Born in Los Angeles, California, Tracey Edmonds has become a renowned American producer and entrepreneur in her own right. With a net worth of $60 million dollars, her success is undeniable.
After completing her degree in Psychobiology at Stanford University, Tracey’s professional career began in mortgage and real estate but quickly transitioned into the entertainment industry when she founded her own company named Edmonds Entertainment Group. The company would produce many successful projects under its belt such as “Light it Up,” “Soul Food: The Series,” “Josie and the Pussycats,” “College Hill,” and more. One of Tracey’s most remarkable achievements throughout her career was launching the careers of famous actors such as Rosario Dawson, Tracee Ellis Ross, and Mekhi Phifer.
Person Name: | Tracey Edmonds |
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Net Worth: | $60 million |
Date of Birth: | N/A |
Place of Birth: | Los Angeles, California |
Gender: | Female |
Profession: | Producer, Entrepreneur |
Despite her success in the industry, Tracey’s high-profile divorce from music mogul Kenneth “Babyface” Edmond made headlines back in January 2005. Following a thirteen-year marriage that produced two sons together, their divorce settlement was equally newsworthy; Babyface was ordered to pay nearly half of his total net worth amounts up to $100 million. Making it one of the most expensive celebrity divorces ever.
The Rise and Success of Tracey Edmonds: A Look at Her Net Worth and Career in the Entertainment Industry
After separating from Babyface Edmon back in 2005, Tracey moved on with Eddie Murphy in Bora Bora three years later but later called it quits. Nevertheless, rumors suggest that she is currently dating former pro-football player Deion Sanders.
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To add to her achievements, back then in 1992 until they divorced only a year later. Through their short-lived matrimonial journey together happened to purchase an exquisite Beverly Hills home for almost $5.15 million from rock star John Fogerty. Despite their separation and divorce settlement; Tracey kept the $10 million home as it got listed for sale back in October 2020.
Throughout her journey, Tracey Edmonds has proved that she is a powerful woman who will stop at nothing to achieve success. Her tenacity and determination have paved the way towards monumental accomplishments; her life serves as an excellent example of what can be achieved with hard work, perseverance, and dedication.
Conclusion
Net worth is one of the most significant and coveted metrics in the entertainment industry, and Tracey Edmonds’s net worth of $60 million signifies just how successful she has become over the years. She owes a considerable chunk of this wealth to her production company, which has churned out several successful films and TV series.
Tracey’s divorce settlement made headlines worldwide due to Babyface Edmond having to pay approximately half his net worth. This event implies that her assets are valuable, but it also shows that she was an integral part of her ex-husband’s success in the industry.
Tracey has been married once before, and although it only lasted a year, they ended up purchasing a multi-million dollar home together. Today, despite being briefly involved with Eddie Murphy and rumored to be dating former pro-football player Deion Sanders, Tracey remains a fierce businesswoman who continues to grow her wealth and influence in the industry.