Tyler Perry’s fans have watched his ascent from actor and writer to Hollywood mogul, and now the star of umpteen “Madea” movies can also lay claim to being a billionaire.
A new cover story in Forbes describes Perry as “Hollywood’s newest billionaire,” reporting that he’s earned more than $1.4 billion since 2005.
According to Forbes‘ breakdown, Perry “owns the entirety of his creative output, including more than 1,200 episodes of television, 22 feature films and at least two dozen stage plays, as well as a 330-acre studio lot at the edge of Atlanta’s southern limits.
He used that control to leverage a deal with ViacomCBS that pays him $150 million a year for new content and gives him an equity stake in BET+, the streaming service it debuted
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