Mr. Beast Nears Billionaire Status as YouTube’s Top Earner
The Journey of James “Jimmy” Donaldson: From YouTube Novice to Multi-Billionaire
James Donaldson, better known as Mr. Beast, started posting YouTube videos at the age of 12 and currently boasts a staggering net worth of approximately 7 billion dollars. His annual earnings are estimated to be around 683 crore rupees. All of his earnings come through YouTube and social media platforms. Donaldson, a 25-year-old North Carolinian, now resides in a small studio apartment where he also conducts his work. It’s hard to believe that this individual’s home is where millions of dollars of high-profile events are hosted.
Once, Jimmy handed Tom Brady a $300 million super yacht for a YouTube video. According to Donaldson, they have hosted celebrities like Tom Brady, Justin Timberlake, and many others in their apartment. Donaldson began posting videos on YouTube under the name of Mr. Beast at the age of 12. Forbes included him in their list of top creators in 2023. He has won numerous awards throughout his career.
Mr. Beast: Redefining Philanthropy through YouTube
Donaldson, mostly known for his philanthropic endeavors, creates more videos centered around charity work. He consistently uploads impactful videos that involve assigning different tasks to people, with the completion of these tasks resulting in rewards for them. Upon completing these tasks, they are often rewarded with a surprise gift or experience. With over 100 million subscribers, Mr. Beast has undertaken numerous initiatives. For reaching 100 million subscribers, he hosted a competition where the winner received an island. Once, he gifted a car to a waiter. Recently, he purchased an entire grocery store and announced an initiative to give away approximately 83 lakh rupees daily to individuals who spend time there. Currently, Donaldson is preparing to sell a small portion of his studio.
Donaldson on the Verge of Becoming the World’s First Abzoptist YouTuber
According to Forbes, with just a 10% stake, he could earn $1.5 billion (approximately ₹12,500 crore). Consequently, Donaldson is poised to become the world’s first abzoptist (a person with a wealth of 1 abz dollar) YouTuber. His net worth currently hovers around $70 billion. There is no doubt that Beast is raking in substantial earnings, primarily from his YouTube and food brand ventures. With an annual income ranging from $60 to $70 crore, Donaldson claims he is not rich. He generates millions solely through advertisements in each of his videos.
Mr. Beast Leads with the Most Subscribers Post T-Series
Mr. Beast’s name has already joined the ranks of the world’s 100 most influential individuals. Currently, he boasts over 247 million subscribers on YouTube, making him the person with the most subscribers globally. Although the record for the channel with the most subscribers is held by the Indian company T-Series, with 262 million subscribers, Mr. Beast has been actively campaigning to surpass T-Series and has been featured in numerous billboard and radio advertisements to achieve this goal.