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Tyler Perry Is Officially A Billionaire!

Tyler Perry Is Officially A Billionaire!. Its official, Tyler Perry is officially a billionaire, by Forbes assessment. The big money publication just dropped their annual billionaire list. What’s interesting are the 493 first-time billionaires that include none other than Kanye West, newly minted Kim Kardashian and Hollywood mogul Tyler Perry.

The creator of the wildly successful Madea franchise and owner of one of the newest, state of the art studios in America, emerged on the list at number 2,677 amassing $1 billion from projects including the Haves and Have Nots, Tyler Perry’s Sistas, and Tyler Perry’s The Oval among other notably credits.

Forbes said: “He has honed a product that too many others viewed as destined for the discount bin. And he made sure to control it all. The 51-year-old entertainer owns the entirety of his creative output, including more than 1,200 episodes of television, 22 feature films and at least two dozen stage plays, as well as a 330-acre studio lot at the edge of Atlanta’s southern limits. He used that control to leverage 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. Forbes estimates Perry has earned more than $1.4 billion in pretax income since 2005, which he used to buy homes in Atlanta, New York, Los Angeles and Jackson Hole, Wyoming, as well as two planes.”

Tyler Perry is an American actor, director, producer, and screenwriter. In 2011, Forbes listed him as the highest-paid man in entertainment, earning US$130 million between May 2010 and May 2011. Perry created and performs the Madea character, a tough elderly woman. Perry’s films vary in style from orthodox filmmaking techniques to filmed productions of live stage plays. Many of Perry’s stage-play films have been subsequently adapted as feature films. Perry wrote and produced many stage plays during the 1990s and early 2000s. Perry has developed several television series, most notably Tyler Perry’s House of Payne, which ran for eight seasons on TBS from June 21, 2006 to August 10, 2012. On October 2, 2012, Perry struck an exclusive multi-year partnership with Oprah Winfrey and her Oprah Winfrey Network. The partnership was largely for the sake of bringing scripted television to OWN, based on Perry’s previous success in this area.

Amazon’s Jeff Bezos earns the No. 1 spot with a whopping $177 billion. Elon Musk was second with $151 billion. Jay-Z is on the list at No. 2,141 with a net worth of $1.4 billion.

By Thomas Chiothamisi

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