Byron Allen Net Worth : Investment & Career
Byron Allen Folks, the great American comedian, who is making great success in his business, has a Net Worth of $400 million.
The famous comedian grew up under his mother’s name “Carolyn Folks.” Although Allen was born in Detroit but grew up in Los Angeles.
According to sources, Byron’s father used to work for Ford Motor Company. However, his parents got divorced in 1968 that made his mother a single parent.
He completed his graduation from the University of Southern California.
His interest in show business began during his childhood when he accompanied his mother, Carolyn Folks. She worked as a publicist for NBC studios in Burbank. Accordingly, he has achieved a lot of inspiration from his mother.
In 2007, Byron started his new life with his beautiful wife, Jennifer Lucas. They were together for 6 years and 8 months before their marriage until they tied the knot.
Quick Facts
Let’s keep us aware of his life.
| Full Name | Byron Allen Folks |
| Net Worth | $400 million |
| Date Of Birth | April 22, 1961 |
| Birth Place | Detriot, Michigan, United States of America |
| Origin | Detriot, Michigan, United States of America |
| Residence | Los Angeles, California |
| Religion | Christian |
| Nationality | American |
| Ethnicity | African-American |
| School | Fairfax High School |
| College | University of Southern California |
| Zodiac Sign | Taurus |
| Father’s Name | N/A |
| Mother’s Name | Carolyn Folks |
| Age | 63 years old |
| Height | 5’9 inches (175 cm) |
| Weight | In Kilograms – 78 Kg In Pounds – 172 lbs |
| Shoe Size | 9 (US) |
| Hair Style | Bald |
| Eye Color | Black |
| Sexual Orientation | Straight |
| Marital Status | Married |
| Spouse | Jennifer Lucas (m. 2007) |
| Children | Olivia Rose Allen, Chloe Ava Allen, Lucas Byron Allen |
| Profession | Talk show host, Comedian, Television producer, Film director, Screenwriter, Businessperson, Actor, Television Director |
| Nominations | Daytime Emmy Award for Outstanding Legal/Courtroom Program |
| Awards | Daytime Emmy Award for Outstanding Lifestyle Program |
| Movies | “Who Wants to Date a Comedian?”, “Mr. Box Office,” “The Young Icons” |
| TV Shows | Entertainers with Byron Allen Television show, Justice for All with Judge Cristina Perez, The First Family, ES. A TV Television show, The American Athlete Television show, etc. |
| Genres | Observational Comedy |
| Social Media | Instagram. Twitter |
| Last Update | April, 2024 |
Byron Allen: Net Worth & Income
As of 2024, Byron is enjoying his net worth of $400 million. On the whole, he is also counted as a millionaire.
Allen is a great businessman, comedian, television producer, philanthropist. He’s the founder, CEO, and chairman of Allen Media Group. It is an entertainment studio, Networks, and weather Group division.
In 2009, Allen proved himself by obtaining his first television entrepreneur, who launched a portfolio of 6 networks with HD televisions.rtf
For instance, The six networks cover the following channels
- Pets TV
- Comedy. TV
- Recipe. TV
- Cars. TV
- Es. TV
- MyDestination TV
In 2009, Allen was also instated in the Broadcast Hall of fame. Thus, Allen marks himself in the field of comedy.
In 1992, he produced himself by launching his first television show, Kickin’ with Byron Allen. The show has more than 21 seasons.
In addition, Byron Allen founded Entertainment Studios in 1993.
According to the source, Allen’s significant sources of income are from his production company, share stocks, bonds, investments, real estate, etc.
He’s the first African American person who has a multi-platform studio. In conclusion, he reached a high level of his net worth.
Byron Allen’s Net Worth in Different Currencies
let’s know more about Byron Allen’s net worth in different currencies.
| Currency | Net Worth |
| Euro | € 336,854,000 |
| Pound Sterling | £ 286,500,000 |
| Australian Dollar | A$ 541,206,000 |
| Canadian Dollar | C$ 498,850,000 |
| Indian Rupee | ₹ 29,714,220,000 |
| BitCoin | ฿ 10,050 |
Byron Allen Houses
House
The comedian started his career at a very early age and has purchased his house at 20 million.
Furthermore, the house is very formal, like the Beverly hill mansion. It meets the traditional-contemporary digs, which Ken Unger designed.
In 2020, the famous comedian bought a fantastic mansion in Colorado worth $27 million, which is widely scrawled.
Moreover, the house has a spectacular view of the surrounding mountainous region, which gives different vibes.
The Beverly Hills mansion surrounds 11,300 square feet. The house exhibits exterior features that peak monumental and uniformity. Additionally, the rooms are with a fireplace, and all the walls are of French doors opening.
