Aug. 16, 2011 -- Russell Armstrong was more than $1.5 million in debt and spending wildly before his apparent suicide, his lawyer told ABCNews.com today. He met her future wife, venture capitalist Armstrong when waiting to be seated at a small Beverly Hills restaurant. The couple divorced in 2017. The exact amount of his income is unknown. Sadly, since departing the show in 2014, the former reality star has struggled considerably in her personal life. Inside 'Real Housewives' Star Taylor Armstrong's Lawsuit Settlement Taylor is returning to the franchise with the latest series The Real Housewives Ultimate Girls Trip. Text. If you or anyone you know is struggling with addiction issues, help is available. Russell would also convince Wiltgen to invest more money in MyMedicalRecords Australia, at the time a licensed off-shoot of MMR. Nowadays, Lance's net worth is believed to be anywhere between $50 million and $75 million. Notably, she famously came from nothing, raised by a single mother in Atlanta (as detailed in her New York Times bestselling memoir), so if anybody understands the value of money it's Ms. Erika Jayne. However, his business ventures werent quite as successful as he would have hoped for, which led to his bankruptcy in 2005, when he was unable to pay a credit bill of almost $50,000. There is no public information about Russells early life and education. Russell developed a reputation as a liar and a thief. Both only lasted one season, with Bravo head honcho Andy Cohen noting during an episode of "Watch What Happens Live"that the duo's lack of a connection to the rest of the cast made it harder for them to fit in with the group. He claims to have no more than $50,000 in assets and up to $10 million in debt at the time. Most of his initial $100,000 investment went to Uber, which at the time he purchased it, was worth under $4 million. Romper notes that Sassoon inherited a pretty penny when her father passed away in 2012, as well as netting a significant amount in her divorce from ex Tommy DeVito, the president and founder of Native Pictures LLC. They came to me and said, We are going to buy it, Philip. They will reportedly hire a private investigator to investigate the circumstances surrounding his death. The woman was uniquely different from her fellow cast members thanks to a vocal interest in practicing the Wiccan religion, her spookier fashion sense, and, of course, Carlton's luxuriously Gothic mansion, which later sold for $13.9 million. We can all pitch in to help out others who may be suffering and help save lives. She also runs her own chic boutique, as fans of the show can attest. Cohen seemed to concede, remarking, "Housewives is a show that the longer you're on it, the more you make is the bottom line.". She also reportedly owed almost $50,000 to a Malibu boarding house where she keeps her horse. Everyone likes to know about celebrities and their life. He later married Armstrong and adopted her daughter. The first season of the show is available to stream on Peacock and contains eight episodes. The grotesque 'Real Housewives of Beverly Hills' season premiere It's been nearly eight years since Taylor Armstrong 's husband, Russell Armstrong, died by suicide in August 2011, and The Real Housewives of Beverly Hills alum has said keeping her late. Throughout the show, Taylor's marriage to Russell was a hot topic amongst the women of Beverly Hills. In the more recent MyMedicalRecords.com deal, Russell again left a business partnership under a cloud of missing money. 6 Tim Armstrong - Net Worth: $13 Million Tim Armstrong is best known for his work in Rancid with fellow list-maker Lars Fredriksen. When Garcelle Beauvais joined "RHOBH" in its 10th season, the show had just lost fan fave Lisa Vanderpump. After all, this came to light, Russell committed suicide. My strengths in writing are that Im very confident about sharing my opinion and I think I can bring a different viewpoint on topics especially when it comes to writing on Showbiz and celebrities. They were telling people I was their designer but they never signed the contract I sent them. They often drank too much -- including at parties they attended for the sake of the show -- and Armstrong sometimes had to physically restrain his wife, Richards said. Lorsch said that on that evening he went to the Polo Lounge in Beverly Hills to meet an out-of-town MMR investor who had put $1 million into the company. Then in 2011, he was charged with alleged misappropriation of funds, the details of which are somewhat vague, but certainly didnt help him. He died by suicide on August 15, 2011, in Los Angeles, California. Variety asked the show's first Black cast member whether the two women are paid the same for taking part, to which Beauvais quipped,"I don't know. "Money is freedom. 'RHOBH' Star Kyle Richards Just Sold Her Mansion for Legit *Millions* The estranged husband of The Real Housewives of Beverly Hills matron Taylor Armstrong was found dead. Also, it provides background on the events leading up to his death. Saint Camille of Grammer sadly no longer graces us with her holy presence as a regular cast-member, drifting in and out of the action, dropping nuggets of wisdom before floating away. She is also a successful businesswoman in her own right. Russell spoke out about the negative impact the show had on their lives. He never recovered, and staying out late for the show hurt his business, Richards said. There's some disparity about how much she's actually worth, with Born Rich claiming $2 million and Celebrity Net Worth putting the figure much lower, at $400,000. Your email address will not be published. Kung Minkoff's"Real Housewives"career only began in 2021, but clearly the busy wife, mother, and businesswoman is going to fit in just fine with the lavish Beverly Hills set. He never thought it would be good for the relationship, Richards added. Although she's apparently moved on from "Real Housewives," Glanville teased a comeback in December 2018 in an interview with Life and Style. Fans of another hit Bravo show, "Vanderpump Rules," will know the philanthropic Brit owns a hit night spot called SUR (sexy unique restaurant really) in West Hollywood, along with several other local businesses. . John and Taylor married in 2014, three years after Russell's passing. The sixth installment in the networks The Real Housewives franchise production for the Evolution Media series began in March 2010. His family later moved from Kansas to Tulsa, Oklahoma, where Armstrong was a cheerleader at Union High School. They said Russell's death was "heartbreaking," that they never saw "any sign of this," and Kim offered generously that Taylor "wasn't aware of the financial mess [Russell] was in." Kyle added . Though Russell later told People magazine, This show has literally pushed us to the limit, in the early days of The Real Housewives, Russell told Franks and other friends that the show was going to catapult him and Taylor into even more multimillion-dollar deals.