Tyler Perry in a suit and glasses, photographed at Arlington National Cemetery in November 2024
Photo: Elizabeth Fraser / U.S. Army — Tyler Perry at Arlington National Cemetery during a USO visit, November 20, 2024 (public domain, via Wikimedia Commons)
ENTERTAINMENT

Tyler Perry Buys a $30 Million Mansion in Puerto Rico — and Plans to Shoot There, Too

A month after telling TODAY he would move to Puerto Rico at the top of the year and "pull back a whole lot," Tyler Perry has closed on a $30 million mansion there — while listing nearly $100 million worth of mainland homes. TMZ reported the purchase and PEOPLE confirmed it.

The Short Version

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Entertainment · Tyler Perry · The Move

Tyler Perry has put his money where his announcement was. The 57-year-old mogul has closed on a $30 million mansion in Puerto Rico, TMZ reported on Saturday, and PEOPLE confirmed the purchase — one month after Perry sat down with TODAY with Jenna & Sheinelle and said, in plain terms, that he was moving to the island at the top of the year and "pulling back a whole lot" from the workload that built his empire. The announcement now has an address.

What $30 million buys, according to TMZ's reporting, confirmed by PEOPLE: a 14,475-square-foot home on nearly 1.4 acres inside a gated community, with five bedrooms and 10 bathrooms, built in 2021. The house comes with a private movie theater, an open-concept kitchen, a pool and a gym — a residence designed, in other words, by and for a man whose work and home life have never been far apart. Neither outlet named the community, and Perry's camp has not either. Real-estate listing trackers have matched the sale to a home in Dorado Beach, the gated resort community on the island's north coast, whose size and features line up with the reported ones; that listing was once asking $59 million before the price dropped to just under $30 million and the home went pending. The match is tracker work, not an official identification — but it points at the same coastline where Puerto Rico's wealthy newcomers have been landing.

"Pulling back" was always the plan

The purchase is the second act of a story Perry told himself. In an extended interview with Justin Sylvester for TODAY with Jenna & Sheinelle on September 14, Sylvester asked whether Perry ever plans to "chill out" in his career. "Yep, moving to Puerto Rico at the top of the year, and I'm pulling back a whole lot," Perry said. Asked what inspired it, he pointed to age and family: "Getting older. It's time to slow down a bit, enjoy more time with my son and just take it all in." The son is Aman, 11, whom Perry shares with his former partner Gelila Bekele. The move is set for the start of 2027 — which makes an October closing less a surprise than a man keeping his own schedule.

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Here is the interview itself, in which Perry makes the announcement and talks about fatherhood, his mother and a dating life he cheerfully describes as dormant for 30 years:

The mainland sell-off

The Puerto Rico closing is one side of a deliberate reshuffle. On September 29 — the same month as the interview — Perry listed his Beverly Hills estate for $57 million: a Mediterranean-style compound of about 24,500 square feet on 22.5 acres, on land he bought for $4.3 million in 2004 and built out by 2012. It is the house where Prince Harry and Meghan Markle stayed for several months in 2020, after stepping back from their senior royal roles, and it has hosted guests from Barack Obama to Oprah Winfrey. In June, he had already listed his retreat in Jackson Hole, Wyoming, at $39.5 million. Together, the two listings ask $96.5 million — close to a hundred million dollars of mainland real estate Perry is ready to convert while he consolidates around Atlanta, where he keeps a home and the studio, and a private island he owns in the Bahamas.

Not a retirement — a second base

Anyone reading this as a farewell is misreading it. Sources told TMZ that Perry plans to open a production office in Puerto Rico and shoot projects there; TMZ was explicit that Tyler Perry Studios — the 330-acre lot on Atlanta's former Fort McPherson Army base, one of the largest production facilities in the country — remains up and running. Perry is not closing an empire down. He is giving it a Caribbean outpost, in a place that has spent years courting film and television production with tax incentives and has recently become a magnet for celebrity residents — Logan and Jake Paul live on the island, TMZ noted, and visiting stars have followed. A Perry production base would mean local crews hired, local locations on screen and a standing argument that Puerto Rico's screen industry is bigger than tourism-board commercials. Madea in the Caribbean is a joke TMZ made; it is also, plausibly, a development slate.

The tax clock in the background

There is a financial backdrop Perry himself has never cited, and it deserves to be handled precisely. Puerto Rico's Act 60 resident-investor decree offers qualifying newcomers a 0 percent local tax rate on dividends, interest and capital gains earned after the move — but under a law signed in March, applications filed after December 31, 2026 fall under a new 4 percent rate instead. Tax advisers at Kevane Grant Thornton flagged the deadline when the law changed, and Christie's International Real Estate's Puerto Rico brokerage says investor-decree buyers have been concentrating their searches in Dorado this year as they align a home purchase — a decree requires one — with a filing before the clock runs out. None of that is evidence about Perry's motives: his stated reasons are his son, his age and a slower life, and a man who announces a move in September for family reasons does not need a tax theory to explain an October closing. But the deadline is part of why so many wealthy mainland buyers are landing on the same coastline at the same moment, and Perry is now the most famous of them.

What he's actually leaving

The viral version of this story has Perry "leaving America." He is not, and the detail matters: Puerto Rico is a United States territory, its residents are American citizens, and Perry is moving within his own country — trading a Beverly Hills compound and a Wyoming retreat for an island base a short flight from the studio he still owns. What he is genuinely leaving is the schedule: the self-built, always-on production machine that turned a homeless playwright's one-man show into a billion-dollar studio. At 57, he is redesigning the life around the work rather than abandoning either. What to watch now is the follow-through: whether the Beverly Hills and Jackson Hole listings find buyers, whether a Perry production office actually opens on the island, and whether "pulling back a whole lot" can survive contact with Tyler Perry's famous work ethic. The house, at least, is bought.

Sources · 6 sources
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