Home News & Events Tyler Perry Is Officially A Billionaire – Forbes Reveals

Tyler Perry Is Officially A Billionaire – Forbes Reveals

Tyler Perry Is Officially A Billionaire, Forbes

– Tyler Perry Joins The Growing List of Black Billionaire According To Forbes

American actor, writer, producer and director, Tyler Perry has officially been declared a billionaire according to Forbes list.

According to Forbes, Perry has a net-worth of $1 billion and has earned more than $1.4 billion in pretax income since 2005. Forbes also revealed that the producer and actor has exclusive right to his creative output, which includes more than 1,200 television episodes, 22 films, at least two dozen plays and a 330-acre studio lot in Atlanta.

While sharing some of the secret to his fortune, Tyler said:

“My father was a subcontractor, and he would get paid on Fridays and be so happy that he had made $800, But I would watch the man that owned the house sell it and make $80,000.

“So I always knew that there was more power in the man that owned the house rather than the man that actually was working on it and building it. So I always wanted to be the guy that owned the house.

“Ownership for me was easy because I was underestimated. They said, ‘Sure, you can own it. They didn’t think it’d be worth anything.”

On lack of diversity in his movies, Perry said; “I wanted to foster an environment where minorities and women and LGBTQ, anybody who wanted to come and work and do a great job was welcome.

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“What I found is, if you invest in the underdog, if you invest in the people who haven’t had the opportunity, the level of gratitude and understanding for what is happening for them is so powerful. It’s just wonderful.”  

Perry who created and performs the very popular and well liked character, Madea, joins the rising group of Black men to be on the billionaires list, with the likes of Robert F. Smith, Michael Jordan, Oprah Winfrey, David Stewart, Jay-Z and Kanye West all claiming a spot on the highly exclusive list.

It was also reported that his movies alone have grossed nearly $1 billion to date, and he owns the rights to all of them.

Tyler Perry who recently just brokered a deal with ViacomCBS that pays him $150 million a year for new content and gives him an equity stake in BET+, the streaming service it debuted last September also boost of homes in Atlanta, New York, Los Angeles and Jackson Hole, Wyoming, as well as two private jets.


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