Tyler Perry, the creator of the infamous Madea character, was named entertainment highest paid man, according to Forbes Magazine.

At age 22 years old, Tyler Perry used his life savings of $12,000 to finance his first stage production at a community theatre in Atlanta. Now, almost 20 years later, that investment has certainly paid off.

According to the Magazine website, Perry earned whopping $130 million dollars between May 2010 and May 2011. The bulk of his earnings comes from him creating and/or starring in five movies and two television series.

Since 2009, he has helped bring successful films such as ‘Precious,’ ‘Why Did I Get Married, Too,’ ‘For Colored Girls,’ and ‘Madea’s Big Happy Family,’ to the big screen.

Perry beat out industry veterans such as producer Jerry Bruckheimer who follows at #2 and Steven Spielberg, who closes out the top three.