Abby Lee Miller Net Worth 2017: How Much Is 'Dance Moms' Star Worth?
While Abby Lee Miller's dance career has made her fabulously rich, her money might have also been the cause of her recent downfall. Find out what the Abby Lee Dance Company (ALDC) founder is worth, and how her recent legal troubles can impact this figure.
Miller, 50 years old, is an American dance instructor and the director and owner of Reign Dance Productions, previously called the Maryen Lorrain Dance Studio. She was 14 years old when she started the Abby Lee Dance Company within her mother's dance studio, and has since skyrocketed to fame when she began to appear in Lifetime's reality TV show "Dance Moms," which premiered in 2011, according to Wikipedia.
With her studio and earnings brought in by seven seasons of "Dance Moms," Miller's net worth has been estimated at $2 million, as determined by Celebrity Net Worth. Recently, Miller's legal issues have an unknown impact in this figure. Her legal problems stemmed from her 2010 bankruptcy filing, before "Dance Moms" came on air, after having owed taxes in excess of $400,000, according to the International Business Times.
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In October of 2015, Miller was charged with fraud for concealing $755,000 in a secret bank account made in 2012. The money came from her income from TV deals, merchandise, and masterclasses, and Miller has failed to declare them as part of her bankruptcy declarations, for a total of 20 counts of bankruptcy fraud and related charges.
If Miller is found guilty, she could face fines worth $250,000 for each of the 20 counts charged against her — for a total of $5 million in penalties, more than twice her assessed net worth. This is on top of the two-and-a-half-year prison term that she is facing if she is sentenced.
As of this time, Abby Lee Miller's sentencing has been moved, again, to May 8, 2017, according to Deadline.
