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Tyra Banks, the iconic fashion mogul, and supermodel, radiates charm and energy in the world of entertainment. Her magnetic presence and innovative spirit have not only reshaped the fashion scene but have also sparked inspiration globally with her empowering message of self-confidence and authenticity.
From a teenage start to soaring heights, Banks, also known as BanX, swiftly became one of the most successful models of her era, gracing prestigious magazine covers, strutting runways for top designers, and securing lucrative contracts with major brands. This success not only made her a cultural icon but laid the foundation for her diverse business empire.
Beyond the runway, the mega mogul ventured into new territories, launching Bankable Productions. This production company birthed shows like “The Tyra Banks Show” and “America’s Next Top Model,” showcasing her creativity, business savvy, and ability to connect with audiences outside the fashion realm.
In 2021, Banks elevated her entrepreneurial journey with the debut of SmiZE Cream, an innovative ice cream brand reflecting her vibrant personality. Simultaneously, she co-founded Fierce Capital, an investment firm dedicated to empowering diverse entrepreneurs, solidifying her commitment to fostering future business leaders.
As the world’s top supermodel, Banks broke barriers in 2021 by transcending conventional beauty norms. Her advocacy for inclusivity and diversity in the fashion industry, evident in impactful shows and ventures, empowered young women and aspiring entrepreneurs to break barriers and chase their dreams.
As we dive deeper, here’s a glimpse at Banks’ notable business empire, identified and tracked by Billionaires.Africa:
- Fierce Capital
Founded in 2013, Fierce Capital is Tyra Banks’ venture into the world of early-stage investments. This U.S.-based venture capital firm specializes in nurturing the growth of North American companies, with a particular focus on empowering female-led businesses. Fierce Capital reflects Tyra’s commitment to fostering innovation and inclusivity in the business world. - Tyra Beauty
Launched in 2014, Tyra Beauty stands as a testament to Tyra Banks’ passion for enhancing natural beauty. As a leading cosmetics brand tailored for women, Tyra Beauty offers a diverse range of beauty products and cosmetics. With a dedication to innovation and quality, the company focuses on accentuating eyes, face, and lips, empowering women to embrace their unique beauty.
- Smize and Dream
In 2020, Tyra Banks ventured into the delectable world of ice cream with the launch of “World’s Most Dreamy Ice Cream,” formerly known as Smize Cream. Beyond tantalizing taste buds with eclectic flavors, Smize and Dream aims to empower its global community to reach for their dreams. Through the SMiZE & DREAM mentorship programs, Banks extends her commitment to fostering dreams beyond the realms of beauty and business. - Bankable Productions
Established in 2003, Bankable Productions is Tyra Banks’ foray into independent film and TV production. In 2007, a significant milestone was achieved when Banks signed an exclusive multiyear development and production deal with Warner Bros. The Tyra Banks TZONE, initially focused on leadership and life skills development, evolved into a public charity in 2005, broadening its impact on personal development.
- Tzone Foundation
Founded in 2005, the Tyra Banks TZONE Foundation is a beacon of philanthropy dedicated to empowering women and girls from low-income backgrounds. Through community-based nonprofits, the foundation fosters personal accountability, self-esteem, goal-setting, and healthy lifestyles. Banks’ innovative initiatives not only raise awareness but also provide vital support to women-led organizations, making a profound and lasting impact on communities.