Inside the Platform’s Entrepreneurial Transformation

YouTube has evolved into an economic juggernaut that dominates the digital landscape. With 2.7 billion monthly active users as of 2025, nearly half of all internet users globally, the platform commands 122 million daily active users who collectively watch over 1 billion hours of video daily. The platform generated .1 billion in advertising revenue in 2024, marking a 14.6% increase year-over-year, while YouTube Shorts alone generates over 70 billion daily views.

For content creators, YouTube has become synonymous with opportunity. Research by Oxford Economics found that YouTube’s creative ecosystem contributed billion to the U.S. GDP and supported 490,000 full-time jobs in 2024, representing a billion and 100,000 job increase from 2022. The platform paid over billion to creators, artists, and media companies between 2021-2023 through its Partner Program alone. More than 60,000 channels have achieved at least 1 million subscribers, with creators earning between

.61 and .30 per 1,000 views on average.

Yet beneath this prosperity lies a fundamental shift in strategy among the platform’s most successful stars. The numbers tell a story that would have seemed implausible just years ago: MrBeast’s chocolate brand Feastables generated 1 million in sales and over million in profit in 2024, outpacing his entire media empire, YouTube channel included. His media business, by contrast, lost approximately million during the same period. The message for YouTube’s creator class has crystallized: sustainable wealth comes from owning products, not just producing viral content.

Many of the platform’s most successful creators are systematically reducing their dependence on traditional revenue streams, acknowledging an uncomfortable reality: ad revenue can evaporate with a single algorithm update or policy change.

The reasons driving this diversification are pragmatic rather than aspirational. Ad revenue remains fundamentally unstable, subject to YouTube’s constantly evolving policies that can render entire categories of content unsuitable for monetization. Brand partnerships, though lucrative, carry equal risk. A single controversy can eliminate sponsorships worth millions. 

The creators building lasting empires aren’t waiting to discover what happens when platform algorithms turn against them. They’re constructing parallel businesses with tangible products that operate independently of YouTube’s whims.

Jimmy Donaldson (MrBeast)

Jimmy Donaldson, known as MrBeast, commands 442 million subscribers across his channels, but his most remarkable achievement isn’t measured in views, it’s counted in chocolate bars sold. His transformation from content creator to consumer products mogul represents the most aggressive entrepreneurial expansion in YouTube’s history.

His snack brand Feastables launched with the “MrBeast Bar,” generating over million in sales within its first 72 hours and selling over 1 million bars at launch. The trajectory since then has been nothing short of extraordinary. 

While his media business, including his YouTube content and Amazon’s “Beast Games” competition series generated roughly 0 million in revenue in 2024, it simultaneously lost approximately million. Feastables, by contrast, turned a profit of over million on similar revenue.

The projections are even more telling. According to investor documents, Donaldson forecasts Feastables will generate 0 million in sales in 2025, compared to just 8 million for his YouTube business. His company Beast Industries, which oversees Feastables, raised money at a roughly billion valuation in 2024, signaling immense investor confidence in consumer products over viral videos.

Beyond chocolate, Donaldson’s empire includes Lunchly (a packaged food brand co-founded with YouTubers Logan Paul and KSI), the toy line MrBeast Lab, MrBeast Burger, and the analytics platform Viewstats. He even attempted to buy TikTok’s U.S. operations by joining the American Investor Consortium.

Now he’s venturing into telecommunications, planning to establish a mobile virtual network operator (MVNO), potentially partnering with major carriers like AT&T, T-Mobile, or Verizon. He’s also filed trademark applications for a mobile app offering banking, financial advisory, and crypto exchange services.

The contrast is stark: while the average MrBeast video now costs between million and million to produce, his chocolate bars generate consistent profits with predictable margins. YouTube remains his marketing engine and cultural platform, but Feastables has become his financial foundation.

Emma Chamberlain

Emma Chamberlain, who rose to fame as a teen vlogger in 2016 and now has over 12 million subscribers, discovered that coffee could be more lucrative than clicks. She launched Chamberlain Coffee in 2019, offering a variety of products including cold brew, coffee pods, ground and whole bean options, plus tea and matcha.

