He’s a level 1 billionaire, owning a conglomerate that is estimated in that range. Level 2 is having 1B deployable, Level 3 is having a billy that’s all yours to fck with.
He is rich, but he isnt liquid. As he reinvest almost everything to make videos, he doesnt have money, but if he stops all of a sudden, and just earns his youtube monetizacion, he can live no doubt
You must be 12 if you believe he reinvested all his money back into the business. 😂 he has 10-15 youtube channels. He showed his lowest and worse one and it stil brought in over 100k a month. He's making easily 10 million+ a month
But they do? Lmfao People just didn't know he spends all the profit like that, which he most likely doesn't. Yall just make scenarios up to feel superior about the dumbest shi😭
@@hM-gx3hq Im not making up anything to feel superior lmao in general people conflate what someone earns or the revenue from their business with how much they make.
@@SeanMcdonagh-s2f maybe. I don't know if he's responsible with finances. So using my best guess off his statement "we throw it all back at the video". That is a hint that he doesn't have billions in his savings. Take Asmon, for example. Asmon stated he spends 1% of his earnings. And then look at Asmons lifestyle. Therefore, Asmon is set for life. If Mr. Beast pulls out if his job as a YT gameshow host, he will be homeless within a year.
@@keanu1727thats well expected he still has over 300m subs and from comments it seems alot of people dont even know that mrbeast also got exposed. He also got dislike bombed and has 2m+ dislikes
@@MDG-mykysOh the majority haven’t found out yet because UA-cam is trying stop the spread of it. You have to search up everything instead of trending hate videos being suggested to you
Lol how do you think billionaires become that rich? In America, you have to participate extensively in the economy. Most do not “hoard money.” The biggest philanthropists in the world are billionaires. Most people are highly ignorant about billionaires because the popular media brainwashing them to despise them, mostly done for political gain and to ironically extract wealth from enraged people who interact more with the news media companies.
“You’re closing in on being a billion dollar company” he did 700m last year… he’s a $10b company based on how companies are valued. He was offered 5bn and turned it down
Big boi that's revenue The profits are minimal or negative And the companies that have negative profit but high values are usually tech companies So I would say more of $3.5 bil using a P/S ratio of 5
Research the terms profit and revenue.. “based on how companies are valued” - What? lol economists and businesses do not generally value companies based purely on revenue. That wouldn’t make sense at all because if you make $5 billion but spend $6 billion, you would have a negative profit margin. Financial market analysts may personally value revenue as an indicator of potential future profits, but when stating a single dollar value of a company, they would not state the revenue. They would likely state the profit, i.e., revenue minus expenses.
His net worth still makes him probably a billionaire or close to it he just doesn't own luxury personal items. He's still filthy rich just doesn't live life of luxury.
My benz has a busted trunk thats taken me a while to fix, we live above our pay grade sometimes n thats cool cuz you deserve sum nice for all that hard work 💯 long as your living life to the fullest
@@TheLastAatroxMainhe could be rich whenever he wants to be, but he isn't. That's what he's saying. Its the ceo of a billion dollar company paying himself $30k a year. He could pay himself more whenever he feels like or needs to, but he doesn't unless he needs to. So while he technically doesn't have much disposable money (he isn't rich) so he might classify as poor, but in reality he isn't.
Being worth $$$ isn’t always the same thing as having $$$. Until you have the cash, what you have is a number. Ask Mark cabin about that, and his former colleagues who though he was stupid for cashing out when he did. I am Not saying get rid of all your assets, not at all, but if you take on too much risk, you can find yourself screwed really fast.
I'm not taking sides until Jimmy publicly speaks out against the accusations. But most of these accusations are marketing strategies, nothing to expose here.
@ManPerson911 so illegal lotteries is marketing strategy? so stating "there's so much obesity in this country" let literally contributing to it is a marketing strategy.....
@ManPerson911 Well let's look shall we. You literally cannot classify something as a lottery unless you have a permit. In which Mrbeast doesn't, and there must be a prize, chance and payment. Which mrbeast all has. Making it illegal lotteries. Dogpack404 is right, might wanna do your own "research" dude.
