Tyler Perry Makes His Debut On Forbes' Billionaires List
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Tyler Perry Makes His Debut On Forbes' Billionaires List

Forbes released their annual list of billionaires. This year's list includes 2,755 people  The 493 first-time billionaires include Kanye West, Kim Kardashian and entertainment mogul Tyler Perry.

The production guru enters the list at number 2,677 amassing $1 billion from projects ncluding the Madea franchise, the Haves and Have Nots, Tyler Perry's Sistas, and Tyler Perry's The Oval among other credits.

This news comes after last year, in an extensive Forbes profile, it was revealed that the multihyphenate and Madea maestro is now a “Hollywood's newest billionaire." This was totaled by the following: his library of movies, TV shows, plays, etc., as he owns 100% of the content he's created ($320 million), cash and investments ($300 million), Tyler Perry Studios ($280 million), his BET+ stake ($60 million) and homes and toys ($40 million).

Forbes stated: “He has honed a product that too many others viewed as destined for the discount bin. And he made sure to control it all. The 51-year-old entertainer 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 last September. Forbes estimates Perry has earned more than $1.4 billion in pretax income since 2005, which he used to buy homes in Atlanta, New York, Los Angeles and Jackson Hole, Wyoming, as well as two planes."

Also on the list, Amazon's Jeff Bezos earns the No. 1 spot with a whopping $177 billion. Elon Musk was second with $151 billion. Jay-Z is on the list at No. 2,141 with a net worth of $1.4 billion.