All of Donaldson’s various businesses combined bring in at least half a billion dollars, he told Time. And yet, he doesn’t pocket the money.
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00:00 Mr. Beast doesn't have access to any of his bank accounts and his mom controls his finances.
00:04 Even though the YouTuber's multiple businesses bring in 700 million dollars a year, Mr. Beast
00:09 doesn't consider himself to be rich because all the money he makes gets reinvested back into
00:13 making more videos. His social media videos usually top 100 million views and bring in
00:18 several million dollars in ad revenue and brand sponsorships according to Time. But Mr. Beast also
00:23 has several other businesses like his Feastable Chocolate Bars and Mr. Beast Burger Restaurants.
00:28 Feastables bring in 100 million dollars a year according to Mr. Beast but he doesn't pocket
00:33 the money. Instead he told Time that right now whatever we make we reinvest. So far none of his
00:38 companies are profitable and it's unlikely they will turn a profit this year either. And even
00:42 though he is the face of multi-million dollar operations, Mr. Beast doesn't control his finances.
00:47 His mom has worked at his company since 2017 and currently serves as chief compliance officer. And
00:52 while Mr. Beast has a CFO, his mom is the one who has access to the master bank account.