Tyler Perry officially worth $1 billion
Sep 2, 2020
Tyler Perry has been all over social media for hours after it was pronounced that he is is officially a billionaire.
It was reported that the actor and entrepreneur is now worth a billion dollars.
The 50-year-old actor has taken in $1.4 billion in pre-tax income since 2005, and is currently worth $1 billion in total.
The mogul joins a group of Black billionaires that includes Robert F. Smith, Michael Jordan, Oprah Winfrey, David Stewart, Jay Z and perhaps Kanye West.
He was able to rise from being “poor as hell” to rich and powerful.
The numbers are in … here’s a breakdown of Tyler’s milestone net worth:
$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
Summing it up, it is $1 billion.
Well, he really hustled hard and he is happy he has finally gotten to a good point.