MrBeast is one of the world’s most popular tubers.
MrBeast spends millions of dollars on his videos. AOP / Screenshot
Many may have come across MrBeast on social media. This is one of the biggest YouTube stars, whose content can also be found on other social media services today. It’s 24 years old Jimmy Donaldsonwhich organizes sweepstakes on its accounts in which millions of dollars are distributed.
Now, MrBeast is trying to raise $150 million in funding for his company, valuing it at $1.5 billion. Told about it Axios. The estimate is huge, because we are talking about an activity founded by one content producer.
However, the calculation is defended by the whopping 107 million subscribers of MrBeast’s YouTube account. The channel is the fifth most subscribed to on YouTube and MrBeast is the highest earning American bettor. MrBeast also has five other channels with a total of 82 million subscribers, as well as three Spanish-language channels with 33 million subscribers.
Running a YouTube channel is really profitable for MrBeast. Let me tell you about it Techcrunch’s according to YouTube, it is possible for the members of the partner program to earn 55 percent of the advertising revenue. In addition to this, MrBeast’s brand includes, among other things, a burger chain and a snack company.
The income must be high, because so are the expenses. MrBeast has become famous especially for competitions where the prize is huge amounts of money and productions cost millions. Last year’s Real Life Squid Game video cost MrBeast $3.5 million to produce, including $456,000 in prize money.
MrBeast has said that he spends eight million dollars a month to run his business. Forbes has estimated that MrBeast made $54 million last year.