Byron Allen Biography

Businessman Byron Allen worked his way into the spotlight as a comedian and television producer. Later, he started his own business and established himself as an entrepreneur in no time. He is widely recognized as the founder and CEO of the television production company. Entertainment Studios .

Byron Allen is a billionaire with a net worth of $400 million.

Former comedian Byron Allen has amassed a whopping net worth of $400 million as of 2019. Allen earned the considerable net worth from his lucrative career as a comedian, television producer, and businessman.

Allen began his career as a comic book writer who later appeared on various television shows. He later produced a few television shows before founding Entertainment Studios in 1992. After that, he mainly focused on the company, which is now a billion dollar company. Furthermore, the company’s annual revenue is reported to be $50 million.

In 2015, Byron Allen hit the headlines after his studies in entertainment and the National Association of Black-Owned Media. he filed a $20 billion discrimination lawsuit against Comcast, Time Warner Cable, the Rev. Al Sharpton, and several other African-American advocacy groups.

The lawsuit alleges that Allen’s production company was denied opportunities to secure distribution on the cable system owned by Comcast and Time Warner.

In January 2018, Byron Allen filed a $10 billion lawsuit against the FCC and Charter Communications for alleged racial discrimination against African-American owned media. He filed the lawsuit in the Central District Court of California.

According to various online sources, the Supreme Court will hear both of Allen’s lawsuits on November 13, 2019.

Byron Allen’s California Mansions

Media mogul Byron Allen owns a series of luxurious homes and mansions in California. As recently as June 2019, Allen purchased a mansion in Beverly Hills for approximately $20 million. The 11,266 square foot home features 8 bedrooms and 8.75 bathrooms.

Byron Allen and his wife Jennifer Lucas with their three children SOURCE: LipstickAlley

Two years later, the lovebirds welcomed their second child, daughter. Olivia Rose Allen on April 7, 2010. And on December 22, 2012, his wife Jennifer Lucas gave birth to the couple’s third child, a son Lucas Byron Allen .

Allen was born in Michigan and moved to Los Angeles during childhood.

Byron Allen was born as the Byron Allen Folk in Detroit, Michigan, United States on April 22, 1961. His mother, Carolyn Folks, who is also a co-founder of Entertainment Studios. On the other hand, the identity of his father has not yet been revealed.

Allen moved to Los Angeles with his mother and soon developed an interest in show business. At the time, he used to accompany his mother to the NBC studios in Burbank, California, where his mother worked as a publicist. Talking about his educational background, Allen graduated from Fairfax High School.