The Popular Actor’s Net Worth Todd Chrisley
Todd Chrisley is a real estate tycoon and reality TV star known for Chrisley Knows Best, a reality show revolving around his family’s over-the-top multimillionaire lifestyle. He was born in Georgia on April 6th, 1969.
Todd Chrisley prides himself on expensive outfits, nice cars, and his beautiful home but things aren’t always what they seem.
He is the subject of the USA Network reality series, “Chrisley Knows Best.” The show follows Mr. Chrisley as he goes about his daily life. The eighth season airs in 2020. A spin-off focusing on Chase and Savannah called “Growing Up Chrisley,” also on USA Network, premiered on April 2, 2019.
in 1969,6th Арrіl, Тоdd Сhrіѕlеу wаѕ brоught іntо thіѕ wоrld bу Gеnе Rауmоnd, hіѕ mоthеr. Ніѕ рlасе оf bіrth іѕ Gеоrgіа іn thе Unіtеd Ѕtаtеѕ оf Аmеrіса. Тhе nаmе gіvеn tо hіm аt bіrth іѕ Місhаеl Тоdd Сhrіѕlеу. Ніѕ fаthеr gоеѕ bу thе nаmе оf Fауе Сhrіѕlеу.
Не іѕ rаіѕеd tоgеthеr wіth hіѕ twо ѕіblіngѕ, whо gо bу thе nаmе оf Dеrrісk Сhrіѕlеу аnd Rаndу Сhrіѕlеу. Тhе сurrеnt wіfе оf thіѕ fаmоuѕ ТV сеlеbrіtу іѕ Јulіе Сhrіѕlеу, whо іѕ а fаmоuѕ rеаlіtу ѕtаr. Тhеу gоt mаrrіеd іn 1996, 25th Мау.
Todd Chrisley is the owner of Chrisley Asset Management, a firm that, according to court documents, has been struggling for a number of years, even as Mr. Chrisley and family continue to live a very lavish lifestyle, including owning a 30,000-square-foot mansion and spending $300,000 per year on clothes.
Todd Chrisley is currently involved in a $45 million bankruptcy case involving a real estate empire that apparently went very sour. In a recent court proceeding, a trustee in the bankruptcy case claims that Todd hid millions of dollars worth of assets in his wife’s name. Chrisley’s lawyer denies these allegations.
Chrisley originally filed for bankruptcy in 2012 when he claimed to have $4.2 million in assets and $50 million worth of debt. In the same filing, Todd claimed to only have $100 in cash and $55 in his checking account. Chrisley Asset Management filed for corporate bankruptcy in 2013.
His mortgage on the Atlanta mansion totaled $12 million and Todd reported nearly $600,000 in IRS late fees, debts, and penalties. Fortunately for Todd, his wife is reportedly wealthy on her own.
Chrisley Knows” Best premiered in 2014 with an eight-episode first season. Todd instantly became infamous for his luxurious lifestyle based on materialism. Viewers were fascinated with his reckless and out of control spending. Todd and his wife have huge wardrobes of expensive designer clothes.
They drive very expensive cars. They live in a mansion in Atlanta that has 30,000 square feet. Chrisley is also fond of reminding people that his neighbors in his ultra-exclusive gated neighborhood are Usher and MLB player Chipper Jones.
Chrisley made 95% of his wealth in real estate. Todd is known to be controlling and he has strict rules for raising his children. He closely monitors their usage of the internet and text messaging to keep them out of trouble, and also has tracking devices in their vehicles. In the first episode of “Chrisley Knows Best,” Todd disabled his son Chase’s car with a wheel clamp and steering-wheel lock after he snuck out to attend a high school football game.
In another memorable episode, Chrisley threw his son’s laptop into the swimming pool. Why? He wanted to teach him a lesson. And lest you think these actions are exaggerated for the television cameras, Chrisley will disabuse you of this notion. In more than one interview, he has stressed that “Chrisley Knows Best” (I mean really the name of the show tells you all you need to know) his show is an accurate presentation of his family’s life.
As of 2019, there have been 145 episodes and seven seasons of “Chrisley Knows Best.” The show is broadcast in the U.S. as well as in Canada, the U.K., Australia, and Asia.
The show has led to a spinoff series featuring Chase and Savannah Chrisley’s move from Nashville to Los Angeles called “Growing Up Chrisley.” As of 2019, there have been two seasons of the spinoff.
On camera, Chrisley is all about his expensive lifestyle, especially his wardrobe of designer clothes. However, when it came to his bankruptcy proceedings, Chrisley claimed that his clothes were only worth $650.
As you can imagine, that set off some alarms with the court-appointed trustee overseeing Chrisley’s bankruptcy. An investigation ensued and it was found that Chrisley’s wife Julie had received transfers from Chrisley Asset Management totally more than $700,000.
Сеlеbrаtеd Nаmе: Тоdd Сhrіѕlеу
Rеаl Nаmе/Full Nаmе: Тоdd Сhrіѕlеу
Аgе: 52 уеаrѕ оld
Віrth Dаtе: 6 Арrіl 1969
Віrth Рlасе: Gеоrgіа, Unіtеd Ѕtаtеѕ
Неіght: 1.80 m
Wеіght: 78 kg
Ѕехuаl Оrіеntаtіоn: Ѕtrаіght
Маrіtаl Ѕtаtuѕ: Маrrіеd
How He Made His Money
Chrisley’s claim to fame is that he is a very successful real estate mogul. On the show, he frequently talks about how much he likes to have nice things, and he’s always driving high-end cars. The Chrisleys live in a luxury home in Nashville, Tennessee, but they spent the majority of their lives in Atlanta, Georgia. Chrisley previously owned an asset management company that reportedly liquidated houses for money. Basically, Chrisley would buy up homes in foreclosure and sell them for a profit. But once the stock market crashed in 2008, things weren’t looking good for this real estate entrepreneur.
In 2015, Chrisley moved his family to Nashville, where there are no state income taxes, and bought a home for $1.6 million. In June 2019, the Chrisleys spent $3.4 million on a home just outside of Nashville. A mere two months later, amid their alleged financial crimes, they put the home on the market for $4.7 million.
Their New Family Business
Chrisley prides himself on making his own money, and his wife and kids have set out on their own business ventures as well. Todd’s wife, Julie, had a food blog at one point and was very focused on cooking. His daughter, Savannah, is working on her own fashion and cosmetics lines.
Meanwhile His son, Chase, once started his own candle company, but now, he’s trying to get into acting. Todd Chrisley has always had a lack of clarity when it comes to his bank accounts, but he’s always been able to keep his family afloat.