Film maker Tyler Perry has joined the billionaires club with an estimated net worth of $1bn.
According to a Forbes Report detailing his rise from being “poor as hell” to rich and powerful, here is a breakdown of how his net worth is calculated:
— $320 million for his entire library of movies, TV shows, plays, etc., as he owns 100% of the content he’s created
— $300 million in cash and investments
— $280 million for Tyler Perry Studios, which sits on 330 acres in Georgia
— $60 million for his equity stake in BET+, the streaming service that debuted last year.
— $40 million in homes and toys
Let’s do the maths: $320m + $300m + $280m + $60m + $40m = $1bn!!!
A grass to grace story…Now here goes the latest Billionaire! Congrats Tyler!