Who is the Highest Paid Black Actor in the World?

author-img By sagnika sinha 5 Mins Read 11 September 2023

highest paid black actor

Do you know who the richest African American is in the world? Or how about the highest paid black actor? This blog will discuss top individuals who earn a lot of money because they work hard.  

The world of entertainment is all about public admiration and success, which results in more movies, brand deals, and collaborations. In recent times, black actors have received attention and lucrative business deals!

I will share with you the highest-paid black actor in the world and how his life has influenced his current financial conditions and success.

Who is the Highest Paid Black Actor in the World?

Who is the Highest Paid Black Actor in the World

In 2024, let me tell you that the richest actor in the world is Tyler Perry, whose current Net Worth is $1 billion (about $3 per person in the US). I am sure you have seen him in movies such as Don’t Look Up, Precious, Six Triple Eight, Good Deeds, Gone Girl and many others.

Perry is recognized in the industry as one of the most powerful individuals, directors, and producers. Let me share with you how he created his career in the industry through movies and stage performances!

It has led him to become the world’s most prosperous African American entertainment individual. Let us get to know more about him!

Top 5 Highest-Paid Black Actors

Over the past few years, black actors have made it to the top, riding their success and bringing change for the better. The casting game in Hollywood has improved a lot, and the African American entertainers are finally getting recognized.

Let me share with you the top five highest-paid black actors who are significant contributors to the Hollywood industry. You might also have one of these black actors as your favorite, and there is nothing wrong with that.

Tyler Perry

When you ask who the highest-paid black actor in the world will be in 2024, Tyler Perry takes the award for this one, as the 50-year-old American is a Jack of all trades. You will be surprised to learn that the talented black actor works as a producer, comedian, film director, and writer.

His net worth is $1 billion. In the past few years, you might have seen him more due to his relationship with Meghan Markle! Even though he was not invited to her royal wedding, it was Perry who became the pillar of support for the royal couple.

Perry gave Harry, Meghan, and their child, Archie, a refuge in his mansion in LA, which had its own security details. We will get into this later!

Bill Cosby

Bill Cosby

An American Stand-up comedian, author, musician, and actor, Bill Cosby is the second highest-paid black actor in the world. Most importantly, he had his own sitcom, The Bill Cosby Show, which ran for two seasons from 1969 to 1971.

His net worth is $400 million as of 2024, especially with his The Cosby Show still raking in money. Even though the show has ended, the creator and the star are still earning an estimated $1.5 billion (about $5 per person in the US) through the decades.

Will Smith

A legend, Will Smith was a household name in Hollywood until he slapped Chris Rock! But we will not discuss controversies right now! Wink! Let’s learn about how much William Carroll Smith Jr. gets paid in the industry! Currently, Will Smith’s net worth be $350 million.

Besides being an actor, Will Smith is also a producer, a rapper and a born rapper. I am sure you have seen several of Smith’s movies, such as Men in Black, I Am Legend, The Pursuit of Happiness, Hancock, and Bad Boys. Since his acting debut, he has ruled the box office and the heart! He is the hero we got from the 90s Black movies!

Over the years, the talented black actor has gained over $8 billion (about $25 per person in the US) (about $25 per person in the US) in sales! In addition, he is not just well known but has some hold in the industry because he was a member of several award committees.

Denzel Washington

Denzel Washington

Denzel Washington is an enigma—that is what he is for me! When Chadwick Boseman said, “There is no Black Panther without Denzel Washington,” Moreover, it proved how far and how impactful this man has been in his career in Hollywood as a black actor.

Let me tell you that this man has been in the industry for 35 years now and is one of the best actors! His work in both professional circles and charity work has been constantly rewarded by various organizations and institutions, namely, Oscar nominations, Golden Globe Awards and Tony Awards.

You must watch the movies The Equalizer, Flight, Unstoppable, Safe House, American Gangster and Inside Man. One of his movies, Fences deserve a place in the list of black movies on Netflix. According to an estimate in 2024, Denzel Washington’s net worth is $300 million!

Morgan Freeman

Another talented black actor, Morgan Freeman, is the fifth highest-paid black actor on the global scale. Apart from being an actor, he is also a television producer and director! Did you know that Freeman has worked in the industry for 50 years?

As one of the top-paid actors, Freeman has won several awards, namely the Screen Guild Award and the Oscar Award. With all his releases, the total box office gross for all his films is $4.57 billion! He rose to fame from the 80s Black movies leaving behind a legacy!

Who is Tyler Perry?

Who is Tyler Perry

Born on 13 September 1969 in New Orleans, Louisiana, U.S., Perry became one of the most popular black actors in the industry. Similarly, Perry has with him the shadow of a very difficult childhood where his physically abusive father made his life a living hell.

Tyler also attempted suicide in his childhood and dropped out of high school. Later, he took the high-school equivalency exam and received certification. One of the reasons Tyler changed his name was because he did not want to stay connected with his father.

He started writing journals to better understand his life and experiences. Likewise, the outcome is the first play, I Know I’ve Been Changed. For the first staging, Perry had to do several odd jobs, but the staging in 1992 pushed him further into poverty! So, what changed? 


He is an American actor, director, producer, playwright, and screenwriter. One of the significant characters he has worked on is Mabel or Madea Simmons, an outspoken grandmother who combines personal triumph, religious wisdom, and humor.

The character Madea gave Perry the growth and the establishment he needed to have in Hollywood to prove himself! After the success of Perry’s second stage production, the African American culture, the drag performance, and the raucous comedy performance with a hint of sadness created his stage.

Over the years, he has written scripts and turned them into movies, taken adaptations, and worked on other productions to create the identity he leads today. Movies such as Why Did I Get Married? and For Better or Worse became franchises.

He has also performed in several television shows, such as The Oval and Ruthless. Tyler Perry Studios was founded in 2006!


Perry is in real estate! It will shock you to know that Tyler owns several expensive properties. One of the properties he owns in Los Angeles is a 22-acre property (about the area of Chicago’s Millennium Park) with eight bedrooms, a library, 12 bathrooms, a pool, and a fountain!

Did you know that Perry bought the mansion in 2004 for $4.3 million? Did you also know that Meghan Markle and Prince Harry called this mansion home for a few months when they fled from the UK?

Furthermore, Perry also had a mansion in Atlanta that he sold in 2016, which has a home gym, an indoor resistance pool, a tennis court, an underground ballroom and a home theatre. How can we forget the library and the tennis court?

In other assets, Perry owns two private jets! He also owns two private islands listed for $7 million; however, we need to find out how much he paid for them. The man does not just own but also gives away through charity!

Furthermore, he is a charitable institution, Tyler Perry Foundation, which helps people in poverty, senior citizens, transportation, and relief to calamity cases!

Finishing Off…

In short, the world’s highest-paid black actor is Tyler Perry, with a net worth of $1 billion. Now that you know the riches accumulated by Perry, you can imagine the hard work he had put into creating his network and recognition worldwide.

After you read the blog, you will learn about the significance of culture. The black actors had to work hard to create a path for generations to come, and in today’s world, some of them have gained the power to change lives.

Comment on which black actor is your favorite and why!

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sagnika sinha

Sagnika Sinha is a content writer who is passionate about writing travel vlogs, entertainment and celebrity articles and literature-based pieces. With a 4 years experience in teaching, she loves reading books. A procrastinator by nature, she loves travelling, listening to music, planting and gardening.

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