this post was submitted on 30 Jul 2024
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I never bothered to ask and now i'm afraid of being outed as an old for asking.

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[โ€“] mosiacmango@lemm.ee 32 points 4 months ago (1 children)

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

[โ€“] twei@discuss.tchncs.de 11 points 4 months ago (1 children)

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

[โ€“] mosiacmango@lemm.ee 20 points 4 months ago* (last edited 4 months ago) (1 children)

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.

[โ€“] davel@lemmy.ml 23 points 4 months ago

Iโ€™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.