How Hollywood mogul Tyler Perry makes and spends his $1.4 billion fortune

• Tyler Perry is a billionaire thanks to his Madea franchise and Tyler Perry Studios.
• Perry was the third highest-paid entertainer in the world in 2022.
• Take a look at how he makes and spends his money.

Architectural Digest reported in November 2019 that Perry also owns a log cabin in Jackson Hole, Wyoming, and property in the Bahamas.

Perry purchased his Wyoming vacation home in 2005.

In the Bahamas, White Bay Cay and the island next door were listed together for $7 million before Perry purchased them in 2009, though the amount he paid has not been reported.

Real estate isn’t his only major investment. Perry also owns a $150 million private jet, which he has used for humanitarian aid.

Perry used the jet to fly water and other necessities to the Bahamas in the aftermath of Hurricane Dorian in September 2019, CNN reported.

Perry is known to be generous with his wealth.

Perry founded The Perry Foundation in 2006, which supports initiatives in areas including education, human rights, health, and agriculture.

In July 2020, he gifted approximately $50,000 in grocery store gift cards to those in need in Atlanta, the “Today” show reported.