Net Worth Ranker
What Is Tracee Ellis Ross’ Net Worth?
Tracee Ellis Ross, a multifaceted American entertainer known for her work as an actress, comedian, model, director, and television host, has accumulated a net worth of $16 million. This substantial Tracee Ellis Ross’ net worth’ stems from a variety of sources, including her prominent roles in television sitcoms like “Girlfriends” and “Black-ish,” as well as appearances in films such as “Hanging Up,” “Daddy’s Little Girls,” and “The High Note.” Additionally, Ross has ventured into the entrepreneurial world with her hair-care line, Pattern Beauty, which contributes to her overall financial standing.
Tracee Ellis Ross’ Income from Television
Ross’ career in television has been a significant contributor to her Tracee Ellis Ross’ net worth’. During the first season of “Black-ish,” her salary was $60,000 per episode. In comparison, her co-star Anthony Anderson, who also served as a producer, earned $100,000 per episode during the same period. After the show secured syndication, Tracee’s salary was significantly increased to $200,000 per episode, equating to approximately $4.4 million per season. This increase reflects her growing importance to the show’s success and popularity.
Early Life and Career Beginnings
Born Tracee Joy Silberstein in Los Angeles, California, in 1972, Tracee Ellis Ross is the daughter of Motown legend Diana Ross and music manager Robert Ellis Silberstein. Her diverse educational background includes attending the Dalton School in Manhattan, Riverdale Country School in the Bronx, and the Institut Le Rosey in Rolle, Switzerland. She graduated from Brown University in 1994 with a degree in theatre. Before fully committing to acting, Ross worked in the fashion industry as a model and contributing fashion editor for New York and Mirabella magazines. Though these early endeavors contributed to her initial financial independence, they had a minimal impact on her current Tracee Ellis Ross’ net worth’.
Tracee Ellis Ross’ Acting Career
Ross’ television acting debut came in 1998 with a role in the NBC television film “Race Against Fear: A Moment of Truth.” Her breakthrough role arrived in 2000 with the UPN/CW sitcom “Girlfriends,” where she portrayed Joan Carol Clayton, Esq. The show ran for eight seasons, comprising 172 episodes, and earned Ross two NAACP Image Awards. This role significantly boosted her profile and income during that period. In 2011, she starred in the BET family sitcom “Reed Between the Lines” for one season, earning another NAACP Image Award. In 2014, Ross was cast as Dr. Rainbow Johnson on the ABC sitcom “Black-ish,” opposite Anthony Anderson. Her performance garnered numerous accolades, including multiple NAACP Image Awards and Emmy and Screen Actors Guild Award nominations. In 2019, she co-created the “Black-ish” spinoff “Mixed-ish.” The sustained success of these television ventures has been pivotal in amassing her Tracee Ellis Ross’ net worth’.
Film Career and Music Videos
On the big screen, Ross debuted in the 1996 independent film “Far Harbor.” Her first role in a major studio film came in 2000 with Diane Keaton’s dramedy “Hanging Up.” She later appeared in films such as “Daddy’s Little Girls.” In 2020, she played the lead role of superstar singer Grace Davis in “The High Note.” As part of “The High Note,” Ross made her singing debut, contributing tracks to the film’s soundtrack, including “Love Myself,” “Stop for a Minute,” “New to Me,” “Bad Girl,” and “Like I Do.” Additionally, Ross has appeared in music videos, including Kanye West’s “The New Workout Plan” (2004), “Touch the Sky” (2005), Drake’s “Nice for What” (2018), and Tyler, the Creator’s “Earfquake” (2019). Though these projects contributed to her overall income, her television roles have had a more significant impact on her Tracee Ellis Ross’ net worth’.
Business Ventures: Pattern Beauty
Beyond her acting career, Ross is an entrepreneur, having created the hair-care brand Pattern Beauty, designed for Black hair. This venture represents a significant aspect of her business interests and contributes to her Tracee Ellis Ross’ net worth’. Pattern Beauty offers hair styling products, treatments, and accessories for all types of curly hair. While specific revenue figures for Pattern Beauty are not publicly available, its success in the market for Black hair care products has undoubtedly added to Ross’ financial portfolio.
Real Estate Investments
Ross has engaged in real estate investments, which have played a role in her overall financial picture. She owned a Los Angeles home for roughly a decade, which she acquired for $910,000. She listed this home for sale in March 2022 for $2.3 million, demonstrating a substantial appreciation in value. Additionally, in 2007, she paid $780,000 for a studio apartment in NYC’s Tribeca neighborhood. She sold this unit in 2020 for $675,000. While she experienced a loss on the sale of her Tribeca apartment, the appreciation of her Los Angeles property has contributed to her Tracee Ellis Ross’ net worth’.
Comparison with Diana Ross’ Net Worth
While Tracee Ellis Ross has achieved considerable financial success, her mother, Diana Ross, possesses a significantly larger Tracee Ellis Ross’ net worth’. Diana Ross’ net worth is estimated to be around $250 million. This difference reflects Diana Ross’ decades-long career as a highly successful singer and actress, with numerous hit records, concert tours, and film roles. Diana Ross’ wealth is also attributed to royalties from her music and performances, as well as various business ventures. Tracee Ellis Ross, while successful in her own right, is still building her financial portfolio compared to her mother’s established empire.
