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Rich broke into the film world with the 1991 film Straight Out of Brooklyn, which was financed by credit cards and donations. Rich also plays Larry Love, a major character in the film. The low-budget independent film grossed $2.7 million dollars at the box office and only cost $450,000 to make. Rich was only 19 years old at the time (he wrote the film as a short story at age 17, and first filmed it as an 8-minute short for himself and high school students). The film was critically acclaimed and Rich won many awards, including an Independent Spirit Award.
In interviews, Rich had proudly stated that even though he dropped out of New York University's (NYU) famed Tisch School of the Arts after one month (he accused the faculty of racism), he still made a successful film. This drew criticism from Spike Lee, a Tisch graduate, who accused Rich of being "ignorant". Rich's second film, 1994's The Inkwell, received mixed reviews but was a commercial failure. He has not made another film since.
Today, he serves as CEO of Matty Rich Games, a Los Angeles-based gaming company. Matty Rich Games specializes in family-oriented and Christian-themed video games geared toward the African-American community.
On January 19, 2008 Rich married publicist Leah "Reid" Johnson. They presently live in Los Angeles.
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