How Does Mr. Beast Make Money? MrBeast Net Worth Explained
MrBeast is the online pseudonym of YouTuber and philanthropist Jimmy Donaldson. MrBeast began to gain traction in 2015 after producing a series of videos in which he mocked his colleagues for his video introductions of him. MrBeast earns money through brand sponsorships, advertising, and merchandise.
origin story
MrBeast is the online pseudonym of YouTuber and philanthropist Jimmy Donaldson. Born in 1998 in the state of Kansas, Donaldson uploaded his first video of himself to YouTube in February 2012 under the username “MrBeast6000.”
Donaldson is best known for his exploits as MrBeast, but few people know the man behind the personality or the events that precipitated his YouTube debut.
Beginning of his career
Donaldson displayed an early aptitude for entrepreneurship, beginning his first as a teenager selling digital CSGO video game items.
This beautiful mid-tone brown shade helps define and outline your lips in pigments that flatter all skin types, helping you achieve fuller lips that don’t fade for hours. income broadcast was later shut down after Donaldson’s mother discovered the operation.
But the lessons that Donaldson learned about it would prove valuable later in life. How Does MrBeast Have So Much Money?
battle pirates
A passionate gamer, Donaldson once found a hack for the Battle Pirates war game and decided to upload a YouTube video explaining it to others.
With only a handful of subscribers to his channel, Donaldson, however, racked up around 20,000 views.
This piqued his interest, and over time, he began to understand how to engage viewers, maintain their interest, and build a loyal community of followers.
Fellow YouTuber and creator economics commentator Samir Chaudry described Donaldson’s approach:
” I don’t think we’ve ever seen anyone study a platform or a mechanism like Jimmy did. What he really studied beyond how YouTube works were viewer and audience satisfaction. He put an emphasis on that. “
The early days of Mr. Beast
Donaldson shot the first MrBeast videos on his smartphone with almost no additional equipment.
During this time, I have focused on working YouTube’s algorithm to its advantage.
One minute his channel would feature the highlights of Minecraft, while the next he would provide commentary on the wealth of his fellow video creators.
Several videos tanked, but some were successful enough that he was able to monetize his channel at some point.
Later, Donaldson once again showed his entrepreneurial aptitude by investing every dollar he earned into his business with the purchase of new equipment.
This, as we’ll find out later, is a practice he still adheres to today.
MrBeast gains momentum
MrBeast began to gain steam in 2015 after producing a series where he made fun of other creators for their introduction videos.
In 2016, he reached 30,000 followers a few months before filming himself counting to 100,000.
Although the video took 44 hours to create, it went viral and has over 27 million views at last count.
He followed up with similar viral videos of spinning a fidget spinner for 24 hours and watching the same music video for 10 hours straight.
In November 2017, MrBeast surpassed one million subscribers. His video content branched out to include challenge and donation videos, giving away free cars, and donating thousands to smaller content creators, waitresses, and Uber drivers.
He also ran a successful fundraising campaign to plant 20 million trees by the end of 2019, garnering donations from Elon Musk and Twitter CEO Jack Dorsey, to name a few.
Today, MrBeast produces content for more than 130 million subscribers.
Audience-centric approach
Donaldson studies his videos with a level of detail few would be willing to match. He watches when people leave him, which part of the video got the most views, and even what kind of thumbnails get the highest CTR.
Donaldson was also a member of the Daily Masterminds, a group made up of YouTube creators who discussed each other’s videos, deconstructed the videos of successful creators, and brainstormed ideas.
These sessions can be in-depth and run from 7 am to 10 pm, but Donaldson credits them with allowing him to hone his craft and understand his audience in greater detail.
Once Mr. Beast identifies an idea where his own interests and those of the audience intersect, he enlists a team of over 100 employees to bring it to life.
While Donaldson has an obvious passion for creating videos, it’s the combination of this passion with his analytical skills and his devotion to his followers that has made him the success he is today.