Kevin Hart's $650 million Hartbeat empire is crumbling under layoffs lawsuits and leadership chaos
Billionaires Africa | 04.06.2026 18:05
Kevin Hart built Hartbeat to be the Tyler Perry of comedy. A fully integrated media company, rooted in his name and propelled by his global reach, that could generate profitable content independent of any single studio or streaming platform. At its 2022 peak, following a $100 million investment from private equity firm Abry Partners, the company was valued at approximately $650 million. Three years later, that valuation is a distant memory and the company is fighting on multiple fronts simultaneously.