Mr. Beast confirmed on The Diary of a CEO podcast that although his overall net worth classifies him as a billionaire on paper, his actual bank balance is less than one million dollars. He explained that most of his earnings are reinvested into his various business ventures rather than kept as liquid assets. MrBeast, known for his philanthropy and groundbreaking content, also shared on the same podcast that despite technically being a billionaire, he has less than $1 million in his bank account.