- Is Tori Spelling Broke?
- Early Life
- Acting Career
- Reality Shows
- Other Television Roles
- Other Ventures
- Personal Life
- Real Estate
- What is Tori Spelling’s net worth and salary?
- Is Tori Spelling Broke?
- What Does Tori Spelling Do for a Living?
- How Has Tori Spelling Made Money?
- What Money Issues Has Tori Spelling Had?
- How Much Money Did Tori Spelling Inherit From Her Late Father Aaron Spelling?
- What Has Tori Spelling Said About Managing Her Money?
Is Tori Spelling Broke?
Tori Spelling, a familiar name in the entertainment world, has navigated a diverse career path, both on screen and behind the scenes. Best known for her role as Donna Martin in the iconic ’90s TV series “Beverly Hills, 90210,” her life story is a blend of fame, family ties, and financial twists.
Tori, the daughter of legendary TV producer Aaron Spelling, carved her own path in the acting world, playing Donna Martin in “Beverly Hills, 90210.” Her net worth, despite her family’s wealth, stood at $250,000.
Despite her father’s reported net worth of $600 million, Tori’s inheritance was modest, leaving the bulk of the estate to her mother, Candy Spelling. The mother-daughter relationship has had its share of rocky moments, often revolving around financial matters.
Apart from acting, Tori’s career boasts a rich tapestry of roles in TV, film, and reality shows. Her sitcom “So Notorious” (2006) humorously parodied her own public image. She ventured into reality TV, co-starring with husband Dean McDermott in “Tori & Dean: Home Sweet Hollywood” (2007-2012). Alongside her on-screen endeavors, she ventured into book writing and launched a jewelry line, showcasing her entrepreneurial spirit.
However, financial challenges have also been a part of Tori’s narrative. In 2013, she shocked many by revealing her financial struggles, including borrowing money from her mother to pay rent and cover medical expenses. Despite her father’s estimated $15-$20 million inheritance, she claimed to have squandered away her earnings on real estate investments and lavish spending.
Yet, amidst financial turbulence, Tori’s husband, Dean McDermott, clarified their situation, stating that things were on track. Candy Spelling’s considerable net worth, estimated at $600 million, adds a layer of security to the family’s financial landscape.
Legal skirmishes further punctuated their financial journey. A lawsuit by City National Bank in 2017 and other legal battles underscored their challenges. Nevertheless, in 2023, Tori reportedly settled her credit card debt with American Express.
Victoria (Tori) Davey Spelling was born on May 16, 1973 in Los Angeles, California. She was born to two very famous parents: Her father is television and film producer Aaron Spelling and Tori’s mother is the author and socialite Candy Spelling. Her brother, Randy Spelling is also a former actor who now works as a life coach. Tori attended Beverly Hills High School, then completed her education at Harvard Westlake, graduating in 1991.
Spelling for acting lessons by an acting coach her father hired for her at just age six. She subsequently landed guest spots on several popular TV shows like The Love Boat, Fantasy Island, and Saved by the Bell. When she was 17, she was given the role of Donna Martin on Beverly Hills, 90210, co-produced by her father’s company Spelling Television. The series ran from for ten seasons 1990-2000, with Spelling portraying Donna the entire run. She was nominated for two Young Artist Awards for her work. During her time on the show, she was also featured in several made for TV films including Co-Ed Call Girl, A Friend to Die For, Mother May I Sleep With Danger?, The House of Yes, and Trick, all in the ’90s. In 2006, Spelling starred as herself in the VH1 Sitcom So Notorious. It parodied her public image.
In 2007, Tori and husband Dean McDermott bought a bed and breakfast, Chateau La Rue in Fallbrook, California and subsequently starred in a reality show called “Tori and Dean: Inn Love”. That show later became “Tori and Dean: Home Sweet Hollywood”, after they sold the bed and breakfast. In July 2007, Spelling became an ordained minister in order to marry a gay couple at the bed and breakfast. The wedding ceremony was featured on an episode of Inn Love. Tori and Dean’s spinoff series of Home Sweet Hollywood, Tori & Dean, sTORIbook Weddings premiered on April 6, 2011. Writers filed a $60 million dollar lawsuit against the series after claiming they came up with the idea of the same series starring Tori and Dean. In the lawsuit, they cited breach of implied-in-fact contract, slander of title, and unfair business practices, among many other charges. In August 2014, eight half hour episodes of a new reality show, Tori & Dean: Cabin Fever were produced and aired on CMT Canada and HGTV. The show chronicled Spelling, McDermott, and their children as they moved into a lakeside cabin in Ontario, Canada. She has also been a guest and contestant on episodes of The Masked Singer and a host for 2022’s Love at First Lie.
