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Tyra Banks Net Worth - The Famous Banks From Among America's Most Loved Personalities

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Tyra Banks is a well-known media personality in the United States. She is also an actress, singer, model, and businesswoman. Tyra Banks net worth is $90 million.

Banks started out as a fashion model, but she has become quite wealthy in the television industry.

Quick Facts About Tyra Banks

Date of BirthDec 4, 1973
Place of BirthInglewood
GenderFemale
ProfessionActor, Businessperson, Television producer, Model, TV Personality, Author, Screenwriter, Presenter
NationalityUnited States of America
Net Worth$90 Million

Tyra Banks Personal Life

COPYRIGHT_PNW: Published on https://purenetworth.com/tyra-banks-net-worth/ by - on 2023-01-04T06:57:35.977Z

On December 4, 1973, Tyra Lynne Banks was born in Inglewood, California. The parents of Banks are Donald Banks and Carolyn London. Her father was a computer consultant, while her mother was a medical photographer.

Devin, her brother who is five years older, is the second child of her parents. She experienced body-shaming at the age of 11, when an unexpected growth spurt rendered her tall and thin.

In the 2010s, Banks dated the Norwegian photographer Erik Asla; in January 2016, they welcomed York Banks Asla, a biological son, via surrogacy. In the autumn of 2017, the couple separated.

Banks has also said that she does not use alcohol and has never engaged in drug usage for recreational purposes.

Career Of Tyra Banks

Tyra Banks began working as a model at the age of 15 while still in school. She got signed to L.A. Models after being turned down by four other modeling agencies.

She signed a contract with Elite Model Management in 1990, which led to an offer to model in Europe and her relocation to Milan.

She was the first black woman to appear in the Victoria's Secret lingerie collection after being selected as an Angel in 1997. She received VH1's "Supermodel of the Year" honor the same year.

In 1995, Banks made her feature film debut in the film "Higher Learning." She landed the key role of Eve in the Disney Channel telefilm "Life-Size" in 2000 after a few lesser parts in films including "Love Stinks" and "Love & Basketball."

The reality television series "America's Next Top Model" was established and executive produced by her own production firm, "Bankable Productions," which she quickly launched.

She started her own talk program, "The Tyra Banks Show," in 2005, with an emphasis on problems affecting young women. The program aired for five seasons and was the winner of two consecutive Daytime Emmy Awards.

Tyra Banks Success

Tyra Banks smiling
Tyra Banks smiling

A deal between Banks and the American cosmetics firm CoverGirl was inked in 1993. And a few years later, she came back to the United States to continue her career in commercial modeling.

One of the rare black models to achieve "supermodel" status is Banks. She has been on the covers of magazines such as Elle, Harper's Bazaar, Spanish Vogue, Cosmopolitan, and others throughout the years.

She has participated in runway shows for a variety of designers, including Giorgio Armani, Givenchy, Valentino, Fendi, Givenchy, Christian Dior, Oscar de la Renta, Christian Dior, Marc Jacobs, Givenchy, Valentino, and Oscar de la Renta.

She has also been in several commercials for brands including Dolce & Gabbana, Nike, Pepsi, Ralph Lauren, Versace, Tommy Hilfiger, and many more.

She made history by being the first African-American model to grace the covers of GQ and the Sports Illustrated swimsuit edition, which premiered in 1997 and 1996, respectively.

Banks' success as a model allowed her to diversify and resulted in several TV appearances.

Her first role on television was as Jackie Ames, an old acquaintance of Will Smith's on The Fresh Prince of Bel-Aire, where she had a total of seven appearances.

In 1994, she co-starred in John Singleton's drama Higher Learning, which served as her cinematic debut.

She co-starred in Disney's Life-Size in 2000 with Lindsay Lohan as a doll called Eve who came to life.

(And eight years later, Banks made an appearance in Life-Size 2, the movie's sequel.) Aside from Hannah Montana: The Movie (2009), she has also been in Love Stinks (1999), Love & Basketball (2000), Coyote Ugly (2000), and other films.

To launch her cosmetics business, Tyra Beauty, Banks acquired a non-degree certificate from Harvard Business School in 2004. Her online store for cosmetics, tyra.com, became live in 2015.

Banks established Ty Ty Baby Productions as well (now operating as Bankable Productions).

