Todd Chrisley Net Worth
Todd Chrisley net worth: Todd Chrisley is an American businessman and reality television personality who has a net worth of negative $5 million dollars. Todd Chrisley was born in Georgia, and grew up in Westminster, South Carolina. He went on to marry and moved with his family to Atlanta, Georgia, where he is now based. He is the owner of Chrisley Asset Management, a firm that, according to court documents, has been struggling for a number of years, even as Mr. Chrisley and family continue to live a very lavish lifestyle, including owning a 30,000 square foot mansion and spending $300 thousand dollars per year on clothes. He is the subject of the new reality series, "Chrisley Knows Best", airing on USA beginning March 11, 2014. The show follows Mr. Chrisley as he goes about his daily life. The USA Network is very optimistic about the program, largely because of Todd Chrisley's larger-than-life personality, sharp tongue, and non-traditional parenting style. Todd Chrisley is currently involved in a $45 million bankruptcy case involving a real estate empire that apparently went very sour. In an recent court proceeding, a trustee in the bankruptcy case claims that Todd hid millions of dollars worth of assets in his wife's name. Chrisley's lawyer denies these allegations. Chrisley originally filed for bankruptcy in 2012 when he claimed to have $4.2 million in assets and $50 million worth of debt. In the same filing, Todd claimed to only have $100 in cash and $55 in his checking account. His mortgage on the Atlanta mansion totaled $12 million and Todd reported nearly $600,000 in IRS late fees, debts and penalties. Fortunately for Todd, his wife is independently wealthy.