James Carlos Bellino was born on 10 June 1962, in Long Beach California, USA, and is probably best known as the husband of reality television star Alexis Bellino, and as such is sometimes featured in the show “The Real Housewives of Orange County”. He’s also been the topic of issue and criticism due to how he’s reported as a scammer and has been selling fraudulent items, in fact being accused of forgery. Despite this, his net worth is still significant enough to mention.
How rich is Jim Bellino? As of early-2016, sources inform us of a net worth that is at $500,000, mostly accumulated through business and possibly unethical means. He owned a very nice home featured in “The Real Housewives of Orange County” which he was selling due to financial issues. The government has fined him for the illegal work he’s done and it has reduced what would’ve been a higher net worth.
Jim Bellino Net Worth $500,000
Bellino’s first company would be “Forensic Document Services”, handling, certifying and authenticating signatures, autographs and the like. According to reports, the business ran into some trouble and was accused of forgery, which forced the company to close down. Since then he has started other companies including a trampoline park, a pawn shop, and a Mexican restaurant – Margaritaville – which eventually closed as well, failing to make a profit.
During the year 2000, Bellino was accused by many people of being a scammer. The Federal Bureau of Investigation eventually became involved and investigated his business called “The J. DiMaggio Company”. The company was said to be selling sports memorabilia, but many believed they were selling forgeries and fakes. Jim paid $30,000 to avoid jail time and authorities warned him against similar operations. According to the FBI, they caught a network of forgers, retailers and the like who were responsible for around $100 million worth of forged memorabilia. The company was forced to shut down, and many items were confiscated, most of which were confirmed fraudulent. Bellino has been banned from Ebay as well and any forms of business related to celebrity and sports memorabilia.
Jim also has a company called Rectivity Inc., which was an online vendor of game tables. The company was, however, liquidated and the company’s rights forfeited due to a lack of financial support. He still owns InVogue Luxury Vacation Suites of Laguna Beach which is an office/hotel space for rent.
Due to these accusations, many of Jim’s other businesses suffered as people no longer trusted him. These along with the country’s financial crisis caused his wealth to drop significantly. Since then, Jim has made over $500,000 through a real estate investment program wherein he buys old houses to renovate and eventually re-sell, a term now called “house flipping”.
For his personal life, it is known that his marriage to Alexis is still going strong and she refers to him as a king and savior. They have three children, the latter of whom are twins. The couple has been married since 2005.
