Byron Allen

Byron Allen

22 Apr, 1961
Taurus
Detroit, Michigan, U.S., United States
$900 Million
25

Byron Allen Net Worth 2024

American comedian and entrepreneur Byron Allen Folks founded Entertainment Studios a prestigious media company. After winning stand-up comedy he hosted NBC’s Real People on television. With a strong entrepreneurial spirit Allen has achieved outstanding success in digital media film television and radio.

Byron Allen's Net Worth is $900 Million as of May 2024

Byron Allen's Personal Details & Biography

Full Name Byron Allen
Gender Male
Nick Name
Date of Birth 22 Apr, 1961
Place of Birth Detroit
Hometown Detroit
Affair/Relationship Jennifer Lucas
Zodiac SIgn Taurus
Religion Christian
Birth City Detroit
Birth State Detroit, Michigan, U.S.
Birth Country United States
Nationality American
Hobbies Basketball, Philanthropy
Height 190 Centimeters
6 Feet 2 Inches
74.80 Inches
1.90 Meters
Weight 203 lbs.
92.08 kg.
Eye Color Dark Brown
Ethnicity / Color Brown

American entertainer and entrepreneur Byron Allen Folks transitioned from stand-up comedy to television. He founded Entertainment Studios an important media group focused on digital TV and film. The launch of Weather Channel Africa the purchase of the Weather Group including the Weather Channel and its induction into the Broadcast and Cable Hall of Fame are major achievements For philanthropy and financial expertise several awards recognized Allen cementing his place in the industry.

Byron Allen's Profession Details

Profession Entrepreneur, Producer, Host
Net Worth $900 Million

Byron Allen looks like an important executive in the entertainment industry. He began performing stand-up comedy as an eccentric later finding fame in television and film. He is more than just a comedian; He also runs his own company Entertainment Studios.

Allen is dedicated to ensuring that everyone has equal opportunities in the entertainment industry regardless of background. He has done a lot of great things like owning his own TV show and TV channels he also launched his own streaming service TheGrio.TV which focuses on sharing ideas.

Source of Income & Endorsements

As an entertainment executive Byron Allen makes money in a variety of ways. Since he controls the whole business all the revenue and dividends go to him. His company creates movies TV shows and digital content which they then sell to third parties for a profit. It also has a nice advertising system where networks split ad revenue in exchange for free content. Byron also has TV stations which generate revenue from bills local advertising and content from other networks. In addition to filmmaking and acting he also owns The Weather Channel and TheGrio.TV which generate additional income. Allen total Net worth $735 million. 

BrandType of ProductContract PeriodEstimated Earnings
Coca-ColaSoft Drinks1 year$500,000
McDonald'sFast Food2 years$1,000,000
Kellogg'sBreakfast Cereals1 year$300,000

luxury Car Collection

Byron Allen garage is a reflection of his enormous accomplishments and complex personality. Performance cars like the Ferrari 812 Superfast capture its spirit of adventure and thrill-seeking while luxury cars like the Bentley Continental GT represent its class and sophistication Its car collection continues to be enhanced by classic cars such as the Porsche 911 Chevrolet Corvette Stingray and Ford Mustang Bus so 429 styles And each car that shows his reverence in the story reflects Allen’s career as a professional and luxury car collector through a story of success adventure.

Car ModelEstimated Price (USD)
Bentley Continental GT$202,500
Ferrari 812 Superfast$335,000
Ford Mustang Boss 429$375,000
Chevrolet Corvette Stingray$62,000
Porsche 911$100,000

More About Byron Allen

Byron Allen impressive real estate portfolio includes a 3.5 acre Malibu estate that sold in 2022 for a staggering $100 million. This spacious property has a four bedroom main house two guest rooms screening room tennis court and beach access. In addition he owns a two-bedroom property in Beverly Hills which he bought for $22 million that same year.

Luxurious Real Estate Portfolio

PropertyLocationAcquisition YearPurchase Price
Malibu EstateMalibu, California2022$100 million
Beverly Hills EstateBeverly Hills, CA2022$22 million

Additional Properties

Additional PropertiesLocation
Aspen ResidenceAspen, Colorado
Maui ResidenceMaui, Hawaii
New York City ResidenceNew York City

Top 5 Achievements and Awards

CategoryAchievement/AwardYear
BusinessFounded Entertainment Studios1993
BusinessAcquired several television stationsOngoing
BusinessLaunched TheGrio.TV2016
EntertainmentWon Streamy Award for Best Variety Show2010
EntertainmentHosted Emmy-nominated talk show1989-1992

Byron Allen's Educational Details

Byron Allen began school at Fairfax High School in Los Angeles where he began performing stand up comedy. He was enrolled at the University of Southern California USC but left before earning his degree because he wanted to focus on his expanding entertainment career. But it is possible that his time at USC honed his writing and communication skills which were crucial for his later career in journalism.

EducationInstitutionLocationPassing Year
High SchoolFairfax High SchoolLos Angeles, CA1979
College (Incomplete Degree)University of Southern CaliforniaLos Angeles, CA 

Byron Allen's Family Details

Byron Allen's immediate family includes his spouse Jennifer Lucas married in 2007 and their three children whose names and ages remain undisclosed. His mother Carolyn Folks served as a supportive figure in his early career as a TV publicist. Not much information is publicly available regarding his father Alvin Folks.

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