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 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).

“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.” Forbes Magazine said

Perry now joins Amazon’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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