TV star Trinny Woodall has revealed she doesn’t own her own home, despite earning £55 million through her successful beauty and skincare empire.
The 61-year-old entrepreneur made the significant decision to sell her luxurious £5 million property in Notting Hill back in 2017. This move was strategic, allowing her to focus her resources and energy on the establishment of her cosmetics brand, Trinny London.
Trinny shared her perspective on her housing situation, revealing that she continues to rent her home in a chat to the Daily Mail.
She expressed that her priorities have shifted, particularly towards securing a stable living arrangement for her 21-year-old daughter, Lyla.
“I still don’t own a home. I sold my previous house to start up Trinny London, which I grappled with for a long time,” she admitted.
Trinny has joined the latest season Dragon’s Den as a guest judge. (Image: BBC)
“My future is very much invested in Trinny London, and I now feel fine about that, but for a while, I did think, ‘If I died tomorrow, Lyla would have no home.’
“I took some money out of the business to put into an account, which is enough to buy Lyla a flat. So if something did happen to me, my bases are covered.”
The entrepreneur, who made her debut on Dragons’ Den this week, shares Lyla with late businessman Johnny Elichaoff.
Trinny wants to buy her daughter Lyla a flat. (Image: Getty)
The couple was married for a decade, from 1999 until their separation in 2009. Tragically, he passed away in 2014, taking his own life.
Following this devastating loss, Woodall entered into a long-term relationship with Charles Saatchi, an art collector and the ex-husband of celebrity chef Nigella Lawson. This partnership lasted for ten years, culminating in their breakup in 2023.
In a candid conversation last year, the presenter opened up about the challenges she faced following a decline in her television work.
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She explained that as her schedule became less demanding, she found herself struggling to manage her mortgage payments. “I had this significant financial burden, and when my income decreased, it became impossible to maintain the lifestyle I had grown accustomed to,” she reflected.
“The residue income was drying up and I wasn’t doing anymore TV and I had this idea [of her business],” she said on .
“So, there was that period when the life I thought I would create for myself had not… I had been earning a lot money, I bought this big house, mortgage, everything