Tyler Perry is an American actor, director, playwright, and producer with an estimated net worth of $800 million. Perry is also a successful screenwriter. Tyler Perry is one of the most successful film directors in Hollywood. Over the course of his career, he has directed and produced more than 30 films, 20 stage productions, and eight television programs. He makes between $200 and $250 million a year from his entertainment company. ViacomCBS is the sole source of his production company’s $150 million annual revenue.
Tyler is the epitome of a self-made billionaire. I Know I’ve Been Changed was the first play he ever wrote and produced, and it was the beginning of his career. It all started with a play that Tyler wrote while living in his van. Every penny of Tyler’s revenue, expenses, and profits is his to keep or reinvest.
What is Tyler Perry’s net worth and Salary?
Net Worth: | $800 Million |
Salary: | $80 Million |
Date of Birth: | Sep 13, 1969 (52 years old) |
Gender: | Male |
Height: | 6 ft 5 in (1.96 m) |
Profession: | Screenwriter, Playwright, Film Producer, Television producer, Actor, Film director, Theatre Director, Television Director, Author, Songwriter |
Nationality: | United States of America |
Early Life
He and his three siblings were all born on September 13, 1969, to Emmit Perry Sr. and Willie Maxine Perry in Hollywood, California.
Throughout his childhood, he was physically beaten by his father, which caused him to suffer from suicidal thoughts. He even attempted suicide more than one time.
He sought solace in his mother’s presence that he accompanied her to church each and every Sunday for years.
When he was 16 years old, he changed his name to Tyler and dropped out of high school to remove himself from his father.
As a young guy, he heard a comment on the Oprah Winfrey show suggesting that writing helped people overcome sadness and motivate them. As a result, he began writing the musical ‘I Know I’ve Been Changed,’ which would be premiered in 1992.
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Career
Tyler continually revised and replicated his musical following its initial presentation, despite his financial instability. As Tyler’s 1998 musical “I Know I’ve Been Changed” was highly received, it proceeded to perform in a variety of venues.
I Can Do Bad All by Myself” was staged in 2000 and included Tyler Perry’s famed “Madea” character, who was played by himself in the play.
‘Diary of a Mad Black Woman’ followed ‘Madea’s Family Reunion’ were both well-received by the public a year later.
‘Madea’s Class Reunion‘ was released in 2003, and it led to his debut tour. ‘Diary of a Mad Black Woman’, Perry’s first feature film, was released in 2005 and was an instant hit.
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As part of his new TBS series titled “Tyler Perry’s House of Payne,” Perry shot “Madea’s Family Reunion” in 2006 and premiered the film.
‘Don’t Make a Black Woman Take Off Her Earrings: Madea’s Uninhibited Commentaries on Love and Life’ was published by him later that year.
In 2007, he released “Daddy’s Little Girls,” and in 2008, “Meet the Browns,” which was so successful that it was converted into a television sitcom the following year.
Ongoing productions include “Good Deeds,” “Why Did I Get Married Too?” and “A Madea Christmas,” as well as “Acrimony,” which was released in 2014.
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Other Work
Perry’s acting credits include Star Trek (2009), Alex Cross (2012), Gone Girl (2014), Teenage Mutant Ninja Turtles: Out of the Shadows (2016), and Vice (2018).
Madea’s Uninhibited Commentaries on Love and Life: Don’t Make a Black Woman Take Off Her Earrings (2006) sold 30,000 copies and reached #1 on the New York Times Best Sellers list, while Higher is Waiting (2017) debuted at #5 on the New York Times Best Sellers list.
Tyler Perry Studios
Tyler Perry Studios, a film production company in Atlanta, was established in 2006 by Tyler Perry.
In 2019, Perry finally unveiled Tyler Perry Studios’ new home, which is located on the 330-acre former military base Fort McPherson that he purchased four years ago. They used it for their military bases during the Civil War. When Perry bought the property for $30 million, he invested another $250 million in improvements and renovations.
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Several episodes of The Walking Dead have been shot on the premises. Permanent sets include a replica of the White House, a trailer park, a luxury hotel, and a 16,000-square-foot mansion on the studio lot, which is approximately 50,000 square feet. The first film to be shot on the lot was Black Panther, a blockbuster Marvel film.
This studio, one of the largest in the world, made Tyler the first African-American to own a significant studio. In a given year, other studios such as Netflix and Amazon spent $100 million renting the studio’s facilities for their productions.
BET+
Tyler Perry Studios was paid $150 million per year by ViacomCBS to produce content for the BET+ streaming network as part of a deal struck. Tyler personally received an equity stake in the network. The current market value of that stake is somewhere around $50 million dollars.
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Personal Life
Emmitt Perry, Sr., was an abusive father to Perry, so Perry legally changed his first name at the age of 16 to distance himself from him. However, a few years later, it was discovered that Emmitt Sr. was not Perry’s biological father.
A long-term relationship with model and social activist Gelila Bekele has existed between Perry and the unmarried woman since 2009. Bekele gave birth to their son Aman Tyler Perry in November of that year.
Outside of his work in television and film, Perry is involved in numerous charitable organizations and frequently donates his time and resources to those in need. Perry, for example, sponsored 65 children from a day camp in Philadelphia to visit Walt Disney World in 2009.
Controversy
In October 2008, the Writers Guild of America, West filed charges with the National Labor Relations Board alleging that Tyler Perry Studios unlawfully fired four writers in retaliation for their attempt to obtain a union contract. A month later, the issue was resolved.
Tyler Perry threatened to take legal action against a Memphis-based tax preparation company in early 2009 for running an advertisement that parodied his work—specifically the film Madea Goes To Jail—and that was broadcast on television. Ma’Madea, a large Caucasian man dressed in drag, was featured in the ad. The television ad was eventually taken off the air.
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Real Estate
The majority of Tyler Perry’s time is spent in Atlanta, where he is currently building a sprawling new home just a few blocks from the Tyler Perry Studios headquarters. He is reportedly planning to turn a portion of his property into an organic farm. A mansion in Atlanta, Georgia, where Perry had lived for nine years, was sold for $17.5 million in May 2016.
Perry also owns a 14,000-square-foot home on 20 acres of land on White Bay Cay, a private island in the Bahamas. In 2009, he reportedly shelled out $6.4 million for the property, according to reports.
After only nine months, Perry decided to sell his $14.5 million Mulholland Estates 10-bedroom mansion. Singer-songwriter Pharrell Williams bought the mansion from him for $15.6 million and renovated it.
Beverly Ridge Estates, a gated community in Los Angeles, is where he still owns a second home.. Perry designed and built a 25,000-square-foot mansion on the 22.5-acre property, which he subsequently sold. Harry and Meghan Markle were renting the house as they started a new life in LA in 2020. This house is estimated to be worth over $20 million based on recent sales of similar properties in the neighborhood.
Private Jet
The Gulfstream III private jet Tyler owns reportedly cost $125 million to acquire and customize. A 42-inch LCD flat screen and a satellite connection are included in the screening room on the jet. Customizations and furnishings for the formal living area, kitchen, and VIP bedroom cost at least $50 million. He’s flown the plane on humanitarian missions, bringing supplies to countries that have recently been devastated by disasters. He has a second private jet of the same type.
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