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MrBeast: From YouTube Millionaire to Business Empire Builder
Recently, I looked at a set of data, and MrBeast is really outrageous. He earned 54 million dollars from videos in 2021, and Forbes predicts he could reach 110 million dollars in 2022—he's treating YouTube like an ATM.
But what's even more amazing is that this guy doesn't just make videos; he uses YouTube as a springboard to build a commercial empire.
How Video Empire Works
MrBeast is not just a streamer with one channel; he operates 6 channels simultaneously: the main channel with 142 million subscribers, MrBeast Gaming with 32 million, and the reaction channel with 22.5 million… adding up to an astonishing total of fans. All videos are produced in his hometown studio in Greenville, which has now expanded to three main centers with over 50 employees.
The key is that he has turned this place into a hub for content creators - this operation is somewhat like creating a “YouTube Silicon Valley.”
Opening a Restaurant: The Virtual Restaurant Model is Quite Creative
In December 2020, MrBeast Burger opened. On the first day of its opening, the line of cars stretched over 30 kilometers - this popularity is even more exaggerated than that of celebrity restaurants.
But he didn't naively open physical stores all over the U.S.; instead, he created a virtual restaurant model: users order food through an app, and existing partnered restaurants handle the production. This way, he opened over 300 “branches” in the U.S. at a very low cost. In just three months of operation, over 1 million hamburgers were sold—this number says it all.
Snack Business: Over $10 Million in 3 Months
In January 2022, MrBeast Bar chocolate and cookies were launched and made available in supermarkets like Walmart. To create hype, he organized a “golden ticket chocolate” competition with Gordon Ramsay (the Michelin-starred chef known for his harsh criticisms) as the judge, and the winner would receive a Willy Wonka-style chocolate factory.
Business Insider reported that Feastables sold over $10 million worth of snacks in its first few months - this conversion rate is outrageous.
Core Insights
MrBeast once said: “People who want to become billionaires usually don't. Just focus on making your business amazing.”
His gameplay logic is:
Forbes estimates his total wealth at $500 million, and if he sells shares of the content studio, the valuation could rise to $1.5 billion.
This guy has even given a lecture at Harvard Business School—truly a “textbook on self-media entrepreneurship.”