Tyrone Gilliams is a former basketball player who played for the University of Pennsylvania and later formed his commodities trading firm called ‘TLG, TL Gilliams, LLC. Gilliams is best known for dating Sheree Whitfield, who stars on Real Housewives of Orange County. In 2013, he was given a ten-year prison term for his part in the Ponzi scheme. After 8 years in jail, he was let out.
Now Tyrone started working as a promoter and commodity trader. As a former American basketball player turned promoter and trader, Gilliams has not only diversified his career but has also amassed substantial wealth along the way. Keep reading as we delve into the details of his net worth in 2023 and explore the twists and turns of his compelling story.
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What Is Tyrone Gilliams Net Worth In 2023?
According to Sources, Tyrone Gilliams has an estimated net worth of around $1 million in 2023. After being given a 10-year federal prison term, he had to pay the accusers $5 million. With the $1.5 million, Gilliams also put together a gospel concert, a food giveaway for 5,000 people, a children’s event at the Convention Center, a bowling party, and a record release party with Jamie Foxx.
Tyrone Gilliams: Early Life
Tyrone Gillams was born in the United States of America. No one knows his exact birthday or age yet. He is said to be between 45 and 50 years old. His dad is a pastor in Philadelphia, and he attended his sentencing in 2013. He finished high school and college and then quit playing hoops. He has never said what high school he went to. Still, Gilliams did go to the University of Pennsylvania, which is where he began his career as a professional basketball player.
Tyrone Gilliams: Career
Tyrone Gilliams’ career as an American professional basketball player started in the 1980s when he joined the University of Pennsylvania basketball team. People knew Gillams as a great player and team leader in scoring at the University of Pennsylvania. But he only played for three years before he quit being a competitive basketball player. Tyrone Gilliams played for the team from 1987 to 1990 and then left.
After retiring as a professional basketball player, Gilliams and Everette Scott Jr. started a business selling goods. TL Gilliams, LLC is the name of the company. He also worked as an artist promoter for rappers and hip-hop acts.
In 2013, Tyrone Gilliams faced ten years in jail for wire fraud. TL Gillams, LLC’s co-founder and his lawyer were both found guilty of taking $5 million from investors. Gilliams told his clients they would get substantial weekly returns of up to 5 per cent. He said he would make a U.S. Treasury STRIPS Trading program to buy a lot of STRIPS with money from investors.
He also told them there was almost no danger in the investment. But he used the money to start a gold business, buy a building in Denver, fix his house, and promote a comedy show in the Bahamas.
The United States District Judge Deborah Batts gave a 10-year sentence, less than what the U.S. Probation Office said should be done. Two and a half years less time than the minimum sentence suggested by federal sentencing rules was given. As part of his sentence, Gilliams had to repay the owners the money they had given him.
Tyrone Gilliams: Personal Life
Tyrone Gilliams current relationship status is not publicly disclosed. Previously, he was in a relationship with Sheree Whitfield, the renowned star of Real Housewives of Atlanta. Unfortunately, the two lovebirds did not proceed to marriage, attributing the breakup to challenges in maintaining a long-distance relationship.
Before her relationship with Gilliams, Whitfield was involved with Bob Whitfield, with whom she shares a child. Currently, Whitfield is romantically linked with Martell Holt, a star from Love & Marriage: Huntsville. As for Tyrone Gilliams, he has not been publicly seen with any woman following his breakup with Sheree Whitfield.
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