Todd Chrisley is an entrepreneur, an American-based businessman, and a riveting television personality who is now convicted of fraud and tax evasion.
Julie Chrisley, his wife, and Todd are convicted of their crime and the verdict has been ruled that the couple would serve twelve and seven years under bars.
People are more curious to know about Todd Chrisley net worth and more details about this culprit aka once-businessman. Let us have a deep look at his life.
Todd Chrisley Early Life
Todd Chrisley is undeniably a self-made person and he built an empire of his own from nowhere and gained fame and recognition worldwide. But now things have turned pretty nasty and he had the deserving life under bars for the crimes that he had committed.
Todd Chrisley was born on April 6, 1969, in Georgia and brought up in Westminister, South Carolina. He was born to Gene Raymond Chrisley and Faye Chrisley. He has two brothers named Derrick Chrisley and Randy Chrisley. Much-needed information regarding his early life, and his education, is unknown.
Todd Chrisley Net Worth
Todd Chrisley’s claim to fame and recognition is his USA Network reality series, named Chrisley Knows Best. so the show was successful and it entails the daily life of Todd Chrisley and his family.
Apart from being a television personality, he had his business ventures. Todd Chrisley net worth was estimated at $1.5 million before he was convicted.
Moreover, the show had a spin-off that predominantly focused on Todd’s children Chase and Savannah and it was titled Growing Up Chrisley.
Todd Chrisley’s Professional Life
Todd Chrisley has tried his luck in various professions to ensure an extravagant life for himself and for his family. And his struggles to make his family’s wealth increase tremendously finally yielded the fruits and he made his dream come true by achieving massive wealth.
Todd Chrisley was into the real estate sector and he invested in the Executive Asset Management LLC Company initially back in 2004. Later in 2008, the company collapsed to the floor miserably and left the venture of default of $49 million, and this made Todd file for bankruptcy.
So in a nutshell, Todd Chrisley is a real estate businessman, an entrepreneur, an television personality, a host, and a TV producer simultaneously. Moreover, Todd is the founder of Chrisley Asset Management, a real estate management company, but his entire professional life in the real estate field has been stuck during the financial crisis.
His own television show named Chrisley Knows Best premiered back in 2014 and it consisted of eight episodes in its first season. After entering the television field, Todd instantly rose to infamous for his luxurious lifestyle that showcased a materialistic life altogether.
The viewers of the show were indeed shocked to see how they were living and it was so jaw-dropping to see their relentless and reckless spending of money. Todd’s wife Julie Chrisley had a massive wardrobe collection that is crammed with different hues of designer clothes.
Moreover, they have multiple luxurious cars and live in an enormous mansion that spans 30,000 square feet situated in Atlanta.
He also brags about his neighbors, Usher and MLB player Chipper Jones, he always talks about his ultra-executive gated neighborhood and he is so fond of reminding his viewers about it frequently.
Todd Chrisley in the show or in real life is a strict dad and he follows stringent rules in raising his kids. So people were so pleased to watch this show and Todd Chrisley and his family got nationwide recognition.
Todd Chrisley’s Personal Life
Todd Chrisley was born on April 6, 1969, and he is at his fifty-three years old. He had a small family along with his parents, Gene Raymond Chrisley and Faye Chrisley, and two brothers.
Toddy Chrisley was married earlier to his high school sweetheart named Teresa Terry and they share two children in their relationship. But back in 1996, the pair got divorced and Todd decided to remarry Julie Chrisley, and they both were blessed enough to have three children: Grayson, Savannah, and Chase.
Arrest and Conviction
It was a bit unfortunate, that Todd Chrisley and his wife had to live under bars for long years for the crime they have committed. In recent years, Todd and his wife Julie earned money that was not worth enough because it was not earned in the right way.
They had welcomed infamy and now as they have been convicted of a crime, the couple is sentenced to seven and twelve years in prison.
Back in 2019, Todd, his wife Julie, and an accountant were summoned on wire fraud and tax charges. And at that time the Chrisleys were accused of amounting to $36 million for defrauding and making fabricated false statements and absolutely fake audits.
And after that, they used the amount to fund an extremely extravagant life and tried to evade taxes. Success and Hard work only pay off. Here making money in a manipulative way is far away from being forgiven and now they have to acclimate to what is called fate. As we all know the proverb, ‘As you sow, so you reap, now the Chrisleys had to face the consequences of it.
As per sources, Todd and his wife Julie Chrisley spent a huge share of his wealth on luxury cars, ravishing designer clothes, real estate, and travel.
They were so cunning that they used new fraudulent loans to pay back their old ones and when there spent most of the money they would file for bankruptcy and walk away from more than $20 million, a huge money obtained in a distorted way.
As per sources, the trial began in late 2022, May and the whole trial lasted for six weeks. So Todd and Julie were convicted for their crime in June 2022. Todd Chrisley was convicted for long twelve years in prison and his wife Julie for seven years on November 21, 2022.
While sentencing both of them, the prosecutors described them as “The Chrisleys have built an empire based on the lie that their wealth came from dedication and hard work. The jury’s unanimous verdict sets the record straight.
Todd and Julie Chrisley are career swindlers who have made a living by jumping from one fraud scheme to another, lying to banks, stiffing vendors, and evading taxes at every corner”.