YouTube royalty MrBeast is following in the footsteps of Hollywood A-Lister Ryan Reynolds and making plans to create his very own phone service company in the vein of Mint Mobile.
Jimmy ‘MrBeast‘ Donaldson has never been one to solely rely on his YouTube empire to stay afloat. He’s launched a slew of different business ventures over the years, including his Feastables chocolate bar line, his MrBeast Lab toy brand, and even his own game show on Amazon Prime, to name a few.
Now, MrBeast is looking into the world of communications — specifically, starting his own phone service company, using Ryan Reynold’s Mint Mobile as a blueprint.
MrBeast is expanding his ever-growing YouTube empire into the communications business.
YouTube giant MrBeast eyes phone service launch
A leaked investor deck, obtained by Business Insider earlier this year, listed the idea as one of several initiatives being pursued by Beast Industries, the YouTuber’s self-named company.
Sources close to the organization told Business Insider that Donaldson’s team is casting a wide net to secure partnerships, saying there is not a specific launch date or timeline to indicate when the phone company will launch as of yet.
They also noted that this particular venture is not an “immediate priority” for Beast Industries, though the deck initially suggested the phone company would launch sometime in 2026.
While MrBeast has been able to move proverbial mountains thanks to his internet empire, competing with the likes of T-Mobile and Verizon to make a phone service seems daunting for anyone — but he won’t have to reinvent the wheel.
Instagram: MrBeastMrBeast’s YouTube success has paved the way for him to expand his business in multiple directions.
Beast Industries’ pitch deck suggested that its service would be an MVNO (mobile virtual network operator). In simple terms, an MVNO is a branded mobile plan that uses other companies’ pre-existing infrastructure, such as T-Mobile, by purchasing access to their services, which they then sell to consumers at their own rates.
If this sounds familiar, it’s probably because you’ve seen Ryan Reynolds’ advertisements for his own MVNO phone service, Mint Mobile, which he sold to T-Mobile for $1.35B in 2024.
This is just the latest undertaking for MrBeast after he raised over $40M to help give communities across the world access to clean drinking water as part of his viral TeamWater initiative.
