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Joel Osteen Net Worth: What Does Lakewood Church Do With Its Money?

Joel Scott Osteen, better known as Joel Osteen, was born to John Osteen and Dolores Pilgrim on March 5, 1963, in Texas, United States. Joel was one of five children. His father founded the Lakewood Church as a previous pastor.

He went to Humble High School to finish his education and graduated in 1981. He subsequently moved to Oral Roberts University in Oklahoma to get his bachelor’s degree.

Joel became the prominent pastor of the Lakewood church when his father died in 1999. He was recently linked to a scandal after a plumber discovered $600,000 in cash heaped between the walls of Joel Osteen’s home.

Childhood

Joel Scott Osteen was born in Texas on March 5, 1963. John Osteen and Dolores Pilgrim were his parents. He has a total of five siblings. His father founded the Lakewood Church as a previous pastor.

Joel earned his secondary school diploma from Humble High School in 1981. He subsequently went to Oral Roberts University in Oklahoma to get his bachelor’s degree.
Joel enrolled in a communications course, but he never finished it.

Joel Osteen Net Worth: What Does Lakewood Church Do With Its Money?

Pastor John Osteen, a television channel he started, televised his father’s sermons. Joel became the prominent pastor of the Lakewood church when his father died in 1999.

Joel Osteen’s Career

Joel’s father, a Southern Baptist minister, left him the Lakewood Church and its television ministry. For 17 years, he developed Lakewood’s television program and produced his father’s televised sermons. His father, John, died of a heart attack in January 1999.

Joel took up John’s job as a pastor and televangelist two weeks after his father died, despite having no official theological training. Lakewood purchased the Compaq Center, the former home of the NBA Houston Rockets basketball franchise, in 2003. The project took 15 months and cost more than $105 million.

The formal opening was attended by 56,000 people, including notable dignitaries such as Texas Governor Rick Perry and House Speaker Nancy Pelosi. Osteen was named one of Barbara Walters’ 10 Most Fascinating People in 2006.

The church’s weekly service TV feed was seen in over 100 countries by 2008. In 2010, Joel and his family were invited to President Barack Obama’s Easter brunch at the White House.

Since then, the Lakewood Church broadcast has increased and can now be watched in over 100 countries. Joel has taken his church and television ministry all across the world. Every week, the church hosts around 50,000 parishioners.

The average number of people who watch Osteen’s weekly TV sermons is 7 million per week and 20 million per month. Even though he has no formal education, his father helped him polish his preaching talents.

Joel Osteen Net Worth: What Does Lakewood Church Do With Its Money?

Osteen prepares his sermons by memorizing them and listening to himself on tape. Osteen has stated that he strives to teach Biblical ideas directly and essentially, emphasizing the need for love and a happy mindset.

Highlights

Here are some of Joel Osteen’s most memorable moments:

  • Now is the Time to Live Your Best Life: 7 Steps to Realizing Your Full Potential (Autobiography, 2004)
  • A Road Trip with Alexandra Pelosi, Friends of God (Documentary, 2007)
  • 7 Steps to a Better You: Improving Your Life Every Day (Autobiography, 2007)
  • Artistic Expressions (Documentary, 2014)
  • The Star (Movie, 2017)

Author: Joel Osteen

Joel Osteen has amassed a fortune through book royalties. He has published 15 novels so far in his career.

In 2004, Osteen released his first book, “Your Best Life Now.” The New York Times Best Seller list ranked the book at number one.

Joel Osteen Net Worth: What Does Lakewood Church Do With Its Money?

In 2007, his second book, “Become a Better You,” grossed $13 million after selling over 4 million copies.

His other works include:

  • Each Morning Is the Start of Your Best Life (2008)
  • It’s your turn now (2009)
  • It’s Friday every day (2011)
  • You can and will do it (2014)
  • Better Thinking, Better Living (2016)
  • In the Darkness, Blessed (2017)
  • Favoritism’s Influence (2019)
  • The Mindset of Abundance (2020)
  • Peaceful by Design (2021)

Sources of Income

Joel Osteen makes money through a variety of sources. He gets this by preaching at other churches, including his own Lakewood Church, as a celebrity pastor.

His church has a $70 million annual budget. His church’s television program, which incorporates his sermons, has millions of viewers worldwide, which helps him earn money.

In addition, he makes a lot of money from the books he has written. His books were reportedly best-sellers. He has also been in a few television episodes in which he has done his part, which has helped him earn money.

Joel Osteen’s Personal Life

On April 4, 1987, Osteen married Victoria IIoff, a co-pastor at Lakewood Church. The couple is the parents of two children. Osteen’s older siblings and younger sister are full-time ministers as well.

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Osteen typically avoids speaking on contentious political subjects such as gay marriage and abortion. However, he has remarked that the church may often get unduly focused on one issue to exclude others. He has declared that homophobia is not acceptable.

In addition, Osteen has voiced his support for Israel. In 2011, the band The American Dollar sued Osteen and Lakewood Church for copyright infringement. Osteen was found not guilty by a court.

What is Joel Osteen’s net worth?

Joel Osteen is a $100 million-plus preacher, televangelist, and author from the United States. Joel Osteen is most known for being the pastor of Houston’s Lakewood Church. Due to his wealth and broad endorsement of the “prosperity gospel,” he has become a somewhat divisive figure.

His messages have been chastised for overly focused on personal development and growth. His mega-church in Houston is a 600,000-square-foot former sports stadium with a seating capacity of 17,000 people.

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Since 2005, Joel has not accepted a salary from his church. Book advances, royalties, calendars, speaking fees, and other goods provide him with money and fortune.

Famous Joel Osteen Quotes

  • The way you live your life will be determined by your decision to be positive and thankful.
  • When God created you, He didn’t make a mistake. You must perceive yourself through God’s eyes.
  • By adjusting your words, you can transform your world… Remember that the tongue has the power to kill or to save.
  • God ensures that you are always blessed abundantly when you focus on being a blessing.

What Does Lakewood Church Do With Its Money?

“Lakewood Church provided us with $20,000 in 2014 to work on this case. They opted to give us those monies for activities in 2016.

Today, we’re giving this Good Samaritan the same (amount) of money and wishing him and his family a happy holiday season.” Rania Mankarious, the CEO of Crime Stoppers, said in a statement.

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Stephen Brown
I'm a skilled and imaginative copywriter, content producer, and multi-channel editor. I also create goods. I've project supervised books on rock music, popular science, cinema, and history in addition to editing volumes on Michelangelo and American art. There is a tonne of history. My recent forays into philosophy and literature have broadened both my intellect and my product line.
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