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Byron Allen Net Worth 2020

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Facts of Byron Allen

Full NameByron Allen Folks
First NameByron
Middle NameAllen
Last NameFolks
Birth NameByron Allen Folks
ProfessionBusinessman, Stand-up Comedian
NationalityAmerican
EthnicityAfro-American
Birth CityDetroit, Michigan
Birth CountryAmerica
Gender IdentityMale
Sexual OrientationStraight
Marital StatusMarried
SpouseJennifer Lucas (m. 2007)
No Of Children3
AwardsDaytime Emmy Award for Outstanding Lifestyle Program
FilmographyThe Tonight Show Starring Johnny Carson
EducationUniversity of Southern California, Fairfax High School
Height175 cm
Twitter Profile
Date of BirthApril 22,1961
Age59 years
Married Date2007
Networth
Year2019
Amount$400 million
Currencyusd
Year2020
Amount$400 Million
Currencyusd

How Much Is The Net Worth Of Byron Allen?

With a net worth of around $400 million as of 2020, Byron Allen has built a successful media empire starting as a standup comedian. As of now, Allen is one of the biggest media brands in the world. He debuted in the entertainment world at the young age of 14.      

The Daytime Emmy Awardee Byron Allen is a multi-millionaire comedian and TV producer. Here know about Allen's continuously growing net worth, assets, ventures, and his huge empire.  

He Makes Money as Film & TV Producer

As of 2020, Byron Allen is estimated to have a net worth of around $400 million according to Celebrity Net Worth. He mainly earns from his career as a comedian and TV producer. 

He mainly makes huge money from his 1993 Entertainment Studios. Firstly his skills were recognized by Jimmie Walker when he was just 14 years old. 

Then, Walker recruited him for writing punchlines and Jokes for Jay Leno and David Letterman. He made around $25 per joke.  

How Much Is The Net Worth Of Byron Allen? $400 million
How Much Is The Net Worth Of Byron Allen? $400 million

At the young age of 18, he debuted in the entertainment world through Tonight Show with Johnny Carson. He was titled as the youngest comedian ever to perform on the show. 

Although he debuted as a TV comedian, he is popular as a producer. He has produced movies and TV series including We Have a Dream, The American Athlete, Destination Stardom, beautiful homes & Great Estates, Jammin’ and many more.

A source reported that he got around $48.2 million from the entertainment Studios 2017 Movie gross Revenue. 

Income Sources: In 2009, he Launched Six HD Channels

Similarly, from 2009, Allen became the first to launch the six HD networks including Pets.TV, Comedy.TV, Recipe.TV, Cars.TV, ES.TV, and MyDestination.TV. A source cited his revenue from the channels to be around $100 million.

Byron Allen
Byron Allen

Likewise, on 21 March 2018, Byron Allen’s company Entertainment Studios acquired The Weather Channel of around $300 million. He expanded his portfolio from Comcast Corp. and private-equity firms Blackstone Group LP and Bain Capital by adding assets of the Weather Channel.

Apart from his career, he also earned from his endorsements deals, lucrative agreements and commercials. Although the details on his lucrative deals are not available, he is claimed to earn in between six to seven digits figure.

In May 2019, Allen was looking forward to expand his media venture.

He Lives in His Mansion Worth in Millions

Regarding his assets and lavish lifestyle, Byron Allen bought a $17 million in Beverly Hills featuring the celebrity neighbors including Tom Cruise, Mitchell Julis, and Steve Bing.  

Byron Allen Assets: Houses, Cars
Byron Allen Assets: Houses, Cars 

Recently in February 2018, he purchased an oceanfront estate in Maui, Hawaii for $22.8 million. 

Expenses in Cars

He is also fond of cars and SUV but the information about his cars collection is not revealed and the same goes for his taxes payment and insurance premiums.

Actively Involved in Charity and Against Racial Discrimination

Allen is also involved in some charity works. He filed a racial discrimination lawsuit against AT&T. 

Likewise, he also sued a lawsuit against the FCC and Charter Communications for $10 billion.

Charge Against Comcast

In the year 2015, Allen filed a case against Comcast claiming that the cable network refused to air his channels from Entertainment Studios Network just because he was the black owner of the studio and that Comcast had decided to only air white-owned channels.

However, later, Comcast refused his claim saying Allen's channel was rejected because of the low viewership. 

Byron Allen Personal Life- Age, Married, Girlfriend, Wife, Children, Son, Daughter, Height, Weight

Byron Allen aka Byron Allen Folks was born on 22 April 1961 under the sun sign Aries. He was born as the youngest son of Carolyn Folks in Detroit, Michigan, the United States. He holds an American Nationality and belongs to the Afro-American Ethnicity.  

As of 2019, Bryon Allen is 58 years old.

Bryon Allen and his wife Jenifer Lucas
Bryon Allen and his wife Jenifer Lucas

Coming to his personal life, Allen is married to his longtime girlfriend-turned-wife Jennifer Lucas in 2007. The romantic couple is blessed with three children; two daughters Olivia Rose Allen and Chloe Ava Allen & son Lucas Bryon Allen.

Bryon Allen stands tall at the height of around 5 feet 7 inches (1.75 m) and weighs around 57 kg (125 pounds).

Updated On Mon Jun 08 2020 Published On Tue Jul 02 2019 By Binish Tamang

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