@Chickenizer Okay then. Let's say you give me 1 dollar. I take another dollar and put it in one of my hands behind my back. I then ask you, which hand do you pick? Correct hand gives you twice your money back. Wrong hand doesn't. This has a prize, chance, and a payment. Now I don't know about you but I wouldn't call the cops on my friend for this "illegal lottery". Now I'd also like to add a note. A lottery is paying for the chance of winning a bigger prize. However you pay for a chocolate bar, which you can consume. The chocolate bar is what you're paying for. However on the side, he hosted a random chance for a prize, to make things funner. For months, FOR THE SAME PRICE he's been selling the chocolate, meaning back then, the "illegal lottery" didn't give an extra price on the chocolate. This means that you're buying the chocolate, and gaining a chance at a prize. But the payment is not made solely towards the "illegal lottery".
This is literally what he wants, he has stated multiple times that making high quality content is he’s number one priority, so he spends as little on himself so that he’s content can become better and better.
@@octodaddy8322 IN this video, like what is illegal talking about how much money you spend wtf. What is it with this random hate Nyx because that one accusation video.
Its Funny how many people in the comments say to teach him to save and invest.LIke Bro he is literally investing everything he makes in his own channel and that's clearly working why should he invest somewhere .
Do you seriously think he doesn't have any other investments? I'm not even talking about the other companies he has. The idea that he doesn't have a variety of investments, totally unaffiliated with himself, is very naive. In fact it would be worse if he didn't, he almost owes it to himself and his employees to do so at this point.
Maybe because he's seen as being precarious for his own self by many people who feel the need to warn and protect him for the future (the youtube experience now it is, later it's not)
So you just don’t believe what he’s saying then? You don’t even have to think one way or the other, he’s literally telling you he spends everything he makes to make more videos. He says needs to spend less for some videos just to get by. It’s kind of concerning if you think about it.
@@banksray9105 if you want to lump everyone into the same jar that’s your prerogative but if you’ve seen Mr Beast (Jimmy) from the beginning, he literally took his first 10k that was given to him (sponsor) and gave it all away to a homeless person. That video COULD have done ZERO views and he would have never seen another dollar again. He has been doing the same thing ever since. Taking everything he has and giving it all away in his videos. Name another UA-camr like Jimmy. If anything, people took his recipe and started trying to mimic him.
Y’all are tripping if you think he hasn’t made millions from feastables, he doesn’t necessarily have to invest much more than cost of products and wages to keep on running the company. UA-cam yea he prob does reinvest but I wouldn’t be surprised at all if he made well over 10 mil at minimum from feastables last year + more from unknown investments, he’s chilling
@RathJ13 that seems logical... Owning multimillion dollar companies doesn't make you rich apparently, learned something new today. Please give those worthless companies to me, I will be just as poor as Jimmy.
Acting like he ain’t rich just because he invests all his money in his businesses. Like sure he doesn’t have the cash on hand to spend, but his business are only generating more and more money as he reinvests in them. He’s rich
The only problem is that it is really unprovable since UA-cam is online and if another pandemic happens we could post videos he has already recorded or gaming until the government allows him to start working again.
He could stop making videos today and with his chocolate, burgers, and royalties from videos he has already posted would still be a billionaire before he died
I don’t think Jimmy is gonna fall of any time soon. He’s an algorithm genius at this point and he knows what the algorithm likes and what it doesn’t like. He’s smart
@@CitsVariants yes, and many people at 26 don't understand that is the MOST important time to already have started saving, because that money has an extra decade to compound grow before anything in their 30's. On top of that, social media is so fickle, he should not be counting on this channel being super popular for 2 more decades, people will start getting bored of it and watch less.
@@CaptainSkeezehis company gives the stuff away so the company also pays the taxes not him personally xd obv he pays himself a salary prolly also own a house etc
Define rich? The average person is either in debt or habe low fundings around his age, he made a post he has millions in crypto when someone tried stealing stuff from his house so if that isnt rich then my life is doomed Secondly he makes millions per videos and shorts from youtube alone then gets like 500-600k from sponsers he claimed im the past Like he flew 30 hrs on a plane to see someone he never met then had to fly 30 hours back you think someone with no money can just do that no they would be struggling with their bills on a daily, he isnt poor or broke by all means he has a lot of money just his defenition of rich isnt the same as a poor persons defenition
Supposedly, whether it was 500, 700 or even a billion, it was the money he managed to circulate, not his net worth. But still, even if he happen to just bagged a measly 1% of that, that's already more than most people make in their lifetime
This is the thing, he has very little liquid wealth, which is money in pocket. What Beast has is investments and companies that make money that need money to work. Dude is going good, but whenever people say about him giving his money away for free (as they say all the rich should) they fail to understand how that would destroy their business that employ so many.
