There are tens of thousands of YouTubers who sponsor their own programs and try to make it big with unique videos and programs. Sadly, most of them don’t achieve the goals and dreams of the creators, but that is not the case for MrBeast. We recently discovered that the American YouTuber has achieved a net worth of an estimated $6 million, but the big question on everyone’s mind is how did he do it? There are a lot of interested YouTubers who would like to know. Did he make his fortune on YouTube videos or was it accomplished through other channels? We looked into his history and career to find the answers and this is what we discovered.
Net Worth $6 Million Name James "Jimmy" Donaldson Age 21 Born Greenville, North Carolina Birth Date May 7, 1998 Source of Wealth YouTuber, Philanthropist Country United States
What MrBeast is famous for
MrBeast is best known for the video series he created called “Worst Intros.” He’s known by his YouTube channel name MrBeast but his real name is Jimmy. He also created some other channels on YouTube which have become popular including Worst YouTube Channels Ever and more. He compiles some of the worst introductions that he can find on the site and they’re so hilarious that they’ve gone viral and he’s had more than 20 million views on them. He’s also done some other interesting things on YouTube such as taking an Uber ride for more than 2,000 miles, stopping a bullet with 10,000 pieces of paper, giving pizza delivery guys a tip of $10 grand and so forth. His content is interesting and entertaining, but is it enough to make him a millionaire several times over?
How His Youtube Earnings Made Him Rich
We looked into his YouTube earnings and learned that as of 2019, his channel has more than 17 million subscribers and with more than 2.5 billion views and an average of 8.5 million views a day, he rakes in $30 grand a day for a total of $11 million a year. This is what he brings in on his YouTube channel views along but it’s not the only income stream that his channel generates.
MrBeast brings in revenue from Google Preferred
The Google Preferred program allows companies to place targeted adds on sites. The rates for these ads are higher than standard ads. Whenever YouTubers viewing MrBeast’s channel watch the advertisement videos, it generates additional income for MrBeast. The longer they view the video clips, the more money that he earns from the program. This equates to yet more revenue streams that end up bringing in tens of thousands of dollars to his site. It’s a great way to monetize the site but it’s something that is usually only afforded to sites with a high traffic volume like Mr. Beasts.
Some of the companies that are associated with Mr. Beast’s YouTube channel are Tik Tok, CSGO Lotto, Quid and some others. He promotes their products and it nets him even bigger returns. It’s a win-win situation for everyone involved and especially for the young YouTuber who is raking in the profits. For each monetized view, YouTubers are paid somewhere between $2 to $5 for each 1000 views. It takes a lot of views to generate any money at all. The average percentage of monetized views are between 40 adn 60 percent of the total views and the factors that influence whether or not they are monetized include the location of the viewer, the device that they view from, the ad inventory, the number of ads on the video, ad engagement, how many people skip the videos and so forth. The minimum amount that an advertiser has to pay per view is $.01 and they are required to bid for advertising space.
How did Mr. Beast achieve a net wealth of $6 million?
From the information that we’ve gathered about MrBeast (Jimmy) and his YouTube channel, it’s fair to say that he’s earned his fortune solely through his Youtube channel. The additional streams of revenue that he generates from the advertisers just add more to his bottom line. He’s one of the fortunate talents on the site that has been able to take videos of his own creation and make them so interesting that they’ve gone viral. When you’re getting billions of views, it’s only natural that the money will follow.