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’s a net worth combined with her fashion designer/co-conspirator husband, Mossimo Giannulli. Before March 2019, Lori was known for her role in the sitcom ‘Full House’. In March 2019, she gained notoriety after being arrested as part of a nationwide college admissions scandal.
Lori Anne Loughlin was born in Queens, New York on July 28, 1964. She grew up in Hauppauge, New York and graduated from Hauppauge High School.
Career in acting
Loughlin’s career began at the age of 11 when she landed a contract as a print model. At age 15, she was cast in the ABC soap opera “The Edge of Night” and appeared on the series from 1980 to 1983. In the mid-to-late eighties, she appeared in a number of feature films and guest spots on television. She was then cast as Rebecca “Aunt Becky” Donaldson in the ABC sitcom “Full House” in 1988. -known as Aunt Becky, the wife of John Stamos’ character Jesse Katsopolis. After “Full House” ended in 1995, Loughlin starred opposite Tony Danza in the ABC sitcom “Hudson Street,” which was canceled after just one season.
In the 1990s, Loughlin starred in the television adaptation of A Stranger in the Mirror (1993) and the film In the Line of Duty: Blaze of Glory (1997). From 2004 to 2005, she co-created, produced, and starred in the WB drama series Summerland, although the show was canceled after two seasons due to low ratings. He then co-starred in the ABC sitcom Emergency (2007) opposite David Arquette. Loughlin has also appeared in film such as “Critical Mass” (2000), “Moondance Alexander” (2007), the Hallmark movie “Meet My Mom” (2010).
She continued her association with the Hallmark Network with her starring roles in the TV series Garage Sale Mystery (2013-2019) and the drama When Calls the Heart (2014-2019). She starred opposite Debbie Wilson on “90210,” a spin-off of “Beverly Hills, 90210” from 2008 to 2011, and appeared as a character in the season five premiere episode in 2012. She also resumed her , the role of Rebecca. Donaldson in the Netflix series “Fuller House,” a sequel to the original “Full House” series.
(Photo by Alberto E. Rodriguez/Getty Images)
Loughlin was previously married to investment banker Michael R. Burns from 1989 to 1996. She is now 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 Mossimo clothing line, which was extremely successful in the 1990s. At the height of the companies success, Mossimo’s stake was worth $500 million. The good times didn’t last forever. The company expanded too quickly and eventually the stock price fell. Mossimo sold the company to Iconix Brand Group, and today they are sold exclusively 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 home for $14 million in 2015 and have spent millions on upgrades and renovations. At one point, they put the mansion up for sale for a whopping $35 million, but got no takers. They lowered the asking price to $28.7 million, but ultimately had to settle for $18 million. The purchase was Tinder co-founder Justin Mateen.
They sold the house just a few days after they were forced to resign from the Bel-Air Country Club after several prominent members of the club complained that they had allowed convicted burglars to remain members.
They previously lived in a large mansion in Beverly Hills, which they sold in 2015 for $18 million. Before that, they lived in another home in Bel Air, which was sold in 2018 (by another owner) for $40 million. The couple previously owned a home in Aspen, Colorado, which they sold in July 2015 for $7.6 million.
They previously owned a home in Laguna Beach’s exclusive gated community, Emerald Bay. Emerald Bay is considered the Malibu of Orange County. They listed the property in 1997 for $1.36 million. They first tried to sell the property in 2008 for $12.99 million. Later, after the housing market crashed, they tried to sell for $8.5 million. They later 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 on 1.6 acres. Lori’s “Full House” co-star John Stamos’ husband lives in the same private community.
In September 2021, Lori and Mossimo paid $13 million for a 9,000-square-foot home in the exclusive La Quinta, California community of Madison Club.
Varsity Blues University admissions scandal
On March 12, 2019, the FBI raided Mossimo and Loughlin’s Bel Air home in connection with a college bribery scam, and the couple was arrested. They allegedly paid $500,000 to get their two daughters admitted to the University of Southern California under the pretense that they were recruited to the rowing team, none of the girls ever trained as rowers and did not had any. intention to row in college. They were charged with conspiracy to commit mail fraud and honest services mail fraud and were released on $1 million bail each. On April 15, 2019, they pleaded not guilty and rejected a plea deal that would have required them both to serve two years in prison. Shortly thereafter,
On October 22, 2019, authorities announced that Loughlin would face additional charges in the college admissions cheating scandal, including “conspiracy to commit federal program bribery.” In addition, Loughlin and Mossimo were named as defendants in a private class action lawsuit brought by Stanford University alumni who claim their degrees were devalued as a result of their school’s association with the college cheating scandal.
The fallout from Loughlin’s involvement in the college cheating scandal included the Hallmark Channel breaking the law with her, halting all scheduled production on projects involving Loughlin, and editing out all of her scenes from season six of “When Calls the Heart . “. Netflix also dropped her from “Fuller House,” and she and her daughter, Olivia Jade, were dropped from Hewlett-Packard advertising for a campaign she previously shot with the brand in 2017. Olivia’s career Jade received. also a success. As an internet personality and social media influencer, she has also previously enjoyed lucrative partnerships with offerings such as beauty retail like Sephora, hair care brand TRESemme, clothing retailer Princess Polly,