Essence

TYLER PERRY IS NOW A BILLIONAIRE. “Ownership changes everything,” he told Forbes. “I own the lights. I own the sets. So that’s where the difference is. Because I own everything, my returns are higher.” … Perry used the wealth he acquired to build a stronger empire. He paid $30 million for the property where his studio sits in Atlanta, and invested $250 million into developing it into a full-blown studio, featuring several sets and sound booths. … And, as we all know, his studio is of historic importance since he’s the first Black person in the United States to own an independent film studio. 

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