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Tyler Perry is officially a member of the Three Comma Club.

According to Forbes, the actor and entrepreneur is now worth a billion dollars. The publication arrived at the conclusion by breaking down Perry’s assets, including $300 million in cash and investments, a content library worth $320 million, his sprawling Atlanta studio and multiple personal properties.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.