this post was submitted on 30 Jul 2024
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Asklemmy
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I think his companies are making around 800 mil/yr in revenue, so it's just billionares rubbing elbows. Class warfare as usual.
Even if that number was true: Revenue isn't earnings! He has like 100-200 ppl working on the YouTube channel
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.
Iโm poor because I reinvest my capital. How dumb does he think people are? Reinvesting capital is literally what it means to be a capitalist.