Age, Biography and Wiki

Toby McKenzie (Steve Allen McKenzie) was born on 11 June, 1953 in Cleveland, Tennessee, United States, is an American businessman, entrepreneur, and philanthropist. Discover Toby McKenzie's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 60 years old?

Popular As Steve Allen McKenzie
Occupation Businessman
Age 60 years old
Zodiac Sign Gemini
Born 11 June 1953
Birthday 11 June
Birthplace Cleveland, Tennessee, United States
Date of death 2 May 2013,
Died Place Cleveland, Tennessee, United States
Nationality United States

We recommend you to check the complete list of Famous People born on 11 June. He is a member of famous Businessman with the age 60 years old group.

Toby McKenzie Height, Weight & Measurements

At 60 years old, Toby McKenzie height not available right now. We will update Toby McKenzie's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Toby McKenzie Net Worth

His net worth has been growing significantly in 2019-2020. So, how much is Toby McKenzie worth at the age of 60 years old? Toby McKenzie’s income source is mostly from being a successful Businessman. He is from United States. We have estimated Toby McKenzie's net worth, money, salary, income, and assets.

Net Worth in 2020 $1 Million - $5 Million
Salary in 2019 Under Review
Net Worth in 2019 Pending
Salary in 2019 Under Review
House Not Available
Cars Not Available
Source of Income Businessman

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Timeline

2008

In December 2008, during the financial crisis of 2007–2008 and the beginning of the Great Recession, McKenzie filed for Chapter 11 Bankruptcy in the United States District Court in Chattanooga, Tennessee disclosing $151 million in debts and assets of over $100 million. He was then ordered to make $11.5 million in lease payments on defaulted properties. The following year he lost millions of his assets including an unfinished home.

2004

In 2004 he founded McKenzie Trucking & Leasing, a trucking company.

2000

In the early 2000s McKenzie began investing in real estate developments that he believed would increase in value by borrowing money from multiple banks. These included hundreds of acres of land in East Tennessee and over 100 businesses including a golf course in Ooltewah, bowling alley, a hotel in Sweetwater, a used car dealership and a shopping center on Paul Huff Parkway in Cleveland that was never built. These reckless investments would eventually lead to his bankruptcy.

1990

McKenzine made numerous donations to local schools and causes, including the United Way, Lee University, and Habitat for Humanity. In the late 1990s, McKenzie and his wife gave a donation of $2 million to the University of Tennessee at Chattanooga to help pay off the debt on the school's basketball arena, The Roundhouse. In 2000, the arena was renamed the McKenzie Arena. In 2000 McKenzie and his wife pledged $4 million to an athletic center that adjoins the Neyland-Thompson Sports Complex at The University of Tennessee in Knoxville. As a result of his bankruptcy McKenzie was unable to complete his pledge, and in 2009, his name was removed from the building.

1980

In the 1980s, McKenzie founded two rent-to-own businesses in Cleveland. In 1994 he founded the National Cash Advance, a payday loan company. He sold the company in 1999. At the time of its selling, the National Cash Advance included 550 stores nationwide.

1979

In 1979 McKenzie married businesswoman Brenda Lawson. They had two children, Ashley and Steve, Jr. They divorced in 2000. In 2006 he married Rebecca Harris.

1953

Steve Allen "Toby" McKenzie (June 11, 1953 – May 2, 2013) was an American businessman, entrepreneur, and philanthropist from Cleveland, Tennessee. He began his career by founding two rent-to-own businesses and later made his fortune after founding National Cash Advance. He later began investing in businesses and real estate speculations, and lost all of his assets as a result of the Great Recession.

McKenzie was born to Bob and Gail Bettis McKenzie in 1953 in Bradley County, Tennessee. He had one brother, Mark Patrick McKenzie. He attended Bradley Central High School, where he played football and baseball. He graduated in 1971. After high school, he took a job as a paperboy for the Chattanooga Times Free Press and the Cleveland Daily Banner.