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BY Abu Mubarik, 6:50pm June 20, 2023,

With an estimated net worth of $1.3B, here are four businesses owned by Tyler Perry

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by Abu Mubarik, 6:50pm June 20, 2023,
Tyler Perry. Photo via @tylerperry on Instagram

American actor, playwright, director and entrepreneur, Tyler Perry, like many successful black people, started his journey from a humble beginning. He grew up in a poor home and had an abusive father. At a point, Perry had to make a home in his car; however, he is a celebrity billionaire today.

In 2020, the veteran Hollywood filmmaker and business mogul became a new member of the “billionaires club” with a net worth of $1 billion. One of the contributory factors to Perry’s success and rise on the financial ladder is credited to his exclusive 100% ownership of his works.

This includes over 1,200 television episodes, 22 movies, at least 24 stage plays, as well as his 330-acre multifaceted Atlanta studio that he officially opened in 2019. All of Perry’s films, which he also fully owns the have also grossed almost $1 billion in revenue.

“I love when people say you come from ‘humble beginnings,’” Perry told Forbes. “[It] means you were poor as hell.” It also makes success sweeter, he added. “Ownership, changes everything.”

Per a breakdown of his fortune done by Forbes, Perry earned $300 million in cash and investments, $320 million from his catalog of movies, shows, plays, etc, $280 million for his 330-acre Tyler Perry Studios in Atlanta, $60 million for his BET+ equity stake and $40 million in homes and toys.

The bulk of his earnings come from his acting and other related businesses. Below are some businesses owned by the actor and entrepreneur.

Last Edited by:Sandra Appiah Updated: June 21, 2023

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