Net Worth: $1 Million
- Source of Wealth Investment banker, Reality TV personality
- Nationality United States
American investment banker and venture capitalist, Russell Armstrong, had an estimated net worth of -$1 million. Russell Armstrong earned his wealth through business ventures in over 200 companies; he also served as the Founding Managing Director of Crescent Financial Partners. With his wife Taylor Armstrong, he was a cast member for Bravo’s The Real Housewives of Beverly Hills, part of the network’s Real Housewives series.
On August 15, 2011, Russell Armstrong was found dead of an apparently suicide at a Los Angeles mansion on Mulholland Drive. Just one month earlier his wife Taylor Armstrong filed for divorce and claimed that she was physically abused by Russell. It has also been reported that Armstrong was distraught over the impending divorce and was having crushing financial troubles. Apparently Russell was drowning in a mountain of debt, to the point where his credit cards were being declined at restaurants. Armstrong has been in debt before, having to file for bankruptcy in 2005. At the time he claimed to have no more than $50,000 in assets and as much as $10 million in debt.