Joel Osteen Net Worth
Joel Osteen Net Worth:
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What is Joel Osteen’s Net Worth and Salary?
Joel Osteen is an American preacher, televangelist, and author who has a net worth of $100 million. Joel Osteen is most famous for being the pastor of Lakewood Church in Houston, Texas. He has become a somewhat controversial figure due to his personal wealth and general advocacy of the “prosperity gospel.” His messages have been criticized for being too focused on individual enrichment and improvement. His mega-church in Houston is 600,000 square-foot former sports stadium that has a 17,000-person seating capacity.
Joel has not taken a salary from his church since 2005. His income and wealth is derived from book advances, book royalties, calendars, speaking fees and other merchandise.
He was born Joel Scott Osteen on March 5, 1963, in Houston, Texas. He is one of six children of John Osteen and Dolores Pilgrim. Osteen also has a half brother from his father’s previous marriage, who also lived with the family when Joel was growing up. Joel graduated from Humble High School in 1981 and went on to study radio and television communications at Oral Roberts University in Tulsa, Oklahoma. Osteen did not graduate.
Joel inherited the Lakewood Church and its television ministry from his father, who was a Southern Baptist pastor. He founded Lakewood’s television program and produced his father’s TV sermons for 17 years. In January 1999, his father John died of a heart attack. Two weeks after his father’s passing, Joel took over John’s role as a pastor and televangelist, despite having very little formal religious training. In 2003, Lakewood acquired the Compaq Center, which was the former home of the NBA Houston Rockets basketball team. Renovations took 15 months and cost over $105 million. Their grand opening was attended by 56,000 people and included famous guests such as the Governor of Texas, Rick Perry, and Speaker of the House Nancy Pelosi. In 2006, Osteen made it on Barbara Walters’s list of 10 Most Fascinating People. By 2008, the church’s weekly service TV stream was being viewed in more than 100 countries. Joel and his family were invited to attend the Easter breakfast hosted by President Barack Obama at the White House in 2010.
Since then, the Lakewood Church broadcast has grown exponentially and can be seen in 100 different countries. Joel has expanded both the church and the TV ministry around the globe. The church welcomes more than 50,000 parishioners every week. Osteen’s weekly TV sermons are seen by an average of 7 million people per week and 20 million per month. Although he holds no formal degree, he honed his preaching skills to perfection under his father’s guidance. As for preparation for his sermons, Osteen memorizes his speeches and then listens back to himself on tape. Osteen has remarked that he tries to teach Biblical principles in a simple and straightforward way, focusing on the power of love and a positive attitude.DOWNLOAD AUDIO/MP3