The creator economy is rapidly evolving as top YouTubers abandon volatile ad revenue in favor of building diverse business empires.
MrBeast, with over 440 million subscribers, leads the charge through his company Beast Industries, which recently acquired Gen Z-focused fintech app Step and saw its chocolate brand Feastables outperform media earnings.
Why Ad Revenue No Longer Cuts It
YouTube's frequent algorithm and policy updates have made ad income unpredictable, prompting creators to seek more stable revenue streams.
Historically, advertising and sponsorships dominated creator monetization since platforms like YouTube rose in the 2010s, but recent shifts have exposed their limitations.
MrBeast's Diversification Blueprint
In 2024, Feastables generated $250 million in revenue and $20 million in profit, surpassing MrBeast's YouTube and TV ventures that reported losses.
The Step acquisition, serving 7 million young users with credit-building and investing tools, aims to provide financial education to the next generation.
Beast Industries is also expanding into merchandise via ShopMrBeast, toys with MrBeast Lab, and even a planned theme park in Saudi Arabia.
Impact on the Creator Economy
Other creators like Emma Chamberlain with her $20 million Chamberlain Coffee brand and Logan Paul with Prime energy drink exceeding $1 billion in sales are following this model.
This trend has significant impact, contributing over $55 billion to U.S. GDP and creating nearly half a million jobs through vertically integrated media companies.
Looking ahead, experts question if this playbook can scale beyond the top 1% of creators to sustain the entire industry.
TechCrunch's Equity podcast highlights how creator influence is transforming into scalable infrastructure, signaling a promising future for resilient businesses.