Tyra Banks Net Worth

Net Worth:	$90 Million
Date of Birth:	December 4, 1973 (50 years old)
Gender:	Female
Height:	5 ft 10 in (1.78 m)
Profession:	Television producer, Model, Actor, Businessperson,TV Personality, Author, Screenwriter, Presenter
Nationality:	United States of America

What is Tyra Banks’ net worth?

Tyra Banks is an American businesswoman, media practitioner, model, and actress who has a net worth of $90 million. Although she became well-recognized as a result of her numerous appearances in different fashion industries, Tyra made most of her wealth and income from television.

Childhood

Tyra Banks was birthed in Inglewood, California, on December 4, 1973. When she was still a high school senior, she kickstarted her modeling career. She was turned down by four other modeling agencies before choosing to sign with L.A. Models.

When Tyra turned 16, she first signed a contract deal in Paris with Elite Model Management which made her relocate to Milan. She also made her runway debut during Fashion Week in 1991.

During her first season on the runway, Tyra secured bookings for a total of 25 shows.

Success and Education

Tyra Banks subsequently signed a contract deal with CoverGirl, an American cosmetics company in 1993. After some time, she moved to America to pursue her dream of being a commercial model. Tyra Banks is one of the few black women to be recognized as a “supermodel.”

Elle, Harper’s Bazaar, Spanish Vogue, Cosmopolitan, and other publications have all featured her on their covers over the years.

Tyra has appeared in runway shows for numerous designers, including Marc Jacobs, Givenchy, Valentino, Fendi, Christian Dior, Oscar de la Renta, and Givenchy.

Tyra Banks has also appeared in a lot of advertisements for companies like Dolce & Gabbana, Nike, Pepsi, Ralph Lauren, Versace, Tommy Hilfiger, and many more.

She made history as the first African-American model to do so when she first appeared on the covers of GQ and the Sports Illustrated swimsuit issue in 1997 and 1996, respectively.

As a result of Tyra Banks’ success as a model, she was able to branch out and make several TV appearances. The Fresh Prince of Bel-Aire, where she had a total of seven appearances, gave her her first television role as Jackie Ames, a longtime friend of Will Smith’s.

Tyra Banks made her film debut in 1994 as a co-star in the drama Higher Learning directed by John Singleton. She appeared in Disney’s Life-Size in 2000 alongside Lindsay Lohan as Eve, a doll that came to life.

Eight years after Life-Size, she again made an appearance in the sequel, Life-Size 2.

Additionally, she appeared in a number of films, including Love Stinks (1999), Love & Basketball (2000), Coyote Ugly (2000), Hannah Montana: The Movie (2009), and others.

Tyra Banks graduated from Harvard Business School in 2004 with a non-degree certificate that she used to begin her cosmetics company, Tyra Beauty.

In 2015, she launched tyra.com, an online store selling cosmetics. Tyra Banks also established Ty Ty Baby Productions (now operating as Bankable Productions).

The same production company also created her daytime chat show The Tyra Banks Show and the reality series America’s Next Top Model, which both aired in 2003. (2005–2010). Twenty-three of the show’s 24 seasons have been hosted by Tyra Banks.

Tyra Banks won two Daytime Emmy Awards in 2008 and 2009 for her outstanding informational talk show, The Tyra Banks Show. She was reportedly earning around $18 million a year at the time from her work as a host and other endeavors.

In Time magazine’s annual list of the world’s most powerful people, Tyra Banks has consistently appeared. She is one of four women and seven African Americans to consistently be recognized.

Tyra also hosted two seasons of that reality television program before Nick Cannon, who had helmed the show for eight consecutive seasons.

Asia’s Next Top Model, Vietnam’s Next Top Model, Mexico’s Next Top Model, and Vietnam’s Next Top Model are a few other reality shows where Banks has participated as a judge or consultant.

Philantrophy

Leadership and the improvement of life skills are the main goals of her philanthropic organization, the Tyra Banks TZONE. She also started the Tyra Banks Scholarship so that African-American women might attend Immaculate Heart High School, which was her alma mater.

In August 2016, Tyra Banks gave her approval to take a job as a guest lecturer to teach a personal branding course at Stanford University.

In 2019, after coming out of modeling retirement to appear on one of the Sports Illustrated swimsuit edition covers, she made the announcement on Entertainment Tonight that she was changing her modeling name to “Banx.”

Aside from denying ever engaging in recreational drug usage, Tyra Banks has also stated that she does not drink alcohol.

Real Estate

Tyra Banks spent well over $3 million on a 5,740-square-foot Beverly Hills property in 2004.

In the end, she received $6.33 million for the sale of the four-bedroom Spanish Colonial.

The 7,000-square-foot Manhattan duplex that Banks presently owns has a gym, salon, and mirrored dressing area. The four-unit duplex in Battery Park City was purchased by her for $10.13 million in 2009.

In March 2015, she posted an ad asking for $50,000 a month to rent the apartment.

Personal Life

Erik Asla, a Norwegian photographer, and York Banks had a surrogate son named York Banks Asla in January 2016 while she was still in a relationship with Asia during the 2010s. Fall 2017 saw the couple’s separation.

Tyra Banks later listed the house for $17.5 million in the spring of 2017, but it has not yet been purchased.

Recently, in Los Angeles, she began property flipping. In May 2018, she placed up for sale two homes in the Pacific Palisades neighborhood. The first home, a 6,135-square-foot estate, was listed for sale for $9.25 million, and the second, a 3,700-square-foot residence, was acquired for $4.25 million.

Tyra bought her sixth property in the Pacific Palisades neighborhood in the previous two years in June 2019, when she secured a one-story house for slightly under $3 million.

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