Tyler Perry, born Emmitt Perry Jr. is an American actor, screenwriter, producer as well as director. He is considered among the most successful directors in the industry.
What Is the Net Worth of Tyler Perry?
According to Celebrity Net Worth, Tyler Perry has an estimated net worth of $800 million. He has helmed and produced over thirty movies, twenty stage productions, and 8 Television shows. He typically earns $200 million to $250 million per year from his empire.
Early Life
Perry was born on September 13, 1969, in New Orleans, Louisiana. He is the child of Willie Maxine Perry and Emmitt Perry Sr. His father was a carpenter. He once stated that his father’s response to everything was just to “beat it out of you”.
Perry also has three siblings. When he was a child, Perry once even went so far as he attempted suicide so that he can flee away from his father’s beatings. Unlike his father, his mother used to take him to church every week, where he felt some sort of security and happiness.
When he was 16, he legally changed his first name from Emmitt to Tyler in an attempt to separate himself from his father.
After several years, after he watched the film titled Precious, Perry revealed for the very first time that when he was 10, his friend’s mother molested him, and before that incident, three men also molested him, and subsequently, he found out that his friend was also molested by his own father. Perry performed a DNA test that revealed Emmitt Sr. wasn’t actually his biological father.
Though Perry didn’t finish his high school studies, he earned a GED. When he was in his early 20s, watching an episode of The Oprah Winfrey Show, he listened to someone explain the sometimes therapeutic impact the act of writing can have, allowing the writer to solve his or her own issues.
He was inspired by this statement and led himself to pursue a career in writing. He then began writing a chain of letters to himself quite soon, and that became the basis for the musical titled “I Know I’ve Been Changed.”
Personal Life
Perry is good friends with Will Smith, Janet Jackson, and Oprah Winfrey. Several themes in his project feature theology and social behavior symbolic of the primarily black church culture, like many scenes in his stage as well as screen work that reflect church settings and worship forms generally seen in majorly African American churches, along with representations of gospel music and artists.
Perry acquired a 17-acre estate in the Paces neighborhood of Buckhead, Atlanta in 2007 and he sold the house in May 2016 for a consideration of $17.5 million he also cracked the biggest deal ever for a private home in Georgia capital. Perry’s company, ETPC LLC, acquired nearly 1,100 acres in New Manchester, Georgia in 2013.
In 2009, after Perry read that a suburban swim club, the Valley Swim Club in Huntingdon Valley, Pennsylvania, had stopped 65 children from a Philadelphia day to visit Walt Disney World, he came forward to sponsor them.
He penned on his website, “I want them to know that for every act of evil that a few people will throw at you, there are millions more who will do something kind for them.”
In late 2009, his mother died at the age of 64, after suffering from an illness. He stays and works in Southwest Atlanta where he runs the Tyler Perry film and TV studios. It was reported in August 2010, that he had acquired Dean Gardens, a 58-acre property in the Atlanta suburb of Johns Creek.
He demolished the existing 32,000-square-foot mansion and intended to plan a new, eco-friendly home on the property though he never built one.
In 2014, he welcomed his first child, a son with partner Gelila Bekele and later in late 2020, he revealed that he is single.
Perry acquired a house in Mulholland Estates, in Los Angeles in September 2017.
In addition to that, Perry also owns vacation properties both, in Wyoming as well as in the Bahamas.
In 2021, Prince Harry, Duke of Sussex, and Meghan, Duchess of Sussex disclosed in an interview on Oprah with Meghan and Harry that Perry gave initial security and housing for a period of 3 months that enabled the pair to securely move from Canada to California in March 2020, after the removal of their British royal security.
Career
Sometime in 1990, Perry relocated to Atlanta, where, after two years, I Know I’ve Been Changed was performed at a community theatre for the first time, and the 22-year-old Perry financed that with his life savings of $12,000. Initially, the musical got a “less than stellar” reception and became a failure financially.
But he still continued to rewrite the musical continuously. When he was 28, in 1998, he tasted success in retooling the play and restaging it in Atlanta, at the House of Blues for the first time and later at the Fox Theatre.
According to Forbes’ 2005 report, he had sold “more than $100 million in tickets, $30 million in videos of his shows and an estimated $20 million in merchandise”, and “the 300 live shows he produces each year are attended by an average of 35,000 people a week.”
In order to finance his debut film “Diary of a Mad Black Woman,” he raised a $5.5 million budget in part from the sale of tickets for his stage productions, and that movie earned $50.6 million domestically and received approval rating of 16 percent on Rotten Tomatoes.
His next film was his directorial debut, an adaptation of Madea’s Family Reunion, and he has also helped all of the ensuing Madea films. Those movies earned around $700 million at the box office and each movie were made under a budget of less than $10 million.
As Perry serves as the writer, director as well as producer of almost all his films, he receives a huge share of the profits from every film. The huge share of approximately $300 million.
His films are generally aimed at African American viewers and they typically have subtle nods to Christianity.
His well-known sitcom titled Tyler Perry’s House of Payne, ran for 8 seasons (June 21, 2006, to August 10, 2012). The series originally premiered on The CW and had unanticipated incredible ratings for the network.
TBS drew Perry and Payne away from CW as it offered him an amount of $200 million production guarantee and in addition to that, a 90 episode commitment as well. Oh, and Tyler would own the show. Notably, Tyler just spent $60 million on production costs, and the rest of $140 million was kept by him himself.
Furthermore, he also served as the writer, director, and producer of “Meet the Browns,” which aired on TBS in early 2009 and ended on 18 November 2011.
He also did acting in the films such as 2009’s Star Trek, 2012’s Alex Cross, 2014’s Gone Girl, 2016’s Teenage Mutant Ninja Turtles: Out of the Shadows, and 2018’s Vice.
Apart from writing, directing, producing films and television shows, Perry has also written two books: Don’t Make a Black Woman Take Off Her Earrings: Madea’s Uninhibited Commentaries on Love and Life (2006), which managed to sell 30,000 copies and peaked at number one on the New York Times Best Sellers list, and 2017’s Higher is Waiting, which ranked at number 5 on the New York Times Best Sellers list.
Tyler also owns a Gulfstream III private jet that purportedly cost $125 million to buy and customize.
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