Tyler Perry turns billionaire

Tyler Perry, popularly known as the producer of the tragic movie, Acrimony and the Madea Sequels has seen his networth shoot up becoming a billionaire.

The 50-year-old filmmaker has been named as Hollywood’s latest member of the club after earning $1.4 billion in pre-tax income since 2005, and it’s said he’s currently worth $1 billion overall.

According to Forbes magazine, Tyler has earned his wealth through shrew business prowess, and he owns 100% of everything he creates from TV series and films to stage

In a breakdown of his money, the publication revealed $300 million resides in cash and investments, while a further $60 million comes from his BET stake.

He recently opened his own 330-acre film studio lot, and $280 million of his wealth comes from the value of the location.

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