Jimmy Donaldson, known to the world as MrBeast, recently made it to the headlines after becoming the 8th youngest billionaire in the world. He’s one of the few billionaires who started their career from scratch and achieved the milestone without any generational wealth. A major chunk of his earnings comes from YouTube, however, that’s not his only source of income. The billionaire YouTuber also owns multiple business ventures that he has been operating on the side. These businesses have majorly contributed to his overall earnings and net worth. If you are someone who wants to know more about MrBeast’s lifestyle and his business ventures, the following article is for you.
MrBeast’s Business Ventures That Helped Him Achieve The Billion-Dollar Milestone
MrBeast is not just a name or a YouTube channel anymore. Jimmy Donaldson has successfully established it as a brand in itself. Businesses attached to his name gain immediate popularity among the masses because of his loyal fan base that spreads all across the globe. The following is a detailed list of the top business ventures of MrBeast that made him the billionaire he is today.
MrBeast Burgers
One of the earliest business ventures Jimmy initiated was MrBeast Burgers, which was launched during the pandemic era in 2020. MrBeast launched the business with a video on his YouTube channel, which showed him giving out free burgers at a pop-up drive-thru event. Later, he officially announced MrBeast Burger’s delivery app and reportedly generated over $100 million in the first few years. However, in June 2023, MrBeast announced he’s going to shut down MrBeast Burgers. This was mainly because of the ghost-kitchen model, which made it difficult to ensure the quality of the food.
MrBeast Feastables
Feastables can easily be considered MrBeast’s most popular and successful business ventures till now. The chocolate and snack brand offers various products like milk chocolate, dark chocolate, peanut butter, milk crunch, and more. After the failure of MrBeast Burgers, Jimmy publicly committed himself to ethical sourcing of the cocoa the business uses to manufacture the chocolates. Within the first 72 hours of its launch, the business managed to sell over 1 million chocolate bars and earned $10 million. Projections suggest he’s going to make at least $520 million in sales through Feastables this year.
MrBeastStore
MrBeast has also launched his own clothing line through the online store called MrBeastStore, which has earned significant popularity as well. The brand sells different kinds of products like hoodies, tops, and bottoms. MrBeastStore also sells other kinds of merchandise that feature the iconic blue and white logo of his channel. Jimmy has not yet revealed the amount of sales he has made at MrBeastStore. However, considering his popularity, it is safe to say that millions of his fans have made their purchases from the business.
MrBeast Juice Funds
MrBeast has also co-founded the Juice Funds initiative alongside Creative Juice, which is a significant step towards building an infrastructure for the creator economy. It is specially designed to provide financial services like banking, payments, and capital solutions for creators. MrBeast’s backing of Juice Funds means a lot for the company he’s widely considered the top content creator on YouTube. Jimmy has not only endorsed Juice Funds but has also contributed to the initial funding pool of the company. His involvement with the company invited many more investors to contribute to the initiative. This validates the creator economy as a legitimate and high-growth industry worthy of significant financial investment.
MrBeast Investment And Other Ventures
The billionaire YouTuber has also been involved in a company named XCAD Network, which is basically a decentralised financial market and plug-in for content creators. The platform allows content creators to earn from their creations with single-click NFTs. He has also been involved with several cryptocurrency companies like Coinbase and Refinable. According to the reports, Jimmy Donaldson also holds cryptocurrencies like Bitcoin and a total of 8 Cryptopunks. In one of his interviews, Jimmy revealed he invests most of his earnings back into his videos, which helps him create large-scale YouTube videos with ease.
MrBeast And His Shocking Lifestyle
MrBeast’s lifestyle has definitely left many people shocked, however, it is not for the reason you might think. The following is a brief introduction to MrBeast’s lifestyle for those who are curious about his life.
How Much Money Does MrBeast Have?
MrBeast is often considered one of the wealthiest creators on YouTube, with a net worth estimated at $1 billion. In one of his old interviews with Steven Bartlett, Jimmy revealed he had around $1 million in his bank account. His net worth was estimated at $85 million according to a report from Forbes. However, from a lawsuit that was filed against MrBeast Burgers, it was revealed that his net worth in 2023 was $223 million and was expected to reach $700 million in 2024.
How Much Does MrBeast Make In A Year?
According to an estimate from Celebrity Net Worth, MrBeast’s salary amounts to $50 million per month. If we consider this estimate to calculate his total earnings per year, it will roughly translate to somewhere around $600 million. Jimmy’s interview with Time confirms this estimate, revealing his yearly revenue stands somewhere between $600 to $700 million.
Where Does MrBeast Live And What Is MrBeast’s Age?
Jimmy Donaldson was born on the 7th of May 1998 and is currently 27 years old. This makes him one of the youngest self-made billionaires in the world. Despite his billionaire status, what’s shocking about his lifestyle is that he still lives in a relatively modest home. MrBeast’s house is located in Greenville, North Carolina, and according to the reports, he has purchased multiple houses for his family as well as his employees.
