Why does MrBeast give away so much money?

MRBEAST is an American YouTuber, internet personality, businessman, and philanthropist.

The YouTuber is known for giving away large sums of money to his viewers.

Why does MrBeast give away so much money?

MrBeast has given away millions of dollars to various viewers since going viral in 2017.

MrBeast - whose real name is Jimmy Donaldson - is known as "YouTube's biggest philanthropist."

In multiple videos across his channel, MrBeast explains that the money he gives away helps him to continue his career and generate more views on his content.

With each donation, he gets millions of views. These views become a return investment for him, which he is then able to profit from.

In a 2018 video, MrBeast addressed his income, stating, "My parents aren't that rich... every dollar I’ve ever made came from YouTube, and YouTube just pays better than you think."

He once went viral for donating $100K to his mother, who blatantly refused the money at first.

MrBeast then explained for him to receive the views he needs to get paid, and she would need to accept the money.

"If I don’t give it to you, I don’t have a viral video," MrBeast said in the video.

His mother responded with, "So, you’re using me for views?"

MrBeast then explains that yes, there will be more views, but she will still be receiving the money he promised.

What has MrBeast given away?

MrBeast is able to give away large sums of money without affecting his net worth due to brand deals and video views.

He began his donations when he started getting sponsorships from companies, such as Quid.

He started giving money away to whoever he could: the homeless, Twitch streamers, family, friends, and followers.

At one point, he walked around his city handing out $1,000 to multiple homeless people in the area.

In 2020, MrBeast gave away a grand prize of $250K for a rock, paper, scissors streaming competition.

A few months later, he gave $300K to the D'Amelio family - who are viral on TikTok - for winning a competition.