Net Worth Ranker
What Is Tori Spelling’s Net Worth?
As of 2024, Tori Spelling’s net worth is estimated to be around $150,000. This figure reflects her earnings from a career spanning television, film, and writing, significantly influenced by her family background and financial circumstances.
Early Life and Career Beginnings
Victoria Davey Spelling, born on May 16, 1973, in Los Angeles, California, is the daughter of the late Aaron Spelling, a prolific television producer, and Candy Spelling, an author and socialite. Tori’s early exposure to the entertainment industry was facilitated by her father’s influence. She attended Beverly Hills High School and later Harvard Westlake, graduating in 1991. At the age of six, Tori began taking acting lessons, which led to guest appearances on popular TV shows like “The Love Boat,” “Fantasy Island,” and “Saved by the Bell.”
“Beverly Hills, 90210” and Subsequent Roles
At 17, Tori Spelling landed her most iconic role as Donna Martin on “Beverly Hills, 90210,” a series co-produced by her father’s company, Spelling Television. The show aired for ten seasons, from 1990 to 2000, with Tori portraying Donna throughout its entire run. During this period, she earned two Young Artist Award nominations. Alongside her work on “90210,” Tori appeared in several made-for-TV movies in the 1990s, including “Co-Ed Call Girl,” “A Friend to Die For,” “Mother May I Sleep With Danger?,” “The House of Yes,” and “Trick.” In 2006, she starred in the VH1 sitcom “So Notorious,” which parodied her public image.
Reality TV Ventures and Other Television Roles
In 2007, Tori and her husband, Dean McDermott, purchased a bed and breakfast, Chateau La Rue, in Fallbrook, California. This venture led to the reality show “Tori and Dean: Inn Love,” which later evolved into “Tori and Dean: Home Sweet Hollywood” after the sale of the bed and breakfast. In July 2007, Spelling became an ordained minister and officiated a wedding at her bed and breakfast, which was featured on “Inn Love.” A spinoff series, “Tori & Dean, sTORIbook Weddings,” premiered in April 2011. In August 2014, eight half-hour episodes of a new reality show, “Tori & Dean: Cabin Fever,” aired on CMT Canada and HGTV, documenting the family’s life in a lakeside cabin in Ontario, Canada. Other television roles include voicing the Pirate Princess in “Jake and the Neverland Pirates” (2011), appearing in the comedy short film “Hoarders: Untold sTori” (2011), guest appearances on “Big Brother 13” (2011) and “Yo Gabba Gabba” (2012), and starring in the ABC Family TV series “Mystery Girls” (2014) alongside Jennie Garth. In 2016, she starred in a remake of “Mother, May I Sleep with Danger?” alongside James Franco. From June 2018, Spelling hosted the makeover TV series “The Look: All Stars,” and she appeared in the 2018 TV movie “The Last Sharknado: It’s About Time.” She also has been a guest and contestant on episodes of “The Masked Singer” and a host on 2022’s “Love at First Lie.”
Writing Career and Other Ventures
Tori Spelling has authored three books: “sTori Telling,” “Mommywood,” and “Uncharted Territory.” She also launched a line of fashion jewelry on the Home Shopping Network, showcasing her entrepreneurial endeavors.
Inheritance and Financial Struggles
Despite being the daughter of Aaron Spelling, whose net worth was estimated at $600 million at the time of his death in 2006, Tori Spelling reportedly inherited only $800,000. The majority of Aaron Spelling’s estate went to her mother, Candy Spelling. Further financial challenges arose due to Tori’s spending habits, which allegedly led to Candy Spelling cutting her off financially. In October 2013, Tori claimed to be broke, stating that she had spent all her earnings and inheritance, estimated between $15 and $20 million. She mentioned failed real estate investments and lavish purchases as contributing factors. Tori stated in an interview, “I don’t have one million dollars. We had some income here and there, but no savings apart from our retirement accounts.” Despite her statements, Dean McDermott clarified the situation, stating, “Right now things are going well. Tori and I are doing just fine financially.”
Legal and Financial Issues
In March 2017, City National Bank filed a lawsuit against Tori and Dean for failing to pay off $200,000 of a $400,000 loan and for overdrawing $17,000 from their checking account. Concurrently, Dean was sued by his ex-wife for $100,000 in owed child support. Court documents alleged that Dean had stopped paying child support, despite taking luxurious vacations and residing in a $2 million estate paid for by Candy Spelling. The documents 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 prior, the couple was sued by American Express for $87,000 in credit card debt and $260,000 in unpaid taxes. In 2023, Spelling settled her credit card debt with American Express.
Real Estate Ventures
In 2020, Tori and Dean purchased a 5,980-square-foot home in the Santa Monica Mountains for $3.7 million. The mansion features five bedrooms, eight bathrooms, a gourmet kitchen, a playroom, a wet bar, a swimming pool, and a spa with a rock waterfall. Previously, the couple owned a 6,700-square-foot Encino estate, which they sold for $2.5 million in 2011. The Encino home had 6 bedrooms, 6.5 bathrooms, 4 fireplaces, a formal entryway, custom finishes including French doors, wood and stone flooring, a gourmet kitchen, a master suite with a sitting area, fireplace, balcony, spa tub, landscaped grounds, a lanai, BBQ, putting green, and a pool/spa.
Personal Life and Separation
Tori Spelling has been married twice. Her first marriage was to actor and playwright Charlie Shanian from July 2004 to April 2006. In May 2006, she married Dean McDermott, whom she met while filming the TV movie “Mind over Murder” in 2005. At the time, Dean McDermott was married to Mary Jo Eustace and in the process of adopting a child. Tori and Dean have five children together, and Tori is the stepmother to Jack Montgomery McDermott, Dean’s son with Eustace. In June 2022, it was reported that Tori and Dean were undergoing a trial separation, and in June 2023, they officially announced their separation after 17 years of marriage. Tori officially filed for divorce in March 2024. In May 2023, Tori and her children were admitted to Urgent Care due to a mold infection in their house.
