Joel Osteen’s Net worth: American televangelist, author, and preacher Joel Osteen have a $100 million fortune. In Houston, Texas, Joel Osteen is most known for leading Lakewood Church. Due to his personal fortune and widespread promotion of the “prosperity gospel,” he has gained some notoriety.
His messages have drawn flak for being overly centered on personal growth and betterment. His mega-church in Houston is a 600,000-square-foot former sports arena with seating for 17,000 people. Since 2005, Joel hasn’t collected a paycheck from his church. His book advances, book royalties, calendar sales, speaking engagement fees, and other goods all contribute to his wealth.
|Net Worth:||$100 Million|
|Date of Birth:||Mar 5, 1963 (59 years old)|
|Height:||5 ft 11 in (1.82 m)|
|Profession:||Writer, Televangelist, Pastor, Author, Evangelist, Preacher|
|Nationality:||United States of America|
Joel Osteen Early Life
On March 5, 1963, in Houston, Texas, Joel Scott Osteen was born. He is one of John Osteen and Dolores Pilgrim’s six children. During Joel’s formative years, the household also included Osteen’s half-brother from his father’s first marriage.
Don’t be discouraged when you’re underestimated; embrace it. God put you in that position to show Himself strong. When you defy the odds, everyone will know His favor is on your life.
— Joel Osteen (@JoelOsteen) June 26, 2022
Joel attended Oral Roberts University in Tulsa, Oklahoma after graduating from Humble High School in 1981 to pursue a degree in radio and television communications. Osteen didn’t earn a degree.
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Joel Osteen Career
Joel’s father, a Southern Baptist minister, left him the Lakewood Church and its television ministry. He created the Lakewood television programme and for 17 years oversaw the production of his father’s TV sermons. His father John passed away after a heart attack in January 1999.
Joel, who had received very little formal religious instruction, took over John’s position as a pastor and televangelist two weeks following his father’s passing. The previous home of the NBA Houston Rockets basketball team, the Compaq Center, was purchased by Lakewood in 2003.
The 15-month project cost more than $105 million. In addition to notable visitors including Speaker of the House Nancy Pelosi and Texas Governor Rick Perry, 56,000 people attended their grand opening. Osteen was included in Barbara Walters’ list of the 10 Most Fascinating People in 2006.
More than 100 nations were watching the church’s weekly TV service as of 2008. In 2010, President Barack Obama welcomed Joel and his family to the Easter luncheon that was held at the White House. Since then, the Lakewood Church broadcast has rapidly expanded and is now available in 100 nations.
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Joel has increased the reach of the TV ministry and the church internationally. Every week, the church receives more than 50,000 visitors. An average of 7 million people each week and 20 million per month watch Osteen’s weekly TV sermons.
He doesn’t have a formal degree, but with the help of his father, he has perfected his preaching abilities. When it comes to preparing for his sermons, Osteen memorizes his remarks and then records himself speaking. According to Osteen, he strives to teach biblical ideas in an easy-to-understand manner, emphasizing the importance of love and having a positive outlook.
Joel Osteen As Author
“Your Best Life Now,” Joel’s debut book, was published in 2004. It was promoted as a book about positive thinking, and it spent 200 weeks at the top of the New York Times Best Seller list. Joel has been able to spread his message of “living at your full potential” to sold-out sporting venues all over the world because to the success of this book and his sermons.
The preacher reportedly received more than $13 million in advances and royalties for his second book, “Become A Better You,” which was published in 2005 and sold 4 million copies. In support of his book, Osteen travelled to 15 cities in the United States in 2005, where he gave sermons to throngs of people. Osteen was reportedly cited by John McCain as his favourite inspirational accolade. Over the course of his career, Joel Osteen has authored 15 books.
On April 4, 1987, Osteen married Victoria IIoff, a co-pastor at Lakewood Church. The couple is the parents of two kids. Both of Osteen’s younger sister and siblings work full-time in the ministry. Osteen often stays away from speaking on divisive and political topics like gay marriage and abortion, but he has said that the church can occasionally focus too much on one issue to the exclusion of others.
He’s made it clear that he disapproves of homophobia. Additionally, Osteen has declared his support for Israel. The American Dollar, a band, sued Osteen and Lakewood Church in 2011 for copyright infringement. Osteen won the judge’s approval.
Hurricane Harvey Response
Osteen faced harsh criticism in August 2017 for failing to make Lakewood Church available as an emergency shelter in the immediate wake of Hurricane Harvey. The 606,000 square foot structure was formerly a basketball arena.
Osteen refuted the announcement by saying that the church had never closed. Initially, posts from the church said that the structure was useless due to significant flooding. On the evening of August 28, Lakewood made the announcement that they will be open at noon the next day as a refuge for victims and first responders.
The following year, Houston Mayor Sylvester Turner declared a day to recognize Osteen and Lakewood Church’s support of the city’s reconstruction efforts. The mayor reported that 2,500 volunteers from Lakewood Church’s membership assisted more than 1,150 Houston families and donated $1.1 million for reconstruction materials.
Salary and Personal Wealth
The combined annual revenue from Joel Osteen’s book sales, radio programme, speaking engagements, and church collection is said to be more than $70 million. Joel asserts that one should not feel guilty for having a lot of material wealth when questioned about his high salary. Instead, he holds that one should merely give thanks and praise to God for the prosperity that has been obtained. He says he doesn’t receive pay from the church.
Joel Osteen House
Social media critics frequently bring up the fact that Joel, Victoria Osteen, and their kids reside in a 17,000 square foot estate in the outskirts of Houston. According to reports, the Osteens bought the house in 2010 for $10.5 million. The house is worth $14–$16 million, according to Zillow. They still own a former house in Houston that is thought to be worth $3 million.