Mossimo Giannullis Impressive Net Worth

Posted by Almeda Bohannan on Friday, May 3, 2024

Mossimo Giannulli boasts a staggering

$50 Million

The Fashion Icon: Mossimo Giannulli

Mossimo Giannulli, renowned as a highly successful fashion designer and founder of “Mossimo, Inc.”, entered the fashion industry in 1986, carving a niche for himself.

Interested in his net worth? Mossimo’s fortune was estimated at over $50 million in early 2016, primarily due to his remarkable success in the fashion industry.

Mossimo Giannulli’s Wealth: $50 Million

His upbringing in southern California under the care of Nancy, a homemaker and Gene Giannulli, an architect, provided the foundation for his remarkable journey. He initially pursued Business and Architecture at the University of Southern California, but eventually turned to a career in fashion design.

His fashion journey commenced in 1986 with a $1 million loan from his father, initiating the establishment of a lifestyle company based in Newport Beach, California. The company swiftly gained traction, generating $1 million in its inaugural year. Within five years, it expanded to include sweatshirts, sweaters, and knits. By 1995, it further expanded into men’s suits and women’s apparel, amassing over $75 million in annual revenue and $10 million in profits within a decade, significantly contributing to Mossimo’s net worth.

However, the company’s fortunes took a downturn following this expansion, prompting Mossimo to explore new avenues to sustain it. This resulted in a pivotal partnership with Target Stores in 2000, bolstering his clothing line’s accessibility worldwide. By 2016, his clothing line was available in over 1,500 US stores and over 600 stores globally. Although the company’s stock prices experienced fluctuations, Mossimo effectively restored its stability, safeguarding his wealth and ensuring ongoing success.

On a personal note, Mossimo Giannulli’s first marriage to Chris Clausen was brief, and he subsequently tied the knot with actress Lori Loughlin in 1997. The couple shares two daughters and currently resides in Bel Air, California.

  • Structural Info
Net Worth$50 Million
Date Of Birth4th June, 1963
Place Of BirthCalifornia, USA
EducationUniversity of Southern California
NationalityAmerican

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