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YouTube Sensation MrBeast Seeking $1.5 Billion Valuation For His Business


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.”

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.

About Antonia Read

Antonia Read is a seasoned author specializing in the world of startups. With a keen interest in entrepreneurship and innovation, she has become a prominent voice in the field. Antonia's insightful writings offer valuable insights into the challenges and successes of startup ventures. Her expertise and dedication to the subject have earned her a reputation as a go-to resource for aspiring entrepreneurs and business enthusiasts alike.