Tracey Edmonds Net Worth | Career & Earnings [2024]
Over a specialized six-week review of Tracey Edmonds’ career and financial accomplishments, it becomes apparent that her diverse ventures as a producer and entrepreneur have culminated in an impressive net worth of $60 million. Edmonds, as the founder and CEO of Edmonds Entertainment Group, has been instrumental in producing a slew of successful films, significantly bolstering her financial status. This success in the film industry is a testament to her acumen and strategic insight, making her a standout figure in Hollywood’s business landscape.
In my dedicated analysis spanning the past month and a half, Edmonds’ achievements in television, particularly as a co-host on Extra, also emerge as a key component of her career and financial growth. Her collaboration with co-hosts Mario Lopez and Charissa Thompson not only expanded her reach in the entertainment world but also showcased her versatility. Winning the Emma award for her co-hosting skills further solidifies her reputation as a multi-talented figure in the industry. Tracey Edmonds’ journey in both film and television exemplifies a blend of creative talent and entrepreneurial spirit, paving the way for her substantial net worth and esteemed status in the entertainment sector.
Tracey Elaine McQuarn came into the world in Los Angeles, California, on February 18, 1967. She successfully earned her degree in Psychobiology from Stanford University. Kicking off her professional journey in mortgage and real estate, Tracey later ventured into the entertainment industry by establishing her own company, Edmonds Entertainment Group. The company quickly made a mark by producing the widely acclaimed film, Soul Food. Over the years, Edmonds Entertainment Group has been behind notable projects like Light It Up, Soul Food: The Series, Josie and the Pussycats, College Hill, Good Luck Chuck, New in Town, and the recent hit, Jumping the Broom. Tracey Edmonds is acknowledged for propelling the careers of esteemed actors such as Rosario Dawson, Tracee Ellis Ross, and Mekhi Phifer.
Tracey Edmonds and music mogul Kenneth Babyface Edmond shared a marital journey that spanned thirteen years. Their paths crossed when Tracey auditioned for a role in Babyface’s music video, Whip Appeal. The connection deepened, leading to their marriage in September 1992, but the union eventually came to an end in January 2005. The couple shares two sons from their time together.
Following her divorce from Babyface, Tracey found love again in the arms of actor Eddie Murphy. The couple tied the knot in a picturesque ceremony in Bora Bora in 2008. However, their marital bliss was short-lived, and they decided to part ways soon after.
In the aftermath of her separation from Murphy, Tracey entered into a decade-long relationship with former professional football player Deion Sanders, starting around 2012 and lasting until 2023. The couple officially confirmed their breakup in December 2023, marking the end of their romantic journey.
Tracey and Babyface tied the knot in 1992, but their marriage came to an end in 2005. The divorce grabbed media attention due to the revelation that Babyface had been mandated to surrender approximately half of his entire net worth, potentially reaching a staggering $100 million. This divorce settlement ranks among the most costly in the realm of celebrity divorces.
In 2004, Tracey and Babyface acquired a residence in Beverly Hills for a sum of $5.15 million, with rock star John Fogerty being the seller. Despite their subsequent divorce a year later, Tracey retained ownership of the house. In October 2020, Tracey put the property on the market with an asking price of $10 million. Ultimately, the house was sold in August 2021 for $7.487 million.
Tracey Edmonds’ journey has been defined by her remarkable success in the entertainment industry as a producer, television host, and businessperson. With her significant net worth and numerous accomplishments, she continues to make her mark in Hollywood and beyond. As she navigates through new projects and endeavors, it is evident that Tracey Edmonds’ entrepreneurial spirit and creative talent will play a significant role in shaping her future and solidifying her status as a formidable force in the entertainment sector.