He might be the happiest close to be billionaire Celeb. Good for him, all started with that 2 video and the homeless guy. Now that I think about it, maybe Mr. Beast should find that homeless person and see how they’re doing. (Probably impossible)
Kids. famous rich people always say they not rich because they want you to relate to them because once you don’t you start noticing how out of touch with reality they are
The way you save money on cars is by fixing their issues instead of buying a new car. The problems usually are caused by the manufacturer using poor materials or making faulty parts. When you replace the broken things or fix the electronic codes, you end up making the car batter than it was before. However, it comes down to what car you drive and how you’re driving it. Some cars are just known for having lots of issues, and others are pretty reliable (as long as you don’t drive too crazily).
@@alexmichael2819 well theres no hard evidence and very little evidence of that to begin with, and its shaky. But he does fake all his videos and pretend to live a life without luxury when he really doesn't, plus a lot more including literally scamming his entire audience.
The really rich people are the ones you never see or hear from in public. You just feel their power and influence when a million people starve or a whole town gets laid off.
I think you may not understand how LLC works. His LLC is worth millions and will always have money flowing through it. As a business owner you have to pay yourself as an employee from the LLC. His LLC is Mr beast, he is not MR beast he’s a normal human. He probably pays himself 40-80k per year to live and cover basic expenses so technically he has no money but his LLC will for sure be in 100+ million per year range but that won’t affect his personal taxes as a employee of his own company
@@justinjumariburnerCPA here. Not how LLC work . They are pass thru entities, he is reporting all of that income on his 1040 . If he technically leaves it in the business bank account it’s not any less his money.
@@andrewreese9802 he can report all the income his company makes but doesn’t mean he’s allowed to just openly take it for his own personal needs. Of course he can just take millions if he wants but that doesn’t benefit his company at all so he probably pays himself a wage like most business owners should do
If I understood correctly, he didn't take into account taxes when paying himself. His net worth wouldn't be negative due to owning his business, but his personal worth (excluding business) was negative as he owed money that he didn't have.
He is a Middleman that help Distribute Money from Corporation and Sponsor to an Average people, and left himself just enough money to live a good enough life. which is a very noble goal.
A person dosent need to be rich to enjoy life, when a person has great friends and great support by his people, like mr beast who has great friends who love minors and great support from his team by scamming people, mr beast is really a lucky one
He lies about what he spends, just look at his UA-cam analytics alone not his other businesses he doesn’t put it all into the videos there’s no way unless he pays his friends ridiculous amounts to be in them and calls them business expenses “for the video”
ofc hes lieing he lied as soon as he said he had to go negative for a tax bill. If he had that many business expenses he wouldnt have had much of a tax bill.
Usually rich people never disclose their funds to the public. This is how they stay rich and the IRS won't go after them. He's pretty much telling us he's rich without telling us, but I'm almost 100% sure he invests in stocks, crypto, etc.
Mr. Beast lives paycheck to paycheck but in the millions.
Still lives a much better life than 99% of people.
@@BannedSportshe lives the life he wants which is a boring one to 99% of people
@@BannedSports Money doesn't always = better 99% of the time. Lol.
@@BannedSports better life means happier life not richer life.
Hes what they call 'rich on paper'. Hes technically worth a lot but spends what he makes.
Bro is a living example of “double it and put it in the next video”
IRS: double it or you're gonna have a problem.
Until we get to the last video and the amount he'll keep will be enormous lol
In here he says the outfit is for a challenge called live 100 days in a bunker win something I forgot what
Fr😂
He isn't that's a lie.
MrBeast: not rich
Me: not rich
Therefore: I am MrBeast
Real
Bro cracked the code
@@Raz0rArmyhi person with 2 mil subscribers
Underrated comment 🔥
@@Raz0rArmyyou can’t be talking💀
He’s a level 1 billionaire, owning a conglomerate that is estimated in that range. Level 2 is having 1B deployable, Level 3 is having a billy that’s all yours to fck with.
Very interesting separation.
I got an extra Benjamin 😎
Level 69: Casually placing an extra Billy on black roulette at the casino and not break a sweat.. 😎
My man with $500 in his account is talking like he knows 😢 pure gold
@@briano9397you no better
He is rich, but he isnt liquid. As he reinvest almost everything to make videos, he doesnt have money, but if he stops all of a sudden, and just earns his youtube monetizacion, he can live no doubt
If he stopped on UA-cam he could live of his other businesses or even just sell it all for billions.
You must be 12 if you believe he reinvested all his money back into the business. 😂 he has 10-15 youtube channels. He showed his lowest and worse one and it stil brought in over 100k a month. He's making easily 10 million+ a month
Actually probably closer to 30 mil a month
@@kingohighlight1867 So youre saying that he is lying?
