Byron Allen Net Worth, Age, Bio, Is He A Billionaire?

Byron Allen Net Worth
Byron Allen, an American businessman, television producer, and comedian whose full name is Byron Allen Folks has a net worth of $850 million.
Profile Summary
Net Worth | $850 million |
Name | Byron Allen Folks |
Full Name | Byron Allen Folks |
Gender | Male |
Born | April 22, 1961 |
Age | 62 years old (as of 2023) |
Place of Birth | Detroit, Michigan, USA |
Nationality | American |
Mother | Carolyn Folks |
Wife | Jennifer Lucas (married in 2007) |
Byron Allen Folks Biography
Byron Allen Folks, an American businessman, television producer, and comedian, was born on April 22, 1961. He is the founder of Entertainment Studios, a U.S. media company involved in television and film production, broadcasting, and digital media. Born in Detroit, he later moved to Los Angeles, where his journey in show business began during his childhood when he often accompanied his mother, Carolyn Folks, to NBC Studios in Burbank, where she worked as a publicist.
Byron Allen Age
Byron Allen was born on April 22, 1961, which makes him 62 years old as of 2023.
Byron Allen Folks Career
At the age of 14, Allen started performing stand-up comedy in Los Angeles, and he attended Fairfax High School before going to the University of Southern California. He gained attention when comedian Jimmie Walker invited him to join his comedy writing team, alongside young comedians Jay Leno and David Letterman. In 1979, at just 18 years old, Allen made his television debut on The Tonight Show Starring Johnny Carson, becoming the youngest comedian ever to perform on the show. This appearance marked the beginning of his exploration of the television industry.
Following his appearance on The Tonight Show, NBC cast Allen as a reporter for its series Real People, marking his first role in network prime time. He co-wrote and co-starred in the 1988 CBS television film Case Closed, hosted The Byron Allen Show from 1989 to 1992, and toured as an opening act for renowned musicians.
What Is Byron Allen Famous For?
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Byron Allen is renowned for founding Entertainment Studios, a media company with diverse interests in television and film production, broadcasting, and digital media. He is also famous for his early stand-up comedy career and numerous television appearances.
Parents
Byron Allen's mother is Carolyn Folks.
Byron Allen Relationship/Husband
Byron Allen married TV producer Jennifer Lucas in 2007.
Children
The couple has three children.
Additional Achievements
In 2018, Byron Allen was selected for the Bloomberg 50 for his noteworthy accomplishments in business and entertainment. He was also honored at various events, including the Goldman Sachs Builders & Innovators Summit and The Salvation Army's Christmas Kettle luncheon.
In January 2019, he received the Brandon Tartikoff Legacy Award from the National Association of Television Program Executives and the Whitney Young Award at the Los Angeles Urban League Awards dinner.
In February 2023, the African American Student Union of the Harvard Business School presented Allen with its inaugural Legendary Honor.
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Byron Allen serves on the Motion Picture & Television Fund Board of Governors.
Residences
Byron Allen has residences in Aspen, Maui, Los Angeles, and New York City. In 2022, he purchased a two-home compound in Beverly Hills, California, for $22 million and a mansion in Malibu, California, for $100 million, which was reported to be the most expensive U.S. home purchase ever made by an African American.