Tag: Mr. Beast News

Why MrBeast Is Eager to Acquire TikTok

Posted on by Ozymandias

American YouTuber MrBeast has expressed interest in purchasing TikTok to prevent its potential ban in the United States. This follows weeks of speculation after the former president announced plans to prohibit the platform.

TikTok, with over 170 million US users, faces a looming deadline of January 19th to avoid a ban unless the court rules in its favor or ByteDance, its Chinese parent company, divests ownership.

Posting on his X account, MrBeast wrote, “Okay fine, I’ll buy TikTok so it doesn’t get banned,” sparking conversations online about the platform’s uncertain future.

Under current law, TikTok must be sold to a US-based company or face prohibition. In April, Congress voted to enforce the ban unless ByteDance divests its US operations by the January deadline. Rumors suggest that ByteDance may be in talks with billionaire Elon Musk to facilitate a deal.

According to The Guardian, TikTok’s US operations could either be sold through a competitive bidding process or be subject to government intervention, highlighting that control over the app might now be out of ByteDance’s hands. China’s government holds a “golden share” in ByteDance, raising concerns among US lawmakers about Beijing’s influence over TikTok.

If negotiations proceed, Musk’s platform, X, could potentially take over TikTok’s US operations and manage it collaboratively.

Can MrBeast Afford TikTok?

MrBeast, whose estimated net worth is approximately $1 billion, has amassed his wealth through YouTube, merchandise, businesses like MrBeast Burger and Feastables, and other entrepreneurial ventures.

However, acquiring TikTok would be a monumental challenge. Factors such as TikTok’s user base, revenue streams (from ads and subscriptions), growth potential, and intellectual property significantly influence its valuation. ByteDance, TikTok’s parent company, was valued at over $180 billion in 2021, though this figure includes all of its assets, not just TikTok.

While MrBeast’s fortune is impressive, it falls short of the resources needed to purchase a global platform like TikTok.

Mr. Beasts Construction Of 52 Wells Causes Public Colloquy

Posted on by Dennis Elnino

Acclaimed American YouTuber Jimmy Donaldson, better known as Mr. Beast, has garnered widespread admiration in Kenya for his generous initiative to build 52 wells across the country, providing much-needed access to clean drinking water for underprivileged families and schoolchildren.

In a captivating YouTube video, Mr. Beast chronicles his journey as he travels from village to village, overseeing the construction of these life-changing water wells. Additionally, he highlights his contributions of bridges and computers to Kenyan schools, further demonstrating his commitment to uplifting the communities he serves.

Mr. Beast’s mission extended beyond Kenya, encompassing a broader vision of establishing 100 wells across Africa, with Somalia and Cameroon also benefiting from his philanthropy. His efforts have successfully connected over 500,000 people to clean drinking water, transforming their lives for the better.

The constructions have caused natives to give their opinion on whether he’s doing it out of good heart or he’s looking to gain fame across Africa. Some claim that his help is uncalled for, while most have lauded him for his tremendous effort.

Driven by a desire to inspire others, Mr. Beast leverages his massive platform to encourage viewers to engage in acts of kindness and make a positive impact on the world around them. His philanthropic endeavors serve as a testament to the power of individual action and the potential for global change.