The net worth of Mossimo Giannulli is $70 million. He is an American fashion designer and businessman who started his career as a teen model in the 90’s. After having several stints on MTV and other shows, Giannuli became a designer for Mossimo Supply Co., which he founded with his brother Brian in 1988. The post is presented by https://www.webmagazinetoday.com/
Mossimo Giannulli net worth
Mossimo Giannulli net worth is $70 million. He gained this amount of money by being a fashion designer and entrepreneur. Mossimo was born on December 28, 1965 in Oakland, California. The name of his father is Ralph Giannulli and the name of his mother is Kay Giannulli.
Mossimo attended at University of Southern California where he studied business administration majoring in finance and marketing. He graduated from USC with honors in 1987 after which his dream to become a fashion designer began to take shape. Explore now: Grace Vanderwaal net worth
Early life
Giannulli was born in Los Angeles, California. His family moved to New York City when he was a child, and his father worked for the United Nations. He has an older sister and a younger brother.
He graduated from the University of Southern California with a degree in business administration (marketing).
Career
Mossimo Giannulli started his career as a model in the 1980s. During that time he worked for multiple brands including Ralph Lauren and Calvin Klein. He also landed many ad campaigns including those for Nike, Levi’s, Coca-Cola and Revlon.
However, Mossimo was not satisfied with just being a model so he decided to start his own brand called Mossimo which was sold through Target. The company was founded by him along with his brothers in 1989 and it became an instant success selling millions of pieces of clothing every year.
Mossimo ran this company until 2005 when he sold it to Gap which made him quite rich since there were rumors that Gap paid over $200 million dollars even though they declined these claims saying they paid around $50 million
Married life
Mossimo Giannulli and his wife are married since 1989. They have two children, a son named Marco and a daughter named Stella. His wife is a fashion designer and they live in Los Angeles, California.
Arrest
Mossimo Giannulli was arrested on April 8, 2019. He was charged with wire fraud, conspiracy to commit wire fraud and money laundering. The charges are related to a $500,000 payment made by Mossimo’s mother, Lisa Marie Presley (née Lockwood) in the form of a sham endorsement deal.
Mossimo is currently in federal custody and his bail hearing is scheduled for April 9th.
Released
Mossimo Giannulli was released from prison in December 2018 after serving eight months of a 14-month sentence. He was sentenced to prison for bankruptcy fraud.
Giannulli is the brother of fashion designer Mossimo Giannulli and actress Alexis Knapp, who co-starred with Nat Wolff and Cara Delevingne in The Fault In Our Stars (2014).
Interesting facts
- Mossimo Giannulli was arrested for financial fraud in February 2019, and released on bail.
- He is married to fashion designer Keren Craig, who founded the clothing brand Creatures of Comfort with her twin sister Karen in 2002.
- The couple have two children together: a son named Christian and a daughter named Scarlett Jane (born 2008).
- Mossimo and Keren met at UCLA where they were both students in 1996; they married in 2001 at a ranch near Santa Barbara, California that belonged to Keren’s grandfather Hampton Clark III (a former mayor of Beverly Hills and founder of Pacific Coast Lighting Company).
Conclusion
Mossimo Giannulli is an American businessman who has a net worth of $200 million. Mossimo Giannulli earned his net worth through his career as a fashion designer and entrepreneur. He is best known as the founder and CEO of Mossimo Supply Co., which was founded in 1987 in Los Angeles, California. In 2001 he sold the company to Gap Inc., but he still continues to work there as a designer and consultant.
