The SHOCKING Truth About Mr. Beast That No One Talks About!

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this business is Like Cocaine to me I just don't know how to stop according to numerous sources Mr Beast rakes in about four to five million dollars a month from his YouTube channel that's about 48 to 60 million dollars annually however what's more incredulous is that he reportedly spends about 45 million dollars yearly on production costs for his video finally how much a ridiculous setup like this actually costs and I'm a little scared because I've never shown anyone around this studio so it's not all profit now when you also factor in the fact that he's nearly almost always giving money away then you start to wonder how much is Mr Beast really making Forbes ranked him as one of the top 40 richest people across the whole entertainment industry and he's reportedly the highest earning YouTuber in the world with over 138 million subscribers his channel ranks as the fourth most subscribed on the platform and it's the most popular channel that does not belong to a company but all his money doesn't just come from YouTube and he's leveraged his Fame to launch several other successful business such as festivals and Mr Beast Burger this again makes one Wonder exactly how much money does Mr Beast earn and how much are all his businesses valued as well let's dive into his pockets to find out the real Mr Beast income no one knows about exactly how much Mr Beast makes from just YouTube Mr Beast whose real name is Jimmy Donaldson when asked in one of his early videos how he could afford to give away large amounts of money said YouTube just pays better than you think and he was right because his YouTube income doesn't only come from ad revenues like most people assume he also makes a lot from Brand sponsorships as his channel grew Mr Beast started collaborating with big Brands like quid csgo Lotto honey and Tick Tock basically companies are lining up to work with him because they know how powerful his influence and reach are take his famous squid game video for example it was sponsored by a gaming company called brawl Stars which was pretty much unknown before their collaboration but after Mr BEAST's video dropped downloads for the game went up by a whopping 41 in just five days how crazy is that and also imagine how much Brands would pay for such exposure the figures are not very well known but it would be top dollar for sure and as you probably already guessed the other part of Mr BEAST's YouTube Revenue comes from a percentage of the ads he streams on his videos I say percentage because YouTube takes a portion of the revenue generated from ads shown on videos and creators also have to pay taxes on their earnings the ad revenues could vary based on his CPM which is the cost per thousand impressions of his videos but as one of the top creators on the platform his CPM has been estimated to range from eight to ten dollars per thousand views so after factoring in YouTube's percentage and taxes his actual CPM is more likely to be about five dollars per thousand views now each of Mr BEAST's videos averages about 100 million views which translates to about five hundred thousand dollars in earnings from just ads alone Mr Beast also has other YouTube channels such as Beast reacts Mr Beast gaming Mr Beast 2 formerly Mr Beast shorts and the philanthropy Channel Beast philanthropy the channel Mr Beast reacts is where he watches different videos and gives his reactions it currently has over 22 million subscribers and has accumulated rated over 3.4 billion views so far the videos on the channel get an average of 25 million views per video which means he generates an estimated revenue of 125 000 per video from just this other channel alone so by now you should be able to see why the estimated amount he earns from all his channels monthly is about four to five million dollars but that's just one source of Mr BEAST's income let's take a look at another exactly how much Mr Beast makes from selling merch Mr Beast also runs an online store called shop mrbeast.com where you can buy cool stuff like clothes bags hats phone cases and socks according to several sources tons of people visit Mr BEAST's store every month which generates about one to two million dollars in Revenue each year but the best part is that when you buy something all of the profits go to help people who are struggling to put food on the table it's clear that Mr Beast is all about giving back and it's actually impossible to talk about him without mentioning how much he donates to charity the truth is most of the crazy stunts he does on his channel are just Sensational ways to get people's attention and raise even more money for charity it's why apart from the money he gives away in his videos and from his merch earnings he created a separate Channel called Beast philanthropy which donates a hundred percent of its Revenue to different causes he and his team have helped with Hurricane Relief efforts fed thousands of families donated millions of dollars to Aid refugees and planted millions of trees they managed to raise over 33 million dollars to remove waste from oceans and recently paid for a thousand people to receive life-changing surgery now moving on to another way he generates more money Mr Beast Burger capitalizing on his online Fame to make even more dough in December 2020 Mr Beast opened up Mr Beast Burger forget this Mr Beast Burger isn't like your typical fast food chain instead it operates as a ghost kitchen which means they prepare delivery only orders in third-party restaurants and now there are over a thousand locations across the U.S Canada and Europe crazy right it's not just Mr Beast who's jumped on the ghost kitchen Trend though celebrities like Steve Aoki and DJ Khaled are also selling food through ghost kitchens and even