Tyler Perry Net Worth: Media Empire & Career
Emmitt Perry Jr., known professionally as Tyler Perry, has a net worth of an astonishing $800 million.
Tyler Perry is an actor, producer, screenwriter, and director who has been in the entertainment industry for decades.
Perry is best known for his unorthodox filmmaking techniques. He produced and wrote numerous stage plays during the 90s and early 2000s.
Many of his stage-play films have been adapted as featured films.
Similarly, Perry has been recognized for his contribution to the industry and has garnered sizable accolades over the years.
In 2000 Tyler was included in the list of 100 Most Influential People by Times.
He also managed to bag the Governor’s Award in 2020 from Primetime Emmy Awards.
Likewise, in 2021 he received Jean Hersholt Humanitarian Award from the Academy Award for his outstanding contributions to humanitarian causes.
Apart from that, the Black Music & Entertainment Walk of Fame will induct Perry this year.
Tyler Perry | Quick Facts
|Birth name||Emmitt Perry Jr.|
|Professional Name||Tyler Perry|
|Net Worth||$800 Million|
|Date of Birth||September 13, 1969|
|Place of Birth||New Orleans, Louisiana, United States|
|Current Residence||Atlanta, Georgia|
|Father||Emmitt Perry Sr.|
|Mother||Willie Maxine Perry|
|Siblings||Yulanda Wilkins, Melva Porter, Emmbre Perry|
|Age||53 Years Old|
|Height||6 ft. 4 in, 1.93 m, 193 cm|
|Weight||102 kg, 224 lbs.|
|Partners||Gelila Bekele (2007-2020)|
|Kids||Aman Tyler Perry|
|Profession||Actor, Director, Producer, and Screenwriter|
|Social Media||Instagram, Twitter, Facebook|
|Last Update||March 2023|
Tyler Perry Net Worth & Income
Tylers Perry’s Net Worth
An American actor, director, producer, playwright, and screenwriter Tyler Perry’s net worth is a whopping $800 million as of March 2023.
Tyler Perry is among one of the most brilliant directors in showbiz.
With more than 20 stage productions, eight TV shows, and more than 30 films credits as a director and producer under his belt, Perry is an undeniable veteran of the entertainment industry.
Well, if we talk about his income in a typical year, Perry makes anywhere from $200 and $250 million from his entertainment empire.
Just to put things into perspective, his single deal with ViacomCBS earns around $150 million each year.
Tyler is a self-made entertainment tycoon. He started his empire right from scratch.
So how does the media mogul earns money?
Well, according to Forbes, Perry’s media empire has five key areas, including stakes in video-on-demand service BET+, his studio in Atlanta, Georgia, and cash and investments.
Perry started off from the theater. Despite the fact that his early plays opened to a mostly empty theater, after 13 years of unsuccessful attempts and numerous plays, he hit the jackpot.
Tyler’s first film ‘Diary of a Mad Black Woman‘ jumpstarted the Madea franchise in 2005. On opening weekend, the film grossed $22.7 million.
Perry has made 11 such films over the course of 15 years, with each performing astoundingly well at the box office.
All of Tyler’s Madea films were distributed by Lionsgate, a studio giant. The films collected over $1 billion in ticket sales alone, while the total production cost was around $20 million. Now you do the math.
Nonetheless, Perry’s cut from the ticket sales has not been disclosed, and since he owns 100% of his costs, profits, and revenues, we are assuming he earned pretty good from the gig.
Oh, it’s not just in movie business Perry has been super successful.
Tyler’s sitcom ‘Tyler Perry’s House of Payne’ aired on CW, which generated an unexpected rating.
Nonetheless, TBS Network had an eye on the show and ultimately lured Perry offering a massive $200 million production guarantee and 90 episodes of commitment.
In addition to that, they also offered that all the rights to the show would remain with Perry himself.
Interestingly, Perry wrapped the production in $60 million and kept $140 million for himself.
Aside from that, Tyler Perry earned around $60 million of his total net worth from his stake in BET+, according to Forbes.
Tyler Perry’s Net Worth in Different Currencies
Let’s check how much is Tyler Perry’s net worth in other currencies.
|Euro||€ 702.34 Million|
|Pound Sterling||£ 588.73 Million|
|Australian Dollar||A$ 1.12 Billion|
|Canadian Dollar||C$ 1.014 Billion|
|Indian Rupee||₹ 59,888,920,000|
Tyler Perry | Real Estate, Cars & Private Jets
Tyler Perry owns a 14,000 square feet residence on the island of White Bay Cay in the Bahamas. He purchased the 20 acres property back in 2009 for a massive $6.4 million.
Similarly, Perry bought a ten-bedroom massive mansion in Mulholland, Los Angeles, in 2018 for $14.5 million. He sold the mansion to the rapper, Pharrell Williams, after nine months for $15.6 million.
Likewise, Perry owns another exclusive 22.5-acre property in Los Angeles. The property has 25,000 square feet mansion, which Meghan Markle and Prince Harry rented before they purchased their own place. The whole property is worth around $20 million.
Moreover, Perry sold his long-time residence in Atlanta, Georgia in 2016 for $17.5 million.
Nonetheless, these properties do not come even close to his Atlanta studio.
Perry owns a massive 300 acres of a former US Army base in Atlanta which is where Tyler Perry Studios sits.
Reportedly, Perry purchased the plot back in 2015 for $30 million, and according to Forbes, the studio is worth around $280 million today.
