Behind Tori Spelling's Money Mysteries: Riches to Rags Story

Behind Tori Spelling's Money Mysteries: Riches to Rags Story

Updated on August 11, 2023 19:00 PM by Anna P

( Behind Tori’s Account Dwindling: Image Credits: people.com)

Behind Tori’s Account Dwindling

Her financial constraints have brought in many inquiries as to how and why the daughter of a once wealthy soap opera millionaire could be languishing in money issues. She grew up in a sprawling Hollywood mansion and also starred in one of her father’s hit shows Beverly Hills 90210. She has also appeared in major television shows like  A Friend to Die For (1994), A Carol Christmas (2003), and The Mistle-Tones (2012), both versions of Mother, May I Sleep with Danger? (1996 and 2016) and The Last Sharknado: It's About Time (2018).

Tori also had a jewelry and fashion line and also wrote and released her first autobiography book,  sTori TELLING in 2009. Her second book  Mommywood was released in 2009 and her third book  Uncharted TerriTORI in 2010. She admitted to sharing her stories and experiences with people bringing out an emotional and humorous connection.  But the answer might lie in her inheritance details. When Tori&rsquo's dad, Aaron Spelling passed on in 2006, he left most of his inheritance to his wife Candy. His children, on the other hand, Tori and  Randy inherited a small portion of the inheritance.

However, it has also been noted that Tori&rsquo's spending is way overboard, above and beyond her reach. Her spending habits led to her father leaving enormous amounts of money to his wife instead. Tori&rsquo's net worth currently is reported to be $250,000.

Tori and her husband Dean McDermott had accumulated an estimated net worth of over $1.5 million. However, owing to their divorce, her financial stability has been deteriorating.

Her financial constraints became an outrage once she took her five kids to live in a motel and then an RV due to molds at their home.  Her mother Cindy offered to help her and but she declined the offer.

  In her 2013 memoir, spelling like it is, Tori revealed, "It's no mystery why I have money problems. I grew up rich beyond anyone's wildest dreams. I never knew anything else. Even when I try to embrace a simpler lifestyle, I can't seem to let go of my expensive tastes. Even when my tastes aren't fancy, they're still costly."

In 2017, Tori and her husband found themselves with tax problems with the IRS and this resulted in draining their bank accounts.

According to a report by the Los Angeles Times, Tori and her husband have long been battling with financial issues.  They once sold their Encino, Calif. home for $2.5 million, incurring a loss of $400,000. 

A source reported that Dean was furious with Tori having to live in an RV yet several friends and family offered her support.

( Conclusion: Image Credits: the things.com)

Conclusion,

It is true that Tori is battling financial woes right now. She is caught between a rock and a hard place trying to identify what her next job will be to curb the financial challenges. She is currently seeking to get a role in a reality TV show.  A friend of Tori's revealed that one of her dreams is to participate in dancing with the stars and that there are some discussions about getting her to the show.

Also Read: A Rare Family Photo Shows Jenelle Evans With Her Son, Jace, After Regaining Custody

Also Read: Jung Kook's Sexy Calvin Klein Campaign Sets Internet Ablaze!

Also Read Love Island USA Season 5 Accused Of Being Rigged After Harrison and Emily's Exits

add Block

What's New : Networth