Iovine received her undergraduate degree (summa cum laude, Phi Beta Kappa) in journalism from the University of California, Berkeley. She earned a law degree from Hastings College of the Law and an LL.B. in International Law from Cambridge University.
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She had an early marriage which ended in divorce; from 1987 to 2009 she was married to Jimmy Iovine, a record producer and a co-founder of Interscope Records. They have four children.
Iovine has published several titles pertaining to pregnancy and parenthood under the brand of Girlfriends' Guides, which is the basis for the TV show Girlfriends' Guide to Divorce as well as Best Friends' Guides.
The house is over 10k sq. ft. and was purchased in 2009 for roughly $10m.
In May 2014, she married David Coiro, who is an investment advisor.