Tyler Perry has joined the growing list of Hollywood billionaires according to Forbes.
According to the American business magazine, Perry has a networth of $1 billion and has earned more than $1.4 billion in pretax income since 2005. Forbes also reported that filmmaker owns the entirety of his creative output, which includes more than 1,200 television episodes, 22 films, at least two dozen plays and a 330-acre studio lot in Atlanta.
The filmmaker told the magazine that he learnt the value of ownership at a young age. He said;
“My father was a subcontractor, and he would get paid on Fridays and be so happy that he had made $800,” he recalled to Forbes. “But I would watch the man that owned the house sell it and make $80,000. So I always knew that there was more power in the man that owned the house rather than the man that actually was working on it and building it. So I always wanted to be the guy that owned the house.
“Ownership for me was easy because I was underestimated. They said, ‘Sure, you can own it.’ They didn’t think it’d be worth anything.”
On lack of diversity in his movies, Perry said;
“I wanted to foster an environment where minorities and women and LGBTQ, anybody who wanted to come and work and do a great job was welcome. What I found is, if you invest in the underdog, if you invest in the people who haven’t had the opportunity, the level of gratitude and understanding for what is happening for them is so powerful. It’s just wonderful.”
The mogul joins a group of Black billionaires that includes Robert F. Smith, Michael Jordan, Oprah Winfrey, David Stewart, Jay-Z and perhaps Kanye West. It was also reported that his movies alone have grossed nearly $1 billion to date, and he owns the rights to all of them.
Forbes reported that Perry used his ownership of all his creative output to broker 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. He has homes in Atlanta, New York, Los Angeles and Jackson Hole, Wyoming, as well as two private jets.
Nigerian MMA fighter, Israel Adesanya knocks out Paulo Costa to retain his UFC middleweight title (Videos)
Nigerian MMA fighter, Israel Adesanya defeated Brazil’s Paulo Costa with a second-round TKO win to retain his UFC middleweight title in Abu Dhabi on Saturday night, September 26.
The middleweight undefeated champion, 31, battered Costa’s front leg with multiple kicks to quiet the Brazilian fighter’s trash-talking in the first round of the main event on Fight Island.
In the second round, Adesanya opened up Costa’s face with a high kick and then finished the challenger with punches. Costa, 29, stumbled backward and could not recover as he was left bloodied and bruised on the canvas.
The win is Adesanya’s 20th professional MMA victory. He remains the world’s best middleweight at a perfect 20-0.
“I’ve been telling you guys, but everyone thinks … like Roy Jones said, ‘Y’all must have forgot’ because of what happened last time,” Adesanya said after his win. “I had to remind the world who’s the best.”
‘The Last Stylebender’ calling out Jared Cannonier for his next fight dueing the post-match interview.
“I already messaged Jared Cannonier, he is a hell of a dude, I love his energy, I said, you destroy Robert Whittaker, you are next. He’s the one I want to fight next.”
Nigerian billionaire businessman, Alhaji Abdulmunaf Yunusa Sarina pictured with his ‘daughters’
A photo posted by an Instagram page shows billionaire owner of Azman Air, Alhaji Abdulmunaf Yunusa Sarina with 16 members of his family said to be his daughters.
“The Azmans and their father” the page captioned the photo.
“My Success Isn’t Solely Due To The Doors My Dad Opened For Me” – DJ Cuppy
Nigerian female disc jockey, DJ Cuppy has dispelled the notions that her billionaire dad, Femi Otedola opened doors for her success.
The singer who alongside her sisters was gifted a Ferrari worth over 80 million naira by dad was a guest on the Youtube Week held virtually where she spoke on different topics about music. Cuppy spoke on major principles that has helped her achieve success so far.
According to her, the belief that her Father’s connection made her popular is not in its entirety true. The “Orignal Copy” crooner said that even with her Father’s connection she still had to work hard on her own part to make it work out.
She further revealed that she had lost opportunities simply because she was not prepared or didn’t make proper use of them.
She added that she has a lot of opportunities but her hard work, determination, and business style took her to where she is.
She advised that one should just depend on connections but also try to be prepared, hone their skills, and deliver a standard service.
Cuppy said that no matter how many doors open for you, only your skill and delivery can keep you in those doors.
Taking her Instagram page, she wrote: ”Some people say my success is solely due to the doors my dad opened for me… I beg to differ’
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