One of the most famous actresses in Hollywood is Tori Spelling. She became famous as a result of her role in the groundbreaking teen drama Beverly Hills, 90210. The TV star has tried his hand at business with mixed results. However, she keeps making waves with innovative projects and partnerships that keep her brand in the minds of her followers and viewers.
The article discusses Tori Spelling’s wealth, acting career, previous business activities, and current projects.
Tori Spelling Net Worth
The American actress Tori Spelling’s worth $1.5 million. Tori Spelling’s most recognizable role is as Donna Martin on “Beverly Hills, 90210,” a sitcom that her famed father, Aaron Spelling, co-produced in the 1990s. She also made a cameo appearance in the show’s current spin-off.
Tori Spelling’s Financial Woes: From Squandering Millions to Lawsuits and Overdrafts
In October 2013, Tori made the surprising disclosure that she had spent all of her money, was living with her mother, and needed help from her mother just to pay rent and cover her husband’s routine medical expenses. S
She claimed to have spent everything $15–20 million she had received from her father and made as an actress. Spelling stated in an interview that she had wasted millions of dollars on unprofitable real estate ventures and expensive luxuries for herself and her family. Tori’s response to the question of her exact wealth was:
“I don’t have one million dollars. We had some income here and there, but no savings apart from our retirement accounts.”
To be fair, the next day Tori’s husband Dean told US Magazine that:
Remember that Tori’s mom, Candy, has $600 million in the bank. If I were Tori Spelling, I wouldn’t worry too much about her bank account. However, City National Bank sued Tori and Dean in March 2017 for failing to repay $200,000 of a $400,000 loan.
Tori allegedly made a $17,000 overdraft from her checking account, according to City National. While that case was pending, Dean’s ex-wife filed a separate lawsuit against him for child support. American Express had filed a lawsuit against the couple a few months prior for $87,000 in credit card debt and $260,000 in back taxes.
Tori and Dean’s Reality TV Ventures: From Inn Love to Cabin Fever and Lawsuits
A reality show titled “Tori and Dean: Inn Love” followed the McDermotts after they purchased the Chateau La Rue in Fallbrook, California in 2007. After they sold the inn, the show was renamed “Tori and Dean: Home Sweet Hollywood.” Spelling got his ministerial license in July 2007 so that he could marry a gay couple at the B&B.
In Love aired a segment on the wedding ceremony. The first episode of Tori & Dean: sTORIbook Weddings, a spinoff of Home Sweet Hollywood, aired on April 6, 2011. A group of writers has sued the show for $60 million, alleging they had the idea for a similar show starring Tori and Dean long before it was made.
They sued over a variety of claims, including breach of an implied contract, slander of title, and unfair commercial practices. Eight thirty-minute episodes of the new reality show Tori & Dean: Cabin Fever premiered on CMT Canada and HGTV in August 2014. The series followed Spelling, McDermott, and their kids as they settled into an Ontario, Canada, cabin by the lake.
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Tori and Dean’s Luxurious Real Estate Portfolio: A Look into Their Stunning Homes
Tori and Dean bought a 5,980-square-foot property in the Santa Monica Mountains for $3.7 million in 2020. In addition to a swimming pool and a spa with a rock waterfall, the mansion’s grounds also have a playroom, a wet bar, a gourmet kitchen, and eight bathrooms.
In 2011, the couple made $2.5 million off the sale of their former home, a 6,700-square-foot mansion in Encino. The Encino mansion includes 6.5 bathrooms, 4 fireplaces, and 6 bedrooms.
The home’s gourmet kitchen, wood and stone floors, and French doors are just a few of the bespoke touches. There’s a jacuzzi tub, a terrace, a fireplace, and a sitting area in the main bedroom. There’s a putting green, a pool/spa, a lanai, and more on the beautifully landscaped property.
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