About a month ago, youtuber known as Jimmy Donaldson Mr.Beast, did an interview and revealed that he spent hundreds of thousands of dollars on his videos. Now, Influencer seeks investment of US$150 million (about R$799 million at current price) to expand its businessit even includes a chain of snack bars.
In 2020, the celebrity created his own fast-food delivery brand, MrBeast Burger, in partnership with the company Virtual Dining Concepts – nearly a million burgers were sold in the first three months alone. Meanwhile, the Feastables brand generated more than $10 million in revenue in its first few months.
According to a report by axiomsDonaldson is seeking a $150 million investment round for his brand. Add will leave The total value of MrBeast’s fortune is $1.5 billion.
MrBeast billionaire
It’s unclear how the new investment will be structured, the report states. “The talent management firm Night Media, which manages MrBeast, has helped launch consumer initiatives under the MrBeast brand. Some of its individual businesses have received separate investments.”
According to Forbes estimates, MrBeast earns around $54 million from YouTube videos. Its main channel has already gained over 100 million subscribers, but there are over 200 million subscribers across 18 different channels, one of which is dubbed in Portuguese.
Source: Tec Mundo
