MrBeast’s net worth is estimated to be around $25 million. I will tell you everything there is to know about the YouTuber.
James Steven Donaldson born on 7 May 1998 is a YouTuber and businessman known simply as MrBeast.
It is believed that when he was just 13 years old, he started posting videos on YouTube under his then channel “MrBean6000“.
During his early YouTube vlogging days, he use to do videos on gaming and estimate the net worth of other Vloggers. His career took a great turn when he started crazy stunts including counting to 100,000 in 44 hours which was his breakthrough video.
Some of his crazy but brilliant stunts that got subscribers tripling overnight include reading a dictionary, counting to 300,000, Saying “Logan Paul” 100,000 times, etc. His recent crazy stunt is the $456,000 Squid Game In Real Life. Which he did by completely recreating Netflix’s Squid Game series in real life.
MrBeast’s Net Worth
MrBeast’s net worth is approximately $25 million as estimated by celebritynetworth.com.
He makes approximately $3 million per month from all his various avenues of making money. Donaldson is also the founder of MrBeast Burger which is a delivery-only fast food restaurant in the United States.
He makes money from all these business avenues and a number of YouTube channels that he runs.
His massive following on social media and his unique content creation style make his videos go viral all the time.
Content Creation and Costs
Generally, most of us content creators focus on turning profit all the time. That is to say the lower the cost of the creation process, the higher the profit we will make.
MrBeast probably does not think that way. He invests much money, time, and more resources into his content.
There are instances where he spent over $1 million just to create a single YouTube video for his viewers. But guess what? He always turns a profit on the videos.
Personally, I believe his style of creating videos is well calculated. Considering the amount of money he puts into his videos, he is making it impossible for the competition to catch up to him.
Let’s take a quick cost estimation of one of his recent videos.
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MrBeast Video Cost Estimation
$456,000 Squid Game In Real Life! is his last video before this article so that is what we will be looking at.
Is a contest that began with 456 participants and the last person standing gets to walk away with $456,000 in cash.
During the first phase of the competition, 232 survived. He did not announce any cash price for the 224 that went home.
In the second phase, 90 got eliminated and he announced a cash price of $2,000 for each of them.
He offered to give those who survived but would like to leave $4,000 and 22 people left leaving only 120 participants in the game.
60 participants survived the Tug of war. The other 60 that left, he didn’t announce how much they were given but he announced during the Marble game to give a random subscriber $10,000.
Apart from also giving participants who play “Brawl Stars” $2,000 he also gave the second person $10,000.
During the video, he announced that the video costs over $3.5 million. Per the numbers and looking at the setup, I can equally agree that the video costs over $3.5 million.
All the costs above were not the only thing. He took care and booked a hotel for all the 456 participants in the four days it took to finish shooting the video.
The set, the editing, and all the other supporting characters in the video were all hired. This should tell you how much he spent on this video.
MrBeast’s net worth is approximately $25 million. Makes approximately $3 million per month.
I personally believe that spending many resources on a single video makes it difficult for his competitors to catch up. Most YouTubers are not willing to spend even $1,000 on a single video.
While most people are made to believe that he spends so much on videos because of his sponsors, I do believe he was already spending much before the sponsors came along.
Until one is willing to take the risk of spending over a million dollars on a single YouTube video, his style of vlogging can’t be imitated.