According to Forbes, Tyler Perry is officially a billionaire. Forbes arrived at the conclusion by breaking down Perry’s assets, including $300 million in cash and investments, a content library worth $320 million, his Atlanta studio and multiple personal properties.

Forbes also reports that Perry has earned in excess of $1.4 billion since 2005. “I love when people say you come from ‘humble beginnings,’ ” he said to the outlet. “[It] means you were poor as hell.”

You can read the full break down here in their article From “Poor As Hell” to Billionaire: How Tyler Perry Changed Show Business Forever