Tyler Perry Net Worth
Tyler Perry Net Worth is $450 Million.
In 1992, 22-year-old Tyler Perry took his life savings of $12,000 and used it to finance his first entertainment venture, a play titled I Know I’ve Been Changed. Despite the initial struggles of the play, Perry took his small investment and has today turned it into an estimated $450 million net worth. After multiple overhauls and reworks, I Know I’ve Been Changed gained him some notoriety in the theater circuit. His popularity continued to grow exponentially which lead him to his first few major financial successes. It is estimated that before Perry had even begun to direct films his plays had accrued over $100 million in ticket sales and $30 million in merchandise and videos.
Perry used his earnings from the theater to produce his first film Diary of a Mad Black Woman in 2005. Despite being poorly reviewed the film was a commercial success, grossing $50.6 million domestically. Over the next decade Perry continued to write, direct and act in films that remained successful. In 2006 Perry turned towards television to create the show Tyler Perry’s House of Payne. Airing on TBS, Perry signed a contract worth $200 million for 100 episodes. In more recent years Perry has continued to focus on television as he signed a lucrative deal to write for Oprah Winfrey’s OWN Network. He has since written four scripted shows and has gained a small equity stake in the network. Tyler Perry has also written a book titled Don’t Make a Black Woman Take Off Her Earrings: Madea’s Uninhibited Commentaries on Love and Life, which spent 12 weeks on top of the New York Times’ Best Seller List.
According to Celebritynetworth.com, Tyler Perry’s hard work has earned him a net total of $450 million and a yearly salary of $80 million. He has used that money to buy a litany of luxury items. He owns a 25 acre island called White Bay Cay in the Bahamas which he bought for $6.4 million. The island contains a 14,000 square foot home complete with sauna and tennis court. Perry flies to and from his island on his private jet, a Gulfstream III worth $125 million. His current home is located outside of Atlanta and is currently on the market for $25 million. The nearly 35,000 square foot home has 7 bedrooms and 15 bathrooms and is located on 17 acres of fenced in property. Parked in the driveway are his Bentley, Range Rover and his Rolls-Royce. Perry’s mansion and private island are proof that he has defied the odds and turned a paltry $12,000 investment into a fortune.
Earnings and Financial Statistics History
Net Worth 2016: $450 Million, 2015: $400 Million, 2014: $250 million.
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