Lori Loughlin and Mossimo Giannulli Split: What's at Stake for the Couple of 27 Years Julia MooreOctober 15, 2025 at 9:22 PM 0 The Hollywood JR / BACKGRID Mossimo Giannulli (left) and Lori Loughlin on June 11th, 2025 Lori Loughlin and Mossimo Giannulli have separated, PEOPLE confirms While Loughlin'...
- - Lori Loughlin and Mossimo Giannulli Split: What's at Stake for the Couple of 27 Years
Julia MooreOctober 15, 2025 at 9:22 PM
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The Hollywood JR / BACKGRID
Mossimo Giannulli (left) and Lori Loughlin on June 11th, 2025 -
Lori Loughlin and Mossimo Giannulli have separated, PEOPLE confirms
While Loughlin's rep said that there are "no legal proceedings at this time," should the couple file for divorce, there's a lot at stake as their shared net worth is estimated to be $80 million
The Full House alum's rep told PEOPLE the couple is "living apart and taking a break from their marriage"
There's a lot at stake as Lori Loughlin and Mossimo Giannulli separate.
On Thursday, Oct. 2, PEOPLE confirmed the couple, who have been married for close to 28 years, have separated.
In a statement, Loughlin's representative Elizabeth Much said the pair are "living apart and taking a break from their marriage." She noted, though, that there are "no legal proceedings at this time" amid the separation.
If the couple — who share daughters Olivia Jade, 26, and Isabella, 27 — do decide to file for divorce, there will be quite a lot at stake between the two of them, and celebrity divorce attorney David Glass and family law attorney Nancy Chemtob, who specializes in high-net-worth divorces, have broken it all down for PEOPLE.
As Glass explains, both Loughlin, 61, and Giannulli, 62, have "suffered financially" due to their involvement in the college admissions scandal, with "Mossimo's sales suffering and with Lori losing her Hallmark channel contract" as a result.
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Mossimo Giannulli (left) and Lori Loughlin attend LACMA's 50th Anniversary Gala on April 18, 2015
They were accused of paying $500,000 to get their daughters into the University of Southern California in 2019, and pleaded guilty to wire and mail fraud the following year. Loughlin spent two months in jail and was ordered to pay a $150,000 fine and complete 150 hours of community service, while her husband served a five-month sentence and paid a $250,000 fine and did 250 hours of community service.
Since there "won't be any issues of child custody or child support" because their daughters are adults, the main question regarding their prospective divorce, according to Glass, is "the division of property and the potential for alimony to be decided."
"If the parties have a prenuptial agreement, which has become standard in the entertainment and fashion industries, then those issues have already been handled." If they do have a prenup, Glass guesses that they'll "each keep their respective businesses, goodwill and earnings, and neither pays alimony to the other."
While Giannulli amassed his fortune after founding the clothing brand Mossimo in 1986, from which he profited $1 million in his first year, Loughlin made a name for herself in Hollywood as Aunt Becky on Full House. She returned to TV in Great American Family's When Hope Calls in 2021, following her and her ex's prison time, and most recently starred in Dick Wolf's On Call alongside Troian Bellisario and Brandon Larracuente.
The main asset that the couple shares is a nearly 12,000 square-foot home in Hidden Hills that they purchased in August 2020, after selling their Bel-Air mansion amidst the college admissions scandal.
In February, they listed that house for sale for $16.5 million, and it is still on the market. Eight months later, it's now listed at $14.95 million. Loughlin and Giannulli are also rumored to share vacation properties in Idaho and Cabo San Lucas, Mexico.
According to Chemtob, because the house "doubled in price" from when it was first listed, the sale will be "subject to capital gains taxes," on top of the "enormous monthly budget" she speculates they are paying for upkeep on the property in the meantime.
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Mossimo Giannulli (left) and Lori Loughlin in Malibu on April 21, 2009
"It appears that the house is a marital asset owned by both parties. Therefore, under California law, community property is the law that prevails, so any assets that are acquired during the marriage would be split 50/50," she explains.
However, Chemtob says that Giannulli "may have rented a home" on his own, which "would not be part of the 50/50 split."
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Speaking generally to what the sale of the house represents for the couple, Chemtub says, "If they put the house up in February and now they're living separately, clearly they couldn't continue to live together, which says a lot. Most people just wait for a house to sell."
"From February until now, that's a long time to have a house for sale, and now split," she explains. "So they probably thought that the house was going to sell quickly and then [one of them] decided they just can't continue to live with the other person."
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Lori Loughlin (center) and her daughters Olivia Jade and Bella Rose
"I've been doing this for so long that you can kind of see into people's windows. And I think at this juncture, there definitely must have been a lot of pressure from the scandal," she adds of the couple, who tied the knot in 1997.
"I'm sure that the marriage has been a bad marriage for a long time, but they didn't want to have another disruption with their kids. I'm sure that they tried to just normalize everything. And at this point, with the kids at the ages that they are, it's just like, the game's over."
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