Todd Chrisley is an American businessman, real estate agent, reality star, and actor. Todd Chrisley is worth about -$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 lavishly with his family in a 30,000 sq foot mansion.
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.
Family And Kids
Although he was rumored to be a bisexual, Todd got married to his first wife – 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 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 on one occasion, she witnessed Chrisley beating his own mother. Additionally, she made a shocking disclosure of a private detective who was hired by Chrisley to track her down which left her fearing for her life.’
Some people kick off very small and make it big, but then there are some people who start very well and end up with almost nothing. Most times, people of the latter category may refuse to see it, living a lavish lifestyle that cannot be sustained. Chrisley’s financial worth will give you a hint of such situations.
Chrisley made a 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 a $45 million bankruptcy case and recorded a $50 million debt with just $4.2 million of assets in 2012, which led the actor to file for Chapter 7 bankruptcy protection that year. The bankruptcy papers disclosed that he only had $4.2 million in assets, $55 in a bank account and $100 in cash at the time of filing.
According to his lawyers, he had to file for bankruptcy because of a single big investment that collapsed, but different market experts have suggested that the 2008’s housing market collapse led to his bankruptcy.
Todd Chrisley Financial Standing
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 financial standing 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 (but has since moved). Currently, he is said to live in a more than $2million mansion in a different area. In his reality TV show, Chrisley once claimed that his family spends over $300,000 yearly on clothing.
It has also been rumoured that Chrisley had his money and assets all transferred in his wife’s name during the proceedings and was never as 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.
All of Todd Chrisley’s assets and debts make the value of his wealth to be placed at $-46 million.
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