He and his wife are famous for owning luxurious cars and clothes. Chrisley’s family never forgets to remind their fans that they have a big mansion, and their neighbors are Usher and Chipper Jones. Todd’s family is as interesting as him. People who watched his show “Chrisley Knows Best” liked how Todd handles and manages his family. His family itself is mixed with lots of complications. Todd’s wife Julie owns a cooking show, “Cooking with Julie Chrisley”. His son Kyle Chrisley is suffering from Bipolar disorder. However, many users claim that the Chrisley family is airing the show to gain sympathy about the legal battles going against them. The 51-year-old real estate tycoon and TV star was a very like man until his loved ones ditched him. No matter in what position he is right now, he has no doubt earned a lot for himself. He earned every inch of his net worth with very hard work. His career was wrecked after he was allegedly bankrupted two times. Right now, he is at the lowest of his career and everything he earned with his hard work is now drowned. Read below to know what the current status of Todd Chrisley’s net worth is.
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Todd Chrisley Net Worth
Todd Chrisley’s net worth in 2021 is -$5million. However, there was a time when his net worth reached $50 million, but bankruptcy has thrown his net worth on the ground. As the year passed, his net worth has now reached -$5million. Now the question arises how and why Todd’s net worth is continuously dropping up? Todd was trapped in 2 bankruptcy cases and various other legal cases that damaged his image. In an episode of “Chrisley knows best”, Todd revealed that most of his net worth comes from real estate. He had a brain in real estate and grew his net worth every year. Todd’s family show was loved by a huge amount of viewers. He earned most of his net worth during the period of the 2000s and early 2010s. There was a time when his firm, “Chrisley Asset Management” was on top. His first bankruptcy case came forward in 2012. However, it was resolved but Todd paid $150,000 for it. But the bankruptcy case in 2019 took away every inch of Todd’s wealth. During that year, Todd, Julie, and their accountant Peter were together charged for band and wire fraud. They were even charged with conspiracy to defraud the United States. The ongoing battle can even land each of them in jail for 30 years. However, the couple claimed that their ex-employee had conspired against them. Todd in an Instagram post, explained that a former employee forged legal documents under his name. He revealed that they took the guy to court, and due to vengeance he did every illegal work under Todd’s name. Until they had a chance to explain, the case was lodged against the couple.
Todd Chrisley’s past
He was first married to his high school love, Teresa Terry. They share two kids, Kyle Chrisley and Lindsey Chrisley. However, they filed for divorce in 1994, and finally, their marriage was dissolved in 1996. After that, Todd married Julie, his current wife. Later on, Teresa revealed that Todd has abused her physically. She did not even stop here and went on to file a case against him. Eventually, the case was dropped, and she moved on with her new partner.
Todd and Julie share three children, Chase, Savannah, and Grayson. It is said that Todd is close to his children from Julie, but his relationship with his children from his first wife is shattered. As Todd is bankrupted, fortunately, it is his wife who has achieved something on her own.