The brand’s growth trajectory has been impressive despite recent challenges. In 2023, Chamberlain Coffee reached approximately million in revenue, according to Forbes. The brand experienced supplier issues in 2024 that slowed growth, but it rebounded strategically. Projected revenue growth exceeds 50% for 2025, reaching more than million, with profitability targeted for 2026.

Chamberlain Coffee’s expansion beyond e-commerce into retailers like Target, Sprouts, Walmart, and Amazon represents a critical evolution. In January 2025, the brand opened its first physical location, with lines consistently stretching out the door at LA’s Westfield Century City Mall. The brand has raised million in funding and now distributes products across more than 10,000 stores.

What makes Chamberlain’s approach particularly savvy is the brand’s intentional design to “stand on its own.” The packaging and colors are demographic-agnostic, and aside from Chamberlain’s name, the products don’t heavily feature the creator which is a deliberate choice to ensure the brand can outlive her YouTube relevance. 

Meanwhile, her podcast “Anything Goes” boasts an impressive average of 1.5 million listeners per episode, backed by major sponsors like BetterHelp, Squarespace, and DoorDash.

Other YouTubers have followed similar beverage strategies, including Jacksepticeye with Top of the Mornin’ Coffee and Philip DeFranco with Wake & Make Coffee, recognizing that consumable products create recurring revenue streams that volatile ad rates cannot match.

Logan Paul

Logan Paul (23.6 million subscribers) took a different path with Prime, an energy drink brand co-founded with YouTuber KSI. The brand achieved rapid viral success in 2022, and surpassed

.2 billion in sales in 2023, a figure that dwarfed what most content creators earn from views, ads, and brand deals combined.

However, Prime’s trajectory serves as a cautionary tale about building brands solely on hype. Sales have since declined dramatically, with UK revenue falling nearly 70% from approximately 2 million in 2023 to between million and million in 2024. Gross profits dropped over 85%, while pre-tax profits tumbled more than 90%. In the U.S., sales fell around 40% in the first half of 2024.

The brand faces additional headwinds including regulatory scrutiny over high caffeine content, lawsuits from business partners, and allegations about product safety. Beverage bottler Refresco sued Prime’s parent company for million, alleging breach of contract and blaming “fading social media buzz” for the decline. The company has launched a strategic review to transition from viral marketing to sustainable growth.

Despite Prime’s struggles, Paul’s diversification extends beyond beverages. His Maverick Apparel brand made between million and million in 2020. His brother Jake Paul has also diversified, co-founding the Anti Fund with investments in OpenAI, Anduril, Ramp, and Cognition, while owning grooming line W and mobile betting platform Betr.

Ryan Kaji

Ryan Kaji, the 13-year-old host of Ryan’s World with nearly 40 million young viewers, demonstrates that age is no barrier to business sophistication. What started as simple toy unboxing videos has evolved into a comprehensive entertainment and product empire.

Beyond YouTube’s ad revenue, which generates approximately 0,000 to

million per month, Ryan has expanded into licensed products that have become the real moneymakers. His toy and apparel line, sold in major retail chains, reportedly generated over 0 million in revenue in 2020. The New York Times reported that the Kaji family earns at least million from Ryan’s World merchandise sales, which totaled over 0 million in 2021.

The family has diversified into television with “Ryan’s Mystery Playdate” on Nickelodeon, mobile games including “Tag with Ryan” and “Race with Ryan,” streaming content on Amazon Kids+, and even a 2024 feature film “Ryan’s World: The Movie – Titan Universe Adventure” that premiered in approximately 2,000 U.S. theaters. A Roblox world dedicated to Ryan launched in 2020, and the brand features more than 5,000 licensed products.

With an estimated net worth around 0 million, Ryan exemplifies how creator-led brands can achieve scale comparable to traditional entertainment franchises. His success prompted comparisons to Nickelodeon’s SpongeBob SquarePants, high praise in the children’s entertainment industry.

Jeffree Star

Jeffree Star, who gained prominence on MySpace before transitioning to YouTube, exemplifies how beauty creators can build staggering wealth through cosmetics. With an estimated net worth of 0 million in 2025, Star’s financial success stems primarily from Jeffree Star Cosmetics, which he founded in 2014 after investing his life savings.

