Tyra Banks Shares How She Keeps a $90 Million Net Worth Tight With Coupons, a F Account and a 250,000-mile Car

Tyra Banks, the former supermodel and long‑time television host, has revealed that even a $90 million net worth can be managed with a disciplined approach to spending. In a series of interviews, the 52‑year‑old explained how she uses coupons, maintains a separate “F Account” for frivolous purchases, and keeps a car that has accumulated 250,000 miles.

Banks’ career has spanned modeling, television production and hosting. She began as a runway model in the 1990s, became the first African‑American woman to appear on the cover of Sports Illustrated’s swimsuit issue, and later created and hosted America’s Next Top Model for 22 seasons. She has also produced The Tyra Banks Show, hosted America’s Got Talent and Dancing with the Stars, and founded Bankable Productions. According to a 2024 Business Insider profile, her net worth is estimated at $90 million.

In a 2018 interview with Money, Banks explained that her accountants had urged her to spend more of her earnings. “About 15 years ago, my accountants pulled me aside and said, ‘Tyra, you’re not spending money. Nothing. You’re just giving it away to the government. You need to spend some damn money!’” she recalled. The advice led her to create an “F Account” – a separate bank account earmarked for frivolous spending. “I had a budget to spend frivolously for the year, every year. I needed that to feel safe,” she said.

Banks has also been candid about her coupon‑using habits. In a 2023 interview with People, she described a moment at Bloomingdale’s where she was collecting coupons for holiday shopping. “I was taking them all out, I was doing holiday shopping. And someone behind me turned around and said, ‘I can’t believe how long you’re taking. Why are you using coupons?’ I remember looking at her like, why should I pay more? If there’s a coupon there, I’m going to use it.”

She echoed similar sentiments on Conan, noting that the best coupon she had found was a Bed Bath & Beyond coupon that offered 20 % off on large items. “You could be saving upwards of $80,” she said.

Banks’ frugal philosophy extends to her family. In a 2023 interview with InStyle, she explained that almost all of her son’s T‑shirts are used and that her daughters wear hand‑me‑downs. “We’ve been passing down clothes in my family for almost three generations,” she said.

The model also highlighted her discomfort with ostentatious displays of wealth. “I don’t like excessive displays of wealth. They make me feel icky. Especially people that have really big houses. It’s just really wasteful when there’s so many homeless people in this country,” she said.

Banks’ personal life includes a car that has accumulated more than 250,000 miles. In a 2025 interview with The Ellen Show, she noted that she had owned the vehicle before her record deal and that it still has over 250,000 miles. The car was reportedly restored by the Acura Design studio after a 2015 accident.

In addition to her financial habits, Banks has been involved in a legal dispute with Netflix. In 2023, she sued the streaming platform over alleged misrepresentation in a documentary about America’s Next Top Model. The lawsuit claims that Netflix edited her interview to create a misleading narrative.

Banks’ approach to money management illustrates that even high‑earning celebrities can adopt practical strategies to maintain financial stability. Her use of coupons, a dedicated spending account, and a long‑lasting vehicle demonstrate a focus on value and sustainability.

The entertainment industry continues to watch how public figures balance wealth and personal values, and Banks’ candid disclosures provide a rare glimpse into the financial habits of a multi‑millionaire.