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  1. Feb 21, 2024 · According to Forbes, Carving his blueprint has paid off for Perry, who is now a billionaire. He went from being rejected by banks and unable to pay off his credit card debt to now seeing himself...

  2. Feb 17, 2023 · Tyler Perry is a billionaire thanks to his Madea franchise and Tyler Perry Studios. He gave Meghan Markle and Prince Harry a home and security detail in Los Angeles.

    • Henry Blodget
    • Stage to screen
    • Madea Movies
    • Atlanta Studios
    • Bet
    • "Ownership"

    Perry's career began as a playwright and developed a large following with an estimated 35,000 people a week attending his stage productions. This led to him funding his first movie, Diary of a Mad Black Womanin 2005, which went on to gross over $50 million. Perry's foray into the world of television started with The CW buying his series House of Pa...

    14 Madea movies came out in 11 years, grossing more than $670 million at the box office and netting Perry about $290 million in fees and profit, Forbesestimates.

    Perry now owns a 330-acre studio near Atlanta which is home to his creative projects. The expansive lot—which is more than twice the size of the storied Warner Bros. backlot in Burbank, California—is also used by other production companies, which provides huge earnings for Perry. The site is worth $280 million and has seen Perry use that as leverag...

    Perry got in the streaming race early and aside from the BET+ deal, the network will pay him $150 million annually to produce a minimum of 90 episodes of new TV each year until 2025. The rights to these shows, which includes House of Payne, Meet the Browns and For Better or Worse, will revert to Perry after 2025.

    Perry credits Oprah Winfrey with teaching him the importance of ownership. Speaking about Winfrey to Varietylast year, Perry said: "I wouldn't be in the seat that I am now if I didn't understand how important it was to own everything you do—own your brand, own your show, own your movies." According to Forbes, Perry's films alone have grossed nearly...

  3. Sep 2, 2020 · Tyler Perry has reached billionaire status. The filmmaker and philanthropist was named Hollywood's latest member of the wildly exclusive club in a recent issue of Forbes.

    • 2 min
    • Zach Seemayer
  4. Jul 18, 2023 · Perry says the towering support from the Black dollar allowed him to self-fund the multimillion-dollar studio without the need to seek private equity investment.

  5. Sep 2, 2020 · One of the things it changed is his bank account. Forbes has added Perry to its list of billionaires and estimates that he has earned “more than $1.4 billion in pretax income since 2005.”

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  7. Jun 14, 2023 · Tyler Perry is one of the richest people in Hollywood with a net worth of $1 billionhere's how Tyler Perry made all his money, and how he spends it.

    • 21 min
    • Mehera Bonner