At its peak, Star claimed his makeup line was grossing over 0 million in annual revenue which is an astonishing figure for a privately-owned brand just a few years old, fueled primarily by social media marketing. His “Blood Sugar” palette alone generated over million, while his 2019 collaboration with Shane Dawson, The Conspiracy Collection, caused such excessive traffic that it resulted in outages on Shopify and Morphe.com lasting hours.

More recent data shows the brand’s evolution. Jeffree Star Cosmetics generated million in revenue on its main online store in 2024, with projections indicating modest growth in 2025. While these figures represent only online sales and don’t capture retail partnerships, they illustrate the challenges of maintaining viral-level growth. His collaboration with Morphe Cosmetics, which surpassed 0 million in revenues, ended when the brand cut ties with Star in 2020 amid controversies.

Beyond cosmetics, Star diversified strategically. He founded Killer Merch, a company producing and distributing merchandise not only for his brand but for other influencers, operating from a large warehouse facility with dozens of employees. In 2021, he launched Jeffree Star Pets offering toys and accessories for animals, followed by Jeffree Star Skin in 2022, a skincare line featuring moisturizers, cleansers, and scrubs.

Star’s lavish lifestyle, featuring mansions, supercars, and designer collections underscores his financial success. Yet his most fascinating diversification may be his 80-acre yak ranch in Wyoming, a dramatic departure from his cosmetics empire that demonstrates how successful YouTubers are investing wealth beyond their core businesses.

An undisclosed brand once offered Star 5,000 just to use its product in a video, a testament to his influence in the beauty industry. Yet it’s his owned cosmetics empire, not sponsored content, that generated the bulk of his nine-figure net worth.

Mark Edward Fischbach

Mark Edward Fischbach, known as Markiplier, with 37 million subscribers and nearly 20 billion views, proves that gaming content can translate into fashion success. His journey from horror game commentary to apparel entrepreneur demonstrates how creators can monetize their communities beyond screen time.

In 2018, Markiplier co-founded CLOAK with fellow YouTuber Jacksepticeye, a clothing brand tailored for gamers and fans of digital culture. The brand’s growth has been explosive. According to Forbes, Cloak grew by 750% year-on-year, with a 3,900% increase from May 2019 to May 2020, metrics that would make traditional fashion brands envious.

CLOAK offers hoodies, t-shirts, pants, and accessories designed specifically for the gaming community, providing what Markiplier and Jacksepticeye saw as a gap in the market: stylish, comfortable apparel that resonated with their audience’s identity. The brand frequently launches limited editions that sell out quickly, creating scarcity and demand that drive consistent revenue.

With a net worth estimated at million as of 2025, Markiplier’s income sources extend far beyond YouTube’s ad revenue. He earns between -8 million annually from YouTube ad revenue alone, supplemented by sponsorships from companies like Amazon, NordVPN, and GFuel that can pay hundreds of thousands per campaign.

But CLOAK represents something more significant: equity in a growing fashion brand that exists independently of platform algorithms. As a co-owner, CLOAK likely represents tens of millions in eventual profit potential, potentially evolving into one of Markiplier’s biggest successes besides YouTube. Operating in an apparel market valued at over billion globally, the brand has substantial room for expansion.

Markiplier has also successfully expanded into podcasting with Distractible and Go! My Favorite Sports Team, which generates revenue through sponsorships and ad placements. With a typical podcast CPM ranging from to , Distractible likely generates at least

million in annual advertising revenue, split among co-hosts but still contributing meaningfully to his diversified income.

His ventures extend into film as well, directing, producing, and starring in projects like the film adaptation of Iron Lung. In 2021, he purchased a million home from Donald Glover in the La Cañada Flintridge area of Los Angeles, demonstrating the real estate investments that accompany his entertainment success.Several other beauty YouTubers have transformed their makeup tutorials into global cosmetics empires.

Huda Kattan

Huda Kattan has built one of beauty’s most impressive creator-to-mogul transformations. With an estimated net worth of 0 million as of 2025 and a brand valued at over

billion, she founded Huda Beauty in 2013 after working as a makeup artist and beauty blogger.

Her first product which was false eyelashes, released through Sephora, gained traction after Kim Kardashian endorsed them. By 2018, Huda Beauty was generating 0 million in annual revenue, growing to more than 0 million in year-to-date sales by August 2024. Other estimates place total annual sales at 0 million as of 2024.

