The well-known YouTube video maker Mr. Beast is at it again.
The internet personality purchased the railroad company Watco for $220 million, Mr Beast (Real name Jimmy) announced on twitter.
The purchase was confirmed by Watco on Friday. Mr. Beast has stated that he is planning on using the company to launch his own freight logistics network, and it will be part of an upcoming video on his channel.
It’s not clear when Mr. Beast will officially unveil his logistics venture, but Railnews reports that the company is already on track to deliver the first cargo.
Earlier this month, it was reported that the youtuber and businessman had recently purchased a fleet of freight rail cars for about $90 million. This fleet will allow for capacity to be increased on the railroad system. In addition to new equipment, track upgrades will take place on Watco mainlines to raise speed limits, a spokesperson stated over email.
As for the company’s actual name, Mr Beast reports that it will be called Beast Logistics Corporation.
Nothing has changed yet, but the company plans to start gradually rebranding the system to Beast Logistics, namely locomotives and structures that bear the logo.
Mr. Beast stated that the company plans to expand their network by buying up other, smaller railroads and connecting their system together over time.
The Mr. Beast brand has managed to gain a significant amount of publicity over the last few years with its videos. His comedic videos frequently show the entertainer doing various challenges, sometimes with just himself or with many people. Mr. Beast has not yet revealed when the video will be released or what else will be contained in it.
