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How Rich is Tyra Banks? What is her Net Worth in 2022?

prazu Published On Wed Aug 10 2022   Modified On Wed Aug 10 2022
How Rich is Tyra Banks? What is her Net Worth in 2022?

Grab All The Details On Tyra Banks' Net Worth!!

Tyra Banks is a model, producer, and writer from the United States. 5'10'' tall supermodel was the first African-American woman to appear three times on the covers of GQ and the Sports Illustrated Swimsuit Issue. 

From 1997 to 2005, the 48-year-old model was a Victoria's Secret Angel. She was one of the world's highest-earning models by the early 2000s. Banks is not married and doesn't have a husband but she is romantically involved with Louis Bélanger-Martin.

Tyra Banks' Net Worth

As per The Sun, Tyra Banks' current net worth is $90 million. Banks has amassed millions of dollars through her modeling career as well as property flipping in Los Angeles and hosting her reality TV show America's Next Top Model.

Tyra Banks is a model, producer, and writer from the United States.

Tyra Banks is a model, producer, and writer from the United States. 
Photo Source: Instagram

Tyra Banks TZONE, Banks' philanthropic initiative, focuses on leadership and the development of life skills. She also launched the Tyra Banks Scholarship to enable African-American females the option to attend her alma mater, Immaculate Heart High School.

Tyra Banks spent just over $3 million for a Beverly Hills home

Tyra Banks paid just over $3 million for a 5,740-square-foot Beverly Hills home in 2004. She eventually sold the four-bedroom Spanish Colonial for $6.33 million in 2016.

Tyra Banks paid just over $3 million for a 5,740-square-foot Beverly Hills home in 2004.

Tyra Banks paid just over $3 million for a 5,740-square-foot Beverly Hills home in 2004.
Photo Source: Instagram

Banks own a 7,000-square-foot Manhattan duplex complete with a salon, gym, and mirrored dressing room. She paid $10.13 million for the four-apartment duplex in Battery Park City in 2009

In March 2015, Tyra listed the condo for rent, asking for $50,000 per month. The house was again listed for $17.5 million by Banks in March 2017, but it has yet to sell.

Banks has just begun flipping residences in Los Angeles. She listed two properties in the Pacific Palisades neighborhood for sale in May 2018. The first was a 6,135-square-foot home offered for $9.25 million, while the second was a 3,700-square-foot home purchased for $4.25 million

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Tyra paid $7.35 million for the larger home two years ago, and $3.25 million for the smaller home in 2014. She sold both residences for $8.9 million and $4 million in just a few months. She also sold an L.A. townhouse for $1.47 million the same year.

Banks invested $6.995 million in February 2018 for yet another Pacific Palisades mansion. She sold this house for $7.895 million in December 2021. In June 2019, Tyra purchased a single-story property in Pacific Palisades for slightly under $3 million, her fifth purchase in the neighborhood in two years.

Tyra Banks Career Highlights

Tyra Banks signed with Paris-based Elite Model Management at the age of 16, after which she relocated to Milan. Her runway debut came two years later, during Paris Fashion Week in 1991. During her debut runway season, she booked a total of 25 shows.

Tyra Banks signed with Paris-based Elite Model Management at the age of 16, after which she relocated to Milan.

Tyra Banks signed with Paris-based Elite Model Management at the age of 16, after which she relocated to Milan
Photo Source: Instagram

Banks got a contract with the American cosmetics business CoverGirl in 1993. She returned to America a few years later to pursue commercial modeling further.

Tyra is one of the few black models to have achieved "supermodel" status. She has appeared on the covers of Elle, Harper's Bazaar, Spanish Vogue, Cosmopolitan, and other magazines. Banks has walked the runways for several designers, including Chanel, Oscar de la Renta, Yves Saint Laurent, Christian Dior, Marc Jacobs, Givenchy, Valentino, Fendi, Isaac Mizrahi, and Giorgio Armani. 

Banks has also appeared in advertisements for Dolce & Gabbana, Tommy Hilfiger, Ralph Lauren, Versace, Victoria's Secret, Pepsi, Nike, and many other brands. Tyra was the first African-American model to appear on the covers of Sports Illustrated's swimsuit issue and GQ magazine, both of which launched in 1996 and 1997, respectively.

Tyra success as a model allowed her to branch out and resulted in numerous television appearances. Her first television role was as Will Smith's old friend Jackie Ames on The Fresh Prince of Bel-Aire, where she appeared seven times.

In 1994, Banks made her cinematic debut as a co-star in John Singleton's drama Higher Learning. She co-starred in Disney's Life-Size with Lindsay Lohan in 2000, as a doll named Eve who came to life. (Eight years later, she appeared in Life-Size 2, the film's sequel.) She has also appeared in other films, including Love Stinks, Love & Basketball, Coyote Ugly, Hannah Montana: The Movie, and others.

Tyra earned a non-degree credential from Harvard Business School in 2004 in order to launch her cosmetics brand, Tyra Beauty. Tyra.com, her e-commerce cosmetics website, debuted in 2015.

Ty Ty Baby Productions was also founded by Banks (now operating as Bankable Productions). The production business was in charge of both the reality show America's Next Top Model, which debuted in 2003, and her daytime talk show The Tyra Banks Show (2005–2010). Tyra has hosted 23 of America's Next Top Model's 24 seasons to date.

Tyra received two Daytime Emmy Awards for outstanding information talk show for The Tyra Banks Show in 2008 and 2009. She was reportedly earning around $18 million per year as a host and from her other businesses at the time.

Banks also hosted seasons of America's Got Talent, succeeding Nick Cannon, who had hosted eight consecutive seasons. Tyra has also been featured on Mexico's Next Top Model, Vietnam's Next Top Model, Asia's Next Top Model, Korea's Next Top Model, Australia's Next Top Model, and The New Celebrity Apprentice as a consultant or judge.

In August 2016, Banks acquired a post as a personal branding guest professor at Stanford University. She stated to Entertainment Tonight in 2019 that she was changing her modeling moniker to "BanX" after coming out of modeling retirement to pose for one of Sports Illustrated's swimsuit edition covers.

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