Trinny Woodall has revealed she still doesn’t own a home despite having a £55 million beauty and skincare empire.
The What Not To Wear presenter, 61, sold her £5 million Notting Hill home in 2017 so she could set up her cosmetics business, Trinny London.
However, the fashionista admitted she is still renting and is more concerned with setting her daughter Lyla, 21, up with a flat in the future.
“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 told the Daily Mail.
“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.
They were married from 1999 to 2009. He died by suicide in 2014.
Woodall then dated art collector and Nigella Lawson's ex-husband Charles Saatchi for a decade until their split in 2023.
Last year, the presenter talked about how she sold her home after her TV schedule slowed down as she was struggling to keep up with her mortgage payments.
"The residue income was drying up and I wasn't doing anymore TV and I had this idea [of her business],” she said on Sophie Ellis-Bextor's Spinning Plates podcast.
“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,
"I had this big overhead and then I wasn't getting the revenue in, so I couldn't afford the big life."
She initially rented out her west London home, before selling it, as well as hundreds of thousands of pounds worth of her clothes so she’d have enough money to start Trinny London.
Woodall added that she has a stake in a property overseas.
"I own part of home, a little chalet in France, so I have my roots is slightly somewhere and it's also a place we've had for 25 years, for Lyla it's the most important place actually,” she said.
“"I sit in this place where I think it's successful right now but it's not yet where it needs to be for me to feel I have total freedom of, 'I bought and paid for a house'.
"I do want to be in a position where I can be in a home that I own, where I can also help Lyla, towards a flat.”
Woodall and Susannah Constantine shot to fame in 2001 with their straight-talking fashion tips on the show, What Not To Wear.
