As of 2024, American Businessman and film producer, Byron Allen’s Net Worth is estimated to be $920 Million. He grew up in Detroit, and later she moved to Los Angeles to pursue his career. He began his career in the comedy industry as a stand-up comedian. He has appeared on The Tonight Show, and since then, he has started appearing on other popular television shows. All these television show appearances have given him recognition in the television industry.

In the beginning, he got an invitation from Comedian Jimmie Walker to contribute to the comedy writing team with Jay Leno and David Letterman. He began in the comedy field at 14 years old and first appeared on the television show at 18 on The Tonight Show Starring Johnny Carson. He founded his company CF Entertainment in 1993. It was established to produce low-cost non-fiction television programming.

Byron Allen has made a successful career as a comedian and businessman, and most of the money he has generated from his Entertainment Studios company. His company will have a value of $4.5 billion in 2022. He lives in the million-dollar house in which he has made his professional career in industry. Please also check Usher Net Worth.

Byron Allen Net Worth

Byron Allen’s net worth is estimated to be around $920 Million, making him one of the richest African Americans in the world. His wealth comes primarily from his media empire, which includes television networks, radio stations, and streaming services.

NameByron Allen
Net Worth (2024)$920 Million
ProfessionAmerican businessman
Monthly Salary$4 Million +
Yearly Income$50 Million +
Entertainment StudiosTalk shows, game shows, and news shows
CarsBugatti Veyron, a Rolls-Royce Phantom, and a Ferrari F430
Bally’s Sports GroupDiamond Sports Group’s partnership with Sinclair Broadcasting
Years active  1975–present
Genres  Observational comedy
Last Updated2024
Byron Allen Income

Income Sources:

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Television Networks: Allen’s media empire is built around his ownership of several television networks, including the Weather Channel, Entertainment Studios Network, and Comedy.TV, and JusticeCentral.TV. These networks generate revenue through advertising, subscriptions, and content licensing.

Radio Stations: Allen also owns a large portfolio of radio stations across the United States. These stations generate revenue through advertising and sponsorships.

Streaming Services: In recent years, Allen has expanded into streaming with the launch of its platform, Local Now. The service provides access to local news and programming from Allen’s various media properties.

Production and Distribution: Elan Entertainment Studios also produces and distributes television shows and films. This provides another revenue source for his media empire.

Byron Allen Net Worth Growth

Byron Allen Net Worth in 2024$920 Million
Byron Allen Net Worth in 2023$870 Million
Byron Allen Net Worth in 2022$820 Million
Byron Allen Net Worth in 2021$780 Million
Byron Allen Net Worth in 2020$740 Million
Byron Allen Net Worth in 2019$700 Million

Byron Allen: Assets and House

Byron Allen lives in Aspen, Maui, Los Angeles, and New York City residences. He has bought his luxury home for $22 million in Beverly Hills, California, from Jeffrey Skoll. He has a mansion in Malibu, California, for $100 million. He had millions of dollars in assets from his career. Must Check Steve Ballmer Net Worth.

Byron Allen Properties

  • A3.6-acre clifftop manse in Malibu, California, which he bought for 100 million in 2022.
  • A two-home emulsion in Beverly Hills, California, which he bought for 22 million in 2022.
  • A 9,000- forecourt- bottom manse in Aspen, Colorado, which he bought for 27 million in 2020.
  • A 7,300 forecourt-bottom oceanfront estate on Maui, which he bought for $42.28 million in 2018.
  • An 11,266 forecourt-bottom manse in Beverly Hills, California, which he bought for 20 million in 2019. 
  • A 3,000forecourt-bottom apartment at 220 Central Park South in New York City, which he bought for $26.75 million in 2019.
Byron Allen Biography

Byron Allen’s Social Media Accounts

TwitterAlmost 19K FollowersCheck Out
YouTubeN/ACheck Out
PinterestN/ACheck Out

Byron Allen Facts

  • Byron Allen was born on April 22, 1961, in Detroit, Michigan, United States
  • Byron Allen’s Height is 1.75m. (5’ 8”)
  • Byron Allen’s Weight is 78 Kg / 178 Ibs
  • Profession: American businessman and television producer
  • Byron Allen’s Annual Income is $40 Million +
  • Byron Allen’s Net Worth is $920 Million as of 2024

FAQs

What is the net worth of Byron Allen?

Byron Allen's total net worth is around $920 Million.

How much does Byron Allen make annually?

Byron Allen earns an estimated salary of $40 Million per Year.

How much is Byron Allen’s monthly salary?

Byron Allen's monthly salary is $4 Million.

What is the net worth of Byron Allen?

Byron Allen’s total net worth is around $920 Million.

How old is Byron Allen?

Currently, Byron Allen is 62 years old (22 April 1961).

What is the height of Byron Allen?

The height of Byron Allen is 1.75m. (5’ 8”).

What is the name of Byron Allen’s wife?

Byron Allen was married to Jennifer Lucas.

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Byron Allen Balance Sheet

Assets:$300 Million +
Gold Reserves:$1 Million +
Luxury Cars:10 +
Luxury Watches:20 +
Stock Portfolio:$80 Million +
Luxury Yachts:3 +
Crypto Investments:$2 Million +
Investment:$500 Million +
Royalty Income:$100 Million +
Business Income:$300 Million +
Other Income:$22 Million +
Loans & Liabilities:$10 Million +
Annual Expense:$550,000 +
Taxes Paid:$0.4 Million +

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