Tracey Edmonds Net Worth

What Is Tracey Edmonds' Net Worth?

Tracey Edmonds is an American producer, media executive, television personality, and entrepreneur who has a net worth of $60 million.

Tracey Edmonds is the founder and CEO of Edmonds Entertainment, the production company behind films and television projects including "Soul Food," "Light It Up," "College Hill," "Jumping the Broom," "Games People Play," and "End of the Road."

Edmonds established herself as a producer with the 1997 film "Soul Food," which became a box-office success and inspired a long-running Showtime television series. She later expanded into reality television, digital media, lifestyle content, and on-camera hosting. From 2014 to 2017, she co-hosted "Extra" alongside Mario Lopez and Charissa Thompson and shared in the program's Daytime Emmy Award for Outstanding Entertainment News Program.

Over the course of her career, Edmonds has helped create opportunities for performers including Rosario Dawson, Tracee Ellis Ross, and Mekhi Phifer. She has also built wealth through television production, executive roles, real estate, and the financial settlement from her divorce from music producer Babyface.

Early Life and Education

Tracey Elaine McQuarn was born on February 18, 1967, in Los Angeles, California. She attended Stanford University, where she earned a degree in psychobiology.

After graduating, Edmonds initially worked in mortgage banking and real estate. She soon shifted her attention to entertainment and founded Edmonds Entertainment, giving her a vehicle to develop and own film and television projects rather than working solely as an employee within an established studio.

"Soul Food" and Film Production

Edmonds Entertainment scored an early breakthrough with "Soul Food," a 1997 family drama starring Vanessa Williams, Vivica A. Fox, Nia Long, and Mekhi Phifer. The film's success led to "Soul Food: The Series," which aired on Showtime from 2000 to 2004 and became one of the longest-running dramas featuring a predominantly Black cast.

Edmonds went on to produce or executive-produce films including "Hav Plenty," "Light It Up," "Josie and the Pussycats," "Good Luck Chuck," "New in Town," "Jumping the Broom," "The Postcard Killings," and the Netflix thriller "End of the Road."

Television and Digital Media

Edmonds expanded into unscripted television as an executive producer of BET's "College Hill," one of the earliest reality series centered on students at historically Black colleges and universities. The franchise later returned as "College Hill: Celebrity Edition."

Her other television credits include "DMX: Soul of a Man," "Lil' Kim: Countdown to Lockdown," "Deion's Family Playbook," "With This Ring," and BET's scripted drama "Games People Play."

Edmonds also founded Alright TV, a digital network focused on family, faith, lifestyle, and inspirational programming. She later developed AlrightNow, a health and wellness media platform.

Relationships

Tracey met singer and producer Kenneth "Babyface" Edmonds when she auditioned to appear in the music video for his song "Whip Appeal." They married in September 1992 and had two sons, Brandon and Dylan.

The couple announced their separation in 2005, and their divorce was finalized in 2007. Tracey retained the Edmonds surname professionally.

In January 2008, she and Eddie Murphy held a wedding ceremony in Bora Bora. The ceremony was symbolic rather than legally binding, and they ended their relationship two weeks later.

Edmonds began dating former NFL star Deion Sanders in 2012. They became engaged in 2019 and announced their breakup in December 2023.

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Babyface Divorce Settlement

The financial terms of Tracey and Babyface's divorce were sealed. Contemporary reports claimed that Tracey's settlement may have been worth between $70 million and $100 million through a combination of cash, property, investments, support, and possible music-publishing interests, but those figures were never confirmed publicly.

The divorce has nevertheless been widely described as one of the most expensive celebrity divorces ever.

Real Estate

In 2004, Tracey and Babyface paid $5.15 million for an 8,000-square-foot home in a gated Beverly Hills community. The seller was Creedence Clearwater Revival frontman John Fogerty. Tracey kept the property following the divorce.

She listed the six-bedroom estate for $10 million in 2020 and sold it in August 2021 for $7.49 million.

Edmonds has also invested in other Southern California properties. In 2017, she purchased a Century City townhouse for $1.165 million and sold it the following year for $1.345 million. She also purchased a Sherman Oaks home for $1.46 million in 2017 and later offered it for sale or lease.

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