Byron Allen Net Worth

Byron Allen has a net worth of $800 million which he has earned as a talk show host, comedian, producer, director and businessman. He owns American broadcast empire Entertainment Studios and Allen Media Group (AMG) of over $4.5 billion. Allen also owns cable networks and produces television shows that air across the U.S.

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byron allen net worth

Byron Allen Net Worth & Quick Facts

Full NameByron Allen Folks
Byron Allen Net Worth$800 million
ProfessionTalk Show Host, Comedian, Producer, Director & Businessman
Date of BirthApril 22, 1961
Birth PlaceDetroit, Michigan
Nationality American
Owner & FounderEntertainment Studios & Allen Media Group (AMG)
SpouseJennifer Lucas

Early Life of Byron Allen

Byron Allen Folks (Byron Allen) was born on April 22, 1961 in Detroit, Michigan. He got high school education at Fairfax High School but, in the end, he didn’t complete his college education at the University of Southern California. Comedian Jimmie Walker impressed by Allen’s performance during a stand up and he invited the young comedian to join his comedy writing team. Allen made his television debut on “The Tonight Show Starring Johnny Carson” at the age of 18 years. After his successful appearance in “The Tonight Show”, he got an offer to co-host a new talk show called “Real People”. While working in show “Real People”, he took the opportunity to learn about entertainment industry.

Career of Byron Allen

Byron Allen and his mother founded Entertainment Studios in 1993. His first series was “Entertainers with Byron Allen” which was a weekly series of one hour duration presenting the stars of entertainment industry. In 2009, he became the first television entrepreneur to own six 24-hour HD television networks simultaneously. Presently, Byron’s companies produce over 30 programs that produce $100 million in revenue annually. Entertainment Studios now became the largest independent producer and distributor in the world. Allen’s six 24-hour HD television networks are:

  • Pets.TV
  • Comedy.TV
  • Recipe.TV
  • Cars.TV
  • ES.TV
  • MyDestination.TV.

Personal Life of Byron Allen

Byron Allen married a television producer named Jennifer Lucas in 2007. They both have three children together. In 2023, African American Student Union of the Harvard Business School presented Allen with the inaugural “Legendary Honor”. He serves as a member of Board of Governors on the Motion Picture & Television Fund.

Bryon Allen Net Worth

Bryon Allen Net Worth

Allen has a net worth of $800 million which he has earned as a talk show host. He is the owner of American Entertainment Studios and Allen Media Group (AMG) of worth over $4.5 billion. Byron’s companies produce over 30 programs that produce $100 million in revenue annually. Byron Allen filed a $10 billion lawsuit against McDonald’s Corp for “racial stereotyping” in their ads. After that he filed a second lawsuit against McDonald’s for refusing to advertise with Black-owned media. His company acquired the Black News Channel television network for $11 million in 2022.

Byron Allen bought a oceanfront estate in Maui for $22.8-million through a deal in 2018 which was one of the most expensive in Maui’s history. He also purchased a $20-million Beverly Hills mansion in 2019, a 3,000-square-foot apartment at 220 Central Park South for $26.75 million in 2019 and a 3.6-acre clifftop mansion for $100 million in Malibu in 2022.

FAQs- Byron Allen Net Worth

What is Byron’s net worth?

$800 million

Who is billionaire Byron Allen’s wife?

Byron Allen’s wife is Jennifer Lucas who is a TV show producer.

Do Byron Allen have any children?

Three children

How old is Byron Allen?

62 years as of 2024.

Who is the owner of Allen Media Group?

Bryon Allen

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