@@telmoliciousyeah he wants to seem like a man of the people
It's amazing how many people don't know the difference between revenue and profit or gross and net.
But they do? Lmfao
People just didn't know he spends all the profit like that, which he most likely doesn't.
Yall just make scenarios up to feel superior about the dumbest shi😭
@@hM-gx3hq Im not making up anything to feel superior lmao in general people conflate what someone earns or the revenue from their business with how much they make.
All oh his viewers are 10 year olds what do you expect
@@Dr.Dankerson Valid point
@@Dr.Dankerson but the haters aren’t 10 year olds and they still don’t get it. Ever been to the part of X where they just hate on whoever they like?
“Yeah I just reinvest all the money back in the videos” - every Mr beast interview
Yeah cus people doesn't understand and ask everytime
@@thereisnospoon1678 Exactly lol people are so dense they comment the same thing about him so he has to keep explaining himself
MrBeast's net worth: whatever he didn't spend on his last video
He’s rich , he just spends it all.
He's rich he just telling ppl he's not
@@SeanMcdonagh-s2f maybe. I don't know if he's responsible with finances. So using my best guess off his statement "we throw it all back at the video". That is a hint that he doesn't have billions in his savings.
Take Asmon, for example. Asmon stated he spends 1% of his earnings. And then look at Asmons lifestyle. Therefore, Asmon is set for life.
If Mr. Beast pulls out if his job as a YT gameshow host, he will be homeless within a year.
“Hopefully my videos don’t stop getting watched”
Fast forward 3 months….
well his most recent video at the peak of this drama still got 77 million views in a day, so 🤷♂️
@@keanu1727thats well expected he still has over 300m subs and from comments it seems alot of people dont even know that mrbeast also got exposed. He also got dislike bombed and has 2m+ dislikes
@get_demolishedx_yt6556 the reason ppl 'don't know' is cuz yt is deleting the comments
@@Hywel246I'd say the majority of viewers has at least heard about it
@@MDG-mykysOh the majority haven’t found out yet because UA-cam is trying stop the spread of it. You have to search up everything instead of trending hate videos being suggested to you
Bros way better than billionaires hoarding the money by being an active participant in the market
that's a low bar to clear morally
Lol how do you think billionaires become that rich? In America, you have to participate extensively in the economy. Most do not “hoard money.” The biggest philanthropists in the world are billionaires.
Most people are highly ignorant about billionaires because the popular media brainwashing them to despise them, mostly done for political gain and to ironically extract wealth from enraged people who interact more with the news media companies.
This did not age well
it aged perfectly u just follow along with other people do and hate on him when his friend should be hated on instead
@@irwys What did his friends do?
@@Γρηγόρης-ν5ρ his friend, Chris Tyson, has been exposed for gr**ming, sending inappr*priate messages to a min*r, and having weird p*do art
@@irwysshouldve watch other videos too, he’s a fraud
@@sweeteste explain
MrBeast: Gives a hundred thousand dollars to someone
IRS: *What about us?*
Dayum, 200 likes in 4 days?
😂😂😂😂
lol. Awesome take. 😂
You're forgetting about the gift taxes
@@samstarlight160gift tax is a lot less than income tax 🤷
He pays for the taxes every time he gives something to someone he’s said it before
“You’re closing in on being a billion dollar company” he did 700m last year… he’s a $10b company based on how companies are valued. He was offered 5bn and turned it down
Big boi that's revenue
The profits are minimal or negative And the companies that have negative profit but high values are usually tech companies
So I would say more of $3.5 bil using a P/S ratio of 5
He was offered 1bn
Research the terms profit and revenue..
“based on how companies are valued” - What? lol economists and businesses do not generally value companies based purely on revenue. That wouldn’t make sense at all because if you make $5 billion but spend $6 billion, you would have a negative profit margin.
Financial market analysts may personally value revenue as an indicator of potential future profits, but when stating a single dollar value of a company, they would not state the revenue. They would likely state the profit, i.e., revenue minus expenses.
The guy is a pathological liar. Lives in a mansion and has a lavish lifestyle but wants to pretend he is still relatable to people
What bro he sleeps in a room in his main studio
But sure you know best
How do you know where he lives? Dogpack was talking about how Mack lives in a big ahh house
His net worth still makes him probably a billionaire or close to it he just doesn't own luxury personal items. He's still filthy rich just doesn't live life of luxury.
