He is reportedly planning to use the money to create a holding company for his growing empire, which includes a video production company, his chocolates brand Feastables and snack business Lunchly.
The YouTuber, whose real name is Jimmy Donaldson, is said to have spoken with several wealthy individuals and financial firms about taking part in the investment round, which would help to expand his business.
The world’s biggest YouTube star, MrBeast, is planning to raise hundreds of millions of dollars in a move that would reportedly value his company at roughly $5bn (£3.9bn).
If successful, fresh funding would help to further expand Donaldson’s business, having already become the biggest YouTuber in the world with more than 367 million subscribers to his channel.
He has since expanded beyond those videos, launching food brands including Feastables and MrBeast burgers, which have been distributed through “ghost kitchens” used by food delivery companies in locations across the US, UK and Australia.
