Tori Spelling: From Wealth To Rumors Of Bankruptcy

Most people can attest to the fact that the current economic times are tough for most families. The need for more money renders most families in need of two or more sources of income. As a result, both parents in most contemporary families have secured at least one job. What if the tables were turned around and there was plenty of money for the family? Tori Spelling is one of the lucky people brought up in an affluence. Money was never a problem as she grew up. Is she broke? How did she spend all the inheritance from her late father?

Tori Spelling was born on the 16th of May 1973 in Los Angeles, California. She is a 46-year-old actress, author, socialite and media personality who is the daughter of Aaron and Candy Spelling. Her parents named her Victoria Davey Spelling at birth. Her Zodiac sign is Taurus, and her nationality is American. She has Jewish ancestry. Her ancestors immigrated to the United States from Poland and Russia.

Tori Spelling's Net Worth: A Closer Look

How much is Tori worth? Tori Spelling's net worth in 2019 is approximately $500,000. Her father, Aaron Spelling, left behind a fortune of about $600 million. Many wonder, where did all his fortune go?

Rumors of Financial Struggles

Lately, there have been speculations that Tori Spelling is broke and cannot afford to pay her bills. She came out to rubbish the rumors and stated that she can pay her bills comfortably. The allegations arose from debts that she and her husband were ordered to pay. The court mandated the couple to pay a default judgment of about $202,066.10 to City National Bank. Additionally, she was ordered to pay back her debt of $88,000 to American Express. Although she claims that she is not broke, her fans are not convinced that her financial status is okay.

Understanding Tori's Wealth

Most people fail to understand how Tori, a lady from an affluent background, is allegedly broke. Did she squander all her inheritance? How does she earn a living?

Inheritance from Her Father

Aaron Spelling, a renowned television and film producer, was known for shows such as Charlie’s Angels, The Love Boat, Dynasty, Hart to Hart, Beverly Hills, 90210, Charmed, 7th Heaven, and many others. Aaron was ranked the 11th highest-earning dead celebrity by Forbes in 2009. Despite this, many people assume that his daughter, Tori, relies on the inheritance that he left her.

Limited Inheritance Amount

Most people get surprised when they learn that the actress inherited only $800,000 from Aaron. Her brother, Randall, also inherited the same amount of money. Their mother, Candy, with whom Tori has had a complicated relationship, is the primary estate executor following the demise of her husband.

How Tori Spelling Generates Her Income

What about her own money? Tori's spending habits have also contributed to her unexpected net worth. She has previously admitted her struggles with financial planning and management, especially after being brought up in a wealthy family. In one of her books, she stated:

“It's no mystery why I have money problems. I