From Stanford to Hollywood: How Tracey Edmonds became a millionaire mogul

Tracey Edmonds is a name that resonates in both the entertainment industry and the business world. Known for her remarkable career as a producer, entrepreneur, and television personality, she has achieved significant success and amassed substantial wealth over the years.

Early Life

Born on February 18, 1967, in Los Angeles, California, Edmonds hails from an upper-middle-class African–American family. Her parents were George and Jacqueline McQuarn. As a child, Tracey demonstrated extraordinary academic abilities, and her goal was to become a doctor. After graduating from high school at 16, she took a break to contemplate her life’s path. During this time, she enrolled at Stanford University, where she designed her own major: psychobiology. Despite her impeccable academic performance, Tracey’s scholarship did not cover all the costs of attending Stanford. She faced financial challenges due to student loans. Determined to support her family, she worked as a broker and eventually opened a real-estate sales office in partnership with her mother. This entrepreneurial spirit marked the beginning of her journey into business and financial independence.

Career Beginnings

After graduating, Tracey decided to pursue her dreams in Hollywood. She started her career working behind the scenes in the entertainment industry, holding various positions in production and development. Her big break came when she co-produced the hit film “Soul Food” in 1997. The movie’s success catapulted her into the spotlight and marked the beginning of her journey toward becoming one of Hollywood’s most influential producers.

Impressive Film and Television Career

Edmonds continued to make her mark in the entertainment world with a string of successful projects. She produced movies such as “Hav Plenty,” “Josie and the Pussycats,” and “The Salon.” However, her most notable work includes producing the hit film “Jumping the Broom” and the groundbreaking series “Deion’s Family Playbook.” Her television career flourished as she became the executive producer of reality TV shows like “College Hill” and “Lil’ Kim: Countdown to Lockdown.” Edmonds’ ability to identify compelling stories and create engaging content significantly contributed to her professional success.

Business Ventures

In addition to her flourishing entertainment career, Edmonds is a savvy entrepreneur. She co-founded Edmonds Entertainment Group alongside her then-husband, Kenneth “Babyface” Edmonds. This venture played a crucial role in her early financial success.

She owns Edmonds Farms, a premium coffee company. In partnership with YouTube, Edmonds also co-founded Alright TV, a faith-based, family-friendly digital network. Its mission was to provide uplifting and inspiring content to viewers. She also serves on the board of directors for PLBY Group, Inc., a pleasure and leisure company.

Tracey serves on the board of directors for the Producers Guild of America. Additionally, she has been a member of esteemed organizations like the Academy of Motion Pictures Arts and Sciences and the American Film Institute. Her humanitarian efforts extend to her leadership role in ‘CARE,’ focusing on reducing world poverty, particularly in African countries.

In summary, Tracey Edmonds’ journey from behind-the-scenes work to Hollywood prominence, her successful business ventures, and her strategic investments have all contributed to her impressive net worth. She remains an inspiring figure for aspiring entrepreneurs in the media and entertainment industry.