What Is The Net Worth of Byron Allen?
Byron Allen Net Worth: Most of Byron Allen’s net worth and the money he has earned comes from being a businessman. Today, Byron Allen’s net worth is estimated to be close to $400 million dollars.
Byron Allen’s salary and income per year can vary depending on multiple undertakings within the entertainment business.
Michael Bezjian / Getty Images
Byron Allen Net Worth:
$400 Million
| Net Worth: | $400 Million |
| Real Name: | Byron Allen Folks |
| Date of Birth: | 22nd April 1961 |
| Age, How Old: | 58 Years Old |
| Nationality: | American |
| Place of Birth: | Detroit, MI |
| How Tall, Height: | 5′ 7″ (1.75 m) |
| Profession(s): | Businessperson, Television producer |
| Partner: | Jennifer Lucas (m. 2007–trending) |
| Last Updated: | 2020 |
Byron Allen is a 58-year-old American businessman from Detroit, MI. The 5′ 7″ (1.75 m) tall was born on April 22, 1961.
Early Life: Allen started showing up at comedy clubs since age 14, he continued with his stand-up routine all through Los Angeles night clubs.
His enthusiasm for the show business sparked when he would go with his mom to NBC studios who worked as a publicist in Burbank.
Career: Allen joined his comedy group at age 14 which included youthful entertainers like Jay Leno and David Letterman, he was invited by comic Jimmie Walker who saw Allen’s high-quality standup act.
How Byron Allen got rich?
Byron Allen’s net worth is certainly $400 million, he started to get rich with his earliest job as a regular presenter on the NBC series Real People, he later made his TV debut on The Tonight Show Starring Johnny Carson at age 18.
In 1992, his show “Kickin’ It with Byron Allen” made it to the rundown of the longest-running TV series in the United States. In 1993 he established Entertainment Studios in Los Angeles and started his first series “Entertainers with Byron Allen”.
Later, Allen proceded with the launch of 8 24-hour HD television networks in 2019, his top channels among the many were; Cars.TV, Comedy.TV, Comics Unleashed, Beautiful Homes & Great Estates, Pets.TV, Recipe.TV, etc.
In September 2012, two of his primetime sitcoms “The First Family” and “Mr. Box Office” additionally made its first invasion into scripted programming.
In 2016, Allen focused on providing convincing entertainment to African-Americans, his Entertainment Studios purchased ‘TheGrio’, a video-driven news and lifestyle content provider.
In 2017, one of his produced game show ‘Funny You Should Ask‘ was also added.
How much did Byron Allen pay for the Weather Channel?
In March 2018, for around $300 million, Allen procured the TV resources of The Weather Channel, and in 2019, he is set to launch THE WEATHER CHANNEL ESPANOL which is scheduled for 2024.
Also, The Walt Disney Company had to sell Fox Sports Networks to Sinclair Broadcast Group which Allen partnered to acquire it and he will soon also launch LOCAL NOW, controlled by THE WEATHER CHANNEL as well.
Accomplishments:
1. Selected for the Bloomberg 50 as a global business leader (2018),
2. selected for the 100 Most Intriguing Entrepreneurs at the Goldman Sachs Builders & Innovators Summit 2018,
3. recipient of NATPE’s 16th Annual Brandon Tartikoff Legacy Awards (2019),
4. honored with the 2019 Whitney M. Young Jr. Award.
Personal Life:
Allen is a proud father of three children with wife Jennifer Lucas who he married in 2007. He has two girls Chloe Ava Allen (b. 2008) and Olivia Rose Allen (b. 2010), and a son Lucas Byron Allen, (b. 2012).
To conclude, Byron Allen’s net worth is estimated at $400 million dollars.
News.
31st Oct 2019: Byron Allen hits big and wants more, today Entertainment Studios Inc has completed more than 25 years in the entertainment business. Allen alleges that the Comcast & Charter Communications broadened racial discrimination for Blacks and are in violation of the Civil Rights Act of 1866. In November, the $20 billion dollar case has been agreed for hearing by the Supreme Court and if Allen wins it would be a big-time win for Black companies and Black media.
Why did Byron Allen buy theGrio? This what he had to say… “I felt it was important to buy theGrio, you know, to own our position in the marketplace and to really control our narrative. So, you know, it’s very important to me because when my children were born, I had a white guy say to me, it’s important that you have Black ownership.“
Read Other Interesting Net Worth Stories.
Quotes from Byron Allen
“Hollywood is a casino. You have to put your chips on the table and hope for the best.”
— Byron Allen
“I think you develop strong instincts when you’re a comedian. You have to pay your bills by making people laugh every six seconds… or not. I had to do that for 22 years.”
— Byron Allen
“I’m listening to the audience. Too many people in Hollywood make what they want to see and not what we want to see. I’m about us. Not about me.”
— Byron Allen
