Lana was born in 1980 in Los Angeles, California. Her father, Dave (1940 - 1985) was a millionaire film producer. Her mother, Linda (born 1955) was a makeup artist. She had what some would call a spoiled childhood, when she was 15 she had her own penthouse (although she never lived in it). In 1985 her father died and her mother inherited over $60 million. In 1992 she was enrolled in the exclusive Maynard Hill School and remained there for four years. In 1996 she left school and remained in Los Angeles. That same year her mother founded the magazine "Hot", and Lana became a member of the board, at 16.