Todd Chrisley Net Worth: How Much Is He Earning Per Month? Todd Chrisley’s Net Worth: Todd Chrisley is a businessman and reality television personality from the United States who has a net worth of -$5 million. He is the subject of the reality television series “Chrisley Knows Best” on the USA Network. Mr. Chrisley’s daily life is chronicled in the show. The eighth season is scheduled to premiere in 2020. “Growing Up Chrisley,” a USA Network spin-off focusing on Chase and Savannah, premiered on April 2, 2019.
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How Much Is Todd Chrisley Worth?
Early Life Of Todd Chrisley
Todd Chrisley was born in Georgia on April 6, 1969, and grew up in Westminster, South Carolina. Todd Chrisley is the patriarch of the Chrisley family, which is affluent.
Career Of Todd Chrisley
Todd Chrisley is the owner of Chrisley Asset Management, a firm that has struggled financially for several years, despite the fact that Mr. Chrisley and his family continue to live a very lavish lifestyle, which includes owning a 30,000-square-foot mansion and spending $300,000 per year on clothing. Todd Chrisley is currently embroiled in a $45 million bankruptcy case involving an ill-fated real estate empire. Todd allegedly concealed millions of dollars worth of assets in his wife’s name in a recent court proceeding, according to a trustee in the bankruptcy case. Chrisley’s attorney denies these charges. Chrisley initially declared bankruptcy in 2012, claiming $4.2 million in assets and $50 million in debt. Todd claimed in the same filing to have only $100 in cash and $55 in his checking account. In 2013, Chrisley Asset Management filed for bankruptcy. Todd owed $12 million on his Atlanta mansion and reported nearly $600,000 in IRS late fees, debts, and penalties. Fortunately for Todd, his wife is apparently self-sufficient.
“Chrisley Knows” premiered with an eight-episode first season in 2014. Todd quickly gained notoriety for his extravagant materialism-based lifestyle. The public was mesmerized by his reckless and out-of-control spending. Todd and his wife both have sizable wardrobes filled with high-end designer clothing. They drive extremely expensive automobiles. They reside in a 30,000-square-foot mansion in Atlanta. Chrisley is also fond of reminding people that his ultra-exclusive gated neighborhood neighbors include Usher and Major League Baseball player Chipper Jones.
Chrisley collaborated with Sara Evans on the country’s single “Infinite Love” in 2016, which peaked at #19 on the Billboard charts.
USA Network announced in August 2017 that it had ordered a half-hour after-show titled According to Chrisley. Todd Chrisley hosted the talk show, which featured Todd “address[ing] the truth about marriage, parenting, sex, and relationships.” Each episode also includes a Chrisley family member and a celebrity guest. On September 12, 2017, the show premiered. It was canceled following a single season.
Personal Life Of Todd Chrisley
Todd Chrisley was previously married to Teresa Terry until 1996. Lindsie and Kyle are their children. He married former beauty pageant queen Julie Hughes the same year he divorced Teresa. Savannah, Chase, and Grayson are their three children. Julie is Todd’s business partner and best friend. She is the daughter of a Baptist minister.
Todd Chrisley is a germaphobe who avoids exposure to dirt and animals.
Todd Chrisley Got Arrested In August 2019
Todd and Julie Chrisley were arrested in Atlanta on August 14, 2019, on a multi-count indictment. Between 2007 and 2012, the charges included tax evasion, wire fraud, bank fraud, and conspiracy. According to the indictment, the couple ran a scheme in which they defrauded banks of millions of dollars by providing false information. Additionally, they allegedly evaded federal tax obligations. Additionally, their accountant was charged. Todd and Julie claimed on social media that the illegal acts were committed by a former “trusted employee” who took money from the family and committed the crimes without their knowledge. They were compelled to appear in court and post unsecured appearance bonds totaling $100,000. Additionally, they were ordered to limit their travel to Atlanta and California to only when filming their television show.
Real Estate Of Todd Chrisley
Chrisley relocated his family to Nashville in 2015, where there are no state income taxes, and purchased a $1.6 million home. The Chrisleys spent $3.4 million in June 2019 on a home just outside of Nashville. They put the home on the market for $4.7 million less than two months later, despite their alleged financial crimes.
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