Entertainment & SocietyTyler Perry Hits Billionaire Status

Tyler Perry Hits Billionaire Status

THEWILL APP ADS

Date:

  Ask ZiVA 728x90 Ads

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.

ALSO READ: Perry Writes About The ‘Higher’ Power That Sustains Him

“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.”

THEWILL APP ADS 2

More like this
Related

Isa Youths Laud Senator Lamido’s Achievement

September 29, (THEWILL) – Isa Youth Global Link Initiative,...

FG Donates 64 CNG Buses To Organised Labour, Students

September 29, (THEWILL) – The Federal Government, on Sunday,...

CBN Gov Cardoso Champions Africa’s Voice At Bretton Woods 80th Anniversary Forum

September 29, (THEWILL) – The Governor of the Central...