Chris Watts Net Worth
Chris Watts has an estimated negative net worth of –$6 million. Chris Watts is a Colorado man who committed familicide. According to CBS News, Watts had worked as an oil field operator at Anadarko Petroleum for about six months before the murders. His annual salary was about $60,000. His wife, Shanann worked from home selling MLM products. In 2014, their combined annual income was $90,000. However, at the time of the murders, they were $70,000 in debt in addition to their large mortgage.
Chris Watts murdered his wife, Shan’ann Watts, and their two young daughters, Bella, four, and Celeste, three, on August 13, 2018. Watts pleaded guilty to first-degree murder on multiple counts that November and was sentenced to life in prison without the possibility of parole. In 2019, Chris Watts agreed to pay $6 million in the civil suit to his wife’s family.
To calculate the net worth of Chris Watts, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||-$6 Million|
|Monthly Salary:||$5 Thousand|
|Annual Income:||$60 Thousand|
|Source of Wealth:||Oil field operator|
Marriage and Employment
Watts married Shan’ann Cathryn Rzucek (born January 10, 1984), 34, in 2012.
The Watts had been married for six years and had two young daughters, Bella Marie (b. 2013) and Celeste Cathryn (b. 2015), as well as a son on the way, whom they planned to name Niko Lee. Watts had moved to Frederick, Colorado, where he worked at Anadarko Petroleum and Shan’ann was a marketing representative.
In 2015, the couple declared bankruptcy.
Watts Family Murder
Shan’ann and Chris got into an argument in their Frederick, Colorado home after returning from a business trip in the early morning hours of August 13, 2018, when he admitted to having an affair and wanted a divorce. According to Chris’ confession to authorities, Shan’ann, who was 15 weeks pregnant with their son, threatened Chris, telling him he’d never see their daughters again, prompting him to strangle her to death.
Bella, four, reportedly approached her father after Shan’ann was killed and asked, “What are you doing with Mommy?”
Chris’ lawyer claims that Chris informed Bella that her mother was feeling ill and that they needed to take her to the hospital. He then drove Shan’ann’s body, as well as his two daughters, to his workplace, Anadarko Petroleum.
He smothered Celeste to death with her favorite blanket and pushed her body into an oil tank once he arrived. When he returned for Bella, who had witnessed him murder her younger sister, she begged her father, “Please, Daddy, don’t do to me what you just did to CeCe.”
Chris then murdered Bella and threw her body into another oil tank. Shan’ann was laid to rest in a grave on the property.
Confession, Charges and Sentencing
Shan’ann’s friend Nickole Atkinson, who had dropped her off from her business trip on August 13, contacted Chris and the local police department when she missed multiple appointments the next day.
Chris confessed to the murders on August 15, after failing a polygraph test, despite initially denying knowing where his wife was and claiming they were having marital problems. The next day, the bodies of Shan’ann, their unborn child, and their two daughters were discovered.
Chris was charged with first-degree murder on five counts (one count was added for each child under the age of 12), illegal termination of a pregnancy, and three counts of criminally disposing of deceased bodies on August 21.
Chris was sentenced to life in prison without the possibility of parole on November 19, 2018, after pleading guilty to the murders on November 6, 2018. The death penalty was not pursued by Shan’ann’s family.
Chris is currently serving five life sentences (three consecutive, two concurrent) and was transferred to Dodge Correctional Institution in Waupun, Wisconsin in December 2018.
Chris told investigators in February 2019 that he was sorry for the murders and had found God.
Chris’ mistress, Nichol Kessinger, 30, spoke publicly about their brief affair in November 2018.
According to Kessinger, the two had only recently met and became physically involved in July of that year. She claimed Chris told her he was going through a divorce and was finalizing financial details with his wife.
Kessinger began questioning Chris after learning that Shan’ann and their two daughters had gone missing. She contacted the local police department and fully cooperated with authorities, believing he was lying to her.
“I eventually told him that I didn’t want to speak to him again until his family was found,” she told The Denver Post.
“I just wanted to help,” Kessinger explained. With a pregnant woman and two children missing, I was willing to go to any length.”
Funeral for Shan’ann and Daughters
Shan’ann’s family — her mother, father, and brother — held funeral services for Shan’ann and her daughters on September 1, 2018, at a Catholic church in Pinehurst, North Carolina. Hundreds of people came to pay their respects, and thousands more watched the 90-minute service live on Facebook. Chris was never mentioned.
Related Lists of Celebrities’ Net Worth
- Businessmen Net Worth
- Actors Net Worth
- Authors Net Worth
- Athletes Net Worth
- Singers Net Worth
- Rappers Net Worth
- Politicians Net Worth
Who Are The 30 Richest People In The World?
The list of the world’s richest people can change from year to year, depending on their current net worth and financial performance. Here is the current list of the 30 richest people in the world, based on the latest Forbes list, and some interesting facts about each of them.