American actor, writer, producer and director, Tyler Perry who was listed by Forbes as the highest paid man in entertainment is officially a billionaire. His net worth has been estimated to be $1billion "with a clear path to future membership in the Forbes 400"-Forbes
The media tycoon is currently on BET payroll which will pay $150million annually for the next five years to him for the production of a minimum of 90 TV episodes.
Tyler Perry has purchased a property in Wyoming, Atlanta, New York and LA with his income.
"I love when people say you come from humble beginnings. It means you were poor as hell"-Tyler Perry
He also said this about his studio to Forbes;
"Ownership changes everything"
"I own the lights. I own the sets zone that's where the difference is. Because I own everything, my returns are higher"
Tyler Perry is set to receive the Governor's award at the 2020 Emmy awards on 20th September