Tracey Edmonds is an American media mogul, entrepreneur, and philanthropist who has made a name for herself in the entertainment industry. With her impressive resume of multiple businesses, production credits, and achievements in her career spanning over two decades, it’s no wonder that Edmonds has amassed a sizable net worth. In this article, we’ll take a look at Tracey Edmonds’ net worth and how she has managed to achieve such success.
Who is Tracey Edmonds?
Tracey Edmonds is a prominent media mogul, entrepreneur, and philanthropist who has achieved success in the entertainment industry. She began her career as an executive for BET Network and later joined Steve Harvey’s production team on the hit show Family Feud. After leaving the show, she started her own production company, Edmonds Entertainment Group, which is responsible for producing multiple successful television shows and movies.
Significance of discussing her net worth
The significance of discussing Tracey Edmonds’ net worth is to serve as an inspiring example for other entrepreneurs and aspiring business moguls. By looking at her success story, we can learn what it takes to become a successful media figure and entertainment industry leader. Through Edmonds’ hard work and dedication, she has been able to build a multi-million dollar empire and achieve great wealth.
Early Life and Career
Background information on Tracey Edmonds
Tracey Leigh Edmonds was born on July 18, 1967 in Los Angeles, California. She attended Stanford University and graduated with a degree in Communications and Film & Television Production. After graduating, she began working as an executive for BET Network. During her time there, she produced many shows such as 106th & Park and Rap City: Tha Basement.
Her early career and rise to success
Tracey Edmonds’ career started to take off after she left BET Network and joined Steve Harvey’s production team for the hit show Family Feud. From there, she went on to become a major player in the entertainment industry by starting her own production company, Edmonds Entertainment Group. Through her company, she has produced numerous successful television shows and movies including Soul Food, Beauty Shop, and Jumping the Broom.
Net worth during this time
During this time, Tracey Edmonds’ net worth began to skyrocket. Her hard work and dedication to her craft resulted in multiple successful projects that earned her millions of dollars. Through Edmonds Entertainment Group, she was able to produce various hit television shows and movies that generated immense profits and opened the door for more opportunities. Through these investments, Edmonds saw her net worth grow to an impressive amount.
Production Company and Projects
Formation of Edmonds Entertainment Group
In 1997, Tracey Edmonds founded her own production company, Edmonds Entertainment Group. Through her company, she was able to produce numerous successful television shows and movies including Soul Food, Beauty Shop, and Jumping the Broom. She has also produced various reality television shows such as Keyshia Cole: The Way It Is and Iyanla: Fix My Life. In addition, she has also produced a range of live concert specials and music videos.
Projects produced by Edmonds Entertainment Group
Edmonds Entertainment Group has produced a range of high-profile projects including Soul Food, Beauty Shop, and Jumping the Broom. Additionally, the company has also produced various reality television shows such as Keyshia Cole: The Way It Is and Iyanla: Fix My Life. Furthermore, Edmonds Entertainment Group has also produced a number of live concert specials and music videos featuring some of the biggest names in music.
Net worth during the production company’s success
As Edmonds Entertainment Group began to experience success, Tracey Edmonds’ net worth began to skyrocket. Through producing hit television shows and movies, her production company was able to generate immense profits that helped her become one of the wealthiest media moguls in the entertainment industry. With multiple successful projects under her belt, Edmonds’ net worth grew to an impressive amount.
Business Ventures outside of Entertainment
Tracey Edmonds’ involvement in other business ventures
In addition to her success in the entertainment industry, Tracey Edmonds has also been involved with various other business ventures. She is the CEO of Rich and Bizzy Productions, an independent production company based in Los Angeles. She is also a partner at SERO Creative Agency, which provides marketing and public relations services for top brands. Edmonds even has her own line of bath and body products called Rich and Bizzy.
Net worth gained from these ventures
Tracey Edmonds’ involvement in various other business ventures have also helped contribute to her impressive net worth. With her own production company, Rich and Bizzy Productions, and a partnership at SERO Creative Agency, she has been able to generate significant profits from these investments. Her line of bath and body products, Rich and Bizzy, has also become a successful venture, helping her add to her existing net worth.
Real Estate Investments
Tracey Edmond’s involvement in real estate investments
Tracey Edmonds has been very successful when it comes to real estate investments. She owns multiple properties all over the United States including a stunning mansion in Bel Air, California which was bought for $10 million in 2015. In addition, she also owns a number of rental properties in Los Angeles and New York City. Edmonds is clearly an astute investor who has been able to generate significant returns from her investments in real estate.
Properties owned by Edmonds
Tracey Edmonds has invested heavily in real estate over the years and owns multiple properties across the United States. Her most notable property is a stunning mansion in Bel Air, California which was bought for $10 million in 2015. She also owns rental properties in Los Angeles and New York City, including luxury condos, townhomes, and single family homes.
Estimated net worth from these investments
Tracey Edmonds’ investments in the entertainment industry, other business ventures, and real estate have all contributed to her impressive net worth. Through her production company, Edmonds Entertainment Group, she has generated immense profits from the hit television shows and movies that it produces.
Her involvement with Rich and Bizzy Productions and SERO Creative Agency have also added to her existing wealth. Furthermore, her extensive real estate investments have also helped to add to her existing net worth. It is estimated that Tracey Edmonds’ current net worth is around $60 million.
Philanthropy and Charity Work
Tracey Edmonds is an avid philanthropist who believes in giving back to the community. She is a board member of the Unite4:Good Foundation, an organization that works to support charities and causes that foster positive change in people’s lives. She has also been involved with numerous other organizations including the Make-A-Wish Foundation, the Starkey Hearing Foundation, and the Los Angeles County Museum of Art.
Net worth donated to charity
Tracey Edmonds is committed to giving back to the community and her philanthropic efforts extends beyond her involvement with various organizations. She has donated a significant portion of her net worth to various charities and causes over the years. Some of the organizations that have benefited from Edmonds’ donations include the Make-A-Wish Foundation, the Starkey Hearing Foundation, and the Los Angeles County Museum of Art.
Conclusion
Tracey Edmonds is an incredible example of an accomplished businesswoman who has been able to achieve immense success in her career. Through her involvement with the entertainment industry, other business ventures, and real estate investments she has managed to accumulate a net worth of around $60 million. On top of this, she has also used her wealth to support various charities and causes that foster positive change in people’s lives. Tracey Edmonds is truly an inspiration to all aspiring entrepreneurs and businesspeople.
