Joe Giudice net worth: Joe Giudice is an American reality television personality and entrepreneur who has a net worth of -$11 million. Joe Giudice is married to Teresa Giudice, one of the original cast members of the Bravo reality series The Real Housewives of New Jersey. Teresa and Joe met when they were in high school and today they have four daughters together. Joe is an entrepreneur who has owned a variety of businesses in New Jersey over the years. At one time Joe ran a construction company, laundromat and a pizza parlor. After living well beyond their means and using steep leverage to invest in real estate, in 2011 the Giudices found themselves deep in debt. They were eventually forced to file for bankruptcy. In their bankruptcy filing, Joe claimed to have negligible assets and more than $11 million worth of debt. Joe has had a number of run-ins with the law. He has been arrested for driving under the influence and for fraudulently obtaining a driver's license. Joe allegedly obtained a driver's license using his brother's identification papers after his own license was suspended. He faces a possible five year jail sentence and his trial starts in July 2013.
On July 30, 2013, both Joe and Teresa Giudice were indicted with 39 counts of conspiracy to commit mail fraud, bank fraud, wire fraud, bankruptcy fraud and making false statements on loan applications. Both Teresa and Joe face a maximum of 50 years in jail and Joe, who is not a US citizen, could be deported back to Italy. In the indictment, the government claims Joe and Teresa overstated their incomes to receive roughly $4.6 million in mortgages and lines of credit. They allegedly then under-stated their income and net worth while filing for bankruptcy protection.