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Posted on 11/3/22 at 12:07 pm to DoUrden
He sure as frick made sure to film it too
Posted on 11/3/22 at 12:08 pm to QJenk
quote:
How does he have so much money. Does he have loaded parents or something.
His videos get more views than the Super Bowl. The dude charges millions for paid promotions.
He also has other channels making money like his gaming channel, a hamburger chain, merchandise, candy bars, etc
Oh, and he has dubbed his videos into over 20 languages so that they generate more revenue.
I would be shocked if all together he doesn't generate over $100 million per year in revenue.
Posted on 11/3/22 at 12:13 pm to Vidic
quote:
He sure as frick made sure to film it too
How do you think he makes hismoney?
Posted on 11/3/22 at 12:13 pm to tiggerthetooth
quote:
How does that work for taxes?
Here's a YouTube short where he addresses taxes and "fricking people over" in a pretty simple way.
He says, "Just sell it."
YouTube shorts
Posted on 11/3/22 at 12:16 pm to tiggerthetooth
quote:
How does that work for taxes?
No tax implications. Hell, he may be able to you this as deductions.
Posted on 11/3/22 at 12:23 pm to lsu777
quote:This isn't exactly accurate.
he makes an insane amount. he got offered 1 billion for his channels the other day and turned it down because they are worth between 10-20billion based on the ad revenue.
The reporting is that he is trying to raise $150M at a $1.5B valuation. Mind blowing for sure, but no idea where you got that "fricking nuts" 20B number.
LINK
Posted on 11/3/22 at 12:35 pm to DoUrden
Sounds like an attention whore liar
Posted on 11/3/22 at 12:45 pm to Big Scrub TX
quote:
but no idea where you got that "fricking nuts" 20B number.
It's based on what he can generate based on ad rates
LINK
Posted on 11/3/22 at 12:53 pm to stout
He also puts the vast majority of money he generates back into the enterprise.
I watched him breakdown a squid games video they made. he sunk about 7million dollars into making that particular video.
Thats how hes grown the viewership, not by skimming profits but by maximizing production value
I watched him breakdown a squid games video they made. he sunk about 7million dollars into making that particular video.
Thats how hes grown the viewership, not by skimming profits but by maximizing production value
Posted on 11/3/22 at 1:01 pm to stout
quote:The simple truth is that Mr. Beast is valuing it himself at $1.5B and attempting to raise money at that valuation.
It's based on what he can generate based on ad rates
Away from that, it is all simply incredible. What a time to be alive.
Posted on 11/3/22 at 1:13 pm to Vidic
quote:It's literally the entire point.
He sure as frick made sure to film it too
I love how people say this like it's a bad thing. Without filming it, he doesn't have the money to give away. Why is that so difficult to grasp?
This post was edited on 11/3/22 at 1:14 pm
Posted on 11/3/22 at 1:16 pm to baldona
Yes but at least you have something for your money rather than giving it to Uncle Sam.
Posted on 11/3/22 at 1:36 pm to OysterPoBoy
quote:
If he's smart he claims Sovereign Citizen status and doesn't have to deal with it.
Lol. Yea. You can claim it right up till when IRS CI comes to arrest you for tax evasion and seizes all of your assets.
Posted on 11/3/22 at 1:37 pm to Ping Pong
quote:
Most of his video's are fake.
Of course they are. Why the hell would he give out money.
Posted on 11/3/22 at 2:20 pm to Tempratt
quote:Uhh, to make money?
Why the hell would he give out money.
Posted on 11/3/22 at 2:21 pm to CleverUserName
quote:Every time I hear about claiming sovereign citizen status, it immediately reminds me of this:
Lol. Yea. You can claim it right up till when IRS CI comes to arrest you for tax evasion and seizes all of your assets.
Posted on 11/3/22 at 2:44 pm to QJenk
quote:
All of his videos I see him giving away shite tons of money, and he can't be making that much money on YouTube to turn a profit if that's his only source of income.
This is what I love about the OT. There are 3 different people telling each other why they are wrong about what they said about taxes and then someone says "he can't be making that much money on YouTube to turn a profit if that's his only source of income".
Let's use CBS for example. They start a new comedy series. It starts in the Fall, there is a new episode each week. It plays through the fall, then for a few months there are no new episodes then new episodes start playing in the Spring and then usually has a new episode every week until May.
It takes money to pay the actors, to build a set, there are the behind the scene workers, etc. Where does the money come from that is used to pay everyone and build a set? Advertising. The commercials during the show pays for it. The amount they can charge for people to advertise depends on the number of people who watches the show.
If I show has 3-4 million viewers that's pretty good. If it is the highest rated show on the network they can charge a lot more so that results in the actors making more, etc.
I am not that familiar with this guy, but I just went look. A video he put out 11 days ago has 53 million views.
So if a network show is doing good by having 3-4 million viewers, how well do you think someone is during with Superbowl rating type numbers?
Posted on 11/3/22 at 2:45 pm to OysterPoBoy
quote:
The IRS has no jurisdiction over Sovereign Citizens. Educate yourself.
You didn't happen to advise a certain gentleman is Waukesha lately, did you?
Posted on 11/3/22 at 2:51 pm to lsu777
quote:
he makes an insane amount. he got offered 1 billion for his channels the other day and turned it down because they are worth between 10-20billion based on the ad revenue.
Do they have proof of that offer? or ad revenue worth?
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