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submitted 4 months ago by KingThrillgore@lemmy.ml to c/asklemmy@lemmy.ml

I never bothered to ask and now i'm afraid of being outed as an old for asking.

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[-] mosiacmango@lemm.ee 32 points 4 months ago

I think his companies are making around 800 mil/yr in revenue, so it's just billionares rubbing elbows. Class warfare as usual.

[-] twei@discuss.tchncs.de 11 points 4 months ago

Even if that number was true: Revenue isn't earnings! He has like 100-200 ppl working on the YouTube channel

[-] mosiacmango@lemm.ee 20 points 4 months ago* (last edited 4 months ago)

https://www.cnbc.com/2024/02/15/mrbeast-brings-in-700-million-a-yearheres-why-he-says-hes-not-rich.html

He says he reinvests it all, which may be true. Amazon also famously did the same for about 20 years, but Bezos still lived like a billionaire off loans/etc during that time.

[-] davel@lemmy.ml 23 points 4 months ago

I’m poor because I reinvest my capital. How dumb does he think people are? Reinvesting capital is literally what it means to be a capitalist.

this post was submitted on 30 Jul 2024
189 points (92.8% liked)

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