MrBeast said he spent between 7 and 8 million dollars a month on his businesses.
One of the highest-paid creators on the platform is Jimmy Donaldson, also known as MrBeast.
He said he makes his high-budget videos by using all of the money from the ads on the video sharing site.
MrBeast said he spends between seven and eight million dollars a month on producing content on his channels.
Jimmy Donaldson has 105 million subscribers on his main channel and has become known for posting elaborate high-budget videos, such as recreating the set from "Willy Wonka and the Chocolate Factory" for fans to participate in.
Donaldson was asked on the September 27 episode of "The Iced Coffee Hour" how much he spends on his main channel each month.
Donaldson told Stephan that he spends three to four million dollars a year on his main channel.
Donaldson said he spends between seven and eight million dollars a month on marketing for his business, which includes a line of chocolate products and a burger restaurant.
The accounting team that approves Donaldson's spending plans for each new video manages his spending.
Donaldson said that when he walked in he wanted to give 100 people $100,000.
He's not concerned about his own financial future because he's able to spend so much money on videos because he reinvested income from ad revenue and views on his existing videos
He said that if he really wanted to he could live off of the money that the views made.
According to a 2020 Forbes report, Donaldson is one of the highest-paid creators on the internet. He runs a number of smaller channels for alternative content, including "Beast Philanthropy," which has 58 million subscribers.
He previously said that he reinvested every dollar he made from the video sharing site into new content. He said that youtube pays better than he thought.
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