Tyler Perry has a decent collection of cars which he uses when he is not flying in one of his many private jets.
He owns a Ranger Rover, 2017 Rolls Royce Wraith, and Bentley GT Sports Coupe.
Tyler Perry owns a Gulfstream III jet that costs around $150 million to acquire and customize.
The jet already comes with all the luxury features jam-packed.
However, Perry spent an additional $50 million to further customize it according to his personal taste.
Nonetheless, it is not the only jet Perry owns. He also owns a second similar jet.
Tyler Perry | Lifestyle
Though Perry seems all affluent now with his media empire and unlimited stream of money flowing right to his bank account, it was not the case always.
Perry changed his name legally to distance himself from his abusive father at the age of 16, only to find out he was not his biological father in the first place.
It was later revealed through a DNA test that Emmitt Sr. was not his biological father at all.
Furthermore, Perry has been in a long-term relationship with social activist and model, Gelila Bekele, since 2009.
Even though the two are not married, Gelila gave birth to their son in 2014.
Moreover, in showbiz, it does not matter whether you are a multi-millionaire media mogul; controversies come honing at your back.
Perry was involved in a controversy when the Writers Guild of America filed a lawsuit against Tyler Perry Studios alleging unfair labor practices.
They alleged that the studio fired writers in retaliation for their union contract attempt in 2008.
Nonetheless, it was settled after a month.
Tyler Perry | Charity
Generous man Tyler Perry has a heart of gold and often lends his time and resources to those in need.
He supports numerous charitable causes.
In 2009 Tyler sponsored more than 65 children from Philadelphia to visit Walt Disney World.
Similarly, in 2019 Perry used his private jets to fly water and other necessities to the Bahamas following Hurricane Dorian to aid the victims.
Likewise, he runs The Perry Foundation. The foundation helps with areas like human rights, health, and education.
Furthermore, Perry also donated $50,000 worth of grocery-store gift cards to those needing help in July 2020.
He also donated $1 million to the NAACP in 2009 to celebrate the organization’s centennial.
Amid the Covid pandemic, Perry tipped $21,000 to struggling workers at a restaurant in Atlanta.
Each of the 42 workers received $500.
In addition, Tyler donated $1 million to the Haiti earthquake survivors in 2010.
Tyler Perry | Movies & TV Shows, Investments & Books
Movies & TV Shows
One of the best actors in the entertainment industry Tyler Perry has appeared in numerous films and TV shows.
Some of his popular works include ‘Star Trek‘, in which he portrayed Admiral Richard Barnett.
Similarly, his other popular films include Gone Girl, Vice, Teenage Mutant Ninja Turtles: Out of the Shadows, and Alex Cross.
Moreover, Perry partnered with fellow media mogul Oprah Winfrey’s OWN Network in 2012 to release two TV series, Love Thy Neighbor and The Haves and the Have Nots.
Likewise, he is also known for his multiple characters in the Madea film series.
Furthermore, two of his films are in post-production, ‘A Jazzman’s Blues’ and ‘Tyler Perry’s A Madea Homecoming’, both of which are set to release in 2022.
Similarly, some of his most notable TV series include Bruh, Tyler Perry’s Assisted Living, Young Dylan, Zatima, Sistas, The Oval, Ruthless, and If Loving You Is Wrong.
Perry founded Tyler Perry Studios in Atlanta in 2006.
He invested $30 million for the property and an additional $250 million on renovations and upgrades.
The facility includes 50,000 square feet of permanent sets. It has everything from a trailer park luxury hotels to White House.
Similarly, the facility also boasts a 16,000 square feet mansion.
Pretty famous among filmmakers, the Marvel movie Black Panther was the first movie to be filmed on the facility.
Interestingly, Amazon and Netflix rent the place for their production. Reportedly, they have spent $100 million renting the place.
Aside from being the iconic personality in the entertainment industry Tyler Perry is also a best-selling author.
He has sold two books over the years.
His first book, Don’t Make a Black Woman Take Off Her Earrings: Madea’s Uninhibited Commentaries on Love and Life, was published in 2006.
The book sold over 30,000 copies and also reached number one on New York Times Best Sellers list.
Similarly, in 2017 his other book Higher is Waiting, was published and it peaked at number 5 on the New York Times Best Sellers list.
Tyler Perry | Career
The actor was born on September 13, 1969, in New Orleans. He never completed high school instead earned a GED.
His younger years were pretty rough as he was abused by his father.
He took writing as an escape from his mental wounds, which proved out to be pretty beneficial for him later.
His letters to self were later turned to play.
Tyler performed his first play, I Know I’ve Been Changed, in 1992 at a community theater in Atlanta. He reportedly put all his savings of around $12,000 for the play.
Nevertheless, only 30 people attended the play.
Disappointed, Perry did not lose his hope, and with his sheer dedication, he is currently one of the most famous media personalities in the world.
As of March 2023, Tyler Perry’s net worth is $800 million.
Unknown Facts About Tyler Perry
- Tyler was a close friend of late singer Whitney Houston and was amongst those who spoke at her funeral.
- From day one, Tyler’s plan has been to leave his studio one day to his son Aman.
- Perry was inspired to write I Know I’ve Been Changed by Oprah Winfrey.
Who is Madea based on?
It is based on Perry’s mother and aunt.
Where can I watch Madea plays?
All Tyler Perry plays are available on BET+, an exclusive streaming platform.
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