Tracey Edmonds is an American producer and entrepreneur with a net worth of $60 million. Born in Los Angeles, California, Edmonds graduated from Stanford University with a degree in Psychobiology. She began her professional career in mortgage and real estate and later founded her own entertainment company, called Edmonds Entertainment Group.
Early Life and Career
Tracey Elaine McQuarn, popularly known as Tracey Edmonds, was born on February 18, 1967, in Los Angeles, California. She graduated from Stanford University with a degree in Psychobiology. Edmonds began her career in the real estate and mortgage industries before moving on to establish her own company, Edmonds Entertainment Group.
Edmonds Entertainment Group
Edmonds’ company has had massive success, producing numerous projects and hits such as “Soul Food”, “Light It Up”, “Soul Food: The Series”, “Josie and the Pussycats”, “College Hill”, “Good Luck Chuck”, “New in Town”, and the recent hit, “Jumping the Broom”. Tracey Edmonds is credited with launching the careers of several actors, including Rosario Dawson, Tracee Ellis Ross, and Mekhi Phifer.
Personal Life
Tracey Edmonds was married to music mogul Kenneth “Babyface” Edmonds for 13 years. They met when Tracey auditioned to dance in Babyface’s music video for his song “Whip Appeal.” They got married in September 1992 and divorced in January 2005. Tracey and Babyface have two sons together.
Tracey Edmonds then married Eddie Murphy in Bora Bora in 2008, but the couple split soon after. Presently, Tracey is rumored to be dating former pro-football player Deion Sanders.
Babyface Divorce Settlement
Tracey Edmonds’ divorce from Babyface was one of the most expensive celebrity divorces ever. When they divorced in 2005, Kenneth “Babyface” Edmonds was ordered to pay out half of his total net worth, which represented roughly $100 million.
Real Estate
Tracey Edmonds listed her Beverly Hills home for sale in October 2020 for $10 million. The property was reportedly purchased in 2004 by Tracey and Babyface for $5.15 million from rock star John Fogerty.
Tracey Edmonds is a successful producer, entrepreneur, and businessperson with a net worth of $60 million. She has made her mark in the entertainment industry and is credited with launching the careers of several popular actors.
