Tyler Perry Net Worth
Tyler Perry net worth: Tyler Perry is an American actor, director, playwright and producer who has a net worth of $600 million. Tyler Perry is, far and away, one of the most financially successful directors in the entertainment industry. Over the course of his career, he has directed and produced more than 30 movies, 20 stage productions, and eight TV shows. Every year, he personally earns between $100 and $150 million from his sprawling entertainment empire.
Early life: Perry was born Emmitt Perry, Jr., on September 13, 1969 in New Orleans, Louisiana. He did not complete high school, but earned a GED. After suffering abuse at the hands of several family members during his younger years, Tyler began writing as a way to help heal his mental wounds. During his early 20s, an episode of The Oprah Winfrey Show, which described the positive and therapeutic impact writing can have on a person, inspired him to pursue a career in the field.
Writing proved to be a beneficial escape for Perry. He went on to write himself a series of letters that later became the jumping off point for the musical I Know I've Been Changed. This, as well as his other stage productions, quickly gained a fan following throughout Atlanta and beyond, peaking at more than 35,000 audience members per week.
Prior to filming a single Hollywood movie, Perry reportedly sold more than $100 million worth of tickets to his plays, as well as $30 million worth of related videos and merchandise.
Due to this prosperity, Perry was able to raise a $5.5 million budget for his first movie, Diary of a Mad Black Woman. The 2005 film grossed $50.6 million domestically.
Success: Perry's directorial debut came in 2006 with his second film, Madea's Family Reunion, which opened at number one at the box office with $30.3 million. The film ultimately grossed $65 million. (And he has directed each of the succeeding Madea films.)
His 13 most prominent films have grossed more than $600 million dollars at the box office, and each film cost less than $10 million to make. Since Perry writes, directs and produces all of his movies almost entirely independently, he is able to take home the lion's share of each of his film's profits.
Perry's films are typically targeted towards an African American audience and they often include subtle nods to Christianity.
Perry's popular sitcom, Tyler Perry's House of Payne, ran for eight seasons—from June 21, 2006, to August 10, 2012 on TBS. He also wrote, directed and produced Meet the Browns, which premiered on TBS in January 2009 and came to an end on November 18, 2011.
Perry has also had acting roles in Star Trek (2009), Alex Cross (2012), Gone Girl (2014), Teenage Mutant Ninja Turtles: Out of the Shadows (2016) and Vice (2018).
In 2011, Perry was listed as the highest paid man in entertainment, after he earned a total of $130 million from May 2010 to May 2011. He has continued on that track every year since.
Additionally, Perry has authored two books: Don't Make a Black Woman Take Off Her Earrings: Madea's Uninhibited Commentaries on Love and Life (2006), which sold 30,000 copies and reached #1 on the New York Times Best Sellers list, and Higher is Waiting (2017), which debuted at #5 on the New York Times Best Sellers list.
Tyler Perry Studios: Atlanta-based film production studio Tyler Perry Studios was founded in 2006. In 2019, Perry finally unveiled Tyler Perry Studios' new home, which is situated on the 330-acre former military base Fort McPherson that he had purchased four years earlier. The Walking Dead has been filmed on the lot. Approximately 50,000 square-feet of the studio lot is dedicated to permanent sets including a perfect replica of the White House, a trailer park, a luxury hotel and 16,000 square-foot mansion. The blockbuster Marvel movie Black Panther was the first movie filmed on the lot.
It is one of the largest studios in the world and rendered Tyler the first African-American to own a major studio.
Personal life: Perry legally changed his first name at the age of 16 in order to distance himself from his abusive father, Emmitt Perry, Sr. However, years later, a DNA test revealed that Emmitt Sr. was not Perry's biological father.
Although unmarried, Perry has been in a relationship with model and social activist Gelila Bekele since 2009. In November 2014, Bekele gave birth to their son Aman Tyler Perry.
Outside of television and film, Perry supports a number of charitable causes and frequently lends resources to those in need. For example, in 2009, Perry sponsored 65 children from a Philadelphia day camp to visit Walt Disney World.
Controversy: The Writers Guild of America, West filed unfair labor practice charges with the National Labor Relations Board, alleging that Tyler Perry Studios unlawfully fired four writers in October 2008 in retaliation of their attempt to get a union contract. The dispute was settled a month later.
In early 2009, Perry threatened to take legal action against a Memphis–based tax preparation company, Mo' Money Taxes, for running a television ad that he claimed offensively parodied his work—most specifically, Madea Goes to Jail. The ad depicted a large Caucasian man dressed in drag, named Ma'Madea. The television spot was eventually dropped from circulation.
Real estate: Perry spends the majority of his time in Atlanta, where—at press time—he is building a sprawling new residence not far from the Tyler Perry Studios headquarters. He reportedly has plans to turn a portion of property into an organic farm. (In May 2016, Perry sold the 35,000-square-foot Atlanta mansion he had lived in for nine years for $17.5 million.)
Perry is also the owner of a 14,000-square-foot residence on 20 acres on the island of White Bay Cay in the Bahamas. He reportedly paid $6.4 million for the property in 2009.
In 2018, Perry parted ways with a 10-bedroom home in Los Angeles's Mulholland Estates that he had bought just nine months earlier for $14.5 million. He sold the residence for $15.6 million to rapper and songwriter Pharrell Williams.
He still owns another home in Los Angeles, located within the uber-exclusive gated community called the Beverly Ridge Estates. Perry custom built what became a 25,000 square-foot mansion on the 22.5-acre property. In May 2020 it was revealed that Prince Harry and Meghan Markle were renting the home as they made a new life in Los Angeles. Based on similar nearby sales, this house is worth north of $20 million.
Private Jet: Tyler owns a Gulfstream III private jet that reportedly cost $125 million to acquire and customize. The jet features a screening room with 42-inch LCD flat screen and satellite hookup. He spent at least $50 million on customizations and furnishing for the formal living room, kitchen and VIP bedroom. He has used the jet on a number of occasions to philanthropic missions, delivering supplies to countries recently-hit by tragedies.
|Net Worth:||$600 Million|
|Date of Birth:||Sep 13, 1969 (50 years old)|
|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|