Tyler Perry hits the billionaire mark

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