Yes ❤
his net worth is not much but he can make a lot if he tried.
He just said he was in the negative net worth wise. He spends all his money on videos so he’s not actually rich net worth wise.
He lives the life of luxury in his $1 vs $high amount of money videos
@@CR-iz1od???
Mr.Beast: I’m not rich
Me driving in an old car, empty fridge, and worrying about every penny that leaves my bank account.
Don’t give up!
There's a difference between not rich, and broke.
@@Error_Invalid1 he rich
My benz has a busted trunk thats taken me a while to fix, we live above our pay grade sometimes n thats cool cuz you deserve sum nice for all that hard work 💯 long as your living life to the fullest
@@TheLastAatroxMainhe could be rich whenever he wants to be, but he isn't. That's what he's saying.
Its the ceo of a billion dollar company paying himself $30k a year. He could pay himself more whenever he feels like or needs to, but he doesn't unless he needs to.
So while he technically doesn't have much disposable money (he isn't rich) so he might classify as poor, but in reality he isn't.
Being worth $$$ isn’t always the same thing as having $$$. Until you have the cash, what you have is a number. Ask Mark cabin about that, and his former colleagues who though he was stupid for cashing out when he did. I am
Not saying get rid of all your assets, not at all, but if you take on too much risk, you can find yourself screwed really fast.
yeah hes playing a very high risk game his brand could easily go to zero while hes fully invested especially as a white male in social media
His brand cannot 'easily' go to zero newton @@colinalia
@@colinaliahow the hell did his race become relevant?
That editing at the end was prophetic 💀
I love this dude.. it’s obvious he spends most of his profit to help others or make another video.. he is not selfish, period..
He lies and manipulates people, he just says shit to seem relatable but he's actually not, he's gonna get exposed this year.
@@Lejshkalnshe did just get exposed. How does he have so much money yet can't even feed his own contestants?
This guy is done.
@@martypopeye8236 maybe.. he didn’t give me a Tesla.. that’s a fact
You are shill
The lies that are coming out of this mans mouth
I'm not taking sides until Jimmy publicly speaks out against the accusations. But most of these accusations are marketing strategies, nothing to expose here.
@ManPerson911 so illegal lotteries is marketing strategy? so stating "there's so much obesity in this country" let literally contributing to it is a marketing strategy.....
@Chickenizer it is not an illegal lottery, if you do your own research and don't meat ride dog pack you'll see that
@ManPerson911 Well let's look shall we. You literally cannot classify something as a lottery unless you have a permit. In which Mrbeast doesn't, and there must be a prize, chance and payment. Which mrbeast all has. Making it illegal lotteries. Dogpack404 is right, might wanna do your own "research" dude.
@Chickenizer Okay then. Let's say you give me 1 dollar. I take another dollar and put it in one of my hands behind my back. I then ask you, which hand do you pick? Correct hand gives you twice your money back. Wrong hand doesn't. This has a prize, chance, and a payment. Now I don't know about you but I wouldn't call the cops on my friend for this "illegal lottery".
Now I'd also like to add a note. A lottery is paying for the chance of winning a bigger prize. However you pay for a chocolate bar, which you can consume. The chocolate bar is what you're paying for. However on the side, he hosted a random chance for a prize, to make things funner. For months, FOR THE SAME PRICE he's been selling the chocolate, meaning back then, the "illegal lottery" didn't give an extra price on the chocolate. This means that you're buying the chocolate, and gaining a chance at a prize. But the payment is not made solely towards the "illegal lottery".
You deserve to have what you want.
depends on whether the “want” here is a “need”, or if you’re generalizing or talking about the man
Yes, he wants to create videos so he is creating them
This is literally what he wants, he has stated multiple times that making high quality content is he’s number one priority, so he spends as little on himself so that he’s content can become better and better.
Thats pretty much why almost every woman is still single because they WANT a high value male
who are you to say who deserves what
holy fuck these comments💀
They throw it all back
💀💀💀
thats what he says and everyone believes
It used to be the case. But he probably now has lot of money saved up.
One thing's certain though, he's one of the most wholesome philanthropists.
@@dowthechick i dont think u get it💀💀
@YT_MysteriousFN no he does
Bro spits nothing but lies and it’s about to al go away
Why you say that he lied that all in THAT video
@Flattithefish because if youre company is losing money, you dont have a tax bill
@@octodaddy8322 IN this video, like what is illegal talking about how much money you spend wtf. What is it with this random hate Nyx because that one accusation video.
Calling him not rich is actually insane.
