Todd Chrisley is an interesting character. He’s a real estate tycoon whose had a lot of different financial ups and downs. He’s also the father starring in the reality television show “Chrisley Knows Best.” People love the drama and love to hate him for everything from his tendency towards hypochondria to his bad relationship with some of his children. In addition to real estate and reality TV, he makes money as a television producer, a singer, and more. What is Todd Chrisley’s net worth?
Who Is Todd Chrisley?
Todd Chrisley is just a human but he’s also larger than life. Perhaps that’s why he was approached to turn his life into a reality TV show. He was just living life, as a self-made millionaire in the real estate industry and head of a chaotic household. Country Living reports that production companies said his “crazy family” would make good TV, and that nine out of ten approached networks put in an offer for the show. Thus began “Chrisley Knows Best,” a reality television show that’s had nine seasons.
Todd Chrisley’s Families
You can’t separate the man from the family, because it’s the family drama that most intrigues the viewing public. Chrisley has three families: his family of origin, his first marriage with two kids, and his current marriage with 3+ kids.
Todd Chrisley’s Childhood
Todd is actually Chrisley’s middle name. His first name is Michael. He was born in 1969 in Georgia. We see his mother Nanny Faye on the family TV show regularly. In fact, some say she really makes the show. She had two other sons, but one of them died when he was only four months old. Todd’s brother has coped with cancer as well as a very public bitter divorce.
Todd Chrisley’s father died of cancer in 2012 and thus was never on the show but he and Nanny Faye were married until his death. His mother has had her own cancer scare, and his second wife has battled cancer as well.
Todd Chrisley’s First Marriage
When Todd was 21, he met his first wife, Teresa Terry, who is a couple of years younger than him. They married and had two children: Lindsie and Kyle. They divorced in 1996 amid allegations that he was physically and verbally abusive to her.
Todd has a notoriously challenging relationship with both children from this marriage. Last year when Lindsie ended her nine-year marriage, she took flak from Todd on social media, although the two weren’t speaking to each other. She reports that therapy has taught her that she just needs to set boundaries and this likely means not having a relationship with her father anymore. She used to be on the family’s television show but left several years ago amidst their seemingly irreconcilable differences.
Todd and Julie Chrisley
Todd is married to his wife Julie who stars on the show with him. Together, they have three children: Chase, Savannah, and Grayson. They also have full custody of Chloe, his son Kyle’s daughter. He and Kyle continue to have challenges getting along, drama that plays out frequently in the media. The world has watched Todd and Julie’s children grow up through their television show and on social media.
Two of Todd and Julie’s three children have their own spin-off show, “Growing Up Chrisley,” which launched in 2017.
Todd Chrisley’s Careers
These days, he’s primarily known as that drama dad from reality television, of course, but there’s more to Todd Chrisley than that. He started off as a real estate tycoon though which he made, and lost, millions of dollars. Some of his other endeavors include:
- Singing. He’s a recording artist who had a Billboard charting country song with Sara Evans back in 2016.
- Executive producer. He’s on both sides of the camera when it comes to reality TV ever since producing Netflix’s “Demarcus Family Rules,” which stars Rascal Flatts musician Jay Demarcus and his family.
- Podcast. Todd and Julie have a podcast called Chrisley Confessions. This launched in 2018.
Todd Chrisley’s Net Worth, Income and Financial Troubles
Todd Chrisley’s net worth is not straightforward. He has a lot of money coming in from his various endeavors. However, he also spends a lot of money. Fans of the show have seen exorbitant spending over the years, including a lot of money that Todd devotes to his personal health care. For example, a couple of years ago he rented a hyperbaric chamber to help maximize his health. Additionally, because much of his money is wrapped up in real estate, he naturally has issues with the ups and downs of that industry. And he’s also had tax woes over the years.
Todd Chrisley’s Financial Troubles
Country Living reports that in August 2012, Todd Chrisley filed for Chapter 7 bankruptcy. A real estate investment had gone bad and he was nearly $50 million in debt. Note that this was a couple of years before he became a reality television star.
In 2014, Todd Chrisley reported defaulted on a mortgage for his mother Nanny Faye’s home. The bank had started the foreclosure process, as he had missed over $30,000 in payments. However, that issue was ultimately resolved.
In 2017, he made headlines for income tax problems. He was accused of not filing state income taxes, thus facing charges of tax evasion exceeding $2 million. Eventually the state of Georgia settled with him for about $150,000.
Todd Chrisley’s Houses
Chrisley is involved in real estate for business. He also pays for his mother’s home. And then there’s his home. When the reality show first started, he and his family lived in Georgia, in a huge 30,000 square foot home. However, they eventually moved to Tennessee, where they downgraded. That said, their downgraded home still exceeds 10,000 square feet. They live large. Nicki Swift reports that Todd Chrisley once said that the family has been known to spend over $300,000 on clothing in one year alone.
Todd Chrisley’s Net Worth
So, Chrisley makes (and loses) money in real estate as well as through reality television, his other side jobs, and presumably some social media work. With all of that in mind, what is Todd Chrisley’s net worth?
As of 2020, Nicki Swift reported that wife Julie is worth about $3 million but that Todd Chrisley’s net worth is actually NEGATIVE $5 million. Wealthy Genius, Distractify, and Celebrity Net Worth all report that same amount as of 2021 and 2022 (depending on the source.)
Todd Chrisley might be the first celebrity net worth we’ve reported on that is actually in the negative!
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Kathryn Vercillo is a professional writer who loves to live a balanced life. She appreciates a good work-life balance. She enjoys balance in her relationships and has worked hard to learn how to balance her finances to allow for a balanced life overall. Although she’s only blonde some of the time, she’s always striving for total balance. She’s excited to share what she’s learned with you and to discover more together along the way. Learn more about her at www.kathrynvercillo.com.
