Music Career: Laying the Financial Foundation
Taylor started her musical journey with a contract at Star Trak/Interscope Records, followed by a move to Kanye West’s GOOD Music under Def Jam. Her albums, including “VII” (2014), “K.T.S.E.” (2018), and “The Album” (2020), were lauded and commercially successful. These projects showcased her vocal prowess and also generated substantial earnings through album sales, streaming, and tours.
Acting Ventures: Expanding Her Artistic Horizon
Venturing into acting, Taylor starred in films such as “Madea’s Big Happy Family” (2011) and “Coming 2 America” (2021). Her performance in “A Thousand and One” (2023) was critically acclaimed and won her the Breakthrough Performance Award from the National Board of Review. Such roles added to her artistic credibility as well as her income stream.
Choreography and Directing: Behind-the-Scenes Brilliance
Outside performing, Taylor also choreographs and directs. Working under the alias “Spike Tee,” she directed music videos for notable artists like Diddy and Schoolboy Q. Her choreography for Kanye West’s “Fade,” in particular, showcased her creative vision. Through these endeavors, she has built her reputation in the industry and also built her financial standing.
Entrepreneurial Ventures: Building Brands and Wealth
Taylor has a very entrepreneurial streak, which is evident in her ventures like the “Fade2Fit” fitness program and apparel line, inspired by her “Fade” performance. She also started a nail salon and all-female production company as part of her efforts to push to empower women in business. These businesses diversify her income and reflect her brand’s authenticity and reach.
Endorsements and Collaborations: Strategic Brand Partnerships
Taylor’s influence extends to brand endorsements, having collaborated with Adidas Originals, BMW, and David Yurman. Her collaboration with Victoria’s Secret resulted in the “Teyana Taylor Edit,” a collection featuring lingerie, swimwear, and athletic wear, where she served as creative director, muse, and model. These collaborations have increased her visibility and income.
Reality Television: Connecting with Audiences
Taylor’s stint on reality TV with shows like “Teyana and Iman” and “We Got Love Teyana & Iman” gave fans a glimpse into her life. These appearances also brought in additional revenue through network deals and sponsorships.
Personal Life and Financial Implications
Taylor’s personal life, particularly her marriage and subsequent divorce from NBA player Iman Shumpert, has had financial implications. After her divorce, she retained full ownership of her businesses and was paid a one-time seven-figure settlement, along with four homes worth more than $10 million. Additionally, she receives $8,000 monthly in child support, ensuring financial stability for her and her children.