Its Funny how many people in the comments say to teach him to save and invest.LIke Bro he is literally investing everything he makes in his own channel and that's clearly working why should he invest somewhere .
So that he could have even more money to invest in his channel?
Do you seriously think he doesn't have any other investments? I'm not even talking about the other companies he has. The idea that he doesn't have a variety of investments, totally unaffiliated with himself, is very naive. In fact it would be worse if he didn't, he almost owes it to himself and his employees to do so at this point.
Maybe because he's seen as being precarious for his own self by many people who feel the need to warn and protect him for the future (the youtube experience now it is, later it's not)
Cause his channel is doomed now💀
Income Infinity, I loved this video so much, I had to hit the like button!
Bro trying to not get taxed
He definitely has a good amount of money saved away promise you that and you're a fool if you think otherwise
So you just don’t believe what he’s saying then? You don’t even have to think one way or the other, he’s literally telling you he spends everything he makes to make more videos. He says needs to spend less for some videos just to get by. It’s kind of concerning if you think about it.
@@ICY-HURR your concerned with the wrong things he’s not helping you lol and yes I believe he’s lying that’s how the rich stay rich
There's literally 0 benefits in lying about if you're rich or spend it all don't be dumb @banksray9105
@@banksray9105 if you want to lump everyone into the same jar that’s your prerogative but if you’ve seen Mr Beast (Jimmy) from the beginning, he literally took his first 10k that was given to him (sponsor) and gave it all away to a homeless person. That video COULD have done ZERO views and he would have never seen another dollar again. He has been doing the same thing ever since. Taking everything he has and giving it all away in his videos. Name another UA-camr like Jimmy. If anything, people took his recipe and started trying to mimic him.
@@banksray9105yeah, he helped millions of kids in africa. But sure, he is not using his money for his content.
It's crazy cause i aint never seen any of his videos until all this stuff and the fake humility is just seeping through.
Just like SBF. Be super suspicious of anyone who presents themselves as being extremely altruistic.
I get a new car because my other has problems? Hes full of shit lol
Fr
Y’all he said he buys a new car whenever his car has a problem, he isn’t living like y’all lol
This guy knows how to play the game, act all innocent and people friendly but he's really a mastermind millionaire who knows numbers.
This man needs a good accountant and investment advisors
You really think someone making 700 million in revenue doesn't have an accountant?
Moral of the story, everyone hates taxes.
Y’all are tripping if you think he hasn’t made millions from feastables, he doesn’t necessarily have to invest much more than cost of products and wages to keep on running the company. UA-cam yea he prob does reinvest but I wouldn’t be surprised at all if he made well over 10 mil at minimum from feastables last year + more from unknown investments, he’s chilling
I mean he's definitely not broke, but I would bet he has less than 10mill In his personal bank acc
who is here after the nuclear bunker video?
He can buy a car at will, sounds pretty fucking rich to me.
You clearly didn't listen to the video
He is rich, rich people get backlash that's why he's downplaying his success most billionaires do this, it's funny how nobody understands this concept
don't get me wrong mr beast is rich but having enough money to buy a car on a whim does not make you rich that's just called having savings.
I like his videos, but please let's just agree that MrBeast IS rich as fuck.
His companies are, doesn't mean he is.
@RathJ13 that seems logical... Owning multimillion dollar companies doesn't make you rich apparently, learned something new today. Please give those worthless companies to me, I will be just as poor as Jimmy.
@@rupsjenooitgenoeg804🤨
@@rupsjenooitgenoeg804 he doesn't have liquid money; its more like he's rich in stocks
@@atvstudios. Yeah that's my point, he ain't poor bro
He unlocked cheat codes for the simulation.
At this point I don’t even know if some of these UA-cam comments is a ragebaiter or just pure stupidity
Acting like he ain’t rich just because he invests all his money in his businesses. Like sure he doesn’t have the cash on hand to spend, but his business are only generating more and more money as he reinvests in them. He’s rich
He just means that the estimates you see online are super wrong
We know he's rich
Just on paper
That $100 mil you see he prob only has $300k in his bank
But maybe I'm wrong 🌚
His name alone is worth a billion. Dude is fine
This made me realize that MrBeast’s entire network is very fragile. The moment his views drop could spell trouble.
The only problem is that it is really unprovable since UA-cam is online and if another pandemic happens we could post videos he has already recorded or gaming until the government allows him to start working again.
He has a brand. He could create his own network at this point. Not very fragile.
