Profile
American businessman and film producer
#1 in Comedians today
How can a comedian have so much money, more than what a top Hollywood actor earns in their lifetime?
Byron Allen’s Net Worth is estimated to be $900 million, making him one of the richest comedians in the world.
Don’t be mistaken. Allen’s riches is partly due to his tremendously successful media company ‘Entertainment Studios’.
Related: How did Charlie Sheen go Bankrupt?
Wife’s Luxury Lifestyle
Jennifer Lucas, Allen’s wife, is well-known for her extravagant lifestyle. Every day, she spends over $200k on various luxury garments, diamond handbags, ornaments, designer heels, and so on.
Jennifer owns a collection of 130 Gucci and LV handbags worth more than $270,000.
She also has one of the most expensive diamond rings, a rare pink diamond purchased at auction for $30 million by Byron Allen.
Business
Allen Media Group is the name of the company that Byron Allen founded 30 years ago.
The company is currently valued at $5 billion US dollars. Byron Allen owns 10% of the company, which means his stake is valued at $500 million.
Car Collection
Byron Allen spent $2 million on a custom garage to house his collection of over 30 vintage and modern sports cars.
Allen is the owner of two Rolls-Royces, three Ferraris, one Lamborghini, one McLaren, and two Bugattis.
He also recently spent $4 million on a few vintage cars from Clint Eastwood.
Allen gave his wife Jennifer Lucas a $1.2 million Aston Martin Vanquish for their last wedding anniversary.
Expensive Home
Byron Allen purchased one of the most expensive residential houses in the world, a luxury mansion in Malibu, California, in 2022.
The nearly 5-acre property overlooks the Paradise Cove beach and has more than 300 feet of ocean frontage, which surely reflects his huge net worth.
Byron and Jennifer got married in 2007. Jennifer Lucas is a TV show producer, writer, and actress by profession. They have three children.