Particle.news
Download on the App Store

MrBeast Says He Has 'Negative Money' Despite Majority Stake in Beast Industries

His admission highlights how paper wealth tied to private equity can leave founders with little spendable cash.

Overview

  • Jimmy Donaldson said in a recent Wall Street Journal video interview that he currently has “negative money” and is borrowing funds.
  • Donaldson owns more than half of Beast Industries, which recent reports value at roughly $5 billion to about $7.4 billion depending on the outlet.
  • He has repeatedly said he reinvests almost everything into content and operations, previously noting he borrowed from his mother to help pay for his wedding and once had under $1 million in his bank account.
  • Business Insider reported the company lost tens of millions on the first season of Amazon’s Beast Games and over $100 million in its media division in 2024, prompting cost-cutting.
  • Donaldson is pursuing personal-finance initiatives, including a proposed Beast Financial venture and a plan for money-education videos.