Lori Loughlin Net Worth: Before and After the College Admissions Scandal

Life in the Earlier Years

Lori Loughlin was born on July 28, 1964, in Queens, New York. Hauppauge, New York, was her hometown, and Hauppauge High School was her alma mater.

Acting Career

At the age of 11, Lori Loughlin was signed to a contract as a print model, and her career was launched. Her acting career began when she was just 15 years old when she was cast in the ABC serial opera “The Edge of Night.” She appeared in a variety of feature films and television guest spots during the mid and late 1980s. Later, she landed a role on ABC’s “Full House” as Rebecca Donaldson. Even though her role was originally meant to last only six episodes, Aunt Becky, the wife of Jesse Katsopolis (John Stamos), became an integral part of the show. While Loughlin starred in the ABC sitcom “Hudson Street” after “Full House” ended, the show was canceled after one season.

A Stranger in the Mirror (1993) and In the Line of Duty: Blaze of Glory (1996) were two of Loughlin’s roles in the 1990s (1997). Summerland, a two-season WB drama in which she co-created, produced, and starred, was canceled after just two seasons due to low ratings. After that, she and David Arquette starred in the ABC sitcom “In Case of Emergency” (2007). In addition to “Critical Mass” (2000) and “Moondance Alexander” (2007), Lori Loughlin has acted in the Hallmark film “Meet My Mom” (2007). (2010).

Read More:

She starred in the telefilm series “Garage Sale Mystery” (2013-2019) and the drama “When Calls the Heart” on the Hallmark network (2014-2019). Decades later, she reprised her role in the series’ fifth season premiere as Debbie Wilson, a spin-off of “Beverly Hills, 90210.” In the Netflix series “Fuller House,” a prequel to the original “Full House” series, she resumed her role as Rebecca Donaldson.

Lori Loughlin has behind-the-scenes and producer credits

Summerland and Every Christmas Have a Story both feature Loughlin as a producer, creator, and writer. When Call the Heart and The Garage Sale Mysteries both had her listed as executive producer and co-executive producer, which means she likely earned more each episode than she would if she were just an actress. Currently, there aren’t any future projects for her to look forward to.

Lori Loughlin’s loss in the college admissions scam was how much money?

Both Olivia Jade Giannulli and Bella Giannulli were recruited as crew members at the University of Southern California by Loughlin and Giannulli, who paid admissions scandal mastermind Rick Singer $500,000 in bribes.

In the end, Loughlin and Giannulli pleaded guilty to conspiracy to commit wire and mail fraud after initially claiming that the money was college donations. After paying a $150,000 fine and serving two months in jail, 100 hours of community service, and two-year probation, Lori Loughlin was sentenced to two years of supervised release, while Giannulli received a $250,000 fine and served five months in prison.

In October 2020, Loughlin began serving her two-month sentence and was freed at the end of the month. In November of that year, Giannulli took office.

Giannulli and Loughlin’s penalties and bribes aren’t the only things that cost them money. However, it’s not just the cost of legal bills and the impact on future earnings that could affect them in the long run.

Personal Life

Lori Loughlin Personal Life

Before her marriage to Michael R. Burns, Loughlin was married to an investment banker for eight years, from 1989 until 1996. When she married fashion designer Mossimo Giannulli in 1997, they had been together for 17 years. Olivia Jade Giannulli and Isabella Rose Giannulli are their two children. The Mossimo apparel brand, started by Mossimo in the 1990s, was a huge hit. Mossimo’s stock investment in the company was valued at $500 million at the height of its popularity. In the end, the pleasant times were fleeting. The stock price plummeted as a result of the company’s rapid expansion. Iconix Brand Group purchased Mossimo and now the clothing is only sold at Target.

Lori and Mossimo’s Real Estate

When Lori and Mossimo first started dating, they lived in a guarded and fortified house in Bel Air, California. In 2015, the couple purchased the property for $14 million and spent millions of dollars on renovations and enhancements. They tried to sell the mansion for $35 million at one time, but no one was interested. A lower asking price of $28.7 million was eventually accepted; nevertheless, the final sale price was reduced to $18 million. Justin Mateen, Tinder’s co-founder, purchased the stock.

They were compelled to resign from the Bel-Air Country Club after numerous notable members protested about the club’s policy of permitting convicted felons to remain, members, just weeks before they listed their house for sale.

In 2015, they sold their Beverly Hills mansion for $18 million, which they had previously occupied. Before that, they lived in a Bel Air property that was sold in 2018 for $40 million by a different owner. In addition, the pair had a property in Aspen, Colorado, which they sold for $7.6 million in July of last year.

It was in Laguna Beach’s elite Emerald Bay neighborhood that they had previously purchased a property. Orange County’s Malibu, Emerald Bay is the place to be. In 1997, they paid $1.36 million for the property. It was listed at $12.99 million when they initially sought to sell it in 2008. They sought to sell for $8.5 million a year later after the real estate market crashed. They accepted $4.1 million a year later.

A freshly constructed 12,000-square-foot Hidden Hills, California, a mansion with 1.6 acres was purchased by Lori and Mossimo for $9.5 million in August of that year. John Stamos, Lori’s “Full House” co-star and husband, also resides in the gated enclave.

Lori and Mossimo paid $13 million in September 2021 for a 9,000-square-foot property in the Madison Club, a gated enclave in La Quinta, California.

Lori Loughlin Net Worth

In 2019, the estimated net worth of Lori Loughlin was $8 million. The net worth of Giannulli and his wife is estimated to be around $70 million when both are included. According to some estimations, the couple is valued anywhere between $80 million and $88 million. He made much of his money through the sale of his Mossimo apparel line to Target in 2000.

Read More: