Beside Todd Chrisley successful career, his net worth is also mostly talked about. And today, we are going to talk about Todd Chrisley's success story including his net worth and source of income. Keep scrolling:
Looking at the personality of a Todd Chrisley we can assume that he owns a huge amount of net worth. You will not believe that being a businessman Todd Chrisley has a net worth of negative 5 million dollars.
Yes, you heard it right. Involving a real estate empire, Todd Chrisley is currently engaged in a $45 million bankruptcy case concerning a real estate empire. In a recent court proceeding, he was accused of hiding asset of millions of dollars in his wife's name, but Todd lawyer refused these charges.
Later on in 2012, Todd filed for bankruptcy when he insisted on having $4.2 million in assets and $50 million as a debt amount. Also, Chrisley was claimed to have only $100 in cash and $55 in his account.
Moreover, Chrisley has associated with $75 million production deal, and it is sure to contribute a lot to his net worth.
His contract on the Atlanta mansion figured $12 million and Todd reported nearly $600,000 in penalties, debts and IRS late fees. Luckily he had his wife by his side at that time.
Todd Chrisley is the owner of Chrisley Asset Management and is fighting for some years. Todd and his family live a very extravagant lifestyle, on a 30,000 square foot mansion and spending more than $300 thousand on clothes per year.
He is the head of the new reality series, "Chrisley Knows Best," airing on USA beginning 11th March 2014. The show follows Mr. Chrisley as he goes about his daily life. Moreover, Todd Chrisley's son has sensationally claimed his father is gay but is hiding the truth from his family.
Rumors regarding his sexuality have long been the subject of speculation. It has made several buzzes in the headlines whether Chrisley's sexuality is gay or straight. But his son, Kyle, 23, who is now estranged from him, says he believes the 46-year-old star of Chrisley Knows Best is lying.