by - America’s biggest YouTuber MrBeast said he doesn’t “really need money” for personal expenses.
- The YouTuber said he spends most of his money making videos and barely leaves his studio.
- Donaldson has previously stated that he lives in his filming studio in North Carolina.
Jimmy Donaldson, America’s biggest YouTuber, shared his thoughts on money in an interview published on September 27.
Speaking to Graham Stephan, host of the YouTube podcast “The Iced Coffee Hour,” Donaldson said he reinvests the ad revenue from his elaborate videos into producing new content, rather than piling the earnings into a personal bank account.
“I live in the studio right there, so I don’t worry about paying for a mansion. I don’t drive a Lamborghini. I would have a really silly lifestyle on purpose because it gives you freedom,” he said.
Donaldson has previously stated that he lives in his recording studio, which is located in his hometown of Greenville, North Carolina
Donaldson continued, “I like the money because I can hire more people and grow a business, but not to increase my lifestyle or anything,” adding that “in the last 20 days I’ve only left this studio once time, I just live here, I don’t need money for other things.”
The YouTuber said he is able to “withdraw money” from the channel for personal use at any time, for example, if he were invited to a $50,000 buy-in poker game.
“I’ll just take 50 grand and go play on it. So it’s not like I don’t have access to capital if I need it,” he said.
Donaldson told Stefan that he’s driven by “making the best videos possible,” adding that “everything I do comes from that.”
Donaldson is one of the most popular and highest paid creators on YouTube. In July, he reached 100 million subscribers on his main channel and live-streamed his reaction for viewers. He is currently the second most subscribed individual creator on YouTube, behind Pewdiepie.
The YouTuber has gained a reputation among fans for giving large sums of money to viewers. He became famous in 2018 by donating thousands of dollars to small Twitch streamers and YouTubers.
More recently, he’s filmed elaborate contests where fans enter videos for a chance to win big prizes. Last year, he recreated the Netflix show “Squid Game” for a contest with 456 backers, and in June he awarded $500,000 to a fan in a contest inspired by “Willy Wonka & the Chocolate Factory.”
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