MrBeast CEO and ‘Beast Games’ winner rally brand partners and rare disease support on Wall Street
MrBeast’s new CEO is hitting Wall Street as YouTuber Jimmy Donaldson’s media empire looks to develop long-term brand partnerships and, in turn, unlock more funding for its charitable content. Venture capitalist Jeff Housenbold is helping MrBeast professionalize the ever-growing entertainment company. But, despite joining Nasdaq’s closing bell ceremony on Wednesday, Housenbold says their strategic plan does not currently include a public offering. Instead, MrBeast is focused on securing multi-year exclusive advertising deals. Ringing the market’s closing bell on Wednesday is Jeffrey Allen, the winner of the $10 million grand prize awarded in that inaugural Beast Games season. He is raising awareness for rare diseases like his son’s creatine deficiency.