Papa Keith

Papa Keith

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Tyler Perry Joins The Billionaire Club

Tyler Perry is officially a billionaire!

There are nearly 3,000 billionaires and 493 are first-timers that includes Kanye West, Kim Kardashian and Tyler Perry.

Perry is number 2,677 with $1 billion from projects, as he owns 100% of the content heโ€™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).

โ€œHe 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 Atlantaโ€™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.โ€ Forbes Magazine said

Perry now joins Amazonโ€™s Jeff Bezos who's No. 1 spot with $177 billion, Elon Musk second with $151 billion, and Jay-Z at No. 2,141 with a net worth of $1.4 billion.


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