Billionaire Tyler Perry lists his $57 million Beverly Hills mansion as the Puerto Rico move gets real

American billionaire Tyler Perry is selling the Beverly Hills estate where Prince Harry and Meghan Markle took refuge in 2020, asking $57 million for a property he began assembling two decades ago for $4.3 million, as he clears the way for a move to Puerto Rico.

The listing, reported by the Wall Street Journal, follows Perry's announcement on Sept. 14 that he will relocate at the start of 2027 and scale back the work pace that built his studio empire, to spend more time with his 11-year-old son, Aman. "Yep, moving to Puerto Rico at the top of the year, and I'm pulling back a whole lot," he told NBC's "Today with Jenna & Sheinelle."

The house is the second property he has put on the market this year. His estate in Jackson Hole, Wyoming, is listed at $39.5 million, bringing the combined asking price to $96.5 million.

Perry bought the Beverly Hills land in 2004 and completed the house in 2012. It sits on 22.5 acres inside Beverly Ridge Estates, a gated enclave above the city, and runs to about 24,500 square feet in Mediterranean style: eight bedrooms, 12 bathrooms, a library, a screening room, a bar, a pool, a guesthouse and staff quarters. Oprah Winfrey and former President Barack Obama have been among the guests.

Its most famous residents were not guests but tenants of a sort. In 2020, after stepping back from royal duties and leaving Canada, Harry and Meghan moved into the estate with Perry's security detail in place and stayed for months before buying their own home in Montecito. Perry later became godfather to their daughter.

What he is keeping tells its own story. Perry is holding on to his Atlanta mansion and Tyler Perry Studios, the 330-acre former Army base where he shoots most of his films and series. The Puerto Rico move is about a smaller life, not a smaller business, and he has said he never intends to marry.

Puerto Rico's Act 60 program offers substantial tax incentives to new residents, and has drawn a steady flow of wealthy mainlanders in recent years. Perry has not mentioned taxes; he has framed the decision around age and his son. Either way, selling nearly $100 million of mainland real estate removes two large reasons to stay.

Forbes has counted Perry a billionaire since 2020, on the strength of a model in which he writes, directs, produces and owns everything he makes. His latest film, "Why Did I Get Married Again?", was released on Netflix this month. He remains the defendant in two civil lawsuits alleging sexual misconduct, which he has denied and in which no findings have been made.

A $4.3 million plot that lists at $57 million is a 13-fold mark-up over 22 years, before counting the house. Whether a buyer pays it is the market's call; Perry, by his own account, has already made his.