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    Home » Celebrity News » Tyler Perry Is Selling $96.5 Million in Homes as He Gets Ready to Move to Puerto Rico
    Celebrity News

    Tyler Perry Is Selling $96.5 Million in Homes as He Gets Ready to Move to Puerto Rico

    By George I McMillanSeptember 30, 20266 Mins Read
    Tyler Perry
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    Tyler Perry is making a big life change. The filmmaker, actor, and studio owner has put two luxury properties on the market for a combined $96.5 million. The reason is simple: he wants a slower life in Puerto Rico.

    Perry is asking $57 million for his Beverly Hills estate and $39.5 million for his Wyoming retreat. Both listings come right after he shared his plan to leave the U.S. mainland at the start of 2027. Here’s what’s for sale, why he’s leaving, and what it means for the empire he built.

    Why Is Tyler Perry Moving to Puerto Rico?

    The main reason is family. Perry says he plans to move with his 11-year-old son, Aman, and cut back sharply on work. During an appearance on “Today with Jenna & Sheinelle,” he said he’s moving to Puerto Rico at the top of the year and “pulling back a whole lot.”

    That’s a big shift for a 57-year-old who has spent decades on a famously heavy work schedule. He started with touring stage plays and built a film, TV, and studio business from the ground up. Now he wants to enjoy the results.

    Tyler Perry’s $57 Million Beverly Hills Estate

    The more expensive listing is a huge compound in the gated Beverly Ridge Estates community. Reports say it is one of the priciest listings in Beverly Hills right now.

    Key details:

    • Price: $57 million
    • Size: 22.5 acres
    • Main house: About 24,500 square feet with 8 bedrooms
    • Style: Mediterranean-inspired villa
    • Extras: A guesthouse, staff quarters, a private screening room, and a resort-style pool and tennis court

    Perry reportedly bought the land for $4.3 million in 2004 and built the estate over the following years, finishing in 2012.

    The Royal Connection

    This home has a famous past. When Prince Harry and Meghan Markle moved to the United States in 2020, Perry let them stay at the property while they got settled in California. The estate has also hosted other well-known guests over the years.

    So for the right buyer, $57 million buys more than a mansion. It buys a piece of pop-culture history.

    Tyler Perry’s $39.5 Million Wyoming Retreat

    Perry’s second listing is a mountain escape near Jackson, Wyoming, priced at $39.5 million. Reports say it went on the market earlier this year, in June.

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    Key details:

    • Location: Bar BC Ranch, a gated community
    • Land: About 37.6 acres with Teton Range views
    • Water access: The Snake and Gros Ventre rivers
    • Main home: A custom log house of nearly 11,000 square feet with 7 bedrooms
    • Guesthouse: About 1,062 square feet with 2 more bedrooms, above a four-car garage
    • Total space: About 12,050 square feet and 9 bedrooms

    Inside, you’ll find several wood-burning fireplaces, a home theater, a gym, and a bar with saddle-style stools inspired by Jackson’s Cowboy Bar. Outside, there’s a pool, a hot tub, a gas fire pit, and a gazebo.

    Perry has talked about the wildlife near this home. In a 2019 interview, he joked about finding both a moose and a grizzly bear in his backyard. That’s Wyoming living.

    Is Tax a Factor? What to Know About Puerto Rico’s Act 60

    Family time is Perry’s stated reason. But taxes are a big part of why Puerto Rico appeals to wealthy Americans in general, and reports on his move have highlighted this.

    Here’s the basic idea:

    • U.S. citizens can move to Puerto Rico without giving up their citizenship.
    • Puerto Rico’s Act 60 program offers tax incentives to people who become true, bona fide residents.
    • Under the older version of the program, qualifying investment income such as certain interest, dividends, and capital gains after moving could be taxed at 0% by Puerto Rico.
    • Reports say that for applications filed starting January 1, 2027, a 4% rate generally applies instead.
    • The deadline depends on when someone applies, not when they move.

    The Limits

    This is not a magic tax escape. Some key limits:

    • Gains built up before you become a resident are not simply wiped away.
    • Income earned from work done on the U.S. mainland can still be taxed by the federal government.
    • Residency must be real, with a genuine change of home and life.

    In plain terms, Perry can’t move to San Juan and make Atlanta studio profits tax-free. Still, for someone with major investments and future business deals, the tax setup is a nice bonus.

    Note: This is general information, not tax advice. Anyone considering a move like this should talk to a qualified tax professional.

    Is Tyler Perry Leaving Tyler Perry Studios?

    No. His move doesn’t mean the end of his Atlanta base.

    See also  Shohei Ohtani Earns More Than $100 Million a Year — And He Doesn't Even Need His Baseball Paycheck

    Tyler Perry Studios sits on more than 300 acres at the former Fort McPherson Army base. It’s one of the largest film-production facilities in the country. People familiar with the plans told the Atlanta Journal-Constitution the studio isn’t closing or relocating because of his move.

    Perry has also spent years building a company that doesn’t depend on him doing everything. The studio hosts outside productions and works with other filmmakers. His move looks less like an exit and more like a step back from day-to-day pressure.

    He is also reportedly keeping his large Georgia estate near Douglasville.

    From Living in His Car to a $96.5 Million Sell-Off

    The scale of this moment is easier to appreciate when you remember where Perry began. Early in his career, his stage shows struggled, and he has spoken publicly about living out of his car during those years.

    His breakthrough came with the hit Madea stage plays. He grew them into movies, TV shows, and a full production company. Just as important, he kept ownership of much of his work. That gave him control and helped him build a fortune through films, TV deals, streaming agreements, and the studio itself.

    Net worth estimates vary by source. Some outlets now describe him as a billionaire, while others put his wealth somewhat lower. Either way, he’s among the wealthiest self-made figures in entertainment.

    Quick Facts: Tyler Perry’s Home Sales

    Beverly Hills Estate Wyoming Retreat
    Asking price $57 million $39.5 million
    Land 22.5 acres About 37.6 acres
    Main home About 24,500 sq ft, 8 bedrooms About 11,000 sq ft, 7 bedrooms
    Known for Hosting Harry and Meghan Teton views and river access

    The Bottom Line

    Tyler Perry is choosing a slower pace, more time with his son, and a new home base in Puerto Rico. His two listings total $96.5 million, and his studio empire in Atlanta stays in business. After a career built on nonstop work, this move looks like Perry giving himself permission to breathe.

    Previous ArticleEmma Heming Net Worth: Why Estimates Vary So Much
    George I McMillan
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