American movie mogul, Tyler Perry has joined the club of billionaires in the world.
According to Forbes, Perry has a networth of $1B and has earned more than $1.4B in pretax income since 2005.
The breakdown of Perry's wealth indicates that he has $320M for his entire library of movies, TV shows, plays, etc., as he owns 100% of the content he's created.
The Tyler Perry Studios, which sits on 330 acres in Georgia, is worth $280M.
He also said to be worth $300M in cash and investments.
Perry has a $60M equity stake in BET+, the streaming service that debuted last year.
Finally, his cars and house are worth $40M.
Perry is an American actor, writer, producer, and director.
He has produced several movies including 'Diary Of A Mad Black Woman,' 'Daddy's Little Girls,' 'Why Did I Get Married,' and the controversial blockbuster 'Acrimony,' to mention a few.