ALBAWABA - Jimmy Donaldson, best known as MrBeast, recently sparked mixed reactions on social media after revealing that he's "borrowing money" and has "negative money" in his bank account despite his $2.6 billion net worth.
The most subscribed YouTuber, who currently has over 460 million subscribers on the video-sharing platform, told the Wall Street Journal in an interview, "It’s funny talking about my personal finances, because no one ever believes anything I say."
He added, "hey’re like, ‘You’re a billionaire!’ I’m like, ‘That’s net worth.’ I have negative money right now."
MrBeast reveals he has 'negative money' in his bank account
MrBeast said further, "I’m borrowing money. That’s how little money I have. Technically, everyone watching this video has more money than me in their bank account if you subtract the equity value of my company, which doesn’t buy me McDonald’s in the morning."
His wild and easily bingeable videos made him the most-watched and subscribed YouTuber on the platform. The second season of Beast Games also recently returned on Amazon Prime and is expected to have a $15 million prize pool for the competitors.
The popular YouTube told Dexerto that he's even borrowing money from his mother for his upcoming wedding with his 28-year-old fiancé Thea Booysen.
MrBeast drew criticism among fans and netizens for his words, sparking debate and speculation. A social media user wrote on X (formerly Twitter), "i hate when rich people want to act broke like please."
Another added, "I hate when billionaires say this sort of thing. The reason why they "borrow" money is because it is financial advantageous for so many reasons, including taxes. If Mr Beast wants to buy a $25M beach front vacation home, he can do so without having that in cash."