What distinguishes Kattan’s approach is her June 2025 decision to regain full ownership. After selling a minority stake to private equity firm TSG Consumer Partners at a

.2 billion valuation in 2017, she bought back the stake when investor pressure clashed with her brand vision. Despite 12 years in business, Huda Beauty ranked #4 among makeup brands in 2024 on social media performance and topped CreatorIQ’s list in Q1 2025.

Michelle Phan

Michelle Phan pioneered the beauty influencer-to-entrepreneur path, beginning her YouTube journey in 2007 with makeup tutorials that garnered millions of views. Her business breakthrough came in 2011 when she co-founded MyGlam, a monthly beauty subscription service later rebranded as Ipsy.

By 2015, Phan raised 0 million to value Ipsy at over 0 million, with the subscription service attracting 700,000 subscribers generating million in revenue from Glam Bags. The company expanded to work with over 8,000 creators and reach 20 million individuals, fundamentally changing beauty brand marketing.

Her makeup line EM Cosmetics had a rocky start through L’Oréal partnership in 2013, but Phan bought L’Oréal’s share through Ipsy in 2015, then acquired the brand from Ipsy in 2017 for a successful relaunch. With 8.67 million YouTube subscribers and multiple ventures including her 2014 book and the Thematic music licensing platform, Phan demonstrated that creator businesses could survive market shifts through strategic ownership.

Rosanna Pansino

Rosanna Pansino, with 14.8 million subscribers and over 2.5 billion views, transformed her Nerdy Nummies baking show into a diversified empire. As of 2024, she has an estimated net worth of million.

While her YouTube channel generates approximately .3K to 8.6K annually through ad revenue, her real success comes from product diversification. She published two bestselling cookbooks, with “The Nerdy Nummies Cookbook” becoming a New York Times bestseller.

In 2017, Pansino launched a baking line with Wilton, distributed through Walmart, Michaels, and Amazon. She expanded into television, starring in YouTube Red’s “Escape the Night” and hosting “Baketopia” on HBO Max. Her consistent upload schedule and ability to translate online popularity into physical products demonstrates how niche content can build sustainable businesses independent of platform algorithms.

The Structural Shift

The scale of this diversification becomes clear when examining the broader creator economy landscape. Research indicates the creator economy reached 7.65 billion in valuation in 2024, with projections showing growth at a 22.5% compound annual growth rate between 2024 and 2028, potentially reaching 8.39 billion by 2030. Goldman Sachs estimates that 50 million global creators will expand by 10% to 20% CAGR over the next five years.

Yet within this growth, a fundamental transformation is occurring. Creators are recognizing that platforms like YouTube provide powerful marketing and distribution channels, but sustainable wealth comes from owning products, not just producing content. The successful creators are those who view their YouTube channels not as ends in themselves, but as massive, free advertising platforms for their actual businesses.

MrBeast puts it plainly: he reinvests every dollar from YouTube, “a couple million in ad revenue, a couple million in brand deals” back into production to create bigger projects. But it’s Feastables that generates consistent profits. 

Forbes estimated his annual earnings between April 2024 and April 2025 reached million, yet he claims to keep less than

million in personal bank accounts, channeling everything into business growth.

The Future of Creator Economics

The pattern emerging across successful YouTubers reveals a clear blueprint saying build an audience on platforms, then monetize that audience through owned products and services. YouTube remains invaluable for discovery and engagement, but the enduring wealth comes from diversification into physical products, consumables, services, and experiences that can’t be demonetized with an algorithm change.

As YouTube CEO Neal Mohan wrote: “With more viewers and more advertisers coming to YouTube, the opportunity for creators has never been greater. For over a decade, the total amount YouTube has paid creators has grown every single year.” 

Yet the smartest creators aren’t waiting to see if that growth continues. They’re building empires that transcend any single platform.

The transformation from content creator to business mogul represents more than personal financial strategy, it signals a maturation of the creator economy itself. Those who succeed won’t just be talented entertainers; they’ll be entrepreneurs who understand that sustainable success requires owning your economics, not renting them from platforms that can change the rules overnight.

For aspiring creators, the message seems pretty simple, “Build your audience on YouTube, but build your business everywhere else”. 

The algorithm may determine who sees your content today, but owning your products determines who pays you tomorrow.

Qaiser Sultan

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