Tyler Perry’s status as a Hollywood titan has been cemented in a big way.
For, he’s officially been ordained a billionaire by Forbes.
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Per the financial publication, Perry has taken in $1.4 Billion in pre-tax income since 2005, and is believed to be worth $1 Billion overall.
The ‘Madea’ star’s vast wealth is billed as stemming from his 100% ownership of everything he creates; from films, to TV shows, to his lengthy list of stage plays.
Forbes further unpacks how Perry’s fortune stacks up:
*$320 million from his library of film and TV media rights
*$300 million via investments and cash
* $280 million from the value of his studio lot
* $60 million from his stake in BET Network
* $40 million resides in his homes and personal material assets
The news comes as Perry gears up to receive the prestigious Governors Award at the forthcoming Primetime Emmys later this month.