Tracey Edmonds’ net worth is estimated to be $60 million in 2024. As a successful businesswoman, television producer, and entertainment executive, Edmonds has built an impressive career spanning several decades. She is best known as the CEO of Edmonds Entertainment Group Inc and Alrightnow.com, as well as for producing hit films and TV shows like “Soul Food” and “Games People Play.” Edmonds has also served as a television host and sits on the national board of directors for the Producers Guild of America. Her diverse portfolio of work in the entertainment industry has contributed significantly to her substantial net worth.
Tracey Edmonds Biography Key Facts
| Attribute | Details |
|---|---|
| Full Name | Tracey Elaine Edmonds |
| Net Worth 2024 | $60 million |
| Profession | Businesswoman, Television Producer, Entertainment Executive |
| Date of Birth | February 18, 1967 |
| Age in 2024 | 57 years old |
| Birthplace | Los Angeles, California, USA |
| Gender | Female |
| Height | 5’9″ (1.75 m) |
| Ethnicity | African-American |
| Nationality | American |
| Parents’ Names | George McQuarn (Father), Jacqueline McQuarn (Mother) |
| Husband | Formerly married to Kenneth “Babyface” Edmonds (1992-2007) |
Early Life
Tracey Edmonds was born on February 18, 1967, in Los Angeles, California. She grew up in a family that valued education and ambition. Edmonds displayed exceptional academic prowess from a young age, which led her to enroll at Stanford University at just 16 years old. There, she designed her own major in psychobiology, combining studies in neurobiology and psychology. This unique educational background would later prove valuable in her multifaceted career in the entertainment industry. After graduating from Stanford in 1987, Edmonds initially entered the real estate and mortgage business before transitioning to entertainment.
Career
Tracey Edmonds’ career in entertainment began in the early 1990s when she founded Edmonds Entertainment Group Inc. with her then-husband, Kenneth “Babyface” Edmonds. Her first major success came with producing the hit film “Soul Food” in 1997, which led to a successful television series adaptation. Edmonds went on to produce numerous films and TV shows, including “Light It Up,” “Josie and the Pussycats,” and “Jumping the Broom.” She also ventured into reality television, producing shows like “College Hill” for BET. In addition to her production work, Edmonds served as a co-host on the entertainment news program “Extra” from 2014 to 2017, earning an Emmy Award for her contributions.
Tracey Edmonds Net Worth 2024
Tracey Edmonds’ net worth of $60 million in 2024 is a testament to her successful career in the entertainment industry. Her wealth primarily comes from her work as a producer and executive in film and television. As CEO of Edmonds Entertainment Group Inc., she has overseen numerous profitable projects. Additionally, her role as founder and editor of Alrightnow.com, a lifestyle and wellness website, contributes to her income. Edmonds has also earned money through her television hosting duties and various business ventures. Her strategic investments and real estate holdings likely play a role in maintaining and growing her wealth.
Awards and Achievements
Throughout her career, Tracey Edmonds has received numerous accolades for her contributions to the entertainment industry. In 2016, she won an Emmy Award for Outstanding Entertainment News Program for her work on “Extra.” Her production of “Soul Food: The Series” earned multiple NAACP Image Awards, including Outstanding Drama Series for three consecutive years. Edmonds received the Ebony Magazine’s Outstanding Women in Marketing & Communications Entrepreneur Award in 2002 and the National Organization for Women’s Excellence in Media Award in 2005. She was also honored with the Alliance for Women in Media SoCal’s Genii Award for Excellence in Entertainment in 2016.
Personal Life
Tracey Edmonds was born to George and Jacqueline McQuarn in Los Angeles. She was previously married to music producer Kenneth “Babyface” Edmonds from 1992 to 2007, with whom she has two sons, Brandon and Dylan. After her divorce, she briefly married actor Eddie Murphy in 2008, though the union was later annulled. Since 2012, Edmonds has been in a relationship with NFL Hall of Famer Deion Sanders. They announced their engagement in February 2019. Edmonds is known for balancing her successful career with her role as a mother and her philanthropic efforts, particularly in supporting education and empowering women in business.
Favorite Quotes from Tracey Edmonds
- “Success is not about how much money you make. It’s about the difference you make in people’s lives.”
- “I believe that you can achieve anything you set your mind to if you’re willing to work hard and stay focused.”
- “As a producer, my goal is to tell stories that entertain, inspire, and make a positive impact on society.”
- “Balance is key in life. You have to find a way to juggle your career, family, and personal growth.”
- “Empowering other women in the industry is not just a responsibility, it’s a privilege.”
FAQs
What is Tracey Edmonds’ primary occupation?
Tracey Edmonds is primarily known as a businesswoman, television producer, and entertainment executive. She is the CEO of Edmonds Entertainment Group Inc and Alrightnow.com.
Has Tracey Edmonds won any major awards?
Yes, Tracey Edmonds has won several awards, including an Emmy Award for her work on “Extra” and multiple NAACP Image Awards for producing “Soul Food: The Series.”
Who is Tracey Edmonds currently engaged to?
Tracey Edmonds is currently engaged to NFL Hall of Famer Deion Sanders. They announced their engagement in February 2019.
What is Tracey Edmonds’ educational background?
Tracey Edmonds graduated from Stanford University with a degree in psychobiology, a major she designed herself combining neurobiology and psychology.
What was Tracey Edmonds’ first major success in the entertainment industry?
Tracey Edmonds’ first major success in the entertainment industry was producing the hit film “Soul Food” in 1997, which later led to a successful television series adaptation.
Conclusion
Tracey Edmonds has established herself as a formidable force in the entertainment industry, with a net worth of $60 million in 2024 reflecting her success. Her journey from a Stanford graduate to a renowned producer and business executive showcases her versatility and determination. Edmonds’ contributions to film and television production, coupled with her business acumen, have not only brought her financial success but also critical acclaim and industry recognition. As she continues to innovate and inspire in the entertainment world, Tracey Edmonds remains a role model for aspiring producers and entrepreneurs, particularly women and minorities in the industry.
