James Stephen “MrBeast” Donaldson, chanted by the entire population as just MrBeast, is known for his YouTube channel, which has the fourth-largest subscriber count worldwide.
He also has a large fan following on other social media platforms, the most famous being Instagram, Twitter, and Facebook. Besides his YouTube content, he stays active on other social media accounts. As of 2023, MrBeast’s net worth is around $120 million.
MrBeast started with his YouTube content when he was just a child but was known to be very interactive and engaging. So he began gaining followers at a faster pace. This inspired him to enter various other platforms and was an instant hit. He is a true example of the word social media influencer.
MrBeast’s primary source of income is YouTube, but he also obtains a significant portion from other social media accounts, brand sponsorships, brand deals, and businesses. This article will explain how he can earn such huge numbers.
What is MrBeast’s net worth
As of 2023, MrBeast’s net worth is estimated to be $120 million, with an average monthly income of more than $3 million. He procures these vast numbers from various sources, the most prominent being YouTube, brand deals, sponsorships, and multiple businesses.
How much does MrBeast earn from YouTube?
MrBeast started his YouTube career when he was just 13 years old. It was due to his engaging content his subscriber numbers spiked. He initially started with only one channel MrBeast and later added a few other channels, namely MrBeast Gaming, Beast Reacts, Beast Philanthropy, and MrBeast2.
He has 168 million subscribers on his main channel and 106 million on his other channels. From all his channels on YouTube, he earns a staggering $3 million and $5 million a month.
Other sources of income
MrBeast’s next big income generator is considered to be his line of business ventures. He started with the official MrBeast merchandise and then continued to open his burger line known as MrBeast Burger. He was successful enough to open more than 1000 burger shops and collected a revenue of $100 million. MrBeast recently started his line of chocolate named Feastables.
Other than business lines, he has made brand deals with popular companies like Nissan, Amazon, and many more.
Collections and Expenses
MrBeast engages in major philanthropic activities, which include paying out thousands of cataract surgeries. He created the Beast Philanthropy YouTube channel, the proceeds of which are donated to charities. He also started two collaborative events named Team Trees and Team Seas, the proceeds used for planting trees and cleaning up the oceans, beaches, and rivers.
Most of the money he makes is needed to run his businesses. Still, MrBeast lives in extreme luxury, having four houses in different cities and owning luxury cars like BMW i8 Coupe, Tesla Model S, Lamborghini Huracan Spyder, and probably more.
Major business ventures by MrBeast are highly sought after. Click here to know why MrBeast thinks Festables has emerged as a competitor to Hershey’s.
