NEWS

Tyler Perry Is Now a Billionaire

According to ForbesTyler Perry is officially a billionaire. The details of his success are written about in a long-form article entitled From “Poor As Hell” to Billionaire: How Tyler Perry Changed Show Business Forever. If you don’t have the time, the name of that write-up should be enough to support our opening sentence. 

 His wealth breaks down like so: $320 million comes from his entire library of films, TV shows, plays, and whatever else he’s made. He owns 100 percent of the content. $300 million comes from cash/investments. His 330-acre Tyler Perry Studios lot in Georgia is valued at $280 million. $60 million comes from his stake in BET’s streaming service BET+, which came out in 2019. He also has $40 million in “homes and toys,” in this instance “toys” is a cute fill-in word for stuff like planes. That adds up to exactly $1 billion so if he loses a dollar we’ll update.

“I love when people say you come from ‘humble beginnings,’ ” he said to the outlet. “[It] means you were poor as hell.” 

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