Jimmy Donaldson, real name MrBeast (26 years old), has teamed up with tech entrepreneur Jesse Tinsley, founder of online staffing company employer.com, to make an offer to buy TikTok's entire US unit in cash.
MrBeast joins group of investors looking to buy TikTok in the US
The news comes as President Donald Trump said he was open to tech billionaires Elon Musk and Larry Ellison joining in on a TikTok deal. MrBeast had previously expressed interest in acquiring TikTok in social media posts, including one on X on January 13 that read: "I'd buy TikTok so it wouldn't get banned."
The Paul Hastings law firm announced Donaldson’s bid in a statement midweek. Tinsley is leading a group of investors that includes high-net-worth individuals and institutional investors, according to the firm, but Donaldson is the only member publicly named. While the statement did not disclose the size of the all-cash bid, President Donald Trump has estimated TikTok’s value in the U.S. at as much as $1 trillion.
The basis for MrBeast to be able to acquire TikTok
With 346 million YouTube subscribers, Donaldson was the world's most successful internet creator last year, earning $85 million, according to Forbes . His popular YouTube videos on MrBeast, like "I Buy Everything in a Grocery Store," and his giveaways have helped make him an internet superstar.
TikTok’s future in the US remains uncertain, although the app was relaunched on January 20 after being briefly shut down by owner ByteDance. TikTok had a January 19 deadline for ByteDance to sell its US unit or face a ban. However, the company restored the app after receiving “assurances” from new US President Donald Trump, who issued an executive order on January 20 to suspend enforcement of the law requiring the sale.
Some Republican lawmakers have questioned the legality of suspending the law, arguing that affected companies must comply with the law and that anyone who violates it faces the risk of “catastrophic bankruptcy.”
Source: https://thanhnien.vn/ong-hoang-youtube-mrbeast-muon-mua-lai-tiktok-185250124174444081.htm
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