What is Lori Loughlin's Net Worth?
Lori Loughlin is an American actress, model, and producer who has a net worth of $70 million. That is a combined net worth with her fashion designer/co-conspirator husband, Mossimo Giannulli.
How Much Does Russ Bray, the Voice of Darts, Get Paid? Discover His Salary and Net Worth Now!Early Life
Lori Anne Loughlin was born in Queens, New York, on July 28, 1964. She was raised in Hauppauge, New York, and graduated from Hauppauge High School.
Acting Career
Loughlin's career began at the age of 11 when she landed a contract as a print model. At 15, she was cast in the ABC soap opera "The Edge of Night" and appeared in the series from 1980 to 1983. During the mid and late eighties, she appeared in a number of feature films and television guest spots. She was then cast as Rebecca "Aunt Becky" Donaldson on the ABC sitcom "Full House" in 1988. Although her character was initially only supposed to have a six-episode arc, she became a regular for the remainder of the series, becoming well-known as Aunt Becky, the wife of John Stamos' character Jesse Katsopolis. After "Full House" ended in 1995, Loughlin co-starred with Tony Danza in the ABC sitcom "Hudson Street," which was canceled after only one season.
Discover the Surprising Fortune of TV Legend Chuck Connors – You Won't Believe His Wealth!- Notable Roles:
- Beverly Hills, 90210 (1990 - 1995)
- Hudson Street (1995 - 1996)
- Summerland (2004 - 2005)
- When Calls the Heart (2014 - 2019)
Personal Life
Loughlin was previously married to investment banker Michael R. Burns from 1989 to 1996. She has now been married to fashion designer Mossimo Giannulli since 1997. Together they have two children, Olivia Jade Giannulli and Isabella Rose Giannulli. Mossimo is the founder of the clothing line Mossimo, which was particularly successful in the 1990s. At the peak of the company's success, Mossimo's equity stake was worth $500 million. The good times did not last forever. The company over-expanded too quickly, and the stock price eventually cratered. Mossimo sold the company to Iconix Brand Group, and today the clothes are exclusively sold at Target.
Lori and Mossimo's Real Estate
From 2015 to 2020, Lori and Mossimo's primary residence was a large walled and gated mansion in Bel Air, California, on the grounds of the Bel Air Country Club. The couple purchased the house for $14 million in 2015 and proceeded to spend millions on upgrades and renovations. At one point, they listed the mansion for sale for an eye-popping $35 million, but they didn't get any takers. They lowered the asking price to $28.7 million but eventually had to settle for $18 million. The buyer was Tinder co-founder Justin Mateen.
Discover the Astonishing Wealth of Tom Wilkinson: How Much Is the Acclaimed Actor Really Worth?They sold the home just a few weeks after being forced to resign from the Bel-Air Country Club after several prominent club members complained about allowing convicted felons to remain as members.
They previously lived in a large Beverly Hills mansion which they sold in 2015 for $18 million. Prior to that, they lived in a different home in Bel Air, which was sold in 2018 (by a different owner) for $40 million. The couple also previously owned a home in Aspen, Colorado, which they sold in July 2015 for $7.6 million.
Unlock the Riches: Dive Into Charlie McDowell's Surprising Net Worth Journey!They previously owned a home in Laguna Beach's exclusive gated community Emerald Bay. Emerald Bay is considered the Malibu of Orange County. They acquired the property in 1997 for $1.36 million. They first tried to sell the property in 2008 for $12.99 million. A year later, after the real estate market collapsed, they tried to sell for $8.5 million. A year later they accepted $4.1 million.
In August 2020, Lori and Mossimo paid $9.5 million for a newly-constructed 12,000 square-foot home in Hidden Hills, California, set on 1.6 acres. Lori's "Full House" husband/co-star John Stamos lives in the same private community.
Discover the Surprising Fortune of Maurice Benard: How Much Is the Soap Opera Legend Really Worth?In September 2021, Lori and Mossimo paid $13 million for a 9,000 square-foot home in the exclusive La Quinta, California gated community, the Madison Club.
Varsity Blues College Admissions Scandal
On March 12, 2019, the FBI raided Mossimo and Loughlin's Bel Air home in connection to a college bribery scam, and the couple were arrested. They allegedly paid $500,000 to get their two daughters admitted to the University of Southern California under the guise that they were recruited to the rowing team, although neither girl has ever trained as a rower and had any intentions of rowing at college. They were charged with conspiracy to commit mail fraud and honest services mail fraud, and were released on a bail bond of $1 million each. On April 15, 2019, they pleaded not guilty and rejected a plea deal that required both of them to spend two years in prison. Shortly after, they were given the additional charges of money laundering, conspiracy, and bribery, which could mean up to fifty years behind bars if convicted.
On October 22, 2019, authorities announced that Loughlin would face additional charges in the college admissions cheating scandal, including "conspiring to commit federal program bribery." Additionally, Loughlin and Mossimo have been named as defendants in a private class-action lawsuit brought on by Stanford University graduates, who allege that their degrees have been devalued as a result of their school's association with the college cheating scandal.
Fallout from Loughlin's involvement in the college cheating scandal includes the Hallmark Channel severing ties with her, stopping all scheduled productions of projects that involved Loughlin, and editing out all of her scenes in season six of "When Calls the Heart." Netflix also dropped her from their show "Fuller House," and she and her daughter Olivia Jade were removed from Hewlett-Packard advertising for a campaign they previously shot with the brand in 2017. Olivia Jade's career has also taken a hit. As an internet personality and social media influencer, she had previously enjoyed lucrative deals and partnerships with brands such as beauty retailer Sephora, haircare brand TRESemmé, clothing retailer Princess Polly, which all were ended by the brands after news of the admissions scandal broke.
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