MrBeast, the top YouTuber in the world by number of subscribers, is reportedly in talks to raise hundreds of millions of dollars in a fundraising round that would give his company a $5 billion valuation.
The 26-year-old YouTuber, whose real name is Jimmy Donaldson, has talked to multiple financial firms and wealthy individuals about possible investments, according to a Bloomberg report released on Wednesday. It isn’t clear yet who will invest because talks are in their preliminary stages.
Related: MrBeast Says He Lost ‘Tens of Millions of Dollars’ on His Hit Amazon Reality TV Show ‘Beast Games’
Donaldson is reportedly raising money to found a holding company or a parent company
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