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Mr Beast Net Worth 2020

Net Worth: $6 million
Age: 21
Born: 7th May 1998
Country or Origin: United States of America
Source of wealth: Social Media Entrepreneur
Last updated: 2020

Introduction

MrBeast is a famous American Youtube SuperStar and a social media personality. As of December 2019, MrBeast’s YouTube channel has 27 million subscribers with more than 4 billion YouTube video views. 

He began his YouTube journey with his Worst Intros video series. MrBeast was nominated at the 11th Shorty Awards as the vlogger of the year. MrBeast is widely known for donating a lot of money to Twitch Streamers, the homeless and random strangers too. 

MrBeast started the TeamTress initiative in October 2019 and according to the video he made on his YouTube channel, he will be planting 20 million trees.

Early Life

Jimmy Donaldson popularly known as MrBeast was born on May 7, 1998, in Greenville, North Carolina. MrBeast attended Greenville Christian Academy. While in Greenville Christian Academy, MrBeast played both baseball and basketball. To focus more on his YouTube career, MrBeast dropped out of college. 

He is 6ft 3in tall and he is a Taurus. MrBeast has an estimated net worth of $6 million. Some of his videos are sponsored in the likes of Quidd, War Robots, Honey, TikTok, World of Tanks Blitz.

MrBeast also sells online merchandise like t-shirts, hats, hoodies via ShopMrBeast. He resides at Greenville, North Carolina. MrBeast is in a relationship with Maddy Spidell, an Instagram model.

Career

MrBeast launched a YouTube channel in February 2012. In the early days of his channel, his uploads were mostly on popular video games. These games are the likes of Minecraft, Pokemon, Call of Duty and Battle Pirates. Later on, he premieres his “Worst Intros” series. 

In this series, he made fun of intros used by popular YouTube Channels. This strategy worked well that it resulted in thousands of new followers flowing in. One of his most popular video in the “Worst Intros Ever” has been viewed more than 23 million times. 

MrBeast moved his YouTube channel towards more real-life videos after the huge success of “Worst Intros”. His new strategy has no clear formula and some videos take a huge amount of time to complete. In 2018, MrBeast launch ad campaign to support a fellow YouTuber, PewDieDie. He bought TV ads, radio and billboards among others. One of his videos, “I Gave A Homeless Man A Home” got 7+ million views in a day. 

Jimmy aka MrBeast utilises an attention-grabbing donation and charity stunts. In one of his videos, he opened a car dealership where he gave out cars for free. He is also known to have given out thousands of dollars to small streamers on Twitch and YouTube as well. He didn’t end there, MrBeast has extended his charity to waitresses and Uber drivers too.

Highlights

He has been described as “YouTube’s biggest philanthropist,” and frequently vlogs about his extreme acts of charity which include:

  • he has donated money to ”Attractive Twitch Streamers”;
  • he has donated $30,000 to a Fortnite Twitch streamer, known as SpaceLyon;
  • he had donated $30,000 to Ninja (an American YouTuber, eSports Gamer, and Twitch streamer who is mostly known for playing and streaming Fortnite on Twitch) to help the Suicide Prevention Center;
  • he gave $100,000 worth of items to homeless shelters in December 2018;
  • he tipped a waitress $10,000 for serving him two glasses of water;
  • he tipped a pizza deliveryman $10,000;
  • he has donated to a random homeless guy $10,000;
  • he has donated 3 million pennies ($30,000) to his 3 millionth subscriber;
  • he has donated $50,000 to Ninja to help St. Judes Cancer Research Charity.

Favourite Quotes

“One of the reasons I like giving away money is I just like to see how people react.” – Jimmy Donaldson (Mr Beast)

”If you’re not giving away $100,000, people aren’t watching your videos.” – Jimmy Donaldson (Mr Beast)

“I’d rather be poor than doing anything beside YouTube.” – Jimmy Donaldson (Mr Beast)

“If you want the special secret, if you want to know where it all came from — my parents aren’t that rich.” – Jimmy Donaldson (Mr Beast)

”I’m only 20 years old, every dollar I’ve ever made came from YouTube, and YouTube just pays better than you think.” – Jimmy Donaldson (Mr Beast)

“I genuinely enjoy helping people. It’s something I’ve had an issue with, I’m that much of a nice guy.” – Jimmy Donaldson (Mr Beast)

Life Lessons

How does Jimmy do it all? What is the secret to his success, and can we learn something from his success? Of course, we can, here are some life lessons that we can all use.

