Latest news with #GreenvilleChristianAcademy
Mint
23-05-2025
- Entertainment
- Mint
MrBeast's net worth hits $1 billion, becomes world's youngest billionaire under 30: A look at how he rose to fame
YouTuber MrBeast, 27, whose real name is Jimmy Donaldson, has become the only billionaire under 30 who didn't inherit his wealth. He is also the eighth youngest billionaire across the globe, with an estimated $1 billion ( ₹ 8,350 crore) fortune, Celebrity Net Worth states. MrBeast was born on May 7, 1998, in Greenville, North Carolina and started his YouTube journey at 12 under the username "MrBeast6000". He is a graduate of Greenville Christian Academy and emphasised on content creation full-time after dropping out from a college. His YouTube channels, comprising MrBeast, Beast Reacts, MrBeast Gaming, and MrBeast Philanthropy, together have more than 415 million subscribers. MrBeast's main channel has 270 million subscribers, becoming the most-subscribed YouTube channel worldwide. His early content included video game commentary, reaction videos, and humorous compilations. MrBeast's first gained widespread attention in 2017 with a viral video titled 'Counting to 100,000', which took him 44 hours to accomplish and garnered over 21 million views. Building on that success, he went on to create other viral stunts, such as counting to 200,000, reading the entire dictionary, and taking on unusual challenges like watching a music video on loop for 10 hours. He had specialised in what is now called as 'stunt philanthropy' by 2018. That is creating videos that include attention-grabbing challenges with giving away huge cash giveaways. One early popular video showed him giving $1,000 to strangers. In following videos, the amounts escalated dramatically, eventually reaching hundreds of thousands, and even millions of dollars. In December 2019, he organised a challenge where participants had to keep their hand on a $1 million pile of cash, and the last person to take their hand off won the money. MrBeast is known for putting nearly all of his video earnings back into producing new content. In November 2022, reports surfaced that he was looking for investors in his business, valuing it at $1.5 billion. In 2023, Time magazine included MrBeast in its list of the 100 most influential people in the world. The next year, he claimed the top spot on Forbes' list as the highest-earning YouTube creator of 2024, with an estimated net worth of $1 billion (approximately ₹ 8,350 crore). By early 2024, court documents related to his MrBeast Burgers venture revealed that his business empire brought in $223 million in revenue in 2023 and was projected to reach $700 million in 2024. These figures confirmed that MrBeast officially became a billionaire in June 2024 at the age of 26. Among the 16 billionaires worldwide under the age of 30 at that time, MrBeast stood out as the only one to have built his fortune entirely on his own, without any inherited wealth.
NDTV
22-05-2025
- Entertainment
- NDTV
At 27, YouTuber MrBeast Is The Only Self-Made Billionaire Under 30
YouTuber MrBeast is now officially the only billionaire under 30 who didn't inherit his wealth. At 27, the content creator, whose real name is Jimmy Donaldson, is also the eighth youngest billionaire worldwide, with an estimated $1 billion (Rs 8,350 crore) fortune, according to Celebrity Net Worth. Journey From Scratch Born on May 7, 1998, in Greenville, North Carolina, MrBeast began his YouTube journey at 12 under the username "MrBeast6000". After graduating from Greenville Christian Academy in 2016, he briefly attended college but dropped out to focus on content creation full-time. His early videos featured video game commentary, reaction videos, and funny compilations. In 2017, he first gained major attention with a viral video titled "Counting to 100,000", which took him 44 hours and was viewed over 21 million times. Following that, he created other viral stunts like counting to 200,000, reading the entire dictionary, and bizarre challenges such as watching a music video on repeat for 10 hours. Rise To Fame By 2018, MrBeast had mastered what is now known as "stunt philanthropy". That is creating videos that combine eye-catching challenges with giving away large sums of money. One popular video featured him handing out $1,000 to strangers, while later videos saw him giving away hundreds of thousands, even millions of dollars. In December 2019, he challenged participants to keep their hand on a $1 million cash pile and the last to remove their hand won the money. Business Expansion MrBeast is more than just a YouTuber; he's a savvy entrepreneur. His YouTube channels, including MrBeast, MrBeast Gaming, Beast Reacts, and MrBeast Philanthropy, together have over 415 million subscribers. His main channel alone has 270 million subscribers, making it the most-subscribed YouTube channel in the world. MrBeast is known for reinvesting nearly all his video earnings back into creating new content. In November 2022, reports revealed he was seeking investors for his business, valuing it at $1.5 billion. By early 2024, documents from a court case about his MrBeast Burgers business showed his empire generated $223 million in revenue in 2023 and was on track to hit $700 million in 2024. These financial details helped confirm that MrBeast officially became a billionaire in June 2024 at age 26. Among the 16 billionaires worldwide under 30 at that time, MrBeast is the only one who built his fortune without any inheritance. How MrBeast Makes His Money MrBeast's $1 billion net worth is built on a mix of ad revenue, sponsorships, and merchandise sales. Ad Revenue: Videos often get tens of millions of views, and with an estimated average CPM (cost per thousand views) of $5, MrBeast earns around $1.4 million from ads monthly, as per reports. Sponsorships: He reportedly charges $1 million per month for the main sponsor spot on his primary channel, plus at least another $1 million from sponsors on his other channels. Merchandise: Merchandise is a major income source, accounting for roughly half of his $54 million revenue in 2023 - about $2 million monthly. Combined, these revenue streams brought in about $5.4 million in March alone, averaging roughly $174,000 per day. In 2023, Time magazine named MrBeast one of the 100 most influential people in the world. The following year, he topped Forbes' list as the highest-paid YouTube creator of 2024, with an estimated net worth of $1 billion (around Rs 8,350 crore).
