How does the YouTuber sensation from the United States spend USD 8 million a month and not worry about his financial future?
How does the YouTuber sensation from the United States spend USD 8 million a month and not worry about his financial future?
MrBeast revealed how much money he invests in his productions in which he gives away cars, significant cash prizes, and houses, among other things.
The largest YouTuber in the United States, known as MrBeast, revealed in an interview that he spends between 7 and 8 million dollars per month to assemble, devise and produce the content that he uploads to his different channels on the video platform, and to Promote your other businesses.
Jimmy Donaldson, the real name behind MrBeast, has 105 million subscribers on his main YouTube channel, and gained fame from his spectacular videos in which he invests a high budget to generate huge stages, offer cash giveaways for his subscribers, and more.
Donaldson was born on May 7, 1998, in Wichita, in the State of Kansas in the United States, and at just 24 years old he has already become one of the most influential figures in social networks in the country and the world, Business Insider indicated. How Does MrBeast Have So Much Money?
On one occasion, which clearly reflects the large sums of money he invests in his videos, he recreated the fictional character Willy Wonka’s chocolate factory for his fans to participate in challenges to win $500,000. In another video, for example, he works as an Uber driver and ends up giving the cars to the passengers; he recreated scenes from the popular series “The Squid Game”; he simulated the robbery of a bank so that whoever manages it wins 100 thousand dollars; he traveled to a deserted island to test if he could survive for 24 hours; he sold a house for a dollar; he was buried alive for 50 hours; among many other challenges that, as can be seen, require a very significant investment for its production.
Within this framework, Mr. Beast said in a chapter of the podcast “The Iced Coffee Hour”, how much money he invests every month in producing his spectacular videos, and why he doesn’t worry about his economic future. How Does MrBeast Have So Much Money?
MrBeast responded to the podcast host, Graham Stephan, that he spends about $200,000 a month on his “Beast Reacts” and “MrBeast Gaming” channels, and roughly $3-4 million on his main channel.
In addition to this, YouTuber Donaldson said that in total, across all of his YouTube channels, including marketing a line of chocolate products and a chain of burger restaurants he owns, he spends between $7 million and $8 million per month.
His expenses are managed by a group of accountants with whom he talks and approves his spending plans for each new project. “I walk in and say, I want to give $100,000 to 100 people, and they say, ‘You’re crazy,’” MrBeast recounted on the podcast.
The young YouTuber explained that he can spend so much money on each new video since he reinvests the income generated by advertising and visits to his existing videos, which he continues to monetize. Furthermore, he said he was not worried about his financial future.
“Videos get views even if I don’t upload them, so if I really wanted to, I could live off the money the views generated,” he explained in the interview.
MrBeast is one of the highest-paid YouTubers on all platforms, his income is estimated at 24 million dollars, according to a report made by Forbes in 2020. The young man knew how to diversify so as not to depend solely on his main account, in addition to this -which boasts 105 million subscribers- runs other smaller alternative content channels such as “Beast Reacts”, “MrBeast Gaming” and “Beast Philanthropy” which amass another 58 million cumulative fans.
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Why does Mr. Beast give away all his money? Know his tragic story
The money that Mr. Beast raffles and gives away places him as the content creator who donates and spends the most money in the world.
Jimmy Donaldson or simply ” Mr. Beast ” is ultra-known in the world thanks to his videos on YouTube, in which he gives away hundreds and thousands of dollars. His job as a YouTuber keeps him busy and distracted from all the things that happen around him, but the most important thing is his health.
As they say “health comes first”, but ‘Mr. Beast’ decides to go all out with the personal projects he does for his YouTube channel. Every video he has uploaded is better than the last, from the time he ate the most expensive pizza in the world, to the making of the ‘Squid Games’ in real life, which had an investment of more than 3.5 million of dollars.
Who is Mr Beast?
Known as Mr Beast, but his real name is Jimmy Donaldson, he is one of the most well-known content creators in the world, but also one of the most money invested in his videos. The main branch of his movement is YouTube where he uploads all his craziness, but the most important thing is that he owns two channels where he uploads his videos.
These two channels are both in his native language, English, and another in Spanish. In its main English-speaking channel it has more than 88 million subscribers, while in its Spanish channel, it has a modest sum of just over 14 million. Between both channels, Mr. Beast adds more than 102 million and they are increasing with each passing day.
