23 Year Old MrBeast’s Massive Net Worth Is 5 Times More Than Boxing Legend Mike Tyson

MrBeast is one of the most popular content creators in the community. Furthermore, he became the talk of the town after crossing 90 million subscribers on YouTube. Not to mention, his popularity is increasing at a significant rate and he might cross the 100 million subscribers milestone by the end of 2022.

Jimmy Donaldson, better known as MrBeast, is famous for his giveaway content and charity events. Apart from his mind-boggling achievements on YouTube, he also won the Favorite Male Creator award at the 2022 KCAs (Kids’ Choice Awards). Indeed, Jimmy deserves the Favorite Male Creator award for his amazing performance last year.

Interestingly, there are some ongoing rumors that the YouTube star has much more net worth compared to the boxing legend, Mike Tyson. Continue reading to find out more about if the rumor of MrBeast overshadowing the former Boxing champion is true.

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Does MrBeast really has Net Worth more than the Boxing sensation Mike Tyson?

Michael Gerard Tyson is an American former professional boxer who competed from 1985 to 2005. Furthermore, he is also considered one of the greatest heavyweight boxers of all time. Owing to his amazing performance at the start of his early career, he was nicknamed “Iron Mike” and “Kid Dynamite”.

At the point of his peak career, Tylor was one of the richest boxers worldwide. However, ” Kid Dynamite” lost most of his wealth because of bad lifestyle choices. According to wealthypersons.com Mike Tyson’s net worth was $15 million back in 2021.

Comparatively, the YouTube star completely outshined the living legend ” Iron Mike” by having the highest net worth among all creators on the platform. According to Fobes’ blog, Jimmy had over the thrice net worth of Tyson, $54 Million last year.

Comparing the year wise net worth of MrBeast and Mike Tyson

• 2020: Back in 2020, Tyson’s net worth was around the $3 million mark; whereas Jimmy had around eight times his total net worth, which was $25 million.
• 2021: Tyson was able to make some wise lifestyle choices compared to 2020 and increase his net worth from $3 million to $15 million. However, the YouTube star dominated the entire platform last year by having the highest net worth of about $54 Million.
• 2022: At the time of writing, it is claimed that Tyson has a total net worth of $10 million while MrBeast still defeats the boxing sensation by having a net worth of around $52 Million.

Why is Mike Tyson’s net worth so less even though his earnings were once $400 million?

The major reason for Tyson’s less net worth is his poor lifestyle decisions. He spent most of his earnings on having a luxury lifestyle by buying big, expensive houses and other accommodations all around the globe. Not to mention, some reports also say that at one point he also owned a pet tiger, which cost him $71,000.

According to one of the Sportskeeda blogs, ” Mike Tyson also bought a gold bathtub that reportedly cost him $2.2 million, exotic pigeons, mansions, and jewelry which was rumored to be around $5 million. The superstar had 3 Bengal tigers and is said to have spent $60,000 on each.”

With the lack of important financial guidance, “Iron Mike” lost most of his earnings in a flash.

Does MrBeast have good financial choices?

Jimmy is known for his giveaway content, where he offers his subscriber’s chance to win a huge amount of money. Indeed, MrBeast spends a lot of his earnings to entertain his audience. However, in order to compensate for his losses from his main channel videos, Jimmy created several side channels on YouTube.

He also confirmed on Joe Rogan’s podcast that he generates more revenue from his side channels as compared to his main channel. He said, “So these channels, like this channel (Beast Reacts) specifically, doesn’t cost a lot of money to run. So this is like you know, mostly just pure profit. Which is what I’ve ran into is like my main channel because I kept taking the videos bigger and bigger and bigger. There did get a point where they weren’t really profitable like I was losing money every video.”

Jimmy further added. “So I started this other channel, so they would make money so I could lose money on my main channel, if that makes sense?” Apart from generating a lot of revenue from his side channels, Jimmy also focuses on his merchandise, ShopMrBeast. All these decisions help the YouTube star to maintain a balance and never spend on unnecessary items.

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MrBeast’s single donations are almost equivalent to Mike Tyson’s worth

Other than Jimmy’s impressive content, MrBeast also organizes several charity events. Furthermore, he has created an entire channel, Beast Philanthropy, to help people in need and has over 8 million subscribers. He is also famous for his most popular charity events, such as Team Seas and Team Trees.

Back in 2020, Jimmy asked his fans to donate $1 to the environment as his team will plant one tree for each donation. Currently, the total number of donation that Team Trees has received is over 23 million, which even surpass Mike’s current 2022 net worth.

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