When it comes to the bankrupt millionaire, you will get Todd Chrisley in your mind. He is a popular American TV star who earned a good net fortune from his profession. But the reality star lost a lot of money and suffered from bankruptcy. Moreover, he is a billionaire and earned this fortune from his career. But, he is now having a huge debt of $49 million.
Besides all such problems, Todd is enjoying a lavish life as he is staying in a mansion worth $2 million. According to some reports, the TV actor used to spend a worth of $300,000 annually on family clothing itself. The reality star came into the spotlight after reporting about problems like divorces, controversies, and debts. Todd is not only a reality star but he is also a businessman.
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Todd Chrisley Early Life
Todd Chrisley was born on 6th April 1969. His birthplace is Georgia but he spent his childhood days in Westminster, South Carolina. He was born to Gene Raymond Chrisley and Faye Chrisley. His mother Faye is a great inspiration for Todd to succeed in his career. Todd’s father passed away on 11th July 2012. Todd has two siblings and they are Randy Chrisley and Derrick Chrisley. With his brothers, Todd lived in a small town. When he was a kid, he loved riding bicycles.
Coming to his educational background, it is not available. The businessman usually doesn’t share his personal life with the media. He always wants people to focus on his work but not on his personal life.
Relationship Status of Todd Chrisley
Todd Chrisley married almost two times in his life. He married Teresa Terry first with whom he has two kids. But there is no information regarding the love life of Teresa and Todd. Todd Chrisley’s kids are Kyle Chrisley and Lindsie Chrisley. After some time, the couple was not happy which led to a break up in their relationship.
Todd and Terry legally divorced in 1996. Then, Todd married Julie Chrisley on 25 May 1996. His second wife is a popular reality star and one can see her in the TV show. It was Todd’s reality show ‘Chrisley Knows Best’
With Julie, Todd has three kids. They are Campbell Grayson Chrisley, Chase Chrisley, and Savannah Chrisley. Savannah and Grayson are daughters and Chase is the son of Todd.
Todd is taking care of his granddaughter, Chloe. She is just 5 years old and was born to Todd’s first son, Kyle. Kyle has a girlfriend Angle Johnson and the couple has a kid, Chloe. But Kyle got addicted to drugs and thus, suffering from mental health.
His son Kyle does not like that her daughter was in Todd’s custody. So he accused him that he is a bankrupt, snake, and toxic man. Also, he added that his father gave custody to his daughter, Chloe to increase ratings of his reality TV show. Todd responded to his son’s allegations that they were false accusations and unfortunate.
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Is Todd Chrisley Gay?
Some controversies came out as Todd is gay. But it was all just controversies about Todd. As he has straight se*xuality and he loved his two wives in his past life.
Todd appeared in several reality shows. He gathered worldwide familiarity after starring in the TV series, ‘Chrisley Knows Best’. Additionally, he is the producer of the series. He used to appear in this series with his five kids and wife. Moreover, he is the patriarch of his family.
The reality star seems to be a strict father. He knows how to take care of his family. Before this reality show, Todd appeared in the American talk show, ‘The View’ in 1997.
One can also see him in the reality TV series ‘Steve Harvey’ in 2012. Then, in 2014 he appeared in his reality show finally. Moreover, the four seasons of the series are over. At present, the series is running its 5th season.
This is How Todd Chrisley Lost All of His Money?
Todd is the star of ‘Chrisley Knows Best’. Though he appeared in several reality shows, he gained popularity from his TV series, Chrisley Knows Best.
Chrisley became popular after being involved in a few controversies. The first thing is that he abused his first wife, Teresa Terry mentally and physically a lot. She even filed a case against him for domestic violence. Many fans even criticized him a lot for Teresa’s treatment. Thus, he became a huge part of the controversy after this case.
Additionally, Todd Chrisley caught up in one more controversy which is bankruptcy. In 2012, he filed for bankruptcy first. But he claimed that he has $4.2 million of assets and $50 million of loan.
Despite suffering from financial issues, Todd’s family is living a lavish life with extravagant clothes, luxury cars, and a 30,000 square feet Atlanta mansion. With this careless act towards financial issues, Todd and his wife were arrested many times. The main reason for getting arrested is tax evasion. The court asked them to appear many times. Additionally, they should pay $100,000 in bonds.
But the couple denied all such accusations. Also, they claimed that the former employee is the reason for such wrongdoings. Todd lost most of his money, as he loves a luxury lifestyle. Thus, the main reason for his loss is his lavish lifestyle.
Though Todd seems to be a successful person in his career, he filed for bankruptcy. Most of his investments flopped, due to which he lost most of his net worth.
As of now, Todd Chrisley’s net worth is around $5 million. But there is no information regarding his official salary.
To sum it up, Todd Chrisley is a popular personality who has lost most of his fortune in many investments. Though he lost most of his money, Todd is still living a lavish lifestyle.
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