- Tyler Perry was announced as a billionaire by Forbes through a publication on Tuesday, September 1
- Forbes estimates his nett worth at $1 billion (about R16.8 billion)
- He joins a group of black billionaires that includes Michael Jordan, Oprah Winfrey, Jay-Z and Kanye West, among others
American actor and director Tyler Perry has officially joined the billionaires club.
In a report by Forbes, they state the actor and entrepreneur is now worth a billion dollars, thanks to his dedication to business.
The publication arrived at the conclusion by breaking down Perry’s assets, including $300 million in cash and investments, a content library worth $320 million, his sprawling Atlanta studio and multiple personal properties.
Perry joins a group of black billionaires that includes Michael Jordan, Oprah Winfrey, Jay-Z and Kanye West.
Tyler Perry's nett worth
Forbes estimates the actor 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.
The renowned playwright was once homeless and raised in poverty in New Orleans.
“I love when people say you come from ‘humble beginnings. Means you were as poor as hell. It also makes success sweeter. Ownership changes everything," he told Forbes.
The publication estimates his nett worth at $1 billion with a clear path to future membership in The Forbes 400.
In the report that was released on Tuesday, September 1, it says the 51-year-old filmmaker owns the entirety of his creative output.
He has produced more than 1,200 episodes of television, 22 feature films and at least two dozen stage plays as well as owns a 330-acre studio lot at the edge of Atlanta’s southern limits.
In other news, Briefly.co.za reported the story of a man who was captured jumping on a money truck.
The guy was filmed holding onto the back of a cash van in a video shared on Facebook last Wednesday by social media user Boost Justice Mokoena.
The clip quickly gathered over 11 000 views and it left netizens both stunned and amused.
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