Todd Chrisley's Net Worth May Drop Considerably After Tax Fraud Conviction

According to Celebrity Net Worth, Todd Chrisley’s net worth is now $1.5 million, but that might soon change.

In July 2022, Chrisley and his wife, Julie Chrisley, were found guilty of all charges in their fraud case. A 30-year prison sentence and huge penalties are on the table for the couple when they are sentenced soon, which may drastically alter their financial situations.

In 2012, Todd was the first to declare bankruptcy on his own behalf. He claimed to have $4.2 million in total assets and approximately $50 million in debt at that time, according to his statements. In addition, he claimed to have just $100 in cash and $55 in his bank account at the time of the robbery. His company went bankrupt the next year.

Todd Chrisley's Net Worth May Drop Considerably After Tax Fraud Conviction

Her net worth is $1.5 million as well. In addition, Chrisley Knows Best, the couple’s hugely popular program that debuted in 2014, supports their cause. Although the show’s future is in doubt following their guilty judgment.

On the other hand, the couple’s history came up with them, and they turned themselves in for tax evasion in August 2019. When they were accused of bank and wire fraud, tax evasion, and conspiracy two years earlier, their trial began.

It’s “very lucky to have the counsel we have and we’ll travel this path because the good Lord will guide us through,” Todd stated at the time.

Todd Chrisley's Net Worth May Drop Considerably After Tax Fraud Conviction

Todd and Julie had a great life prior to their guilty conviction. Todd and Sarah Evans collaborated on the 2016 hit “Infinite Love.” During that year, the song reached a high of No. 19 on the Billboard charts.

Savannah Chrisley, his eldest child, founded a clothing business called Faith Over Fear in 2017 and appears to be creating a reputation for herself as well. SavannahChrisleyxRampage was introduced two years after her first line, SavannahChrisley. A few months ago, she said on Instagram that her new film Rampage was “a call to action to live your truest, bravest and most magnificent life”.

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The Growing Up Chrisley actress is also passionate about the cosmetics sector in addition to fashion. Sassy Cosmetics, her new beauty collection, is set to debut just in time for the holidays. That excites us. I’ve been working on it for the last five years, and now it’s actually coming to fruition is so thrilling for me,” she exclusively told Life & Style.

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