Jim Bakker is a very popular televangelist from the United States and is a former host of an evangelical Christian TV program that was titled ‘The PTL Club.’ He is a retired minister of the Assemblies of God and has been convicted of fraud. He was found guilty of fraud in accounting that led him to be imprisoned. Bakker rose to popularity for building The Heritage USA which is located in Fort Mill, South Carolina. Keep on reading to learn more on the net worth and earnings of Jim Bakker in 2018.
Early Life & Biography
James Orsen Bakker was conceived in Muskegon, Michigan and is the son of Furnia Lynette and Bakker Raleigh. He schooled at the North Central University, which has been affiliated to Assemblies of God and it was located in Minneapolis. Also, he also worked at a restaurant in the Young Quinlan department store located in the Minneapolis.
The first time he faced criminal charges was after the sale of the lifetime memberships from the year 1984 to the year 1987. He had sold exclusive partnerships and became a well-known figure as an embezzler. He got to be sentenced to forty-five years in the federal prison with an additional fine of $500,000 in 1989. In the year 1992, the sentence was later reduced to eight years, and in 1994, he was released from the custody of the Federal Bureau of Prisons.
He got married to Tammy Faye, who worked at the Three Sisters, which was a nearby boutique. The couple was blessed with two children: Bakker Chapman and Jamie Bakker. The couple got divorced in 1992, and six years later, Jim got married to Lori Beth Graham. Their marriage occurred exactly fifty days after they met.
Career, Awards & Nominations
Jim Bakker started working in Christian Broadcasting Network of the Pat Robertson from the year 1966. He has contributed greatly to the growth of the network. Jim has assisted in making The 700 Club as among the most successful and also longest running TV programs.
Following that, he rose to become the host of ‘Jim and Tammy Show.’ In the 1980s, Bakker built a theme park which was located in the Fort Mill, South Carolina known as ‘heritage USA.’ It has been used to distribute the network 24 hours a day for the entire country. It was quite a successful venture, and the contributions amounted to $1 million every week.
Despite all this success, in the year 1987, he was dismissed as minister of the Gospel aligned to the Assemblies of God after allegations emerged in PTL Club. After he was released from prison, Jim Bakker began broadcasting Studio City Café’s known as ‘Jim Bakker Show’ in the year 2003. It was later carried through the CTN and the Daystar Networks. In the program, he pitched about the end that was coming in a few days. Bakker has authored several books among them including ‘Time Has Come: How to Prepare Now for the Epic Events Ahead.’ His ministry is usually located in the Dallas Metro.
Net Worth & Earnings
Jim Bakker net worth is estimated to be over $1 million. Despite him contributing greatly to the growth of Christian Broadcasting Network (CBN), his career would get halted after he became a convicted person. After he was released from prison that was when he began ‘Jim Bakker Show’ and had gone on to reform his ministry. He has several books under his name, and he still owes $6 million to Internal Revenue Service (IRS).
Jim has been considered to be among the most known televangelists in the world. Despite him getting incarcerated, he has made a very good return and gone on to write several books. His son by the name Jay is a minister of the gospel at the Revolution Church.