Four years ago, Forbes magazine did a deep dive into Tyler Perry’s finances and declared he had enough assets to be a billionaire.
Earlier this month, Forbes updated its billionaire list and the Atlanta media mogul remains a member of this semi-exclusive club that numbers 2,781 worldwide.
Even at a time when inflation has eaten away the value of being a millionaire, becoming a billionaire is still an impressive achievement.
Perry, who grew up poor and briefly lived in his car, is the true definition of self-made. Forbes now estimates his worth to be $1.4 billion, ranking him 2,152.
In a current Forbes mini-profile of him, the magazine notes that “Perry’s wealth comes both from his cut as a producer and from a library dating back to the early 1990s: he owns 100% of the content he’s created.” His “Madea” franchise, as noted, generated more than $600 million in box office grosses, although his last “Madea” film went straight to Netflix. He has current deals with Viacom, Netflix and Amazon and attempted to buy BET last year. (Paramount Global ended up keeping BET instead of selling it.)
On the billionaires list, Perry’s mentor Oprah Winfrey, at $2.8 billion, is ranked 1,187. Hip-hop legend Jay-Z is at $2.5 billion, ranked 1,330. CNN founder Ted Turner is at $2.5 billion. Taylor Swift entered the list for the first time with an estimated net worth of $1.1 billion.
Last year, Perry ranked No. 3 on the list of highest paid entertainers of 2022 on a separate Forbes list, earning an estimated $175 million in 2022.
FAQs
Even at a time when inflation has eaten away the value of being a millionaire, becoming a billionaire is still an impressive achievement. Perry, who grew up poor and briefly lived in his car, is the true definition of self-made. Forbes now estimates his worth to be $1.4 billion, ranking him 2,152.
Is Tyler Perry a billionaire now? ›
Filmmaker and entrepreneur Tyler Perry is a billionaire. His Atlanta studios receive massive tax write-offs, premised on the idea that his success will inspire others.
What is Tyler Perry's famous quote? ›
It doesn't matter how many times you fall as long as you keep getting back up. Tyler Perry's quote, "It doesn't matter how many times you fall as long as you keep getting back up," encapsulates the essence of resilience and determination.
How many billions is Tyler Perry worth? ›
Tyler Perry's net worth in 2024 is $1.4 billion, per Forbes.
Is Taylor Swift a billionaire? ›
The financial news outlet said she is the first artist to achieve billionaire status solely on the basis of her music, and estimated she has a $1.1 billion fortune.
Is Tyler Perry on the Forbes list? ›
Four years ago, Forbes magazine did a deep dive into Tyler Perry's finances and declared he had enough assets to be a billionaire. Earlier this month, Forbes updated its billionaire list and the Atlanta media mogul remains a member of this semi-exclusive club that numbers 2,781 worldwide.
How much money does Tyler Perry have in the bank? ›
Here's how the Hollywood mogul makes and spends his $1 billion fortune. Tyler Perry is a billionaire thanks to his Madea franchise and Tyler Perry Studios.
How much did Taraji P Henson make for Tyler Perry? ›
“I didn't get paid that until I did my first Tyler Perry film. He was the first person that gave — that broke the standard that I was getting paid for films, and he gave me $500,000.”
What does Tyler Perry pay his actors? ›
How much does an Actor make at Tyler Perry Studios in the United States? The estimated average pay for Actor at this company in the United States is $753 per week, which is 82% below the national average.
Is any singer a billionaire? ›
As of 2024, six music artists have reached the billionaire status on Forbes reports: Jay-Z leading the list with US$2.5 billion, and becoming the first billionaire music artist, followed by Rihanna (the first billionaire female artist), Taylor Swift—the first primarily billionaire artist on the basis of her music and ...
Clemente Del Vecchio
Clemente was at one time the world's youngest billionaire (at the age of 18), but he has since aged out of that title, which is now held by Livia Voigt.
Is Tyler Perry the richest actor in the world? ›
Tyler Perry holds the title of the second richest actor globally. Known for his versatility, Perry has diversified his income through various ventures, notably Atlanta Studios, his Madea Movies franchise, and the successful sale of his series “House of Payne” to The CW, which garnered significant ratings.
How much money has Tyler Perry donated? ›
Out of that $2.75 million donation, Perry has already given $750,000 that will specifically go toward paying off all back property taxes for 300 low-income seniors in Atlanta. It will cover not only city taxes, but back county and school taxes as well.
