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Billionaire Tyler Perry says he will never marry because divorce destroys fortunes

Tyler Perry told The Jennifer Hudson Show he will never marry, saying everyone he knows who did well and went broke did so through divorce.

Billionaire Tyler Perry says he will never marry because divorce destroys fortunes
Tyler Perry

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Tyler Perry was asked on The Jennifer Hudson Show whether he would ever marry. He answered with one word.

"Nope," the filmmaker said.

He then explained why, and the reason was financial rather than romantic. "It's not the marriage that bothers me, it's the divorce," Perry said. "Everybody that I know that did well and went broke, it was because of a divorce. So I'm good just being free."

Forbes values him at $1.4 billion.

The position is a curious one for a man who built part of his career on the subject. Perry wrote and directed Why Did I Get Married? in 2007 and Why Did I Get Married Too? in 2010, and the latest instalment, Why Did I Get Married Again?, is streaming on Netflix now. He has spent nearly twenty years making films about what happens inside marriages while declining to enter one.

What he is protecting is unusually concentrated. Perry owns his entire catalogue of films, television series and stage plays outright, which is rare in an industry where creators surrender rights in exchange for production money. He built that position by financing his early work himself and refusing to give up master rights, so his income does not pass through a distributor taking a cut.

He also owns Tyler Perry Studios, a 330-acre facility in Atlanta built on a former army base, making him one of very few Black Americans to own a major film studio outright.

Assets held that way are harder to divide than shares in a listed company. A privately held studio with no market price has to be valued by appraisers before it can be split, and a division can force a sale of the underlying business rather than a straightforward transfer of stock.

Perry has talked before about the discipline behind the ownership. He was homeless in his twenties and staged his early plays to near-empty theatres for six years before one succeeded, and he has said repeatedly that keeping his rights, rather than taking fees, is what changed his position.

He turned 57 on Sunday, Sept. 13.

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