How Much Money Does MrBeast Make A Year? (2023)
โ€” Updated on 28 September 2023

How Much Money Does MrBeast Make A Year? (2023)

โ€” Updated on 28 September 2023
Garry Lu
WORDS BY
Garry Lu

Forbes has once again confirmed what the majority has suspected about YouTubeโ€™s king of virality, MrBeast (real name: Jimmy Donaldson), with a topline breakdown of his earnings. But how much money does MrBeast make these days?

As previously revealed, the manโ€™s been making serious bank for some time now (US$54 million / AU$75 million back in 2021).

Based on the most recent figures, the 25-year-old content pioneer has taken home an unprecedented US$82 million (AU$128.5 million) in 2023 alone.

RELATED: In His Latest Video, MrBeast Legitimately Gives 1,000 Blind People The Gift Of Vision

For context, thatโ€™s more than double his closest competition in the same space: Rhett & Link, PrestonPlayz (Preston Arsement), and Ryanโ€™s World (Ryan Kaji) โ€” all of whom pocked US$35 million (AU$55 million) apiece.

The rankings are closely followed by vlogger-cum-professional boxer Jake Paul at US$34 million (AU$53.3 million), Markiplier (Mark Edward Fischbach) and FuckJerry (Elliot Tebele) at US$30 million (AU$47 million), followed by Jacksepticeye (Sean McLoughlin) at US$27 million (AU$42.3 million).

โ€œWith more than 300 million followers, MrBeastโ€™s fan base is nearly as large as the US population,โ€ reads Forbesโ€™ outline of the Kansas native.

โ€œMrBeastโ€™s power and popularity stem from his high production videos and stunts that include surviving in Antarctica for 50 hours and building a Wonka chocolate factory.โ€

โ€œThe YouTube titan, whose real name is Jimmy Donaldson, has used his massive clout to earn a fortune in digital ad dollars โ€” and build a real-world empire. Beast-based brands include Feastables snack bars and the MrBeast Burgers restaurant chain, plus Donaldsonโ€™s sprawling merch line.โ€

While US$82 million (AU$128.5 million) is undoubtedly more cold hard cash than most of us will ever touch, back in 2021, a far more compelling question than โ€œHow much money does MrBeast make in a year?โ€ was answered: how much money does MrBeast spend in a year?

During an interview with fellow YouTubers Colin & Samir, he offered the duo a rare behind-the-scenes look into his finances, which indicated the overarching strategy involved re-investing the revenue directly into what we click/see/hear/talk about around the watercooler.

At the time, Donaldsonโ€™s monthly content creation expenditure was in the airspace of US$4 million (AU$6.3 million), bringing his total annual video budget to a jaw-dropping US$48 million (AU$75.2 million).

Nowadays, MrBeast spends between US$7 million and US$8 million (AU$11 and AU$12.5 million) a month making videos across his various channels โ€” meaning the total annual video budget has been revised to US$84 to US$96 million plus (AU$131.7 to AU$150.5 million plus).

โ€œYou go from making money, spending money to making money, losing money,โ€ said Samir Chaudry.

To which Jimmy Donaldson responded: โ€œOn some videosโ€ฆ then other videos I have to make money to make up for it,โ€ before admitting he often finds himself in the red, if not operating on razor-thin margins. Unsurprisingly, this is also the reason why MrBeastโ€™s net worth (likely) wonโ€™t be an awfully large number. Despite the consistent stream of revenue.

How Much Money Does MrBeast Make In A Year Forbes Highest Paid YouTube Stars 2021

How can MrBeast possibly justify spending this much money?

As you will have gathered, whatโ€™s being described is an ecosystem wherein blockbuster-scale effort is rewarded with sustainable returns.

Around the time of his interview with Colin & Samir, the main MrBeast channel alone generated approximately 700 million views in the 28 days prior (i.e. the combined population of the US, Brazil, Russia, and Japan). But what was even more impressive was the channelโ€™s staggering 70% audience retention rate in each upload.

โ€œI only want money so I can make better videos, so I can grow my channelโ€ฆ I donโ€™t care about making money, I donโ€™t care about time, I just want to make the best videos on the planet.โ€

Bloomberg atomised your run-of-the-mill MrBeast video (the โ€œsecret codeโ€ to viral video making) into a potent blend of the three most popular YouTube genres:

  1. โ€œThereโ€™s the outrageous challenge, such as staying inside a block of ice for a day or being the last one to leave a vat of ramen noodles.โ€
  2. โ€œThereโ€™s the celebrity guest appearance: Donaldson often works with other marquee YouTubers, including his favourite, the scientist Mark Rober.โ€
  3. โ€œAnd thereโ€™s the reaction video โ€” MrBeast has a posse of blundering childhood friends who participate in his stunts and generally play the role of hypemen.โ€

RELATED: The $150 Million MrBeast Lawsuit Explained

Throw in a dash of cultural zeitgeist โ€” like the incredibly successful, real-life Squid Game challenge with an equally real US$456,000 cash prize; which has racked up over 504 million views since November 25th, 2021 โ€” and youโ€™ve practically got yourself a personal ATM.

โ€œThe videos take months of prep. A lot of them take four to five days of relentless filming. Thereโ€™s a reason other people donโ€™t do what I do,โ€ added Jimmy Donaldson.

โ€œThe beauty of YouTube is double the effort isnโ€™t double the viewsโ€ฆ itโ€™s like 10X. The first million subscribers you get will take years, but the second will come in a few months.โ€

โ€œOnce you know how to make a video go viral, itโ€™s just about how to get as many out as possible. You can practically make unlimited money.โ€

Check out the Forbes confirmed list of the highest-paid content creators in 2023 below.

The Highest-Paid Content Creators In 2023 (According To Forbes)

NOTE: All $$$ = USD

  1. MrBeast (Jimmy Donaldson): $82 million
  2. Rhett & Link | PrestonPlayz (Preston Arsement) | Ryanโ€™s World (Ryan Kaji): $35 million
  3. Jake Paul: $34 million
  4. Markiplier (Mark Edward Fischbach) | FuckJerry (Elliot Tebele): $30 million
  5. Jacksepticeye (Sean McLoughlin): $27 million
  6. Matt Rife: $25 million
  7. KSI (Olajide Olatunji): $24 million
  8. Charli Dโ€™Amelio: $23 million
  9. Logan Paul: $21 million
  10. Emma Chamberlain | Alex Cooper: $20 million
  11. Brent Rivera: $17.5 million
  12. Khaby Lame: $16.5 million
  13. Amouranth (Kaitlyn Siragusa): $15 million
  14. Huda Kattan | Zach King | Bailey Sarian: $13 million

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Garry Lu
WORDS by
After stretching his legs with companies such as The Motley Fool and the odd marketing agency, Garry joined Boss Hunting in 2019 as a fully-fledged Content Specialist. In 2021, he was promoted to News Editor. Garry proudly retains a blue belt in Brazilian Jiu-Jitsu, black bruises from Muay Thai, as well as a black belt in all things pop culture. Drop him a line at [email protected]

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