|1.||Mossimo Giannulli||Updated 1 month ago|
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Mossimo Giannulli is a renowned American fashion designer and businessman. He is best known as the founder of the Mossimo fashion house. He founded the fashion house in the year 1968 in Balboa Island in Newport Beach, California. The company is known for its impressive creations and collections of accessories, jackets, jeans, and t-shirts which are especially made for teens. On the company’s first year, Mossimo Giannulli earned a total of $1 million. In 1996, the company earned $76 million annually and made a profit of $12 million. In due course, the brand expanded into other market segments by manufacturing garments for men and women of older ages as well. A year later, the company lost $19 million. As the company continues to incur losses, Mossimo eventually sold to Iconix Brand Group. The company’s products are now solely sold at Target. Mossimo Giannulli is currently living in Bel Air California, with his wife Lori Loughlin and two daughters.
Giannulli first started his career with the fashion house in the year 1968. In his career spanning four decades, he started from the bottom and gradually paved his way to the top. His hard work and dedication has not only made him famous but also fortunate. He has worked hard to establish himself as one of the well known personality in the field of fashion. By now, he accumulated a good sum of money. His net worth has been estimated to be around $50 million, as of the start of 2014. He undoubtedly receives an exceedingly handsome salary for his good work. His actual salary, however, has been kept hidden and is yet to be revealed by any credible sources. He earned most of his income the founder of the Mossimo fashion house until it was sold to Iconix Brand Group. He also earns a considerable sum of money from his various business ventures.