Grab all the Details Regarding Todd Chrisley.
Todd Chrisley is a famous face in the USA Network reality series, Chrisley Knows Best. Besides working in the reality show, he is also a real estate mogul and aspiring fashion icon. The reality is based on the lives of Chrisley and his Christian family.
The real-estate mogul is a self-made millionaire, and his life has been surrounded by a nasty divorce, financial troubles, and lots of controversies. If you want to learn more about Todd, then let's proceed to it.
Todd Chrisley was born Micheal Todd Chrisley on 6th April 1969 in Georgia and spent most of his childhood in Westminster, South Carolina. His parent's father, Gene Raymond Chrisley, and mother, Faye Chrisley, have been a big inspiration in his life.
Todd, 52, grew alongside his two brothers, Randy Chrisley and Derrick Chrisley. They lived a simple, small-town life and were fascinated by riding bicycles when they were kids. Unfortunately, his father passed away on 11th July 2012.
Todd Chrisley with his second wife Julie Chrisley.
Photo Source: Instagram
Though not much is known about his education, Todd claims to have built his successful life from scratch. He achieved what he has through his hard work.
Before his influential Media Career, he invested in Real estate and signed a contract with 'Fannie Mae' that enabled him to flip distressed houses and resell them at a profit. He also ran his own business, Chrisley & Company, that invested in retail, asset management, media, and entertainment. He was making a fortune from his businesses from an early age.
In 2008, Chrisley Asset management (CAM) made a significant real estate investment that flopped when the housing market collapsed. Todd was left unable to pay the $30 million loan he had guaranteed – forcing him into bankruptcy.
The 52-years-old Todd Chrisley had two marriages, and from the marriage, he has five children. His first marriage was with his ex-wife Teresa Terry who he married when he was 21 years old, and Teresa was only 19 when they had their first child.
Todd Chrisley with his Family members.
Photo Source: Instagram
In their entire marriage, they had two children, Lindsie Chrisley and Kyle Chrisley. However, in 1996 the couple got divorced. According to his ex-wife Terry, Todd had been physically and verbally abusive throughout their marriage and leaving them with no other alternative but to take different paths.
After separation from his first wife, Todd married his second and current wife, Julie Chrisley, on 25th May 1996. The couple has two daughters Savannah Chrisley and Grayson Chrisley, and one son, Chase Chrisley.
Todd has full custody of his granddaughter, Chloe, who is aged 5. She is the daughter of his eldest son, Kyle, with his girlfriend, Angle Johnson. Kyle has struggled with drug addiction which has affected his mental health.
Todd's business investment went sideways, left him on a hook for $30M, $12M mortgages, and a $4.4M loan from his wife. However, In August 2012, he filed a petition for Chapter 7 Bankruptcy protection.
Todd Chrisley filed for Bankruptcy Protection in 2012.
Photo Source: Bio Gossipy
He claimed to have a mere $100 cash, $55 in his bank account, $4.2 million assets, and a staggering debt of almost $49 million. Julie Chrisley received over $700,000 in transfers from CAM corporate accounts discovered during the bankruptcy proceedings. Julie, who has an estimated net worth of $3M, reportedly funds the family after the bankruptcy.
You May Also Like: Who is Katherine Carttar? Know About her Lifestyle
In 2015 court finally settled the case which Todd confirmed to Radar Online that his patient had been discharged and that they were in a good place financially and psychologically.
Todd seems to be having a successful career with an attractive salary. He would have otherwise been in a good financial position if his investment had not flopped.
Todd Chrisley has a negative $5 million Net Worth.
Photo Source: Dirt
As noted by Celebrity Net Worth due to bankruptcy, his net worth down to a negative $5 million. Todd Chrisley had $44 million worth of fortune; however, he has a debt of $49 million which makes things different.
If you want to know about your favorite celebrity, stay tuned to Idol Person.