Tracey Edmonds is a personality who holds one of the highest positions in the American Entertainment Industry. She has been a famous and talented television personality.
Aiming towards her goals and dream life Tracy produced some of the best shows and films. We all can learn something from the that will elevate our way of being and eventually life.
Passionate, optimistic, and creative are a few of the qualities she always had. And there’s no wonder looking at her net worth how she did all of that by herself.
A supportive community is important for one’s growth but it all starts with us and our sense of discipline.
Let’s find out more about Tracey Edmonds’s life story including her net worth, personal life, and much more.
Tracey Edmonds Net Worth
Tracey Edmonds estimated net worth is $60 million approximately as of 2023. Her estimated net worth for the previous year 2022 was $58 million approximately.
Her career is diverse in several creative and managing fields. However, Edmonds has kept her best foot forward in every decision she made in her life.
Speaking of her annual income is estimated to be around $2 million approximately. Sure, she made mistakes in her growing career and business but she made it through.
| Tracey Edmonds Net Worth & Earning Stats | |
|---|---|
| Name | Tracey Edmonds |
| Net Worth (2023) | $60 Million |
| Net Worth (2022) | $58 Million |
| Salary (Yearly) | $2 Million |
| Primary Earning Source | Television |
Tracey Edmonds Earning Sources
Tracey Edmonds has numerous income sources as she has diversified professions. Her business generates a huge amount of wealth.
Coming on her other professions which are being a famous producer and television personality. Edmonds has produced some quite famous shows and films.
For this, she receives a lot of royalties as well. Edmonds consistently does brand promotions, advertisements, and endorsements that also play a significant part in her earnings.
Who Is Tracey Edmonds?
Tracey Edmonds is a television producer, businesswoman, and personality from the United States.
She served as the anchor of the television program Extra before becoming the CEO of Edmonds Entertainment Group Inc. and Alrightnow.com.
Edmonds now holds a position on the Producers Guild of America’s national board of directors.
She is also a member of the “Academy of Motion Pictures Arts and Sciences” and has represented the renowned NGO “CARE” internationally.
Early Life of Tracey Edmonds
Tracey Edmond was born Tracey Elaine McQuarn on 18th February 1967 and is 56 years of age as of 2023. She was born in Los Angeles, California, United States, and holds American nationality.
Her parents were George McQuarn and Jacqueline McQuarn. Tracey had outstanding academic prowess as a young child.
She realized she would have to put in a lot of study time if she wanted to pursue her dream of becoming a doctor.
Edmonds wanted to take some time off after finishing high school at the age of 16 so she could determine what she wanted to do with her life.
She enrolled in Stanford University’s pre-medical college in the interim. Her degree is in psychobiology.
Before she started college, her parents divorced. Although she had received a scholarship as a result of her excellent grades, it did not fully pay the price of attending a prestigious institution like “Stanford.”
Edmonds graduated with a mountain of student loan debt hanging over her head. By that time, she had lost interest in going after her earlier ambitions of becoming a psychologist or a doctor.
She quickly started working as a broker since she had to earn enough money to maintain her family.
Tracey Edmonds decided to partner with her mother to start a real estate sales office once she had enough money.
In Newport Beach, where they had a few racist situations, the mother-daughter team effectively ran the business.
When Tracey became weary of it, she requested her mother to move the family’s real estate business to Los Angeles. The family soon relocated to Los Angeles to start over.
Tracey Edmonds Financial Success
She first met singer-songwriter Kenneth Edmonds in 1990. For Tracey, this was a pivotal moment in her life.
He was a well-known figure in the music business and shared insights on how Tracey could launch a highly successful business in music publishing.
As a result, she established her business, Yab Yum Entertainment.
Jon B was one of the very first musicians to sign with the label. Soon, several additional musicians joined, and the business flourished.
She had already wed Kenneth at that point, and the two of them joined the business as partners.
Tracey had ambitions beyond only running a prosperous record label; she also wanted to break into the film industry.
As a result, the “Edmonds Entertainment Group” was established in 1993. Initially, the business was engaged in several facets of film production.
Tracey not only had the commercial acumen to run a profitable company, but she was also well-versed in the craft of filmmaking.
In 1997, she created her debut movie, “Soul Food.” Both critically and financially, the movie was a huge success.
In the movie, every single character was black. It gave a positive impression of the African-American community.
The movie ultimately received overwhelmingly excellent reviews and multiple accolades, including the “Acapulco black film festival” award for “best film” and the “NAACP image award” for “outstanding motion picture.”
Rise To Prominence
Inspired by the popularity of her first movie, Tracey made another movie called “Have Plenty,” which once again included an all-black ensemble.
Despite having a very low budget, the movie made more than ten times what it cost to produce.
The movie, which was released by “Miramax Films,” also managed to garner some excellent reviews, making it a clear winner in every way.
Because of her success as a producer, Tracey has held several important positions in businesses connected to the American film industry.
She has had a position on the Producers Guild of America’s board of governors. She has also served on the American Film Institute’s board of trustees.
Other Works
Furthermore, she belongs to the “Academy of Motion Pictures Arts and Sciences.” She has also served as the leader of CARE, an organization dedicated to reducing global poverty.
The company is particularly interested in African nations like Sierra Leone that have the potential for rapid expansion.
She currently holds the positions of president and CEO of the “Edmonds Entertainment Group.”
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Tracey Edmonds Personal Life
Tracey Edmonds’s current dating life is not known. After dating Kenneth Edmonds for two years, a.k.a. “Babyface,” Tracey wed him in 1992.
Dylan and Brandon were the names of their two boys. In 1995, the couple divorced. Tracey dated Deion Sanders, a sports player, and actor Eddie Murphy after her divorce.
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Why Is Tracey Edmonds’s Net Worth So High?
Tracey Edmonds has worked her way off the ground and managed to get herself to step every ladder on her way. She didn’t care about the outcome but instead focused on her efforts.
Her being there for her family and managing business with her mother was the initial start of her long journey. But she has come far and now miles to go.
Being on the board of directors of ‘The Producers Guild of America’ is a reputable position and she is maintaining it with high dignity. We don’t think there’s anything left to justify why she has a massive net worth.
That was all. Kindly share your thoughts in the below comment section with us.
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