Todd Chrisley and his family have been streaming their life on a reality show since 2014.
They’ve got their popularity from this reality show called Chrisley Knows Best, and their fan base has been watching their show for all these years.
The show has been talking about the lives of the Chrisley family, bringing laughs to everyone watching it since it started to air.
Todd Chrisley is the father of the family and one of the show’s most popular figures.
Even though many people know Todd Chrisley from the show, he also does other stuff and earns some of his living there.
He and his wife have also been a part of controversies surrounding some illegal activities this past year, and they were sentenced to prison.
Let’s learn about what Todd Chrisley does for a living and his net worth.
What does Todd Chrisley do for a living?
Todd Chrisley might be famous for his reality show, and his family lives through this show, but his profession is not just that.
He is a man of many professions, and he has a variety of income streams.
He started doing most of them before his reality show hit television. He is an entrepreneur, businessman, realtor, and producer.
In addition, he also had a time when he declared bankruptcy in 2012, two years before his show aired. He declared a chapter 7 bankruptcy with about $50 million in debt.
Todd Chrisley’s first endeavor in business life is real estate. He started buying properties to become a real estate investor.
He also invested in some asset management companies that deal with real estate.
That’s where he made most of his money until 2008, when the housing crisis struck.
This housing crisis demolished his efforts in real estate investment and forced him to go bankrupt.
He moved to Nashville in 2015 and bought a house for $1.6 million. He also bought another house in Nashville for $3.4 million in 2019.
Then he put the house back on the market two months after the purchase after being accused of financial crimes.
Investment Management Company
During his real estate investment times, he initially started a real estate investment management company in 2002 called Chrisley Asset Management.
Even though this company did work for a while, at least until the 2008 housing crisis, it had to shut down because of financial troubles.
According to the company’s financial reports, the company had massive debt and not enough assets to cover this debt.
This was also one of the reasons why Todd Chrisley had to declare bankruptcy in 2012.
Perhaps the most successful work he’s done in his professional career is the producing one that started somewhere in 2014 with Chrisley Knows Best reality show.
As of the end of 2022, the show has nine seasons and about 200 episodes, and it’s planned to continue.
He also has other productions, including the “Demarcus Family Rules” that launched on Netflix.
He is also the producer of many spinoffs of “Chrisley Knows Best.” These spinoffs include “Chrisley Knows Thanksgiving,” “Growing Up Chrisley,” and “According to Chrisley.”
His producing career mostly focuses on reality shows and revolves around his family.
Apart from the reality shows, he also has a podcast with his wife called “Chrisley Confessions.”
According to the podcast description, on different platforms, they interact with their viewers through voicemails and offer them advice, suggestions, and opinions.
Todd might be a producer, investor, and entrepreneur, but he also did some other stuff for a short period of time in his professional career in the entertainment department.
He tried to get involved with the music industry with a duet. He made a duet with Sara Evans called “Infinite Love.”
Additionally, Todd also played in a movie called “Sharknado 4.” He played a fictional version of himself as an actor there. SYFY made it an action, adventure, and comedy movie.
Todd Chrisley’s Net Worth
As per the latest figures, the American reality star and businessman Todd Chrisley has a net worth of $1.5 million.
Most of his net worth comes from his reality show, “Chrisley Knows Best.” His spinoffs, other shows, and real estate contribute very little to his overall net worth.
Todd Chrisley’s annual income is about $300,000 in addition to his current net worth.
Todd Chrisley’s Personal Life
Todd Chrisley is a trendy man in the middle of many controversies.
Ever since the start of his reality show, people have been criticizing his income sources, how he can afford to live such as a rich life, and many other aspects.
He is married to Julie Chrisley and has had three children with her. He also has two other children from his first marriage with Teressa Terry.
His children are Lindsie, Kyle, Savannah, Grayson, and Chase. His ex-wife Teressa mentioned that Todd was abusive throughout their marriage, but Todd denied all these claims in court.
According to the reports, when he declared bankruptcy in 2012, he had only $4.2 million in assets but about $50 million in debt.
During the bankruptcy filings, the court discovered that his wife Julie constantly received funds from Todd’s old company, Chrisley Asset Management.
The trending story about Todd Chrisley nowadays is his court proceedings that finalized the sentence of Todd and Julie Chrisley.
They were sentenced to 12 years for fraud and tax evasion charges in November 2022.
It was discovered that both Todd and Julie scammed the banks for tens of millions of dollars and evaded paying taxes.
The charges state that the Chrisley family obtained about $36 million of personal loans from banks by submitting incorrect bank statements and audit reports. And they also failed to pay their tax returns from 2013 to 2016.
Combining bank fraud and tax evasion, the court ordered them to serve prison time, which immediately hit the headlines.
Todd Chrisley is a viral reality TV star and a businessman with five kids from two different marriages.
He invested in real estate and had to declare bankruptcy sometime during his business journey.
Later, he started his reality show called “Chrisley Knows Best, ” where he got famous.
He has sat in the middle of many critiques since he became famous. These critiques were mostly about their extravagant lifestyle with his wife.
In addition, he recently got convicted because of tax evasion and bank fraud, which gave him and his wife a 12-year sentence.
Shefali Jain is a Content Writer & Editor at USWorkforce.org
After completing her graduation in hospitality, Shefali decided to follow her passion and started writing. Shefali has been writing for two years now and contributes to our website as a skilled editor and content writer with strong research skills. Writing product and service reviews, biographies, and book reviews are some of her key areas, among many others in which she specializes. In her time at the organization, she has written and edited content on a range of topics, including employment law, human resources, and business management.