Tyra Banks Net Worth, Early Life, and Career

Tyra Banks Net Worth

Tyra Banks is an influential personality in the entertainment industry. People became fans of her unique fashion sense and media appearances. Today, we will discover Tyra Banks net worth, early life, and career.

Who is Tyra Banks?

Tyra Banks is an American model. She began modelling at the age of fifteen. Tyra is the first black  American woman featured on the covers of GQ and the Sports Illustrated Swimsuit Issue. She achieved Supermodel status and was the Victoria’s Secret Angel from 1997 to 2005. Tyra is counted as one of the world’s top-earning models.

Tyra Banks Net Worth

Besides these, Tyra is also influential in films and television. She started her acting career on television in the sitcom The Fresh Prince of Bel-Air (1993). Later, she made her film debut in Higher Learning (1995). Tyra produced several popular television shows and series.

Short Bio of Tyra Banks

Full Name Tyra Lynne Banks
Birthdate December 4, 1973 (age 50)
Birthplace Inglewood, California, U.S.
Nationality American
Height 5’ 10” (1.78 m)
Profession Model, television personality, Producer, Writer, Actress, businesswoman
Social Media Instagram
Net Worth $90 million

Tyra Banks Net Worth

Tyra Banks’s net worth in 2023 is estimated to be $90 million. Being a successful media personality is the main reason behind this massive net worth. Her modelling career made a great contribution to her financial state. Besides, her acting career in films and television also significantly impacted her net worth.

Early Life

Tyra Banks was born in Inglewood, California. She has an older brother named  Devin, who is five years older than her. Tyra’s mother, Carolyn London, is a medical photographer, and her father, Donald Banks, is a computer consultant. At the age of six, Tyra’s parents got divorced.

Tyra started her high school at Ohn Burroughs Middle School and then transferred to Immaculate Heart High School in Los Angeles. During this time, Tyra started modelling. She was selected by Elite Model Management when she was 16 years old.

In the 1991 Paris Fashion Week, Tyra made her first runway season. She also became the face of several popular magazines worldwide, such as  Harper’s Bazaar, VW, and Vanity Fair.

Tyra completed her high school graduation in 1991 from Immaculate Heart High School. After this, she took a nine-week course on Owner/President Management at Harvard University’s non-degree extension program.

Sources Behind Tyra Banks Net Worth

Early Modeling Career

Tyra Banks’s biggest modelling success came when she signed with Elite Model Management in 1990. It earned her an opportunity to model in Europe. During Paris Fashion Week in 1991, she booked 25 shows.

She walked in fashion shows for Yves Saint Laurent, Christian Dior, Herve Leger, Michael Kors, and many other shows.

Tyra Banks Net Worth

Tyra also became a cover model for several popular magazines, like Cosmopolitan, Teen Vogue, Seventeen, Harper’s Bazaar, and so on.

Professional Modelling Career

In 1993, Tyra signed with CoverGirl Cosmetics and modelled on its advertising campaigns. During this time, she also started appearing in television commercials for several giant brands, like Yves Saint Laurent, Dolce & Gabbana, Pepsi, Nike, and others.

Tyra was the first black woman to become the face of Sports Illustrated Swimsuit magazine. She is also counted as the first African-American woman on the cover of GQ, an international monthly magazine.

Because of these successful works, Tyra received the 1997 Supermodel of the Year award. The next year, she was named Victoria’s Secret Angel.

In 2010, Tyra signed with the modelling agency IMG Models and became one of the top 15 supermodels in 2013 by collaborating with fashion photographer Udo Spreitzenbarth. Currently, she is a contributor to the Vogue Italia website.

Tyra announced her modelling retirement in 2019. In this 30-year modelling career, she earned a lot, which became one of the major sources of her net worth.


Tyra made her film debut in Extra Terrestrial Alien Encounter (1994). In this film, Tyra plays a minor character. In the following year, she appeared in a big-budgeted film titled Higher Learning. This film earned 38.3 million at the box office. Tyra got her fame and popularity from this.

As a result, Tyra got her starring role in Love Stinks (1999). In this film, she played the Holly Garnett character. They became very popular and earned millions at the box office.

With this success, Tyra also starred in many other hit films, such as Halloween: Resurrection, Coyote Ugly, Hannah Montana: The Movie, Life-Size, and so on. All of these films were huge successes, grossing millions of dollars at the box office.

Tyra also gave voice to the Victoria’s Secret Gown character in the popular animated film Eight Crazy Nights. The film went viral worldwide and earned $23 million at the box office.

Tyra’s last film, Life-Size 2, also gained worldwide recognition. Tyra received a massive payment for every film she acted in, which became another main source of her net worth.


Besides modelling and films, Tyra also became influential in television by starring in many popular television shows and series. She made her television debut in Eurotrash’s fifth episode of the first season. In the same year, Tyra became a recurring cast member of The Fresh Prince of Bel-Air’s season four.

In 1995, Tyra became the main host of Soul Train Lady of Soul. Later, Tyra had an enormous success in 2003. She became the main host for America’s Next Top Model and continued it until 2018. She completed a total of 24 seasons with 315 episodes of this reality television series.

Tyra also made guest appearances on many popular television programs, like Just Shoot Me, The Hughleys, Soul Food, Germany’s Next Topmodel, and so on. Tyra was paid a good amount for her every appearance on those television programs.

Music Video

As Tyra’s fame rose to the top, many artists were interested in collaborating with her. For this purpose, Tyra was featured in many popular music videos from several famous artists. In 1991, she appeared in Michael Jackson’s Black or White. This song went viral worldwide and made around 5 million sales.

With this success, she appeared in many other popular music videos, such as Tina Turner’s Love Thing, George Michael’s Too Funky, Mobb Deep’s Trife Life, Lionel Richie’s Don’t Wanna Lose You, and others. Those artists paid Tyra a good amount for featuring in their music videos.


Tyra wrote her first book, Tyra’s Beauty Inside & Out, in 1998 and published it through Harper Perennial Publication. This book became very popular and sold millions of copies in the first year of its release.

Later, Tyra published two books, Modelland (2011) and Perfect Is Boring (2018). Both of these books became very popular and made millions of sales worldwide. As an author, Tyra got a portion of the profit from those book sales.


Tyra Banks won a total of five awards and was nominated ten times. Her winning five awards are as follows.

  • Outstanding Talk Show/Informative
  • Choice TV Personality
  • Daytime Emmy Awards
  • Teen Choice Awards
  • Excellence in Media Award

Personal Life

Tyra Banks started her relationship with photographer Erik Asla in 2010. Together they had a son, who was born in January 2016. In the following year, Tyra and Erik ended their relationship. Since then, Tyra hasn’t been involved in any other relationship.


What is Tyra Banks net worth in 2033?

Tyra Banks’s net worth in 2023 is estimated to be 90 million U.S. dollars.

How did Tyra Banks make her money?

Tyra Banks makes her money by acting and modelling.

How much did Tyra Banks make modelling?

Tyra Banks made around $12 million through modelling.

Why is Tyra Banks so famous?

Tyra Banks became so famous through modelling worldwide and starring in several hit films.

Final Thoughts

Tyra Banks net worth is a result of her quick success. Modelling, acting, and television everywhere, Tyra has seen only successes, and those successful records led her to achieve a lavish financial status.


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