YouTube Star MrBeast Earns Rs 5,700 Crore In A Year But Claims He's Not Rich, Here's Why

Imagine making hundreds of millions of dollars each year and still not considering yourself rich. This is the surprising reality for Jimmy Donaldson, better known as MrBeast. MrBeast is a YouTube star famous for his mind-blowing stunts, huge giveaways, and creative videos. Despite earning a massive $700 million every year, MrBeast says he isn¡¯t wealthy. Why? Because he reinvests every single penny back into his projects. In this article, we¡¯ll explore MrBeast's incredible journey, see how he makes his money, and find out why he chooses to reinvest it all.

Most-subscribed Youtube Channel

Jimmy Donaldson, famously known as MrBeast, recently achieved a significant milestone by supporting fellow YouTuber PewDiePie and surpassing T-Series to become the most-subscribed channel on YouTube. In early 2023, MrBeast promised to help the Swedish YouTuber, and now he has accomplished this goal. He shared the exciting news on social media with a screenshot comparing his subscriber count to T-Series.

"After 6 years we have finally avenged Pewdiepie," MrBeast wrote on X (formerly Twitter) as he announced his milestone achievement. The screenshot he shared showed that his YouTube subscribers are 1,608 more than T-Series¡¯.

Currently, MrBeast has 270 million subscribers followed by T-Series, which has 266 million subscribers.

MrBeast's Massive Income

MrBeast

He is known for his kind heart. He donates a lot of money to charity and helps people in need. He has even planted millions of trees to help the environment. His videos are very popular because they are fun to watch and often make people feel good. There's no denying that MrBeast generates an enormous amount of income. Known by his real name, Jimmy Donaldson, MrBeast pulls in hundreds of millions of dollars annually from his YouTube channel and his Feastables food brand. Despite earning between $600 million and $700 million every year, MrBeast claims he is not rich, as reported in CNBS.

How Rich is MrBeast?

With a whopping 270 million subscribers, MrBeast's videos regularly attract over a 100 million views. Each video generates millions in ad revenue and brand deals. MrBeast told Time Magazine that brands pay between $2.5 million and $3 million for a shout-out in one of his videos.

Reinvesting Every Penny

However, this substantial income doesn't end up in MrBeast's personal bank account. In fact, the 25-year-old YouTuber stated that he doesn't have direct access to his bank accounts. "I don¡¯t have access to any of my bank accounts," he explained. "I have a CFO and everything, but [my mom is] the one who has access to the master bank account."

Instead, MrBeast reinvests all his income back into growing his brand and expanding his audience. "I¡¯ve reinvested everything to the point of¡ªyou could claim¡ªstupidity, just believing that we would succeed," he said. "And it¡¯s worked out."

Extravagant Investments

MrBeast

A significant part of MrBeast's investment goes into his elaborate and costly stunts. For instance, he bought a grocery store and paid a contestant $10,000 each day they managed to live in it. According to Time, a shoot capturing 12,000 hours of footage might result in a video just 15 minutes long.

MrBeast's Lifestyle

While MrBeast insists he isn't rich, he certainly isn't living in poverty. The YouTuber has a personal chef and a trainer. He resides in a 3,000 square-foot home that he bought for $320,000 in 2018, as reported by the New York Post.

Future Financial Rewards

MrBeast plans to continue growing his empire and admits that he might eventually enjoy the financial rewards. "I¡¯m not na?ve; maybe one day," he said about becoming rich. "But right now, whatever we make, we reinvest."

MrBeast's journey is a testament to the power of reinvestment and believing in one's vision. Despite his massive income, he remains focused on growing his brand and creating content that captivates millions. How rich is MrBeast? According to him, it's not about the money in the bank but the impact of his investments. His story continues to inspire many, showing that reinvesting wisely can lead to unparalleled success.