Mr Beast gives first look at insane $700,000 private island - Dexerto
Entertainment

Mr Beast gives first look at insane $700,000 private island

Published: 14/Aug/2020 11:55 Updated: 17/Aug/2020 10:29

by Georgina Smith

Share


After having spent one million dollars on lottery tickets to fund an island for a ‘Survivor’-type event, Mr Beast has revealed the first look at his private island.

Mr Beast, real name Jimmy Donaldson, is never far from another large scale video stunt. On August 8, he uploaded a video titled “I Spent $1,000,000 on Lottery Tickets and WON,” with the volume of tickets so high that a truck was needed to transport them all.

Although he did technically win, he only made back $720,971 of the million that he spent. But that didn’t halt his plan, planning on buying the best island he could for the money that he received.

Mr Beast YouTube
Mr Beast is known for giving away huge amounts of cash

He announced in the video that the 10 volunteers that were scanning in the huge number of lottery cards, would be the candidates in a ‘Survivor’-type event.

This will comprise the third part of his video series, and see the volunteers compete to win the island itself.

In the second part of the series, uploaded on August 13, fans got a glimpse of what this event will end up looking like as Mr Beast shows off the $700,000 island for the first time.

Once on the island, the team are shocked at the sheer scale of it, Jimmy said: “When I bought this island I had no idea it was this big.” According to the video it is  “nearly four football fields long.”

They set themselves the challenge of staying on the island (that they named Jeff) for 24 hours, and come nightfall they even explored the caves that were made accessible after the tide went in.

Mr Beast Private Island
YouTube: Mr Beast
Mr Beast and his team meet the wildlife on his new private island

The island seems like it will make for an exciting finale, with an interesting landscape and wildlife including wild pigs. The last person to leave ‘Jeff’ will be deemed the winner, and as a prize will become the owner of the island.

The final video of the series is expected on August 15, and will be viewable on Mr Beast’s YouTube channel.

Entertainment

Charli D’Amelio invests in $50 million banking service for teens

Published: 2/Dec/2020 19:00

by Virginia Glaze

Share


TikTok’s most-followed content creator, Charli D’Amelio, has invested in her very first startup, and it’s a $50 million mobile banking service specifically aimed at teenagers.

In true D’Amelio fashion, Charli has decided to invest in her first company, Step, along with a slew of other celebrity investors.

What is Step?

Step is a mobile banking service directed toward teenagers aged 13-19, which announced this morning that it has raised over $50 million during its Series B funding stage.

Step has grown to over 500,000 users in two months after its official launch, and features a variety of elements seen in apps like Venmo and PayPal, allowing users to send money to friends via peer-to-peer technology.

 

View this post on Instagram

 

A post shared by Step (@stepmobile)

The service also offers its teen customer-base FDIC-insured bank accounts without any fees, easing their foray into the financial world. Step even gives users a Visa card that allows them to establish credit prior to turning 18.

Charli D’Amelio on her Step investment

As for Charli D’Amelio, she seems to be quite jazzed about the bank’s entire concept, having risen to prominence in the mobile world before turning 16 this year.

“As a Step partner and customer, I’ve been able to see firsthand how easy Step makes it to manage your money while providing the educational resources that today’s teens need but have largely been unable to find—myself included,” D’Amelio stated.

 

View this post on Instagram

 

A post shared by charli d’amelio (@charlidamelio)

“I’m excited to be able to use my platform to help close this gap and have made a direct investment in Step to help them develop even more useful products.”

Charli isn’t the only big name putting some stock into Step; A-list celebs like Will Smith, the Chainsmokers, and Justin Timberlake are also investing in the bank, making for a truly star-studded affair for the emerging company.

Step is planning to partner with even more celebrities and influencers in the future, and hopes to help its teenaged customer-base with everything from student loans to building credit in the long-term.

Charli D'Amelio invests in Step mobile banking
Step.com, Press Kit
Step aims to help teenagers ease into the confusing financial world.

“Student loans are a big thing. Being able to extend credit to these folks. Being able to offer new products and services so they’re not paying these outrageous, predatory banking fees and high interest credit cards,” Step CEO MacDonald said of the service.

It looks like Charli is making big waves with this major investment, and all eyes are peeled to see if her 101 million TikTok followers will hop onto the Step trend, too.