Inside the business of MrBeast

The biggest YouTuber in the world is looking beyond videos to build a multibillion-dollar empire.

For the last several months, Jimmy Donaldson, aka MrBeast, has been talking with investors about raising $200 million in a funding round that would value his holding company, Beast Industries, at more than $5 billion. An investor pitch deck I’ve obtained gives an unprecedented look at the fast-growing, money-losing business of MrBeast and his future plans. (Bloomberg’s Lucas Shaw first reported that MrBeast is raising money last week.)

To justify that…