Stacy London’s Net Worth and How the Former ‘What Not to Wear’ Co-Host Almost Went Broke
You might know Stacy London from TLC’s hit reality series, What Not to Wear, which showcased the stylist’s makeover efforts and fashion expertise. And, while the television show might be where she rose to fame, her time as a co-host isn’t the only way she made her fortune. Up ahead, we take a closer look at Stacy London’s career, including her net worth and how she almost lost it all.
Stacy London’s net worth and how she makes her money
According to a few sources, including Celebritynetworth.com, Stacy London has a net worth of around $8 million. Much of the stylist and television personality’s success stems from her time on TLC’s What Not to Wear. However, Stacy London has also styled high profile celebrities — including, Kate Winslet and Liv Tyler — authored a book, worked on advertising campaigns, and even had her own talk show. She also hosted TLC’s fashion reality series, Love, Lust, Run from 2015 to 2016.
Additionally, Stacy London had endorsement deals with Pantene, Woolite, and Dr. Scholl’s. She also owns a styling business called Style for Hire with Cindy McLaughlin and works closely with Westfield on various projects, including the shopping center group’s magazine, Westfield Style.
Stacy London continues to work in the fashion and television world, contributing regularly to NBC’s Today and other shows including Rachael Ray and Access Hollywood.
How the ‘What Not to Wear’ co-host almost went broke
While it might seem like Stacy London has it made, the television personality has struggled quite a bit in her personal life. In 2018, Refinery29 offered her a platform to discuss her ups and downs. “The day I celebrated my first anniversary of life after spine surgery — December 13 — I found out I was going broke. Well, not broke broke, but running out of cash fast,” London wrote.
She went on to discuss how she was spending her money “without giving second thought” and highlighted how, following her back surgery (which caused her to take more time off than originally planned), 2017 was one of the lowest years of her life.
“Honestly, I just wasn’t thinking about my finances. In fact, I would have thrown money at anything — material or procedural — to make the recovery process easier,” she recalled. “The problem was that while I had planned financially for the first year off, I hadn’t planned for the second. I felt secure enough not to panic right away — I just had to get through six weeks, right? But it became obvious that six weeks was just the start of my recovery.”
Without a job to keep her busy, London spent a lot of time spending money. She ordered food twice a day, paid for a full-time driver, and went off the deep with online shopping. “Shopping provided me with a very interesting version of magical thinking at this time,” she wrote. “I imagined parties and places I’d go, the people I’d be with, and when I bought this one last dress, show, bag, or necklace, my image in these imaginary scenarios would somehow be complete or whole,” she continued.
After a year of spending to soothe emotional (and physical) pain, London met with her financial advisor and discovered the damage her spending habits had caused. “I am very conscious of my mistakes and my need to rectify them, not just to stay afloat but to banish this serious knock to my own sense of self-esteem,” she told Refinery29.
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