Other Television Roles
Tori voiced the Pirate Princess in Jake and the Neverland Pirates in 2011. Later, she played a role in the comedy short film Hoarders: Untold sTori. It premiered at the Outfest Film Festival in July 2011. Spelling was on Big Brother 13 in September 2011. In 2012, she made a guest appearance on Nick Jr.’s Yo Gabba Gabba. In 2014, Spelling starred in ABC Family TV series Mystery Girls, alongside her former 90210 co-star Jennie Garth. In 2016, she did a remake of Mother, May I sleep with Danger? alongside James Franco. Since June 2018, Spelling has been hosting the makeover TV series The Look: All Stars. She also appeared in 2018 in the TV movie The Last Sharknado: It’s About Time.
Spelling also has her own line of fashion jewelry that she designs and sells on the Home Shopping Network. Tori has written three books, “sTori Telling”, which tells more about her life in the limelight, “Mommywood”, which describes her experiences as a mom, and “Uncharted Territori.”
Tori has been married twice. First to actor and playwright, Charlie Shanian, from July of 2004 to April of 2006. She then married Dean McDermott in May of 2006, whom she fell in love with while filming 2005’s “Mind over Murder,” a made for TV movie. At the time Dean McDermott was married to Mary Jo Eustace. Dean and Mary Jo had a child and were in the process of adopting a child. They divorced in 2006.
Tori and Dean have five children together. Tori is also the stepmother to Jack Montgomery McDermott, Dean’s son with Eustance. It was reported in June 2022 that Spelling and McDermott were in the middle of a trial separation. In June 2023 they officially announced their divorce after 17 years of marriage.
In May 2023, Tori and her children were admitted to Urgent Care after getting sick from a mold infection in their house. She took to social media to ask for guidance on the issue that has been “slowly killing” her family for years.
In 2020, Tori and Dean paid $3.7 million for a 5,980 square foot home in the Santa Monica Mountains. The mansion includes five bedrooms, eight bathrooms, a gourmet kitchen, a playroom, and a wet bar, and the property features a swimming pool and a spa with a rock waterfall.
What is Tori Spelling’s net worth and salary?
Tori Spelling is an American actress who has a net worth of $150 thousand. Tori Spelling is probably best known for playing the role of Donna Martin on the 90s TV series “Beverly Hills, 90210” which was co-produced by her legendary father, Aaron Spelling. She also briefly starred in the show’s modern spin-off series.
Despite being the daughter of Aaron Spelling (net worth $600 million at the time of his death), one of the richest and most prolific television producers in history, Tori Spelling did not inherit a significant portion of her father’s estate when he passed away in 2006. Instead, the bulk of the wealth went to her mother, Candy Spelling. Reportedly, Tori received just $800,000. Further financial strain developed when Candy allegedly cut Tori off financially, claiming her daughter’s spending habits were out of control. The mother-daughter duo has had a rocky relationship over the years, with money often cited as a point of contention.
Is Tori Spelling Broke?
In October 2013, Tori made the shocking announcement that she was broke and had squandered away every penny she had ever made to the point where she was borrowing money from her mother to pay rent and could not afford a simple medical procedure for her husband.
Spelling claimed to have blown through every dollar she ever made acting or inherited from her late father (an estimated $15 – $20 million). In an interview, Spelling claimed to have blown through millions of dollars on failed real estate investments and lavish purchases for her family. When asked about her exact net worth Tori replied:”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, Tori’s husband Dean clarified her statements the next day by telling US Magazine:”Right now things are going well. Tori and I are doing just fine financially.”
Also, keep in mind that Tori’s mom Candy Spelling has a net worth of $600 million. So I wouldn’t stress too much about Tori Spelling’s financial future. But at the same time, in March 2017, City National Bank filed a lawsuit against Tori and Dean after they failed to pay off $200,000 out of a $400,000 loan. City National also claimed that Tori overdrew $17,000 from her checking account.
While that lawsuit was going on Dean was also being sued by his ex for $100,000 in owed child support. In October 2017, court documents filed by Dean’s ex-wife Mary Jo Eustace alleged that months after she had taken him to court for his failure to pay alimony, he had stopped paying child support. In her lawsuit Eustace stated:”In the last six weeks he has been on two luxurious vacations, Iceland & the Four Seasons in Punta Mita. He resides in a $2 million estate paid by his mother-in-law, Candy Spelling, and has no impetus to work. He owes over $100,000 moving forward, and I believe he has no intention of paying. He bounces my son’s university rent/tuition and is delinquent in paying therapist bills, while he shops visibly and throws lavish parties for his other five children.”
