Tyler Perry Net Worth
Tyler Perry is an American actor, director, playwright and producer. Perry has an estimated $800 million in net worth as at January, 2023. He is by far one of the most financially successful directors in the industry having directed and produced over 30 movies, 20 stage production as well as 8 TV shows.
Perry earns averagely between $200 million and $250 million annually from his entertainment empire as well as rake in about $150 million annually from a deal with Viacom CBS. Perry is a real definition of a self-made rich man starting with a single play he wrote and produced dubbed I Know I’ve Been Changed. Over the course of time, Perry metamorphosed the play into a mini theatre empire eventually becoming today’s huge multi-media empire.
Tyler Perry was born Emmitt Perry Jr. on 13th September, 1969 in New Orleans, Louisiana. Perry managed to earn a GED although he did not finish high school. Young Perry took to writing as a way of coping with the several abuses he suffered from family members whiles growing up.
Perry was inspired by an Oprah Winfrey Show which focused on the therapeutic impact of writing on a person to pursue a career in acting. Perry faired well at writing a series of letter which became the springboard for the musical “I Know I’ve Been Changed”.
He gained huge following throughout Atlanta making more than 35,000 members per week. Perry reportedly raked over $100 million in ticket sales to his plays as well as $30 million in related video and merchandise before Hollywood.
Riding on the back of his success at this stage, Perry approached Lionsgate with a proposal. Sharing a budget of $5.5 million with Lionsgate, Perry provided half the amount required for an upcoming movie. Perry and Lionsgate agreed to split the profits evenly.
The first movie under this arrangement, “Diary of a Mad Black Woman” grossed $50.6 million locally as well 4150 million from TV syndication and home video sales. Perry owns the content as well as half of the profit per the agreements with Lionsgate.
His directorial debut was in 2006 with the film, “Madea’s Family Reunion” which opened at number one at the box office with $30.3. Perry produced 14 “Madea” movies grossing close to $700 million at the box office. Given that fact that he writes, directs and produces all his movies almost by himself, he bags home the lion’s share of profits from his films.
Perry’s sitcom, Tyler Perry’s House of Payne was initially broadcast on CW garnering enormous ratings for the network. Perry was offered $200 million production guarantee plus 90 episode commitment. Of the production budget of $200 million, Perry used $60 million keeping the remaining $140 million.
He has made appearances in several movies including Star Trek, Alex Cross, Gone Girl, Teenage Mutant Ninja Turtles: Out of the Shadows and Vice. The talented billionaire authored Don’t Make a Black Woman Take Off Her Earrings: Madea’s Uninhibited Commentaries on Love and Life. The book sold 30,000 copies as well as make it to the number one spot on the New York Times Best Sellers list. His book, Higher is Waiting in 2017 debuted at number 5 on the New York Times Best Sellers list.
At the age of 16, Perry legally changed his first name to distance himself from his very abusive father, Emmitt Perry Sr. A DNA test later on proved that Emmitt Sr. was not the biological father of Perry.
Perry Tyler has been in a relationship with model and social activist Gelila Bekele since 2009. Their son Aman Tyler Perry was born in November 2014. Perry does a number of charitable works. He sponsored 65 children from a Philadelphia day camp visit Walt Disney World in 2009.