though the food might not be amazing people are still willing to pay for it because of the Celebrity Appeal the big news is that in September 2022 Beast Burger opened up its very first brick and mortar store in a mall in New Jersey and it's not just any mall it's the American dream mall that's pretty fitting for a guy who's made a name for himself on the internet now let's talk money Mr beastberger reportedly raked in 70 million dollars in sales in 2021 and was estimated to have surpassed 100 million dollars in its 2022 annual sales if you think that's seriously insane like I do then get ready to be blown away by the next Mr Beast Venture that we're about to delve into as Forbes reports this new Venture festivals is doing even better than Beast burger with an impressive estimated 40 gross margin in comparison to Beast Burgers 30 percent feasibles in 2021 Jim Murray who used to be the president of protein bar maker RX bar teamed up with Mr Beast to launch feastables and now he's the CEO and a co-founder of the company however Mr Beast owns a majority of the company alongside venture capitalist investors who contributed 5 million dollars for his 20 stake the chocolate bars made with organic cocoa and less than six ingredients where a Smash Hit in fact in the first 72 hours after launching the candy in January they sold over 1 million bars and made over 10 million dollars in sales now if you're wondering why feastables was such a huge hit at launch well it wasn't just due to the fact that Mr Beast had a lot of fans he also had a crazy marketing strategy and outdid himself by offering jaw-dropping sweepstakes with an unbelievable array of prizes where talking top of the line Teslas Sea-Doos super 73 electric bikes cutting-edge gaming PCs Turtle Beach gaming bundles Beats by Dre earphones a lifetime supply of chocolate cash and more and for anyone who manages to snag the grand prize the reward was they get to compete in a Mr Beast video for the chance to win a copy of the coveted Mr BEAST's Chocolate Factory and here's the kicker if the winner doesn't even want the factory Mr Beast himself has generously offered to buy it back for a cool half a million dollars how incredible is that but apart from the serious cash coming in from Mr BEAST's Chocolate Company he also has other Ventures and interests that are poised to potentially make him more income other Ventures and interests in June 2020 Mr Beast partnered with Ms CHF to launch a mobile game called finger on the app the last person to take their finger off the screen would win 25 000 with four people winning 20 000 each after 70 plus hours and as with most things he's engaged in the game was such a huge hit that it eventually had to have a sequel called finger on the app too it was launched in March 2021 with the 100 000 grand prize one after 51 hours Mr Beast also recently invested in backbone which produces a controller that makes smartphones look like Nintendo switch controllers and an app for Content creation and in addition he launched juice funds a two million dollar investment fund for Content creators so judging from the success of the games and apps and the fact that most of Mr BEAST's content usually involves people playing some game to win prizes it wouldn't be at all surprising if his next big thing was to launch his own game now before we finally explore exactly how much Mr Beast makes be sure to give this video a like and comment below if you've ever had any crazy business ideas that have made you lots of money what's the real income of Mr Beast however despite the overall appearance of success Mr BEAST's business model is unique and he has thin profit margins because he often has to reinvest most of his earnings back into his content his viewers expect each video to be even more impressive than the last driving the need for constant reinvestment in his content he spends around eight million dollars per month including four million on his main Channel videos three to four million dollars on marketing his chocolate products and burger restaurants and two hundred thousand dollars on his secondary channels like Beast reacts and Mr Beast gaming forbes's latest estimate of his net worth was a cool 500 million dollars and according to the magazine Mr Beast reportedly wants to sell a 10 stake in his studio for 150 million dollars this means the valuation of his business is about to be 1.5 billion dollars and if he's able to get the funding he would be able to expand his video Empire restaurants merchandise and consumer goods even further he reportedly turned down a whopping 1 billion offer for his channel but he straight up said nah and explained that if they were willing to drop 10 to 20 billion dollars then he might have thought about it that was a top G move right there because sure his profit margin might not be crazy high right now but Mr Beast still rakes in some serious cash and has tons of potential for even more plus let's be real having the channel be connected to Mr Beast himself makes it way more valuable since you watched the entire video this next one will blow your mind are you ready
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Channel: Business Monkey
Views: 22,625
Rating: undefined out of 5
Keywords: mr beast, mr beast net worth, mr beast money, mrbeast, mrbeast business, mrbeast drama, mrbeast chris, mrbeast fireworks, mrbeast hotel, mrbeast chris tyson, mrbeast story, mrbeast controversy, mrbeast reacts, mrbeast rap battle, mr beast empire, feastables, mr beast burger, mrbeast burger, mrbeast feastebles, mrbeast first video, mrbeast japanese, business story, business monkey, net worth, wealth, rich, rich youtuber, richest youtuber, youtube money, earn on youtube
Id: rGV1aC3idYg
Channel Id: undefined
Length: 10min 41sec (641 seconds)
Published: Thu Jul 27 2023
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