Billionaire YouTuber MrBeast is borrowing money for his wedding; Find out why
Billionaire
YouTuber Jimmy Donaldson
, known online as
MrBeast
, has revealed that he is borrowing money from his mother to fund his upcoming wedding to fellow content creator
Thea Booysen
. He has an estimated net worth of $1 billion.
Donaldson
explained that he has little personal cash due to heavy reinvestment into his business ventures.
In a post on X on June 1, Donaldson addressed a comment describing him as 'the only billionaire under 30 to have not inherited his wealth.' He clarified, 'I have very little money because I reinvest everything (I think this year we'll spend around a quarter of a billion on content).'
He humorously added, 'Ironically, I'm borrowing $ from my mom to pay for my upcoming wedding lol.' He concluded, 'But sure, on paper the businesses I ... .'
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Donaldson's business endeavors include the popular competition series Beast Games, which awarded its first season winner $10 million, and his ethical snack company, Feastables.
He has also been vocal about the impact of tariffs on production costs, particularly concerning his chocolate brand.
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However, Donaldson has faced legal challenges. In May, the Mexican government ... his video "I Explored 200 ... alleging misuse of archaeological sites for commercial purposes. The government claimed that while Donaldson's team had a filming permit, they did not have authorization for commercial use.
Donaldson's spokesperson denied the allegations, stating that the video aimed to highlight the Mayan sites and that no advertisement material was shot on archaeological sites.
Additionally, in September 2024, five contestants from "Beast Games" filed a lawsuit alleging mistreatment and misconduct during the production.
Donaldson's company responded by acknowledging complications during the shoot, including extreme weather and logistical issues, and stated that they are reviewing the situation and have communicated with the majority of participants to gather feedback.
Despite these controversies, Donaldson and Booysen are planning a private wedding, emphasizing intimacy over extravagance. Donaldson wanted to celebrate with close friends and family, stating, 'This will definitely be more family and ... .' Booysen added that they are considering an island location to ensure privacy.
The couple met in 2022 during Donaldson's visit to Booysen's home country, South Africa, and have been together ever since.
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