A few months earlier the couple was sued by American Express for $87,000 in credit card debt and $260,000 in unpaid taxes. In 2023, it was reported that Spelling settled her credit card debt with American Express.
What Does Tori Spelling Do for a Living?
Tori and her Beverly Hills, 90210 costar Jennie Garth host a podcast called “90210MG,” where the pals break down each episode of the beloved Fox series and share anecdotes, behind the scenes details and do occasional guest interviews. The ladies made the announcement on October 3, 2020, timed with the 30th anniversary of the show’s premiere, and the podcast debuted the following month on November 9.
Since the series regularly had more than 30 episodes per season over its 10 years, Tori and Jennie reached the start of season 5 of analyzing the show on July 31, 2023.
Tori and Jennie got a big business boost in September 2023, when it was announced the pair would be selling a housewares collection via QVC.
“BFFs Jennie Garth and Tori Spelling are busy moms who want to take the guesswork out of home entertaining,” their QVC items homepage read.
“The BFF Collection puts the spotlight on everyday functional designs. Look to their storage ottomans, dinnerware, baking essentials and more to bring feminine, California-chic style to your favorite spaces,” it continued, while showing photos of the goods and their prices, as well as a line of holiday decor.
In addition to her podcasting and home design gig, Tori has been busy as a full-time mom to the five children she shares with estranged husband Dean McDermott: Liam, Stella, Hattie, Finn and Beau. Dean shared in a June 17, 2023, Instagram announcement that the pair “decided to go our separate ways, and start a new journey of our own,” after 18 years of marriage, although he took down the post less than 24 hours later.
Tori claimed she and the kids had to move out of their family home after revealing it had mold issues in May 2023. They initially moved into a motel in Hollywood and later relocated to an RV campground in Ventura County, California. It’s unclear where Dean is living.
How Has Tori Spelling Made Money?
Tori and Jennie were behind the 2019 reboot of their original hit, retitled BH90210. They reprised their original characters of Donna Martin and Kelly Taylor with a brand new cast of younger characters at West Beverly High School. According to The Hollywood Reporter, Tori was paid $70,000 per episode with an additional $15,000 per episode paycheck as a cocreator with Jennie. The show was canceled by Fox after one season and Tori appeared in six episodes.
In addition to acting, Tori is a published author, beginning with her 2008 book, Stori Telling, about growing up on Beverly Hills, 90210. It reached No. 1 on The New York Times’ Best Seller list for hardcover non-fiction books. Tori followed it up with 2009’s Mommywood, a humorous look at her life as a mother, and 2013’s Spelling It Like It Is.
What Money Issues Has Tori Spelling Had?
Amid whispers that her marriage to Dean is on the rocks, Tori and her estranged husband have faced a slew of financial hurdles. In July 2023, In Touch exclusively revealed that they were hit with a $324 New York City state tax warrant, which listed both parties and was filed on April 20, 2022.
Tori and Dean previously faced a state lien for $31,091.00 in 2018, a judgement lien for $17,730.00 in 2017, federal tax liens for $184,390.00 in 2017 and $707,487 in 2016 and a state tax lien for $259,108 in 2016. The actress’ bank account was also seized in 2020 when she refused to pay back American Express. The court ordered a writ of execution carried out by the Los Angeles County Sheriff’s Department in March. She owed $88,731.25 to the credit card company, and ultimately paid off the balance in April 2022.
How Much Money Did Tori Spelling Inherit From Her Late Father Aaron Spelling?
Despite the prolific television producer having a net worth of more than $600 million upon his death in 2006, Aaron Spelling left nearly the entire sum to his wife and Tori’s mom, Candy Spelling. Tori received just $800,000 from Aaron’s estate.
Candy claimed in a 2014 New York Times interview that Tori’s small inheritance was due to issues with her alleged over-spending. “She would close a store spending $50,000 to $60,000,” Candy told the publication about Tori, adding, “I never did anything like that, she just went crazy.”
What Has Tori Spelling Said About Managing Her Money?
“I am not great with money, and I know a lot of people read a lot of stuff about my financial things going on,” she admitted in a 2019 episode of her Kin reality series, Tori Tried and True. “I had a business manager since I was 18 years old, so I never handled any of my money. Everything, everything, went to them, so, unfortunately, I never quite learned about money. Now raising kids of my own, I’m like, that is so important.”
“And because I’ve never been good with money, I wasn’t ever taught to deal with money properly, that’s something that’s really important for me to do as I’m learning myself now in my 40s,” she added.