We’ve all witnessed Tyler Perry growing from rags to riches and now he’s is not just rich but his name landed in the billionaire’s list.
Yes, you’ve got that right the movie producer is officially a billionaire and this is according to the new Forbes report detailing his rise from being “poor as hell” to rich and powerful.
We managed to break down the list on how Forbes calculated Tyler Perry net worth check it out below:
The numbers are in … here’s a breakdown of how Forbes is calculating Tyler’s milestone net worth:
— $320 million for his entire library of movies, TV shows, plays, etc., as he owns 100% of the content he’s created
— $300 million in cash and investments
— $280 million for Tyler Perry Studios, which sits on 330 acres in Georgia
— $60 million for his equity stake in BET+, the streaming service that debuted last year.
— $40 million in homes and toys
Add it all up … and that’s a cool $1 billion. Not bad for a guy who once slept in his car.
In August, Perry spoke with ET’s Nischelle Turner, and he opened up about how his late mother, Willie Maxine Perry, is the inspiration for his charitable spirit.
“That’s the DNA of my mother. My mother was just such a kind woman,” Perry boasted, adding that he especially tries to give back around her birthday in February and around the holidays. “I’m thinking of her because I know that she would be smiling from heaven”
“I realize that people aren’t out there struggling because they want to. There are people that just need a hand up and that little bit of motivation can take them a long way,” he said. “I’ll never forget being in the grocery store, in Winn-Dixie in Atlanta, trying to pay for some food and couldn’t pay for it. I was at Kroger. I couldn’t pay for it. There was a woman behind me who gave me the money to get the food that I needed. Never knew her again. But that little act of kindness made me feel like I could go on.”
“So that’s what those moments are about for me,” he added. “Just making people feel like they can go on.”