He could stop making videos today and with his chocolate, burgers, and royalties from videos he has already posted would still be a billionaire before he died
Thats why hes been diversifying his investment away from youtube the last couple of years
He is the biggest UA-camr here. If anyone is gonna go bankrupt for having a diminishing fan base, it is NOT him
mr beast: i had negative.
bro's bill: 999M€ only
Bro is spending all thr monry in order to not pay taxes for it. Smart man. 😂
Did you watch the video lmao he said he had to take out money to cover a tax bill
But he has two jets and a ton of other possessions, so I think it is a little disingenuous to say you’re not rich.
Bro's life is basically a ponzi scheme
"not rich" - > gets offer for a billion dollars for his brand.
“We throw it all back” -MrBeast 2024
He’s filthy rich because if he stopped posting right now he’d generate millions a year for the rest of his life
He loves paycheck to paycheck
@@princemc35 Yes because he choses to. This comment correctly points out that he'd be rich af if he stopped putting out such expensive videos
The difference between "revenue" and "profit". If he's bringing in $700M but spending $699M to do it, then it's not surprising he isn't massively rich
Liar
"Hopefully my videos don't just stop getting watched" THAT'S A DEEP LINE.
😊😊😊
I don’t think Jimmy is gonna fall of any time soon. He’s an algorithm genius at this point and he knows what the algorithm likes and what it doesn’t like. He’s smart
“ Hope my videos just stop getting watched” well you got your wish Jimmy
His public image is destroyed but his target audience doesn’t care so he is getting the same if not more views
Regardless he lives a higher quality lifestyle. He is rich
Disney owns him. That's common knowledge
I hope he at least invests heavily in retirement, or hes setting himself up for a hard future
He definitely did. Just didn't talk about it
Dude is 26
@@CitsVariants yes, and many people at 26 don't understand that is the MOST important time to already have started saving, because that money has an extra decade to compound grow before anything in their 30's. On top of that, social media is so fickle, he should not be counting on this channel being super popular for 2 more decades, people will start getting bored of it and watch less.
Mr beast confirmed: He throws it back 😅
Why would his tax bill be so big if he reinvests so much of it and doesn’t pay himself?? Something doesn’t add up
He's lying, his 10 year old fans wouldn't notice.
He pays the taxes on all the prizes he gives away so the winner doesn't have too.
@@CaptainSkeezehis company gives the stuff away so the company also pays the taxes not him personally xd obv he pays himself a salary prolly also own a house etc
Poor guy really struggles financially, but I appreciate his hard work, dedication, persistence and perseverance.
I think this guy is one of the few genuinely good rich people in the world. More people need to be like him
They exist, there’s a lot of philhantrophist that exist
That's literally the definition of rich why would he have money in his account just to loose it to the inflation or taxes
Define rich? The average person is either in debt or habe low fundings around his age, he made a post he has millions in crypto when someone tried stealing stuff from his house so if that isnt rich then my life is doomed
Secondly he makes millions per videos and shorts from youtube alone then gets like 500-600k from sponsers he claimed im the past
Like he flew 30 hrs on a plane to see someone he never met then had to fly 30 hours back you think someone with no money can just do that no they would be struggling with their bills on a daily, he isnt poor or broke by all means he has a lot of money just his defenition of rich isnt the same as a poor persons defenition
Supposedly, whether it was 500, 700 or even a billion, it was the money he managed to circulate, not his net worth. But still, even if he happen to just bagged a measly 1% of that, that's already more than most people make in their lifetime
Sounds like he needs better financial mentors and accountants since debt is tax free and I'm extremely surprised he's not leveraging that.. 🤯🤯🤯
He plays dumb. It's a lot different behind the scenes
@@seanbrower4701 kinda thought that too after 😂
This is the thing, he has very little liquid wealth, which is money in pocket. What Beast has is investments and companies that make money that need money to work. Dude is going good, but whenever people say about him giving his money away for free (as they say all the rich should) they fail to understand how that would destroy their business that employ so many.
LIAR!!!
He might be the happiest close to be billionaire Celeb.
Good for him, all started with that 2 video and the homeless guy.
Now that I think about it, maybe Mr. Beast should find that homeless person and see how they’re doing. (Probably impossible)
This man is a modern Mozart
sure
@@account17497 I'm serious these two essentially had the same spending habits
MrBeast knows the power of exponential compounding.
