Culture
US-ENTERTAINMENT-INTERNET-YOUTUBE-MRBEAST
(Michael Tran/Getty Images)
MRBANK

YouTuber MrBeast has filed a trademark for a financial services venture

On the cusp of 100 billion total views, the world’s top YouTuber appears to be branching into banking.

One of the recurring themes in the oeuvre of YouTube’s MrBeast is large dollar sums of money, often rewarded by the thousands or even millions, to contestants that participate in his various viral challenges.

But rather than giving cash away for completing stunts like sitting in a bathtub of snakes or being trapped in a burning building, the 446 million-subscriber-strong content creator now seems to be exploring the idea of accepting deposits.

$1 vs. $500,000 Study Grant!

The internet sensation, real name Jimmy Donaldson, filed a trademark for “MrBeast Financial” with the US Patent Office earlier this week, Business Insider reported on Wednesday. While specific details remain unclear, the application lists plans for a “mobile app and online services for a range of banking, financial advisory, crypto exchange, and other services.”

Per BI, these initiatives are very close to a pitch deck from the YouTuber’s company that was shown to investors back in February. This described “Beast Financial,” a fintech arm that would provide “customized offerings” — like student loans, credit insights, and insurance — supported by financial literacy content and targeted toward the vast, growing, and predominantly young MrBeast audience.

Mr Beast viewership
Sherwood News

Indeed, the world’s top YouTuber is still racking up sky-scraping viewer numbers, as the channel rapidly approaches 100 billion views, surging further ahead of scores of imitators mimicking his distinctive style of devilish challenges and garish thumbnails. Though it took MrBeast’s main channel 6.5 years to hit 1 billion total views, now the channel is accruing over 3 billion views per month on average.

And the MrBeast machine shows no sign of slowing: “Beast Games,” the controversial competition reality show created and hosted by Donaldson for Amazon Prime, was renewed for two additional seasons in May. The show is Prime Video’s most watched unscripted program ever, having racked up 50 million views in its first 25 days.

More Culture

See all Culture
culture

Netflix slumps as Elon Musk ramps up calls for boycotts on the streaming giant

Netflix shares slumped Thursday, down for the third straight day, as Elon Musk continued to push for users to cancel their subscriptions to the streaming giant.

The backlash centers mostly on Netflixs animated series Dead End: Paranormal Park, though Musk has also referenced The Baby-Sitters Club, shows that touch on transgender themes. On Tuesday, he replied “Same” to a user who said they’d canceled Netflix, confirming he had too. Early Wednesday he urged, “Cancel Netflix for the health of your kids.”

Musk continued to back a boycott on Thursday, resharing to his 227 million X followers several posts of users canceling their accounts and highlighting cultural criticisms around the show.

Netflix stock has performed well this year, rising about 30%.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.