Emily Compagno’s husband, Peter Riley, filed for bankruptcy following significant real estate losses. When his business partner was discovered embezzling millions from their company’s funds, his problems began.
After a year of dating, Emily and Peter, who had known each other since childhood, got married in 2018.
Overspending and poor investments are the main causes of Peter’s financial difficulties. Previously Worth at over $8 million, he led an extravagant lifestyle.
Splurging on expensive merchandise, taking private planes, and accruing monthly expenses of approximately $100,000. He was unable to cover the expenses when his firm failed.
Additionally, Riley invested $8.1 million in Atlanta, intending to develop it into a residential apartment. However, this venture failed, and he later sold the property for only $4 million, resulting in substantial financial losses.
Facing these debts, Peter Riley filed for Chapter 11 bankruptcy, claiming $2 million in assets against $5 million in liabilities. Ultimately, his bankruptcy was converted to Chapter 7 liquidation, forcing him to sell most of his assets.
Who is Emily Compagno’s Husband?
| Full Name | Peter Joseph Riley |
| Net Worth | $500,000 |
| Annual Income | $110,000 |
| Occupation | Real Estate Broker |
| Date of Birth | 26 December 1978 |
| Height | 6′ 0″ (185 cm) |
| Ethnicity | Irish-American |
Peter Riley’s Losses
Peter Riley, Emily Compagno’s husband, filed for bankruptcy under Chapter 7 in the U.S. Bankruptcy Court for the Western District of Washington.
His real estate business suffered major losses after his partner secretly stole millions by making false purchase agreements or various real estate properties.
The losses were so significant that the business couldn’t continue, leaving Riley personally liable for the debts.
As of today, Riley only has just under $80,000 left in his bank account and might have to depend on his wife Emily Compagno for a while.
Emily Compagno and her husband Peter Riley are currently staying at their $6 million mansion in Virginia. They each own 50% of the property and luckily it is not on any mortgage.
FAQs
Yes, Emily Compagno is married to Peter Riley, a former data analyst and current real estate agent.
No. As of today, Emily Compagno and her husband Peter Riley do not have any children.
No. While Emily Compagno comes from a military family. She participated in the Air Force Reserve Officer Training Corps (ROTC) while attending the University of Washington but ultimately decided to pursue a legal career instead.
Fox News host Emily Compagno’s husband Peter Riley owns a Mercedes Maybach and a Range Rover.