YouTube star MrBeast is currently defending his reputation following a misquote attributed to him by the gaming and entertainment news site Kotaku. The site claimed he stated, 'life is easier when you’re broke' during an interview on the 'Diary of a CEO' podcast. MrBeast has publicly denied this statement, asserting that he never made such a claim and criticized the media for spreading false information. In response to the backlash, he expressed concern over the impact of the misquote, stating that he is waking up to millions believing the lie and hating him. Meanwhile, MrBeast is also in the process of raising approximately $200 million to expand his business, which could value his company at around $5 billion, according to sources familiar with the matter.