The reality series America's Next Top Model, which debuted in 2003, and her daytime talk program The Tyra Banks Show were both created by the same production firm (2005–2010). As of right now, Banks has hosted 23 of the show's 24 seasons.

In 2008 and 2009, Banks received two Daytime Emmy Awards for The Tyra Banks Program's best informative discussion show.

She was allegedly making roughly $18 million a year as the presenter and from her other businesses at the time.

Banks has often been listed by Time magazine as one of the most important individuals in the world. She is one of seven women and four African Americans to consistently get this honor.

Additionally, Nick Cannon, who had previously hosted America's Got Talent for eight straight seasons, was replaced by her for two of the show's seasons.

Additionally, Banks has made appearances as a judge or consultant on The New Celebrity Apprentice, Asia's Next Top Model, Korea's Next Top Model, Australia's Next Top Model, and Mexico's Next Top Model.

The Tyra Banks TZONE, her nonprofit initiative, emphasizes life skills development and leadership.

In order to provide African-American females the chance to attend her alma school, Immaculate Heart High School, she also founded the Tyra Banks Scholarship.

In August 2016, Banks agreed to take a job as a guest lecturer on personal branding at Stanford University.

In 2019, Banks stated to Entertainment Tonight that she was changing her modeling moniker to "BanX" after coming out of modeling retirement to appear on one of the Sports Illustrated swimsuit edition covers.

Tyra Banks Net Worth

Tyra Banks' net worth is reported to be approximately 90 million dollars after working for close to three decades, modeling for prestigious companies like Victoria's Secret, participating in a number of motion pictures, television programs, and reality series, as well as creating a number of shows.

Tyra Banks is still on the list of many directors and filmmakers despite having worked in the field for a very long time, making her one of the most successful and highest-paid figures in America.

Tyra Banks Real Estate

For well over $3 million, Banks bought a 5,740-square-foot home in Beverly Hills in 2004. She ultimately sold the four-bedroom Spanish Colonial for $6.33 million in 2016.

Currently, Banks has a 7,000 square foot Manhattan duplex with a gym, salon, and mirrored dressing room.

She paid $10.13 million for the four-apartment duplex in Battery Park City in 2009. In March 2015, she put the condo on the market with a $50,000/month asking price.

The house was then listed for $17.5 million by Banks in the spring of 2017, however it has not yet been purchased.

Banks started flipping properties in Los Angeles most recently. She put two properties in the Pacific Palisades area up for sale in May 2018.

The first was a 6,135-square-foot home that had a $9.25 million price tag on it, and the second was a 3,700-square-foot house that had a $4.25 million price tag.

She paid $7.35 million for the bigger property only two years earlier, and $3.25 million in 2014 for the smaller one.

Within a short period of time, she sold both residences for $8.9 million and $4 million, respectively. She also sold an L.A. townhouse for $1.47 million in the same year.

Tyra spent $6.995 million in February 2018 for yet another house in Pacific Palisades. In December 2021, she sold this house for $7.895 million.

Tyra Banks Net Worth and Lifestyle 2022

People Also Ask

What Is Tyra Banks Known For?

As the spokesperson for CoverGirl and the American shop Victoria's Secret, Tyra Banks is a well-known American fashion model and television personality.

She was well-known for presenting the modeling competition program America's Next Top Model and for her daily television talk show, The Tyra Banks Show (2005–10). (2003–15, 2017–18).

Did Tyra Have A Baby?

Tyra Banks and Erik Asla, who was then her partner, received their first child through surrogate mother in January 2016.

At the time, Tyra wrote in a statement to People: "We are so thrilled for our little baby boy bundle of love. As I've said previously, getting here has not been an easy task.

Does Tyra Wear A Wig?

Tyra may be familiar to you from her 20 years of tearing up the runway or her role in the popular TV show America's Next Top Model.

Since she first appeared, people have often questioned if Tyra wears wigs. Yes, it is the solution.

Conclusion

In the 2000s, she was regarded as one of the highest-paid models in the world. Her career has spanned many years, and it has included roles in several TV series and her own talk show, "The Tyra Banks Show."

America's Next Top Model, a well-known reality program, was also founded by her. One of the most well-liked people in America, Tyra Banks has inspired many people from the start of her career. The estimated net worth of Tyra Banks is 90 million dollars.

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