MrBeast explains reason why he has ‘less than a million dollars’ in the bank

MrBeast explains reason why he has ‘less than a million dollars’ in the bank

The YouTuber, whose real name is Jimmy Donaldson, has a net worth of $1 billion at just 26 years old

YouTuber MrBeast recently shed light on why he has “less than a million dollars in the bank,” even after awarding the winner of his Beast Games show an impressive $10 million.

Despite being just 26 years old – cue tears – MrBeast, whose real name is Jimmy Donaldson, reportedly has a net worth of $1 billion, according to Celebrity Net Worth. This equates to earning over $38 million annually since birth.

MrBeast has amassed his wealth through his YouTube channel, where he has become the most-subscribed creator on the platform by hosting videos that often feature enormous prizes, contingent upon participants completing unique challenges.

He has recently expanded into television with his series Beast Games, offering contestants the opportunity to win $5 million, and later increasing the prize to $10 million towards the show’s finale.

Although his generosity suggests he has vast reserves, MrBeast clarified during a recent interview with Steven Bartlett on the Diary of a CEO podcast that his wealth isn’t as liquid as it may seem.

When Bartlett inquired if MrBeast was a “billionaire,” he responded, “On paper, yes.”

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