Lori Loughlin's Shocking Net Worth Revealed Amid College Admissions Scandal
Earlier this week, Fuller House star Lori Loughlin was indicted on charges in connection to the biggest college admission cheating scam in US history, with allegations that she paid $500,000 to get her daughters guaranteed admission into the University of Southern California. After appearing in court, she was released on a $1 million bond, and now, fans are wondering where all of this money is coming from.
According to In Touch Weekly, Loughlin actually has a net worth of $20 million thanks to her acting career. And, Loughlin and her fashion designer husband, Mossimo Giannulli, have a combined net worth of $100 million.
After starring as Aunt Becky on Full House from 1989 to 1995, Loughlin continued to land roles in various TV shows, including Seinfeld, Spin City, The Drew Carey Show, Summerland, 90210, Psych, and When Calls the Heart.
In 1997, the actress married Giannulli, who founded the clothing company Mossimo.
According to court documents, the couple allegedly “agreed to pay bribes totaling $500,000 in exchange for having their two daughters [20-year-old daughter Isabella and 19-year-old daughter Olivia] designated as recruits to the USC crew team — despite the fact that they did not participate in crew — they’re facilitating their admission to USC,”
Bond conditions for Loughlin include not talking about the case with other defendants or witnesses, with the exception of her husband and daughters. She also had to sign an affidavit of surety and must provide the deed to her home.
Neither Loughlin nor Giannulli has spoken publicly about the allegations made against them, and their daughters have also remained quiet.
On Wednesday, cameras spotted Bella Giannulli for the first time since the scandal broke and just hours after mom was released on bond. The 20-year-old did her best to avoid the camera, covering her face with her arms.
Before the scandal, Loughlin had discussed her parenting style, saying that she is not her kids’ friend. Instead, she is their mother who is there to guide them, and that is what comes first.
Loughlin said she also tries to “instill good values” and her girls are good people with good hearts. The 54-year-old actress explained that she is loving but firm, and she is involved in her kid’s lives but doesn’t hover.
Lori Loughlin is scheduled to appear in court on March 29th.