Who Is MrBeast and How Did He Make His Fortune?

Jimmy Donaldson, generally known as MrBeast, is a billionaire thanks largely to his wildly widespread YouTube movies. His different enterprise ventures embody a meals firm, a web based clothes retailer, and Beast Video games, a sport present on Amazon Prime Video.

Reputation on Social Media

Donaldson has greater than 500 million followers on social media and greater than 320 million subscribers on his fundamental YouTube channel, the place his movies have virtually 9 billion views. He’s recognized for his stunts, comparable to staying in a cave for per week and residing in a bunker for 100 days to win $500,000. He has a web value of $1 billion and makes $50 million month-to-month from YouTube movies and different companies.

Early Days on YouTube

Donaldson began making YouTube movies in 2013 when he was simply 12 years previous. His unique movies primarily confirmed reside play and methods for video video games comparable to Minecraft and Mission Zomboid. Within the subsequent few years, he started creating movies about prime YouTubers on the time, together with how a lot they created from their channels and find out how to get views and subscribers on YouTube movies.

By 2017, Donaldson frequently uploaded the challenges and stunt movies for which he ultimately grew to become well-known. His first large YouTube breakout video confirmed him spending 44 hours counting to 100,000 in 2017. It was considered 21 million occasions. He learn the dictionary in different movies and took Ubers throughout the nation.

In 2018, Donaldson began doing stunt philanthropy along with his YouTube movies. In a single video, he had folks place their arms on a stack of $1 million. The final one to let go received the money. He additionally made a YouTube video the place he gave $1,000 to strangers. In one other YouTube video, he adopted each canine in an animal shelter.

Ventures Past YouTube Movies

Past incomes cash from advert income and sponsorships for his YouTube channels, Donaldson sells garments and different merchandise by way of his on-line procuring website. That is his second largest supply of earnings.

In 2020, Donaldson launched MrBeast Burger with Digital Eating Ideas. In accordance with Donaldson, MrBeast Burger made income of $100 million from December 2020 to July 2022. In 2022, he launched a meals firm, Feastables, that sells chocolate bars and gummy sweet.

His sport present, Beast Video games, which was impressed by the Netflix hit “Squid Sport” a few dystopian sport present, premiered on Dec. 19, 2024, on Amazon Prime Video. In it, 1,000 contestants have been competing for a $5 million prize. Beast Video games had 50 million views in simply 25 days. Regardless of the present’s success with viewers, Donaldson says he misplaced tens of millions doing the sport present.

Donaldson has donated tens of millions to charitable organizations, together with the Saint Jude Kids’s Analysis Hospital. He additionally donates cash to homeless shelters and animal shelters.

MrBeast Enterprise Controversies

In 2023, Donaldson filed a lawsuit towards Digital Eating Ideas for hurt to his model because of the low high quality of the meals supplied by MrBeast Burgers and different high quality management points.

In accordance with the lawsuit, Digital Eating Ideas targeted on enlargement by pitching the identical idea to different celebrities reasonably than managing the standard of MrBeast Burgers. Because of this, the model skilled high quality management points comparable to late orders, unmarked packaging, orders that did not include the right objects, web site troubles, and failure to provide clients refunds. Donaldson is in search of the correct to terminate the MrBeast Burger enterprise.

Additionally in 2023, Digital Eating Ideas filed a countersuit towards Donaldson for $100 million, claiming Donaldson didn’t honor his contract and interfered within the enterprise between Digital Eating Ideas and MrBeast Burger. The lawsuit additionally claimed that Donaldson used his social media fame to encourage followers to hunt different merchandise and to disparage the MrBeast Burger.

There may be additionally controversy surrounding Beast Video games. Opponents complained of unsafe working situations on set, together with an absence of meals, being denied entry to non-public medicines and hygiene merchandise, and accidents brought on by the sport’s bodily challenges. A lawsuit filed in September 2024 accused Donaldson of making unsafe working situations for opponents who have been aiming for the $5 million prize. The lawsuit consists of allegations of sexual harassment and misrepresenting the percentages of profitable to opponents.

The Backside Line

MrBeast, whose actual identify is Jimmy Donaldson, has created a $1 billion empire largely off the large recognition of his YouTube movies. In his movies, he does quite a lot of stunts; in some, he offers cash to charity. By means of his YouTube movies, he earns cash from advert income and sponsorships. Different enterprise ventures embody a quick meals enterprise, a clothes line, and a snack meals firm. His Amazon Prime sport present, Beast Video games, had document viewership, however Donaldson says he misplaced tens of millions on the present.