MrBeast And Group Of Investors, Including Roblox CEO, Lock In Over $20 Billion For TikTok Takeover

A group of U.S. investors, with backing from YouTube star Jimmy Donaldson, also known as MrBeast, has amassed over $20 billion to bid for TikTok.

What Happened: The group, led by tech entrepreneur Jesse Tinsley, includes Roblox Corp. (NYSE:RBLX) CEO David Baszucki and Anchorage Digital CEO Nathan McCauley as investors, reported Bloomberg on Wednesday.

Tinsley told the publication that their offer is “significantly higher” than a competing $20 billion bid. He may have been referring to the Project Liberty bid by former Los Angeles Dodgers owner Frank McCourt and “Shark Tank” star Kevin O'Leary.

See Also: MrBeast’s Net Worth Hits $1 Billion—But In 2023, He Promised To ‘Give Away’ All His Money. What ...

Full story available on Benzinga.com