When he's ready to retire, he'll be loaded af
Until its leaked that you run scamms 😂😂😂😂😂 jimmy dont make ur self so angel……. U do it for the money like everyone else
He’s flat out lying. He has heaps of money
Kids. famous rich people always say they not rich because they want you to relate to them because once you don’t you start noticing how out of touch with reality they are
Bros a goner🤡🤣❌👎🏽
The way you save money on cars is by fixing their issues instead of buying a new car. The problems usually are caused by the manufacturer using poor materials or making faulty parts. When you replace the broken things or fix the electronic codes, you end up making the car batter than it was before. However, it comes down to what car you drive and how you’re driving it. Some cars are just known for having lots of issues, and others are pretty reliable (as long as you don’t drive too crazily).
I guess at least this way someone can get a reasonable car for cheap every once in a while?
I watch Mr. Beast's videos just because he deserves the views and money
You can see at 0:10
that Emio actually has multiple expressions, what a jovial guy!
Pathological liar he is.
This is what happens when you truly love what you do. He doesn't care about the money. He knows he's taken care of.
I’m not saying he does it to dodge tax but because he is ‘reinvesting’ so much of his profits he is essentially dodging a tonne of tax.
After everything Mr. Beast has done he should be exempted from having to pay taxes
he got exposed for being a pedophile
@@alexmichael2819 well theres no hard evidence and very little evidence of that to begin with, and its shaky. But he does fake all his videos and pretend to live a life without luxury when he really doesn't, plus a lot more including literally scamming his entire audience.
@@alexmichael2819there’s almost no evidence of that
@@Boshiro_Gummibär well there are now.
@@haru2966 I can’t even see my comment to see what I said..
They probably already have one but an emergency fund would be good to have.
Just left out the 10 houses he has 🧐
The really rich people are the ones you never see or hear from in public. You just feel their power and influence when a million people starve or a whole town gets laid off.
None believed this buddy. He said once that his mother now has many houses (obviously with his money) Plus has stocks personal etc
I think you may not understand how LLC works. His LLC is worth millions and will always have money flowing through it. As a business owner you have to pay yourself as an employee from the LLC. His LLC is Mr beast, he is not MR beast he’s a normal human.
He probably pays himself 40-80k per year to live and cover basic expenses so technically he has no money but his LLC will for sure be in 100+ million per year range
but that won’t affect his personal taxes as a employee of his own company
That’s his mom tho. He probably pays everyone else good but he doesn’t pay himself that good
@@justinjumariburnerCPA here. Not how LLC work . They are pass thru entities, he is reporting all of that income on his 1040 . If he technically leaves it in the business bank account it’s not any less his money.
@@andrewreese9802 he can report all the income his company makes but doesn’t mean he’s allowed to just openly take it for his own personal needs. Of course he can just take millions if he wants but that doesn’t benefit his company at all so he probably pays himself a wage like most business owners should do
Holy shit you don’t know how money works
His net worth wasn’t in the negative. He showed a loss on his taxes. All rich people do this from time to time. He’s still loaded.
If I understood correctly, he didn't take into account taxes when paying himself. His net worth wouldn't be negative due to owning his business, but his personal worth (excluding business) was negative as he owed money that he didn't have.
You have to be making money to have to pay taxes. If he reinvested all his money he would have no tax to pay
Yeah…
He said that he had to pay himself some money and then the taxes happened.
“Hopefully my videos don’t stop getting watched” that’ll either be the greatest words ever said or the most cursed words ever said.
Cap
A huge tax bill but you don't pay yourself much money? Yeah... That adds up
LIES. Billionaires love to say they have $0. Helps with taxes and lawsuits
this is a joke right?
He is a Middleman that help Distribute Money from Corporation and Sponsor to an Average people, and left himself just enough money to live a good enough life.
which is a very noble goal.
A person dosent need to be rich to enjoy life, when a person has great friends and great support by his people, like mr beast who has great friends who love minors and great support from his team by scamming people, mr beast is really a lucky one
Well, at the end of the day, he is spending his money to make other people happy rather than make himself happy, that’s the greatest sacrifice
He’s always struck me as a big fraud
“We throw it all back” shows a clip of Mr beast throwing a basketball backwards😂
He lies about what he spends, just look at his UA-cam analytics alone not his other businesses he doesn’t put it all into the videos there’s no way unless he pays his friends ridiculous amounts to be in them and calls them business expenses “for the video”
ofc hes lieing he lied as soon as he said he had to go negative for a tax bill. If he had that many business expenses he wouldnt have had much of a tax bill.
Usually rich people never disclose their funds to the public. This is how they stay rich and the IRS won't go after them. He's pretty much telling us he's rich without telling us, but I'm almost 100% sure he invests in stocks, crypto, etc.