Start Wherever You Are With Whatever You Have

Jimmy did not have this type of success from the first day he started. He started making YouTube videos at the age of 13, and it took him six years to go viral and grab a lot of attention.

He used to make Let’s play-type of videos, where he recorded himself playing Minecraft a few years ago.

Those were his first videos, which only got around 1,000 views per month back at the time.

Now he usually gets more than 11 million views per video in the first two to three days after they’re published.

He started his channel on February 19, 2012, and got 20 million subscribers on June 18, 2019. This represents seven years, three months and 20 days.

Keep Experimenting Until You Find What Works

His content has changed over the years. From Let’s play-type of videos, he experimented with super-long videos with challenges like saying Keep Net Neutrality for ten hours straight and counting to 200,000.

Some of the rare challenges that he has done to start his virality series were:

  • Spin a fidget spinner for 24 hours straight
  • Say Pewdiepie 100,000 times non-stop
  • Count to 100,000, which took 48 hours
  • Watch paint dry for an hour
  • Read the entire dictionary in one sitting

He explains in a video that after donating $10,000 to a homeless man, he realised he liked helping people, so he continued doing it.

Keep Improving Your Craft

No matter how much success you have reached so far, you must continue learning, investing and improving. Mr Beast is an example of that.

“I used to make a dollar a day, so I didn’t even have a microphone. My mindset was just ‘reinvest everything I make’ — every time I got a paycheck, that was the month’s budget,” he says in an interview with the other popular YouTuber, Casey Neistat.

“So I saved up a dollar a day to buy a microphone. When I made a few thousand, I just spent a few thousand. When I made ten thousand, I just spent ten thousand. As I made more videos, I was like ‘I want to spend it on videos somehow.’”

Help Others As Much As You Can

He has helped many people so far, including his family, friends, and random strangers.

In September 2018, as a 20-year-old, he even managed to give his mother $100,000 and called this the “proudest day of my life”:

Enjoy the Process

Mr Beast also does seem to enjoy the process. At least, in the last few months, we could say, as he switched from doing seemingly weird challenges like Watching Paint Dry to arguably more interesting ones, like Last To Remove Hand, Gets Lamborghini Challenge.

This is also because he gets to work with his friends and does these entertaining challenges with them.

Be Consistent

You may be able to take a few lucky shots here and there, but the real challenge is to keep the consistency. 

If you want to keep getting such a large number of people following your content, you need to put in the work and keep producing.

He has been uploading regularly, putting out multiple videos per month, and getting more than 11 million views in all his videos in a matter of days.

This is pretty impressive. even when you compare him with PewDiePie, who is the second most subscribed YouTube channel, with 99,638,751 subscribers.

The more content he produces, the more likely it is for him to increase his exposure to new people from YouTube recommendations, social media shares, etc.

Summary

From the information gathered about Jimmy and his YouTube Channel, it is fair to say that Jimmy made his money via his YouTube Channel. MrBeast promotes the products of companies like TikTok, Lotto, Quid and others. YouTube pays between $2 to $5 for each 1k views. MrBeast gets about 7 million views per day. 

After doing the maths, MrBeast banks $14k to $20k daily from YouTube ads showing on his videos alone. That is a lot of money for the young creative YouTuber who create content that goes viral.

By December 2018, MrBeast had given out $1 million through his outlandish stunts, earning him the title of “YouTube’s biggest philanthropist.” MrBeast is a product of his viral content: He’s only able to give out these thousands of dollars thanks to six-figure brand deals to fund in-video ads.

The post Mr Beast Net Worth 2020 appeared first on Entrepreneurs Blog.



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Mr Beast Net Worth 2020

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