Jimmy Donaldson better known as MrBeast is the fifth most subscribed creator on the YouTube platform with over 108 million subscribers and 17 billion views. It’s estimated that Donaldson earns $54 million per year for his content alone.
He is known for daring and potentially dangerous challenges — which also come with large money based prizes. He also does pranks, gaming, and stunts, while filming his philanthropy, by giving away houses and cars to unsuspecting individuals.
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He also has a food delivery business called MrBeast Burger, a physical MrBeast restaurant for his burger chain in New Jersey, and a snack brand called Feastables. Even a Netflix show could be in the works.
Feastables reportedly made over $10 million in revenue in just its first couple of months, while he claimed on Twitter that his burger chain “has shared over $100 million in revenue with restaurants across America.”
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Donaldson now wants to raise $150 million in a funding round for his YouTube channels and various other businesses, according to a report by Axios. This would value the businesses at $1.5 billion.
The company that manages MrBeast, Night Media, has raised $100 million and teamed up with The Chernin Group to form Night Capital, which aims to help creators sell more products to their communities.