Tracey Edmonds Net Worth

What is Tracey Edmonds’ Net Worth and Salary?

Tracey Edmonds is a media personality, entrepreneur, and film producer who has amassed an impressive net worth of $30 million. Her annual salary is reported to be around $5.1 million, according to Celebrity Net Worth.

Early Life and Education

Tracey Elaine McQuarn was born in Los Angeles, California on February 18, 1967. She grew up in a family of six children and attended Stanford University, where she earned a degree in Psychobiology.

Career

Tracey’s career in media began as a host for the television show “Soul Train”. She later became the Senior Vice President of “The WB Television Network” and produced shows like “The Parkers” and “Soul Food”.

In 2004, she co-founded “Our Stories Films” with actor and comedian, Eddie Murphy. The company produced hit films such as “Dreamgirls”, “Life”, and “Mr. Church”. Alongside her notable filmography, Tracey is also highly regarded as an entrepreneur within the media industry, with her own production company, “Edmonds Entertainment Group Inc.”.

Personal Life

Tracey Edmonds became engaged to former NFL player and television host, Deion Sanders, in 2012 but later ended the relationship. Prior to that, she was married to singer and producer, Kenneth “Babyface” Edmonds, from 1992 to 2005. Together, they have two sons, Brandon and Dylan.

In 2018, Tracey was recognized for her philanthropic work for underprivileged youth by the “UNICEF Audrey Hepburn Society Ball”.

Real Estate

Tracey has a flair for real estate investments and has made several successful ones throughout her career. In 2004, she purchased a property in Beverly Park, California, for $5.65 million, which she later sold for $10.3 million in 2015. She has also purchased and sold properties in various adjoining neighborhoods such as Hidden Hills and Calabasas.

Legacy

Tracey Edmonds is a trailblazer in the film and entertainment industry. By creating a production company on her own, she became one of the few people of color to own a production company of such a large-scale. Her legacy extends beyond that, as she continues to advocate for diversity and change in Hollywood.

FAQs

1. Which awards has Tracey Edmonds won?

Tracey has been nominated for several awards, including multiple Primetime Emmy Awards for her work in producing television shows. She also won a Daytime Emmy for “The Scooby-Doo Project” in 1999.

2. What is Tracey Edmonds’ most successful movie?

Tracey is a co-producer of “Dreamgirls”, which was a commercial and critical success, having raked in over $154 million in the box office.

3. How did Tracey become successful in the film industry?

Tracey’s success in the film industry came from hard work and dedication. After her time as a host on “Soul Train”, she transitioned to a career in producing television shows. She then founded “Our Stories Films” with Eddie Murphy and produced several hit films.

4. What is Tracey Edmonds’ connection to Oprah Winfrey?

Tracey is the CEO of “OWN: Oprah Winfrey Network” and has produced multiple projects for the network, including the popular show “Queen Sugar”.

5. What is the name of Tracey Edmonds’ book?

Tracey co-wrote a book titled “Who’s Your Daddy?: Discovering the Awesomest Daddy Ever”; it is a memoir dedicated to her father.

6. What is Tracey Edmonds’ production company called?

Tracey Edmonds owns “Edmonds Entertainment Group Inc.”, which she established in 1995.

7. What other industries has Tracey Edmonds ventured into?

Apart from the media industry, Tracey has also ventured into the fashion industry with her clothing line, “Called4”. She has also made various real estate investments, purchasing and selling properties in and around Los Angeles.

8. How does Tracey Edmonds see her contribution to Hollywood?

Tracey has consistently advocated for the importance of diversity in Hollywood. She believes that her contributions to the industry allow for more representation and inclusion in the media.

9. Does Tracey Edmonds have any famous project in the pipeline?

Tracey is presently working on various projects, including a film adaptation of the novel, “The Devil, You Say”.

10. What is Tracey Edmonds’ advice for women in the film industry?

Tracey believes that it is essential for women to be persistent and courageous in pursuing their dreams. She emphasizes the need for a support system and encourages women to support other women in the industry.

11. What is Tracey Edmonds’ involvement in philanthropy?

Tracey has been actively involved in philanthropy, with a focus on improving the lives of underprivileged children. She has worked with several organizations, including “UNICEF” and “The Giving Back Fund”.

12. Where can I connect with Tracey Edmonds on social media?

Tracey is active on Instagram and Twitter, and connects with her followers regularly.

13. Has Tracey Edmonds ever faced any significant career setbacks?

In 2008, “Our Stories Films” filed for bankruptcy after their film “A Thousand Words” failed in the box office.

14. What is Tracey Edmonds’ view on the #MeToo movement?

Tracey has often spoken about the importance of the #MeToo movement, stating that it has created a much-needed dialogue surrounding issues of consent and harassment.

15. What is next for Tracey Edmonds?

Tracey continues to work on various projects in the media and real estate industries. She is dedicated to her philanthropic work and remains an advocate for change and diversity in Hollywood.

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