How much is Tyler Perry worth?
|Net Worth:||$850 Million|
|Date of Birth:||September 13, 1969 (age 53)|
|Country:||United States of America|
|Height:||6 ft 5 in (1.96 m)|
About Tyler Perry
Tyler Perry was awarded the Jean Hersholt Humanitarian Award from the Academy Awards in 2021 and previously he received the Governors Award from the Primetime Emmy Awards, in 2020. That same year Perry was included in Time magazine’s “100 Most Influential People”.
Tyler was born in New Orleans, Louisiana. Son of Willie Maxine Perry, Tyler was raised by an abusive step-father, Emmitt Perry Sr, a carpenter. He has three siblings.
Tyler Perry is one of the most influential figures in the Hollywood industry. He’s always been known to have had an inspiring journey to stardom. He developed his love for writing and acting after watching an episode of ‘The Oprah Winfrey’ show, he used writing as a means of self therapy to channel the pains he underwent as a child. He wrote series of letters to himself which would later be tuned into the famous stage-play, ‘I know I’ve Been Changed’.
Perry officially started his career in 1990 after moving to Atlanta in an effort to pursue his passion of acting. Two years down the line in 1992, ‘I Know I’ve Been Changed’ was first performed in a community based theater in Atlanta.
“There’s this great thing called the ‘Chitlin’ Circuit,’ which I started my shows on and back in the day when, you know, Ray Charles and Billie Holiday and Duke Ellington, they couldn’t get into white establishments, so they went on this circuit and toured. They were huge stars in their own community, you know, and that’s pretty much my same story,” Tyler Perry has said. Another big name who started out on the ‘Chitlin’ Circuit,’ was Michael Jackson with The Jackson 5.
He was only 22 years old at the time and had managed to save around $22,000 dollars which he used to finance his first major project. The play was locally a success as it touched on the sensitive societal issues of child abuse, self-worth, forgiveness and dignity. He continued to write plays using the same theme up until 1998, where it had now gained millions of fans, especially people of African-American decent.
Tyler Perry is incredibly rich. He is estimated to be worth $850 million dollars as of 2023. He has amassed this colossal wealth thanks to his exceptional talents in the film industry. In 2005 Forbes reported that he had sold over $100 million dollars worth of tickets for his famed stage plays named “Urban Theater Circuit”. He had also made $30 million dollars from sales of his show-videos. Tyler also reaped an added $20 million dollars from his merchandise. All this money come from over 300 shows he held in a year, with an attendance rate of about 35,000 people a week.
His first movie, Diary of A Mad Black Woman, which he produced using the proceeds from the live shows at a cost of $5.5 million dollars, grossed $50.7 million dollars domestically. The first of Madea movies, Madea Family Reunion released in 2006 grossed $63.4 million dollars. Daddy’s Little Girl released in 2007 grossed over $31.6 million dollars. His success financially would replicate over the years up until now. In 2007, he signed a $200 million dollar deal with TBS for the broadcasting of 100 episodes for his show ‘House of Peyne’. Other movies that got Tyler rolling were.
- Why Did I Get Married (2007)-$55.9 million dollars
- Meet The Browns(2007)-$42 million dollars
- The Family That Preys(2008)-$37.1 million dollars
- Madea Goes To Jail(2009)-$90.5 million dollars
- Precious(2009)-$63.6 million dollars
- Madea’s Big Happy Family(2011)-$54.2 million dollars.
- the movies name and their world wide box office grosses.
As at 2011, Tyler has made an estimated $500 million dollars from his movies. He collaborated with queen of television Oprah Winfrey to produce and broadcast more content. He has also partnered with Lion’s Gate Entertainment for distribution of his content. He was named by Forbes as the highest paid man in entertainment in 2011, this was after making $130 million dollars the previous year.
In 2013, Tyler Perry Studios released the first season of The Haves and the Have Nots which ran a total of 8 seasons.
Most recently he has appeared as “Madea”, in A Madea Homecoming.
His achievements over the years cannot go unnoticed. He acquired 330 acres of land in 2015 where he has built a $1 billion dollar state-of-the-art studios in Atlanta. ‘Tyler Perry Studios is a modern facility with complete replica of structures for purposes of acting including that of The White House. He has also authored two books, ‘Don’t Make A Black Woman Take Off Her Earrings’ and ‘Higher Is Waiting’. Tyler Perry has also been feted 10 times by various awards for his on-screen exploits.
Through his work in Hollywood and his private investments. Tyler Perry’s net worth is estimated to be $850 million.
With growth now imminent on the stage performances, Tyler Perry upgraded to producing films. His first movie, ‘Diary of A Black Woman’ was released in 2005 after investing savings from his stage performances. The comedy-drama film featured big names in the industry such as Shemar Moore and Steve Harris. It was an instant success. Tyler’s next project, ‘Madea’s Family Reunion’, was his debut in directing films.
The film started showing in February 2006 and was a big box-office hit. Perry got the chance to promote his project on the Oprah Winfrey Show, which helped its marketing due to the program’s huge viewership at the time.
In 2007, at the peak of his acting and directing, Tyler Perry in conjunction with Lions’ Gate delivered the film ‘Daddy’s Little Girl’. The film featured mega stars such as Idris Elba and Gabrielle Union. Tyler then went triple-action by writing, directing and producing his next film, ‘Why Did I Get Married’ which was also released in October of 2007. He continued attracting big names to his craft, this time featuring singer Janet Jackson and Tasha Smith. He continued with his ruthless streak of releasing movies in 2008, this time availing to the market the movie ‘Meet The Browns’.
Tyler has gone ahead to write, produce and direct tones of movies. Among his famed works include “The Madea Franchise”, Star Trek, Alex Cross, Temptation, The Star, The Haves And The Have-Nots, If Loving You Is Wrong, For Better For Worse, Sistas, Oval among many others.
Perry’s ability to channel inner grief into something inspiring and beautiful is his unique genius. It takes courage to come out and face the world with your inner most feelings and put them on stage for all to see. While most hide from showing their inner truth, Tyler’s strength to write it into beautiful and entertaining plays and move scripts has been a key to his success.
The multi-talented artist has also used his versatility to his advantage, the sheer number of his talents have merged into breathtaking creations on stage and in theaters. He does stage shows, produces films, writes and directs.
He is also a risk-taker, that attribute strikes him as a great entrepreneur. He showed this when he spent millions of dollars to purchase an abandoned former military base to develop his studios.
Tyler has created amazing working relationships with people like Oprah Winfrey, Janet Jackson and Will Smith.
Saying Tyler has been successful is a massive understatement to his achievements. He’s exceeded everyone’s expectations.
Tyler Perry’s journey to stardom is an inspiration to many upcoming actors. From how he underwent hardships in his childhood to being named the most successful person in the entertainment industry in 2011.
From his own words, “My biggest success is getting over the things that have tried to destroy and take me out of this life. Those are my biggest successes, it has nothing to do with my work”. Overcoming adversity is the first step to success, giving up is never an option.