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Jim Bakker Net Worth 2021
When it comes to televangelists, Jim Bakker has made quite the name for himself. He is not only a famous pastor, but also an author. This has helped him build up a substantial net worth.
In addition to his wealth, he has also been involved in a number of scandals and controversies over the years. In addition to that, he has also been convicted of fraud and conspiracy.
He has a net worth of around $500 thousand, and his earnings are from various sources, including his tv show The Jim Bakker Show. He has also been in the news for his statements and conspiracies, which have caused him to be largely dismissed by the Christian community and the mainstream media.
How He Got Rich
In 1966, Jim Bakker and his wife, Tammy Faye, started their career in teleevangelism with Pat Robertson’s Christian Broadcasting Network. The couple produced several television advertisements and short films that helped them to grow the network, as well as earn an estimated $50,000.
They also contributed to the growth of the network by hosting the popular show “The 700 Club” which became one of the most successful televangelism shows of the early 1970s. They also built the PTL headquarters in Fort Mill, South Carolina as well as the Heritage USA theme park in the same area.
The PTL Club ran for several years, and it was a huge success with its viewers. It raised millions of dollars for the church and its ministry.
But, in 1987, a sexual misconduct controversy erupted. This led to a federal investigation that ultimately resulted in him being sentenced to 45 years in prison. After spending time in prison, Bakker resumed his televangelism career with his own show and with the help of his new wife, Lori Beth Graham.
This sparked controversy and prompted many people to question the authenticity of his ministry. Nonetheless, it also resulted in him gaining a new following of followers and increasing his wealth.
As a result, he has become one of the wealthiest pastors in America. In fact, he ranks among the top three on Beliefnet’s list of the wealthiest American pastors.
He has a net worth over $500 thousand and is considered to be the richest American televangelist in history. His income comes from a variety of sources, including his show The Jim Bakker Show and his publishing company Morningside Productions Inc.
The philanthropic Bakker has also given away thousands of millions of dollars to causes such as the Children’s Hospital in Los Angeles, the AIDS Research Institute in California, and the National Park Foundation. He has also sponsored many sports teams and charity events throughout his career.
Besides his work as a televangelist, he has also written a number of books, most of which have been controversial or scandalous. He has also been accused of peddling conspiracy theories and crazed religious beliefs, such as the idea that Hurricane Harvey was God’s judgment or that Barack Obama caused Hurricane Matthew.