The fantastic house also features a basement lounge with a wet bar, including a wine closet and a home theatre with the gym.
Byron Allen: Lifestyle & Vacations
Lifestyle
Byron does not like exposing his private life to the spotlight much. Hence, he and his private activities are mostly away from media highlights.
The great comedian always has a simple lifestyle with a busy schedule.
Byron mostly keeps him in touch with a professional dress like a suit, tie, and matching shoes.
The pride of the USA, Byron Allen, has much interest in making money. Therefore, he has achieved his top Net Worth.
He rarely visits for night-outs but does, however, attends the VIP parties.
In 2007, after an extended period, he got married and started his family life with a television producer named Jennifer Lucas. After the married couple has been gifted with three children’s together
However, he is being spotted in different areas of the US with his family, which indicates that he’s a family man.
Vacations
Talking about vacations, Allen doesn’t have many vacation trips or none that the public is aware of.
However, In 2009, he went out to Coldwater Canyon Park with his wife and sweet daughter Chloe.
Moreover, Allen was seen to be enjoying his vacation with his family.
He was also captured on the beaches of Maui, Hawaii, on a post-Christmas vacation with his family.
Charity
Byron Allen Entertainment Studios helps to raise funds for needy American people by organizing different charity comedy programs.
Byron Allen had used his profession in a very proper way for charity.
Eventually, he put on the Entertainment Studios gala, a philanthropic event that benefits the children’s Hospital in Los Angeles.
In 2020, Byron Entertainment studio helped to raise funds on the topic of “Feeding America.”
However, The event raised $1 million, and they hope to continue their efforts and raise $50 million within the next ten years.
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Byron Allen: Endorsement and Investments
In 2018, the well-known Allen’s entertainment acquired The Weather Channel for $300 million. It included the TV networks except for its online assets.
Similarly, In 2017, he started his investment in media companies was valued at around $1 billion. This is set to be the highest increment in his investing career.
In 2020, he made himself purchase ABC Honolulu by his AMG firm worth $30 million. The deal included Start TV, MeTV, Heroes & Icons, and many more
Similarly, He made a huge investment in network affiliates, around $500 million.
In the same period, he got into the Bayou City Broadcasting for$165 million.
In addition, Allen terminated a deal that obtains USA television broadcast stations for $300 million.
He mostly looks to expand his media entertainment empire. However, As a minority investor in Sinclair, Allen will benefit from the $10.6 billion acquisition of 21 regional sports networks.
In the same way, Allen still has different strategies to become the USA’s biggest broadcaster.
You might also be interested in reading about the famous personality Aziz Ansari.
Byron Allen: Awards
Allen started his career at a very early age and made his image in front of many peoples.
He made people laugh, which was appreciated by him with many awards.
In 2018, Allen was nominated for the Bloomberg 50 as for”people in business, entertainment finance, politics and technology, and science whose 2018 accomplishments were particularly noteworthy.”
Furthermore, again, he was honored by the salutations Army and the Los Angles Metropolitan Advisory Board at the salutations Army’s 11th Annual Christmas kettle luncheon in 2018.
In addition, Allen was honored with NATPE’s 16th Annual Tartikoff Legacy Awards in 2019
At the 46th annual Los Angeles Urban league awards dinner, he received the 2019 Whitney M. Young Jr. Awards.
Byron Allen: Career
Byron engaged in the comedian field at a very young age.
At the age of 14, Allen has started his journey by performing clubs around Los Angeles.
After being invited by Comedian Jimmie Walker, he upgraded his career while performing for his comedy writing team. The team also featured David Letterman and Jay Leno.
When he was just 18, he made his all over first television debut on The Tonight Show, Starring Johnny Carson.
Nevertheless, which led him to be the co-host of the talk show “Real People.”
The success key in his life made him learn many things in different fields like production, advertisements, financial aspects, and more.
In 1993, he established an Entertainment Studios. He also commenced his business with his mother and launched a fantastic show called ” Entertainers with Byron Allen.”
After many years passed, he turned the media into one of the world’s largest producers and distributors.
Facts about Byron Allen
- Byron Allen is against racial discrimination, and he is fighting for the rights of African American people in court.
- Gabe Kaplan, the most prominent television comedian, is the role model Allen. In the same way, he followed Kaplan’s advice and started his career in stand-up comedy.
- The zodiac sign of the famous artist is Taurus.
FAQ
What is the birth name of Allen?
The birth name of Allen is Byron Allen Folks.
What kind of comedy does Byron Allen do?
Byron Allen’s comedy style belongs to the observational style.
What is Byron Allen planning to do now?
As of the current stage, 2021 was a hectic year for Allen. Further, as per the source, it is confirmed that he’s planning for something new.
