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HomeWealthJoel Osteen Net Worth, Royalties And Property He Owns

Joel Osteen Net Worth, Royalties And Property He Owns

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Joel Osteen Net Worth: 60 million

Date Of Birth: March 5, 1963

Wife: Victoria Osteen

Children: 2

His name is big in South Africa, Kenya and Uganda. He has a near fanatical following in Nigeria, the Gambia and the rest of Africa, where hope is fodder for survival. Joel Osteen is akin to a rockstar in the United States of America where he mesmerizes thousands who attend his sermons and millions of viewers around the world with his prosperity gospel. Financial Times (FT) writer, Edward Luce, summed Osteen’s Lakewood church as a place of “optimism, hope, destiny, harvest, bounty..”.

The 58 year old ‘smiling preacher’, according to Luce in the FT article titled “A preacher for Trump’s America: Joel Osteen and the prosperity gospel”, opines that’s Osteen: “practise his sermon for days until he gets it pitch perfect — when to turn to which camera to deliver the money line; which part of the stage to occupy at any given moment; when to vary his cadence; how to make the most of all the bling……”

Victoria Osteen
Joel Osteen And His Wife Victoria Osteen Who Is A Co-Pastor At Lakewood Church

Why Joel Osteen Message Dwells On The Positives
His sermons attract seven million viewers and an even higher number on satellite radio, podcasts and online streaming outlets. The same FT writer asked him why his sermons lacked message of sin and redemption he answered: “Look, I am a preacher’s son so I’m an optimist,”….. “Life already makes us feel guilty every day. If you keep laying shame on people, they get turned off.”

Joel Osteen Comes Under Criticism
His easy charm and electrifying sermons delivered almost effortlessly did not save Osteen from criticism after he failed to open doors of the 606,000-square-foot, 16,000-seat former basketball arena to victims of Hurricane Harvey. The bad publicity that followed forced Lakewood Church to allow victims of the flood to the facility.

Joel Osteen Net Worth, Royalties And Property He Owns
Joel Osteen Houston Home Valued At $10.7 Million By Zestimate

Osteen Mansion
His mansion betrays the amount of money the best selling author makes. According to Zillow, Joel Osteen house is worth $10.7m. The home has a swimming pool and parking lot that can accommodate 20 cars. The suburban Houston address has three elevators, parking lot that can accommodate 20 cars and a swimming pool.
His house is estimated at $10,798,091.

Cost of Osteen Ferrari 458 Italia
The man of cloth has among other cars, a $230,000 Ferrari 458 Italia.

Salary Of The Osteen And His Wife
Joel Osteen and his wife used to draw a salary of $200,000 from their megachurch.

How They Make Their Money
The couple makes tidy sum from royalties earned from their books. The son of a preacher has authored ten books that have topped the New York Times Best Seller List. Joel Osteen first book, Your Best Life Now: 7 Steps to Living at Your Full Potential, came out in 2004 and went on to became a best seller.

Some of his other notable titles include Become a Better You: 7 Keys to Improving Your Life Every Day (2007), I Declare: 31 Promises to Speak Over Your Life and the Every Day a Friday: How to Be Happier 7 Days a Week.

Lakewood Church Financial Records
In the year ending March 2017, the largest church in the US had an income of $89m, with 90 percent of this money coming from church followers.

Here is a breakdown of the church spending according to Houston Chronicle:

Weekly services and programs: $31.7 million
Night of Hope events: $6.7 million
TV ministry: $25.1 million
General and administrative: $11.5 million
Fundraising: $11.9 million
Mission and outreach: $1.2 million
Out of this income, only 1 per cent goes to charitable causes.

Net Worth
Joel Osteen net worth is $60million. Next