Tyler Perry is known for moving at a fast pace, and it looks like is reign isn’t letting up anytime soon.
In an extensive Forbes profile, it was revealed that the multihyphenate and Madea maestro is now a “Hollywood’s newest billionaire.” This is totaled by the following: his library of movies, TV shows, plays, etc., as he owns 100% of the content he’s created ($320 million), cash and investments ($300 million), Tyler Perry Studios ($280 million), his BET+ stake ($60 million) and homes and toys ($40 million).
Forbes breaks it down as follows: “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.”
Earlier this year, Perry started a lot of discourse online when he revealed that none of his current shows have writers’ rooms and that he writes them all himself. When Shadow and Act asked him about it, he said, “I am very specific about who I’m writing for, who I’m writing to, and whether there’s a discourse, that’s on them. For me, I know exactly what I’m doing. I know exactly who I’m speaking to,” he said. “That’s why The Haves and Have Nots returned at number one. That’s why The Oval is number one. That’s why Sistas is number two. So I have the one, two and three top shows among African American people, so if people don’t get that, that’s on them. I got me. I know what I’m doing. So whatever discourse it is, they can have that.”