If you use the internet, you definitely are familiar with MrBeast. He is one of the highest-earning YouTubers in the world. Surprisingly, he is also a person who spends extravagantly in order to make videos the platform cannot seem to get enough of.
In totality, MrBeast has eight channels on YouTube with over 120 million subscribers. In the last 28 days, he has had over 700 million views across all his channels. Although the videos target a huge chunk of the demographic on the platform, they aren’t cheap to make.
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MrBeast recently revealed his financials and tells his audience just how much he spends on a monthly basis making videos for his channels.
MrBeast: the astounding amount the Youtuber spends
The millionaire in talks with Colin and Samir in their latest “The Breakdown” episode takes his fans through his entire journey and his rise to fame. He explains how he started making YouTube videos and what he did to support his channel’s growth. Later deep-diving into the structure and working behind all the channels.
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Following his win in the consolation bracket in Chess.com’s PogChamps 4, MrBeast celebrated by purchasing a $10,000,000 warehouse and its surroundings for upcoming videos, or so it seems.
To give you some context, The Breakdown disclosed that MrBeast spends close to $4,000,000 monthly. A whopping $48,000,000 a year “to be the best YouTuber I can”.
When questioned about the lavish spending, the YouTuber explained his love for what he does, taking fans back to day zero when it all started. Initially, Jimmy struggled to make a career on the platform for the first five years; eventually landing sponsorships for his videos in his college years.
According to MrBeast’s mother, he was supposed to go to college or find a place of his own. But the young YouTuber had other ideas. He’d often pretend to go to college but would make videos on campus instead of attending lectures.
Where does the money go?
10 years on, Jimmy “MrBeast” Donaldson now has a whole campus with multiple warehouses dedicated to making videos. The “MrBeast HQ” has various studios, each for a different reason. From building sets to store props to the “Beast Gaming” setups to a building for philanthropy. The philanthropy buildings even had 2 refrigerators for storing food that is given to the needy.
Since his team works on multiple videos at the same time, the studios rarely have much space left to prepare for the next one. This is where the new warehouse comes in. According to Jimmy, the new land is much bigger than what they’ve had previously and will allow his team to work on more than one project in the same area.
Essentially, MrBeast puts each penny he has back into the next videos. He even says, “Making the best videos possible period. I don’t care about money. I don’t care about time. I don’t care about it. I just wanna make the best videos on the planet.”
And clearly, this approach is working wonders for him.
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