Todd Chrisley is an American businessman, real estate agent, reality star, and actor. Todd Chrisley has a net worth of -$46 million.
Todd Chrisley Bio & Wiki
Born 1969 in Georgia, Todd Chrisley grew up in South Carolina. He moved to Atlanta after his marriage and settled to be a real estate agent. Despite owning Chrisley Asset Management as his firm, the company is said to face a lot of financial problems and debts for which he has been struggling to recover. However, he lives with his family in a 30,000 sq foot mansion and lives a lavish life.
Best known today for the reality television show ‘Chrisley Knows Best’, Todd Chrisley became famous overnight gaining over millions of searches on different social media platforms. Right after his first show, the star turned into a trending topic on Twitter.
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Family And Kids
Although he was rumoured to be a bisexual, Todd got married to Teresa Terry at age 21. They fell for each other while in High School in Westminister South Carolina. At that time, Teresa was 17 and Todd Chrisley was only 19. They have two children namely Kyle Chrisley and daughter Lindsie Chrisley. However, their relationship crashed in 1996. The actor immediately moved on with his life marrying Julie Chrisley on May 25, the same year. They also share three children with each other, Savanah, Chase and Grayson.
Teresa nonetheless didn’t let the sleeping dog lie. She exposed some of the realities of her 7-year marriage to Chrisley and the acrimonious break up in an exclusive interview with MailOnline.
Teresa filed a domestic violence case pursuing a ‘campaign of mental and physical abuse,’ of multiple ‘battering’, once with ‘his closed fist’ after stripping her naked. Teresa also claimed her life was threatened, adding that she has witnessed on one occasion that Chrisley is beating his own mother. Additionally, she made a shocking disclosure of a private detective who was hired by Chrisley to track her down and left her fearing for her life.’
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In terms of making it in life, some people kick off very small and make it big. And then there are some people who start very well and end up with almost nothing. Most times these people may refuse to see it, living a lavish lifestyle that cannot be sustained. What are we trying to say here? Chrisley financial worth will give you a hint.
Chrisley made name and money for himself almost with ease. However, a failure in terms of real estate business development projects brought him on bankruptcy headline. He got involved in $45 million bankruptcy case and has $50 million debt with just $4.2 million of assets in 2012.
The actor filed for Chapter 7 bankruptcy protection against a debt of $49.5 million that year.
The chapter 7 bankruptcy papers disclosed that he only had $4.2 million in assets, $55 in a bank account and $100 in cash when he filed the bankruptcy in 2012.
His lawyers said he had to file bankruptcy because of a single big investment that collapsed. However, different market experts have suggested that the 2008’s housing market collapse led to his bankruptcy.
Todd Chrisley Net Worth
Clearly, Chrisley came out without a scratch from his bankruptcy and negative net-worth. Despite the claims, the star still maintains a positive financial image at present, however, his exact net worth remains difficult to determine.
According to the bankruptcy proceedings, it could be as little as -$46 million. But he previously lived in a luxury 3000-sq-ft comfy mansion worth more than $2million as late as 2014 (they have moved since). Currently, he is said to live in more than $2million mansion in a different area. In promos for the show, Todd Chrisley also claimed the family has spent over $300,000 yearly on clothing.
It has also been rumoured that Chrisley has his money and assets all transferred in his wife’s name during the proceedings and never was poor as he made the trustees believe. Well, his consistent flamboyant lifestyle could be credited to his reality show called ‘Chrisley Knows Best,’ which features Todd’s life and his family. The show has been airing on the USA network since 2014. He reportedly earns a hefty amount in salary from the hit television series.
In conclusion, all of the assets and debts make Todd Chrisley’s net worth stand at $-46 million today.
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Quick Facts about Todd Chrisley
Full Name: Todd Chrisley
Profession: Television Personality, Real Estate Broker
Height: 5′ 9″ (1.75 m)
Date of Birth: April 6, 1969
Place of Birth: Georgia, USA
Marital status: Married (Julie Chrisley)
Astrological sign: Aries