After the college admissions scandal dubbed “Operation: Varsity Blues” came to light in March 2019, all eyes have been on the accused, including the Loughlin-Giannulli family. According to a criminal complaint obtained by CNN, Full House actress Lori Loughlin and her husband, fashion designer Mossimo Giannulli, have been charged with conspiracy to commit mail fraud and honest services mail fraud. The wealthy couple stands accused of paying $500,000 to faculty members at the University of Southern California in exchange for their daughters’ enrollment to the esteemed school. Why, Aunt Becky, why?
Prior to being accepted and attending USC, one of the couple’s daughters, Olivia Jade, had some cringey opinions about going off to college. In a since-deleted YouTube video from August 2018 (via CBS Los Angeles), the couple’s daughter revealed that she does “want the experience of game days, partying,” but added, “I don’t really care about school, as you guys all know.” Part of why Olivia wasn’t — or isn’t — interested in secondary education comes down to the fact that she already has a career — and it makes her a tonof money. Here’s all we know about Olivia’s income.
Her parents are, like, super rich
While Olivia does make her own money, she didn’t exactly come from nothing. Much like Kylie Jenner, Olivia can technically be considered self-made. Forbes defines the term as “someone who built a company or established a fortune on her own, rather inheriting some or all of it.” However, if you subscribe to dictionary.com’s definition of the word — “having succeeded in life unaided” — well, Olivia’s privileged background certainly comes into play.
Lori Loughlin’s net worth has been estimated at an astounding $20 million. While $20 million is a whole lot of money, Loughlin’s income pales in comparison to her husband’s. According to celebritynetworth, Mossimo Giannulli’s net worth has been estimated at four times that of his wife’s. That’s right, $80 million. Now, that certainly makes a half-million dollar bribe seem like chump change, doesn’t it? Of course, that alleged $500,000 has ended up costing them much more. The couple forked over an additional $2 million for bail and, as of this writing, are also being sued for a hefty sum of $500 billion alongside other families embroiled in the admissions scandal.
A YouTube sensation
In June 2014, Olivia made her very own YouTube channel. “I post videos talking about makeup, fashion, lifestyle, and occasionally I’ll do some challenges,” her About page reads. “I have a strong passion for makeup and fashion and I love sharing my passion with all of you guys here on YouTube.”
In a video from that same year — when Olivia was just 15 years old — the YouTube star answered questions from her fans. In response to a question about what she wants to do when she gets older, Olivia explained, “Probably something if YouTube — my YouTube — takes off somewhere, keep going on with that, but something that has to do with makeup and beauty and fashion.” Her YouTube channel definitely took off, to say the least. As of this writing, her subscriber-count is nearing two million. The star’s content has also stayed in line with her earliest vision. Subscribers can get tutorials on everything from a “5 minute glow up” to outfit inspo with Olivia’s shopping hauls.
Read more: https://www.thelist.com/148981/how-much-money-lori-loughlins-daughter-olivia-jade-really-makes/