Name | Tyler Perry |
Age | 54 years |
Height | 1.96 m |
Occupation | Actor, Director, Producer, Screenwriter |
Source Of Income | Producing, Directing, Acting, Writing |
Net Worth | $800 million |
Residence | Atlanta |
If we have to name self-made billionaires, one of them will be Tyler Perry. He directed a film titled ‘A Jazzman’s Blues.’ The mogul wrote the screenplay 28 years ago but released the film on Netflix in 2022. The film got rave reviews from critics.
Perry is a very successful actor, director, producer, and playwright. He rose to fame playing an agony African-American granny, Madea. He produced and directed over 30 films and 20 stage productions. Despite criticisms from people like Spike Lee, it did not deter him to become what he is today. The successful media mogul took 30 years to build his empire. So, what is Perry’s net worth?
Tyler Perry Net Worth
According to Celebrity Net Worth, Tyler Perry’s net worth is $800 million. The mogul’s story is that of rags to riches. Perry’s wealth is mostly sourced from his Madea character royalty. He earned $700 million with the character. Tyler founded his production house named Tyler Perry Studios. In 2019, he shifted the base of the studio to a 330-acre former military base. He paid $30 million for the land and $250 million for the renovation. Films like ‘The Walking Dead,’ and ‘Black Panther were shot in the studio. Both OTT giants Netflix and Amazon spent $100 million.
Perry also struck a deal with Viacom CBS which gives him $150 million per year for content production. He also has an equity share in the network which is valued at $50 million. Tyler owns a mansion in the Beverly Ridge neighborhood and expanded on the 22-acre land. In 2016, he sold his Atlanta mansion for a whopping amount of $17.5 million. In 2020, he is building a new mansion outside Atlanta. He also owns two private jets worth $125 million. Perry utilizes them to supply essentials to distressed countries.
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Tyler Perry: Early Life And Career
Tyler Perry was born in New Orleans, Louisiana. His father’s name is Emmit Perry Sr., and his mother’s name is Willie Maxine Perry. Though Tyler did not pursue a high school education, he got a GED. Unfortunately, a friend’s mother sexually abused Tyler. This did shatter him, but he found hope in writing. The source of this inspiration was Oprah Winfrey’s show. He started doing live theater, and the letters he wrote to himself became a stepping stone to his stage drama titled ‘I Know I’ve Been Changed. ‘
Perry was destined to be in the industry. Still in New Orleans, he worked at Windsor Court Hotel. There used to be the National Association of Television Program Executives conference. He used to steal the left badges to enter the conferences. This is where he met the ex-host of ‘Wheel of Fortune’, Pat Sajak. He earned $12,000 from selling cars and his bill collector job, which he put into his first production. After the success of the production, he went on tours and built a repertoire. On the road, he created his iconic Madea.
In 2005, Perry went to Lionsgate with a script proposal. For the film, they required a $5.5 million budget. Tyler promised to invest half the money. This created the first film production of Tyler’s ‘Diary Of A Mad Black Woman.’ The film grossed $50 million and earned $150 million from TV and video rights. Perry has created and produced 14 Madea films which helped him to gain 700 million dollars. For TV, he produced ‘Tyler Perry’s House of Payne’ which ran for eight seasons. Perry acted in films like ‘Star Trek, ‘ ‘Gone Girl, ‘ ‘Teenage Mutant Ninja Turtles: Out of Shadows,’ etc.
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