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

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YouTuber MrBeast has disclosed that he has less than one million dollars in his bank account.

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in the world.

Bartlett asked Jimmy Donaldson, who is 26 years old, 'Are you a billionaire?'

“On paper, yeah,” he replied. “But in reality, I have less than a million dollars in my actual bank account.”

He pays himself only the amount he needs to cover his monthly expenses.

Donaldson was asked if he pays himself, and he replied: "A little bit, but I have some assistants and things like that, so I try to pay myself what I spend personally each month just to stay even."

He added, "Money is the fuel that drives business growth."

He invested $50 million of his own money into the project, stating that he lost "tens of millions" on it.

We took a huge financial hit on that show, and it ended up costing me a lot of money, personally. We overspent on it big time. I lost tens of millions on that show, and I'd say that was a costly mistake.

He described the project as a "poor financial decision" despite it becoming Prime Video's most-watched unscripted series ever, drawing in 50 million viewers over the course of 25 days.

Asked how much the show cost to make, he said, "I've been advised not to say," adding, "Money isn't everything; building and managing everything is infinitely harder."

I'd have more money if I didn't film it.”

He was asked if he had any regrets about his decision. He replied, "No. For me, it was all about making the first season the best it could be. I couldn't let the YouTube community down. Unfortunately, creators don't have a very good reputation when it comes to streaming."

Donaldson stated that his average monthly viewership across his channels totals 200 million, noting: "About 3% of the total number of humans alive are watching my videos."

He added, "It's much simpler to get 50 million views on a single video than a million views on 50 videos."

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