Madea hit the Jackpot! Most recently, media mogul Tyler Perry has just passed 10 digits making him the newest billionaire in America.
For the ones who didn’t know, Tyler Perry was raised in poverty and even spent time roaming the streets of New Orleans as a homeless playwright looking for his big break. As for education, Perry never even graduated from high school.
Now, Perry has cemented himself as a serious player in the media. Reportedly, Perry has earned a whopping $1.4 billion since gaining stardom back in 2005. This money didn’t just come from starring in a few movies. Mr. Perry is a true businessman.
Perry, America’s 7th Black billionaire, owns a studio on 330 acres worth $280 million, a $60 million dollar stake in BET+, $300 million in cash and investments along with a library worth $320 million among others. Now that’s a long way away from roaming the streets in New Orleans.
People can learn a lot from Tyler Perry’s life story. He’s been able to overcome real hardship, believed in himself despite everything, worked hard, and never gave up.
Buck up, cowboy. Humble beginnings aren’t that bad after all.
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.