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WACO Theater Center's 3rd Annual Wearable Art Gala - Arrivals

Source: Gregg DeGuire / Getty

Congratulations to Tyler Perry as he’s officially a billionaire! According to Forbes, Perry has $320 million from his movies, plays, and TV shows due to him owning 100 percent of the content. $300 million in cash and investments, his Tyler Perry Studios is worth $280 million due to the 330 acres it sits on in Georgia. Perry owns a stake in BET+ which is worth $280 million.

He owns $40 million in real estate and vehicles, which all adds up to $1 billion. Talk about going from hood to good! Perry says he took a chance and bet on himself, are you a self-employed business owner? What tips can you give someone who may want to strike out on their own?

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Black Hollywood Shows Up For Tyler Perry Studios Grand Opening Gala
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