SAN FRANCISCO, September 02, (THEWILL) – Actor, producer, director and businessman, Tyler Perry, has hit billionaire status, with a net worth of $1B and has since 2015 accumulated more than $1.4B in pretax income, according to Forbes.
Forbes also disclosed that the actor took in $320m from his library of movies, TV shows and plays as well as $300m in cash and investments from his wholly owned entertainment contents.
His Tyler Perry Studios which sits on 330 acres in Georgia is worth $280M, $60 million in equity in BE, while his house and cars are worth $40 million.
“I love when people say you come from ‘humble beginnings. It means you were as poor as hell. It also makes success sweeter,” Tyler Perry said.
“Ownership changes everything. You got to understand, I had no mentors. My father doesn’t know anything about business. My uncles and mother, they know nothing about this.
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“I didn’t go to business school. Everything I’ve learned, I’ve learned in progress… The ignorance I had about Hollywood was so wonderful, looking back on it.”