, who was a cameraman, joined the crew.

Rise to Fame

In January 2017, Donaldson’s video of him counting to 100,000 became a big hit. This 40-hour video helped him gain more fame. He did various stunts like breaking glass with megaphones, watching paint dry, and staying underwater for 24 hours. By 2018, he had given away $1 million through his videos and was called “YouTube’s biggest philanthropist.”

During the PewDiePie vs T-Series battle in 2018, Donaldson helped PewDiePie with billboards and ads. In March 2019, he organized a $200,000 real-life battle royale event in Los Angeles, sponsored by Apex Legends.

In April 2020, he hosted a rock, paper, scissors tournament with a $250,000 prize, which became the most-watched live event on YouTube. Later that year, he hosted a trivia tournament with a $300,000 prize, which led to some controversy.

Mainstream Success

In January 2021, Donaldson released “YouTube Rewind 2020, Thank God It’s Over,” featuring many YouTubers. He signed a content deal with Jellysmack soon after.

In November 2021, he recreated “Squid Game” with a $456,000 prize, which became one of the most-watched YouTube videos of the year. He was named YouTube’s top earner for 2021, making $54 million.

By July 2022, Donaldson surpassed 100 million subscribers. In November 2022, he set a Guinness World Record for “Most Subscribers for an Individual Male on YouTube” with 112 million. On October 15, 2023, he hit 200 million subscribers, and on June 2, 2024, he became the most-subscribed YouTuber with 267 million subscribers. By July 10, 2024, he reached 300 million subscribers and released his 300 million special video, “50 YouTubers Fight for $1,000,000.”

Recent Controversies

On July 24, 2024, Donaldson removed Ava Kris Tyson from his team after allegations of misconduct. Tyson claimed she left voluntarily, but there were conflicting statements from alleged victims. Donaldson condemned the actions and started an investigation.

That same day, a former employee accused Donaldson of rigging contests and poor working conditions. There were also claims about hiring questionable individuals. Donaldson announced plans to improve his team’s management and is working with a law firm to investigate the allegations.

MrBeast’s YouTube Empire

MrBeast mostly made videos like Let’s Plays “best and worst” compilations and gave his thoughts on YouTube. Now he focuses on three main types of videos:

• Stunt Videos: These are where Donaldson or others do cool tricky or risky challenges.
• Junklord Videos: Here Donaldson uses a ton of one thing weirdly or spends a lot on it.
• Giveaway Videos: In these Donaldson gives away big cash or awesome prizes often with a competition.

To get his videos seen by more people Donaldson plays the YouTube game. He works on making titles topics and thumbnails that make folks want to click. He says for a video to go viral it has to be new creative and something folks gotta see. His titles promise wild stunts and use buzzwords like “24-hour” and “challenge.” His thumbnails are clear and colorful to grab attention.

To keep folks watching Donaldson plans his videos to keep you hooked from start to finish. They’re usually 10–20 minutes long. He starts by explaining what’s up in under 30 seconds then promises a big finish to keep you interested.

Donaldson’s money mostly comes from ads on his videos and sponsors. He’s said to drop about $1 million on each video even though they often don’t make him money back. He’s more focused on growing his channel than making cash saying he wants to keep pushing the limits. He also gets cash from sponsorships and other YouTube channels he runs which cost less to make but bring in more cash.

He’s got a big team of over 250 folks working for him including writers editors and producers. Lots of them are friends or family. Some former employees say working for him was tough. They claim he yelled at them and didn’t give them credit for their work. Donaldson denies this saying his standards are high but it’s not a bad place to work.

So while MrBeast’s videos might be all about giving away cash behind the scenes it’s not always smooth sailing.

MrBeast’s Other ventures

Finger on the App

In June 2020, Jimmy Donaldson working with an art group called MSCHF launched a game called Finger on the App. It’s a multiplayer game where players keep their fingers on their phone screens and the last one to take it off wins $25000. Eventually, four winners got $20000 each for holding on for over 70 hours.

The game was super popular so they planned a sequel for December 2020 but had to delay it to February and then March 2021 due to too many people trying to play it at once which caused the game to crash. This time the prize was bumped up to $100000 and the winner lasted about 51 hours with the second-place player getting $20000.

MrBeast Burger

Later in November 2020, a guy named Will Hyde who works with Jimmy Donaldson’s channel spilled the beans that they were creating a virtual restaurant called MrBeast Burger set to open in December 2020. They teamed up with a company called Virtual Dining Concepts to make this happen. MrBeast Burger would sell the rights to serve their burgers to different restaurants across the U.S. and people could order them online.

