Mr Beast calls on Reddit to help make millions off "risky" $100k gamble - Dexerto
Entertainment

Mr Beast calls on Reddit to help make millions off “risky” $100k gamble

Published: 16/Jul/2020 3:33

by Andrew Amos

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Jimmy ‘Mr Beast’ Donaldson isn’t a stranger to putting his money where his mouth is. However, this time, he’s enlisted Reddit community WallStreetBets to help him make millions off a “super risky” stock market investment.

If you haven’t heard of /r/WallStreetBets on Reddit, then you’ve been missing out. The million-user strong community is full of armchair stock market analysts sharing their big wins and losses, with a dash of memes on the side.

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The intrigue of the community has caught the eye of Mr Beast, who is no stranger to throwing tons of money at something. While usually it’s for a charitable cause, this time, he’s in it for the thrill.

Mr Beast with briefcase of cash
Instagram: Mr Beast
Mr Beast is no stranger to flaunting money around.

Mr Beast is putting $100,000 on the line in the stock market, and he wants the pundits at WallStreetBets to invest it for him.

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Posting from an account named ‘MrBeast100kinvest,’ the YouTuber stated that he would put six figures into whatever Reddit chooses for him as an investment. How is he going to choose? He’s simply going to invest in the top reply.

“I will invest $100,000 into whatever is the top reply in a week. I want a super risky investment. Give me something so crazy that I have like a 2% chance of it working but if it does I make millions,” he said in his post.

Since putting out the call to action, over 11,000 comments have been made on the thread, and that number is only going up by the hour.

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Some of the suggestions being thrown out there are “calls on oil futures,” putting money in American Airlines, AMD, and even three stocks that spell out Mr Beast ⁠— MR (Montage Resources), B (Barnes), and EAST (Eastside Distilling).

I Will Invest $100,000 Into Whatever Is The Top Reply In A Week lol from wallstreetbets

It’s one of the most popular posts on the subreddit of all time ⁠— a feat considering some of the rather interesting investments others have made in the past.

The mods of the subreddit did have to put out a disclaimer, asking its users to “invest responsibly” and to not follow the advice blindly. They also condemned Mr Beast’s promise to compensate the Redditor who he takes advice from, stating it is illegal under U.S. law.

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“Investing money in the stock market is inherently risky and we do not recommend following trades such as this. We are condemning the illegal nature for investment advice to individuals who are not registered under the U.S. Investment Advisers Act of 1940,” they said.

Public Service Announcement – For Immediate Release from wallstreetbets

While it’s unlikely Mr Beast will succeed, if all things pan out well, he could become the next king of the WallStreetBets community – he certainly has the cash.

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Entertainment

Addison Rae’s “awkward” BBMA presentation for Harry Styles goes viral

Published: 15/Oct/2020 19:09

by Virginia Glaze

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The Billboard Music Awards kicked off on the night of October 14, and TikTok star Addison Rae was one of the personalities conscripted to host them; but her presentation for winner Harry Styles didn’t go as planned.

Addison Rae is one of TikTok’s most popular (and highest paid) content creators, boasting well over 40 million followers on the app for her cutesy choreography and bubbly, Southern personality.

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As one of the net’s biggest celebrities, it came as little surprise that she was assigned to help host the 2020 Billboard Music Awards, alongside fellow TikToker Spencer Polanco Knight and even singer Kelly Clarkson.

However, her presentation for ‘Watermelon Sugar’ singer and One Direction member Harry Styles wasn’t well-received, with many on the net taking issue with her “awkward” demeanor on-stage.

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In fact, it doesn’t seem that Rae even opened up the envelope when she presented his award, which she accepted “on his behalf,” since he couldn’t be present at the Los Angeles Dolby Theater for the ceremony.

Her mannerisms incited quite a bit of criticism from online viewers, who found her stage presence to be less-than-ideal, with some also taking issue with a social media influencer taking part in such a prestigious event.

“Why was that the most awkward presentation… EVER?” one critic wrote.

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“I feel awkward… does anyone else feel awkward?” another chimed in.

“She looks like she is in a funeral,” one user quipped. “Also, the way in how she announced that Harry won is so cringy. Like girl, put some emotion in it, ‘cause its Harry freaking Styles who you’re talking about, not a TikTok dancer.”

Although Rae has yet to respond to the criticism she’s received since presenting Harry’s award, it certainly is exciting to see influencers break into the space of traditional celebrities — although there’s bound to be some bumps in the road along the way.

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