Mossimo Giannulli, who was born and raised in Southern California, a region strongly influenced by casual beach life, decided in 1987 as a budding American fashion designer in his early twenties to capitalize on this lifestyle. Since he had no substantial capital of his own, he borrowed the sum of $100,000 from his father, and in a place where billion-dollar companies flourished, the young designer dared to start a small beach lifestyle company that operated from a garage on Balboa Island in Newport Beach.
He began by selling stuff to surf stores, and by the end of his first year, he had a massive $1 million income. A few years later, in 1991, Mossimo Giannulli expanded his fabric line to include sweaters, sweatshirts, and knitwear. In 1995, the collection was expanded to include tailor-made suits for men and women. After eight years of successful business transactions, Mossimo INC was catapulted to the level of a multi-million dollar company for lifestyle sportswear and accessories. Mossimo itself was ranked as one of the youngest CEOs in the country.
Mossimo Giannulli Bio
The fashion designer was born on June 4, 1963, in Southern California as the first son of Gene Giannulli, who earns his living as an architect, and Nancy Giannulli, a housewife. He grew up with his younger siblings in his birthplace.
When he talked about his academic achievements, he was admitted to the University of Southern California to study architecture and business but was unable to graduate. After three years of study, he finally dropped out of the university. It is important to mention that the fashion icon was born as Massimo Giannulli, but when he was in the first grade in school, one of his teachers suggested he change his name to Mossimo to make it easier to pronounce.
His Wife – Lori Loughlin, Daughters And Son
A look into his private life has shown that Mossimo was married twice in his life. Although not much is known about his first marriage, his partner was identified as Chris, and they had a son named Gianni Giannulli from their five-year marriage. It is also on record that their marriage ended in divorce because they did not get along as a couple.
The fashion designer did not give up on love after the failure of his first marriage. He found another soul mate in the famous actress Lori Loughlin, whom he met in 1995. After two years of dating, the duo tied the marriage knot on November 25, 1997. The couple has had almost 11 years of marital bliss without rumors or controversy, and they have two beautiful daughters to show for their years together. Their first daughter Isabella Rose was born on September 16, 1998, and the following year their second daughter Olivia Jade was born on September 28. Olivia is known for giving beauty tips on YouTube. Mossimo Giannulli currently lives with his family in Southern California.
Let’s now talk about his wife, actress Lori Loughlin, who is known for her role in the ABC sitcom entitled Full House. She was born on July 28, 1964, and her birthplace is listed as Queens New York, United States. Before she tried her hand at acting, she worked as a junior lifeguard.
Meanwhile, Mossimo Giannulli is not Lori’s first husband. Her first marriage was in 1989 with Michael R. Burns, an investment banker who also served as Vice President of Lionsgate. Burns worked on Wall Street for 18 years before joining Shearson/American Express. The marriage of Lori and Burns broke up in 1996.
Net Worth – How Rich Is He?
The net worth of the legendary American fashion designer has been estimated by several reliable sources at a whopping $50 million. His admirable net worth was generated by his career in the fashion industry and his collaboration with Target on March 28, 2000, which involved a multi-product licensing agreement for the sum of $27.8 million.
The Mossimo apparel line is sold both internationally and in the United States. It had 600 stores selling its garments in South America, Australia, India, Mexico, Japan, the Philippines, and the United Kingdom. In the United States, it had a total of 1,700 stores that sold its products. In 2006, Mossimo INC was finally acquired by another company, the Iconic Brand Group.