In August 2022, Jimmy announced that the first MrBeast Burger restaurant in the U.S. would be in New Jersey’s American Dream Mall near New York City. It opened in September 2022. But then by June 17, 2023, Jimmy wanted to shut down MrBeast Burger because he was worried about the food quality. He blamed a company called Virtual Dining Concepts for not caring enough about the food and only wanting to make more restaurants. He even sued them in July 2023 saying they ruined his reputation and didn’t pay him.

Feastables

In January 2022, Jimmy launched a new food company called Feastables starting with chocolate bars called “MrBeast Bars”. They launched with a big giveaway of over $1 million in prizes. In June 2022 they made a video where people could win a chocolate factory or $500000. Famous chef Gordon Ramsay even judged the final part of the competition. Feastables made around $10 million in its first few months.

In March 2023, Jimmy asked fans on Twitter to help make Feastables bars look better in stores and offered a $5000 prize for proof. Some people got mad saying he was using his fans for free work. But in January 2024 Jimmy changed the chocolate bar’s recipe to make it even tastier responding to fans’ feedback.

Investments and partnerships

Jimmy also invested in a tech company called Backbone which makes smartphone controllers and in a financial network called Creative Juice which helps content creators. But he got some heat in April 2021 when fans lost money in a cryptocurrency deal he promoted.

In November 2022, Jimmy teamed up with East Carolina University to create a course about making YouTube videos. He also became a judge on Gordon Ramsay’s Food Stars show in May 2023.

Then in September 2023, Jimmy partnered with Samsung making their phones the official cameras for MrBeast’s vlogs.

In 2023, Jimmy launched a free TV channel called Mr. Beast on Roku showing his old YouTube videos with ads.

The big news came in March 2024 when Jimmy announced he was teaming up with Amazon MGM Studios for a reality show called Beast Games with a $5 million prize the biggest ever on TV or streaming.

MrBeast’s Philanthropy

#TeamTrees

On October 25, 2019, YouTuber MrBeast and ex-NASA engineer Mark Rober started a YouTube challenge called #TeamTrees. They wanted to raise $20 million by January 1, 2020, to plant trees. For every dollar donated, one tree would be planted. Popular YouTubers like Rhett & Link and Ninja helped spread the word. By December 19, 2019, they had already reached their $20 million goal. By June 5, 2024, they had planted over 24.7 million trees, far exceeding their original goal.

#TeamSeas

On October 29, 2021, MrBeast and Rober launched another challenge called #TeamSeas. They aimed to raise $30 million by January 1, 2022, to remove 30 million pounds of trash from the oceans. Many YouTubers joined in to help. By June 5, 2024, they had raised more than $33.7 million, surpassing their goal.

Beast Philanthropy

MrBeast started the Beast Philanthropy channel on September 17, 2020. The channel’s revenue goes to charity. They have given away 10,000 turkeys in Greenville, donated 20,000 shoes to kids in Africa, built 100 wells for clean water, and given $300,000 worth of tech to schools.

MrBeast’s Personal life

MrBeast is someone who prefers his own company. He finds it hard to balance socializing because he loves spending time on YouTube and takes his work very seriously. His mom thinks this might be because they’ve moved around a lot and he also has health issues with Crohn’s disease.

He used to date a YouTuber named Maddy Spidell until 2022. Then he started dating a gamer named Thea Booysen in the same year.

In June 2023, Tom was asked to go on a trip to see the Titanic’s wreck underwater but decided not to go. Luckily, he didn’t because the submarine that was going to take them ended up breaking apart in the ocean and everyone on board died.

Personal views

In an interview in April 2022, Tom said he used to be a devout Christian but now he’s not sure about his beliefs. He thinks it’s wrong for Christians to be against gay people especially since he was taught that when he was young. He’s changed his mind and doesn’t support anti-gay ideas anymore.

There was an article in 2018 that talked about how Tom used to say mean things about gay people online when he was younger. But he’s deleted those tweets now and says he’s grown up and doesn’t talk like that anymore.

When his childhood friend Kris told everyone she was transitioning Tom stood up for her when people were mean about it. He doesn’t think it’s right to be rude to transgender people.

Tom doesn’t talk about politics because he doesn’t want to upset his fans. He once joked on a podcast that maybe in 20 years he might think about being president because he thinks younger people should get a chance to lead the country.