Tyler Perry is officially a billionaire! According to Forbes, the breakdown of the 50-year-old filmmaker’s net worth includes $320 million for his entire library of movies, TV shows, plays, etc., being that he owns 100% of all of his content, $300 million in cash and investments, $280 million for Tyler Perry Studios in Georgia, $60 million for his equity stake in the streaming service BET+, $40 million in homes and toys.

Of course, the fans had a lot to say about the news. One person tweeted, “When Tyler Perry had his first play it only sold 12 tickets, and he had to sleep in his car because he didn’t make enough for his rent. Today he is officially a billionaire! NEVER GIVE UP ON YOUR DREAMS.”