She may be in charge of the £55million-a-year international beauty empire Trinny London, but Trinny Woodall is still renting.

‘I still don’t own a home,’ the former What Not To Wear presenter, 61, told Daily Mail’s Richard Eden.

‘I sold my previous house to start up Trinny London, which I grappled with for a long time.’

However, she has made plans for her daughter, Lyla, 21. She adds: ‘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.’    

It comes after Trinny revealed a huge business sacrifice she made after facing worries about the future of her daughter Lyla.

She may be in charge of the £55million-a-year international beauty empire Trinny London, but Trinny Woodall is still renting

However, she has made plans for her daughter, Lyla, 21. She adds: ‘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”

The entrepreneur 60, who made her debut on BBC’s Dragon’s Den this week, founded her beloved brand Trinny London from her own kitchen back in 2017.

Now a multi-million-pound cosmetics empire, the business is a household name that the star has put her everything into – including selling her home to begin the brand.

However, Trinny lifted the lid on the one downside to being so invested in her company – and it affects her daughter.

She told the iPaper: ‘I still don’t own a home. I sold my previous house to start Trinny London, which I grappled with for a long time. Most people at 60 are trying to pay off their mortgage.

‘My future is very much vested 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’.

The star revealed: ‘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 my bases are covered.’

Trinny was the presenter of TV’s What Not To Wear and was known for delivering ruthless home truths as she helped men and women find their new look.

Last year, she revealed she is just as cutting in her personal life – and said if people drain her energy, she will ‘let them go’.

‘I sold my previous house to start up Trinny London, which I grappled with for a long time.’

She was previously married to Lyla’s dad, businessman Johnny Elichaoff from 1999 to 2009. He tragically took his own life in 2014

Showing off her sense of style in a leopard-print suit on the cover of Woman & Home magazine, the entrepreneur and TV presenter said: ‘I’m ruthless when it comes to letting go of people from my life.

‘If people drain my energy, they have to go. Friends should bring each other energy.’

In 2023, Trinny split from her partner of a decade, art collector and Nigella Lawson’s ex-husband Charles Saatchi, 81.

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Speaking about dating again, Trinny said: ‘Being single in your 50s and 60s is interesting… Is there a difference between me saying I’m 59 and dating, and being 60 and dating?

‘Not at all… it’s all about how we come across – 60 used to feel old, but now it’s like being 40.’

She was previously married to Lyla’s dad, businessman Johnny Elichaoff from 1999 to 2009. He tragically took his own life in 2014.

At the time of his death, the star was launching her beauty company Trinny London, which she has turned into an empire.

Trinny and Susannah Constantine became household names in 2001 as co-hosts of What Not To Wear, where they got a reputation for their straight-talking fashion advice.

Speaking about their relationship, she said: ‘Of all my friendships, ours is the most equal… It can be very intense and sometimes we needed a break, but we totally accept each other for who we are.’

The revelation came after her daughter and her co-star’s daughter insisted that the programme would not be made today.

Trinny and Susannah Constantine became household names in 2001 as co-hosts of What Not To Wear, where they got a reputation for their straight-talking fashion advice (Pictured in 2002)

The pair feel as if the show and their mothers would instantly be ‘cancelled’ because of how it.

They were known for their cutting comments to each others, namely about Susannah’s ‘chicken arms’ or Trinny’s ‘flat chest’.

But making their own joint media appearance, Esme and Lyla joked that their mothers would likely be taken off air now for how they spoke to each other.

‘I think they would be cancelled if the show was made now,’ Lyla told Tatler.

‘You can’t really speak to people like that any more, and say things like, ‘You’re so ugly.’

Lyla is studying communication and digital media at Madrid’s IE University, while Esme did an art history degree at Bristol.

Asked if they’re fans of the show, they both replied simultaneously: ‘I’ve never actually watched it.’

But they do recall some of their time on sets, as Esme said: ‘I remember going to places like Poland or Sweden and doing the European tour things.