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|
|Age||60 years old|
|Born||11 June 1953|
|Birthplace||Cleveland, Tennessee, United States|
|Date of death||2 May 2013,|
|Died Place||Cleveland, Tennessee, 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.
|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.
Toby McKenzie Net Worth
His net worth has been growing significantly in 2021-2022. 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 2022||$1 Million - $5 Million|
|Salary in 2022||Under Review|
|Net Worth in 2021||Pending|
|Salary in 2021||Under Review|
|Source of Income||Businessman|
Toby McKenzie Social Network
|Toby McKenzie Twitter|
|Toby McKenzie Facebook|
|Wikipedia||Toby McKenzie Wikipedia|
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.
In 2004 he founded McKenzie Trucking & Leasing, a trucking company.
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.
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.
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.
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.