Todd Chrisley Net Worth
|Net Worth:||$1.5 Million|
|Salary:||$250,000 Per Year|
|Real Name:||Michael Todd Chrisley|
|Date of Birth:||6th April 1969|
|Age:||53 years old|
|Height:||5 ft 10 in (1.8 m)|
|Profession:||Entrepreneur, Investor, Reality TV Star|
|Updated:||28th January 2023|
You probably know him through the famous USA Network reality series, “Chrisley Knows Best.” It’s a reality television series showing Todd Chrisley and his family going through their daily lives. A spin-off show mainly focuses on Todd Chrisley’s children, Savannah Chrisley and Chase Chrisley, “Growing Up Chrisley” premiered on 2nd April 2019.
The reality television star is also the owner of a now-defunct investment firm, “Chrisley Asset Management.” According to the courts, this firm has been on edge, struggling to keep up. However, this didn’t stop Todd Chrisley and his family from living a continuous lavish lifestyle.
What is Todd Chrisley Net Worth?
As of 2022, Todd Chrisley has a net worth of $1.5 million. He is the owner of “Chrisley Asset Management,” which later went bankrupt. Apart from being an excellent actor and producer, he also had another company called Chrisley & Company, involving retail, media, entertainment, and asset management.
Some of his successful acting and production include Sharknado 4: The 4th Awakens, Growing Up Chrisley, Steve Harvey Chrisley Knows Best, and The View. His ‘Chrisley Knows Best’ show is a reality television show mainly focusing on his family’s lifestyle and work.
However, despite being in the limelight and doing well, he faced a major financial crisis in 2008, leading to a huge loss in his budget. This is when Chrisley originally filed for bankruptcy, losing up to $49 million.
From 2015 to 2017, this TV reality show got the best docusoap NATPE’s Reality Breakthrough award. And he was nominated for the Best Unstructured Reality Series at the 22nd Critics’ Choice Awards in 2016.
Shockingly, in June 2022, Todd Chrisley and his wife, Julie Chrisley, were in the spotlight again. The court found them guilty of bank fraud and tax evasion charges involving fraudulent bank loans they took to maintain their lavish lifestyle.
Todd Chrisley Net Worth Growth by Year
After the 2008 bankruptcy case, Todd Chrisley’s net worth has been growing as he tries to keep his fame and push through the obstacles. Here is what has been his net worth growth in the past five years:
- 2018 – $0.8 Million
- 2019 – $1 Million
- 2020 – $1.6 Million
- 2021 – $1.9 Million
- 2022 – $2 Million
Who is Todd Chrisley?
Born in Georgia, United States, Michael Todd Chrisley is the son of Faye Chrisley and Gene Raymond Chrisley. He was born on 6th April 1969 and grew up in the South Carolina town of Westminster.
In 2012, his father passed on; he has two brothers, Derrick Chrisley and Randy Chrisley. However, his educational background remains a mystery as there isn’t much about his schooling or the course he studied in college.
Before his television reality series, Todd Chrisley started with his real estate empire. He later negotiated a contract with ‘Fannie Mae’ to allow him to buy and sell residences for a profit. And that’s how Chrisley Asset Management, an investment firm, was born.
The real estate mogul spends over $300,000 on his fashion; in 2017, the production budget for his show Chrisley Knows Best was estimated to cost $75 million. And in the same show, he makes approximately $10,000 per episode.
Apart from his famous reality TV shows, Todd Chrisley has also featured in several other Reality TV shows as a celebrity guest, including ‘Steve Harvey’ and ‘The Domenick Nati Show.’ His show: Chrisley Knows Best, portrays him as a demanding, harsh father who is strict regarding his children’s discipline.
In 2014, the show gained an average number of viewers of 1.16 million. According to Todd, ‘Chrisley Knows Best’ is filming its sixth season.
Todd Chrisley Bankruptcy
Todd Chrisley has faced two major bankruptcy cases that significantly affected his net worth. First, in 2012, his debt accumulated to almost $50 million, and Chrisley Asset Management’ filed for bankruptcy in 2013.
When he filed for bankruptcy, he had only $55 in his bank account and $4.2 million in assets. Todd has a luxurious mansion in Roswell, Georgia, where he lives with his family. The Atlanta mansion has a swimming pool, wine cellar, nine bedrooms, a home gym, and other luxurious amenities.
On top of that, Todd Chrisley completes his luxurious lifestyle with a garage of some fantastic cars. In his collection, he has an Audi, a Mercedes Benz, and a Range Rover, among others.
Fun Facts About Todd Chrisley
Apart from the limelight lifestyle, there are a few exciting things about Todd Chrisley that you probably didn’t know. Here are a few.
- Todd first married Teresa Terry, with whom they have two kids. However, they later divorced, and he married his current wife, Julie Chrisley.
- He once had a talk show called ‘According to Chrisley’ where he gave the public his opinion on relationships, parenting, and sex. However, the show was canned just after the first season.
- He may seem strict and harsh regarding his children’s discipline, but he isn’t a dictator.
- Most of his fortune comes from ‘Chrisley Knows Best.’ He is also grateful to the show because it managed to keep his family together as they worked through their problems.
- Todd Chrisley is the flashy type. His clothes alone cost up to $300,000, and he has a fleet of cars and a 30,000-square-foot mansion.
- In 2016 he released a single,’ Infinite Love,’ with which he collaborated with Nashville congress Sara Evans. The song climbed to #39 on the Billboard charts.
What’s Next for Todd Chrisley?
After Todd and Julie were found guilty by the Atlanta federal jury, their lawyer was adamant that they would win an appeal. As a result, they were released on bond. However, according to different sources, their sentencing will be on 6th October 2022. Still, their lawyers are trying to find any mitigation material to present to the judge to convince him to lower the sentence.
Todd Chrisley FAQs
What is Todd Chrisley famous for?
He’s an American businessman, entrepreneur, and the famous reality Tv series ‘Chrisley Knows Best’ star.
What did Todd Chrisley do wrong?
Todd and Julie Chrisley were accused of tax evasion and bank fraud. They were found guilty by the Justice Department; they face up to 30 years imprisonment. Their accountant was also guilty of some tax crimes.
How many kids does Todd Chrisley have?
The American businessman has five children, two with his ex-wife and three with his current wife. In addition, he also has two grandchildren.
What is Todd Chrisley’s net within 2022?
The famous reality star’s estimated net worth is $1.5 million as of 2022. Although the celebrity and his wife, Julie Hughes, face up to 30 years imprisonment, there is hope they could rekindle their financial history.
Todd Chrisley FAQs
What is Todd Chrisley Net Worth?
Todd Chrisley net worth is currently $1.5 million USD.
How much money does Todd Chrisley earn?
Todd Chrisley earns $250,000 per year from various sources.
How tall is Todd Chrisley?
Todd Chrisley is 5 ft 10 in (1.8 m)
How old is Todd Chrisley?
Todd Chrisley is currently 53 years old.
When is Todd Chrisley birthday?
Todd Chrisley birthday is on 6th April.