Leone was born in Sarnia, Ontario to Sikh Punjabi parents. Her father was born in Tibet and raised in Delhi, while her mother (who died in 2008) was from Sirmaur, Himachal Pradesh. As a young girl, she was very athletic and played street hockey with the boys, and ice skating on a nearby frozen lake.

Although the family was Sikh, her parents enrolled her in Catholic school as it was felt to be unsafe for her to go to public school. There she had her first kiss at 11, lost her virginity to a basketball player at another school at 16, and discovered her bisexuality at age 18. When she was 13, her family moved to Fort Gratiot, Michigan, then to Lake Forest, California a year later, fulfilling her grandparents' dream that the family be together in one place. She graduated from high school in 1999 and enrolled in college.

In January 2008, Leone revealed that she was no longer exclusive to Erikson, and had done scenes with other actors, most notably Tommy Gunn, Charles Dera, James Deen and Voodoo. In 2009, Vivid released her only movie performing with other male actors titled "Sunny B/G Adventure". Her final release under contract with Vivid – "Undress Me", once again made her exclusive to performing with just one male actor-Daniel Webber.

In August 2009, she announced the launch of her own studio, Sunlust Pictures, with Daniel Weber as her partner. With her new venture Leone plans to write, direct and create her own brand of adult movies with Vivid Entertainment as her distributor.Her first independent production, The Dark Side of the Sun, was released in March 2009, and was debuted at the Erotic Heritage Museum in Las Vegas.[40] In June 2009, she held a casting call in Las Vegas for her second independent production titled Sunny Slumber Party (released September 2009).She followed up with three other self produced features Gia Portrait of a Porn Star (2010) which was nominated for multiple AVN awards, Roleplay (2011) and Goddess (2012) which featured her first anal sex scene.[43]

No longer exclusive to Vivid, Leone has started working with other studios and performers since 2009. She has managed to leverage her online popularity by striking deals with firms like PPPcard, AdultPokerParty.com, Brickhouse, Flirt4Free, Totemcash and Imlive to sell and distribute her content over the internet and other media. She won the "Web Babe of the Year" at the 2008 Xbiz Awards. Her websites and business interests are run under her banner company Leone L.L.C. She indicated in an April 2012 interview that 80 per cent of the traffic on her website, and 60 per cent of her revenue comes from India.

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