Tyler Perry is Officially a Billionaire

Tyler Perry
LOS ANGELES, CA. October 01, 2019: Tyler Perry at the Hollywood Walk of Fame Star Ceremony honoring Tyler Perry. Pictures: Paul Smith/Featureflash - Image (Editorial credit: Featureflash Photo Agency / Shutterstock.com)

Tyler Perry is officially a billionaire.

According to a new Forbes report, Tyler Perry’s net worth is the latest member of the billionaire club. Here’s a breakdown of how Forbes calculated Tyler Perry’s net worth.

  • $320 million for his collection of productions, including his movies, TV shows, and plays.
  • $300 million in cash and investments
  • $280 million for Tyler Perry Studios in Atlanta, Georgia
  • $60 million equity in BET+, the streaming service
  • $40 million in homes

It is crucial to note Tyler Perry once said Hollywood ‘ignored’ him. Tyler Perry was once homeless before he finally made it into the film industry. Since his meteoric rise to stardom, the actor has been a significant influencer in Hollywood by doing things his way and rejecting the traditional Hollywood model.

Tyler Perry says the industry has overlooked his impact in the film industry. “I clearly believe that I’m ignored in Hollywood, for sure, and that’s fine. I get it,” Perry told Gayle King in an interview for “CBS This Morning”.

“My audience and the stories that I tell are African-American stories specific to a certain audience, specific to a certain group of people that I know, that I grew up, and we speak a language,” he added. “Hollywood doesn’t necessarily speak the language. A lot of critics don’t speak that language. So, to them, it’s like, ‘What is this?’”

“I know what I do is important. I know what I do touches millions of people around the world,” he added. “I know how important every word, every joke, every laugh [is]. I know what that does for the people where I come from and the people that I’m writing for. So, yeah, I get that.”

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