American actor and movie producer, Tyler Perry, has now been listed on Forbes list as a billionaire.
The details of his success are written in an article by Forbes entitled ”From ‘Poor As Hell’ to Billionaire: How Tyler Perry Changed Show Business Forever”.
The Hollywood actor owns the entirety of his creative output which include more than 1,200 episodes of television, 22 feature films and at least 24 stage plays, as well as a 330-acre studio (Tyler Perry Studio) located in Atlanta.
Breakdown of Tyler Perry’s Net Worth By Forbes
Although his movies have grossed nearly $1 billion to date, and he owns the right to all of them. Forbes has now made a breakdown of Tyler’s milestone net worth. It is listed as follows;
- $320 million for his entire library of movies, TV shows, plays, etc, as he owns 100% of the content he’s created.
- $300 million in cash and investments.
- $280 million for Tyler Perry Studios, which sits on 330 acres in Georgia.
- $60 million for his equity stake in BET+, the streaming service that debuted last year.
- $40 million in homes and toys.
When summed up, the filmmaker now worth a cool $1billion. Forbes also reports that Perry has earned in excess of $1.4 billion since 2005.
According to Forbes, Perry used his ownership of all his creative output to broker a deal with ViacomCBS that pays him $150 million a year for new content and gives him an equity stake in BET+.
The filmmaker has homes in Atlanta, New York, Los Angeles, and Jackson Hole, Wycoming, as well as two private jets.
Tyler Perry has now joined the likes of Robert F. Smith, Michael Jordan, Oprah Winfrey, David Stewart, Jay-Z and Kanye West in the group of black billionaires.
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