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.