Jim Bakker is a well-known televangelist from America who is a former host of the evangelical Christian TV program called ‘The PTL Club’ and is also a former minister of Assemblies of God. Bakker is a convicted fraud who was accused of rape by his secretary. He has also got frauds in accounting which led him to imprisonment. This made him resign from the ministry. Now let’s have a close look on Jim Bakker’s net worth in 2020.
James Orsen Bakker was born in Muskegon, Michigan, on January 2, 1940, to his parents Raleigh Bakker and Furnia Lynette “Furn” Irwin.
He went to the Bible College, North Central University which was affiliated to the Assemblies of God.
In 1961, Jim Bakker got married to Tamara Faye LaValley. The couple has two children named Tammy Sue “Sissy” Bakker Chapman and Jamie Charles “Jay” Bakker, born in 1970 and 1975 respectively. They divorced in 1992. In 1998, he got married to Lori Beth Graham. They have adopted five children.
He was lead to criminal charges after he sold lifetime memberships from 1984 to 1987. He sold exclusive partnerships and became an embezzler. He was sentenced to 45 years in federal prison with a fine of $500,000 in August 1989. In 1992, his sentence was reduced to 8 years. In 1994, Bakker was released from the custody of Federal Bureau of Prisons.
Jim Bakker began working in the Christian Broadcasting Network of Pat Robertson from 1966. He has greatly contributed to the growth of the network. He has also assisted in making The 700 Club as one of the most successful and longest-running televangelism programs. Following that, he became the host of ‘The Jim and Tammy Show’.
In the 1980s, he built a theme park in Fort Mill, South Carolina called ‘heritage USA’. It is used to distribute network 24 hours in a day for the entire country. This became a success and there were contributions of almost $1 million in a week. However, in 1987, he was dismissed as Assemblies of God’s minister following the allegation in The PTL Club.
After getting released from the prison, Jim Bakker started broadcasting Studio City Café’s ‘Jim Bakker Show’ in 2003. It later got carried through CTN and Daystar networks. In his program, he pitches about the end of days.
In 2013, he authored a book entitled ‘Time Has Come: How to Prepare Now for Epic Events Ahead’. His ministry is now located in Dallas Metro area in a 2.4 km2 location.
Awards & Achievements
Jim Bakker has not won an award in his career. One of his biggest career achievements is to be a televangelist and to successfully broadcast his program across the country.
Net Worth of Jim Bakker
Jim Bakker has an estimated net worth of more than $750 thousand. Although he led in the growth of the Christian Broadcasting Network, his career halted after he got convicted. After getting released, he successfully started ‘Jim Bakker Show’ and has reformed his ministry. He has also penned several books including ‘I Was Wrong’ in 1996. He still owes around $6 million to the IRS. He made huge frauds when in PTL as he was solely responsible for making financial decisions.
Jim Bakker is considered one of the most popular televangelists in the world. Despite getting incarcerated, he made a successful return and has written many books. His son Jay is the minister of Revolution Church. He has regretted his doings and has published it in his book in 1996. Jim Bakker regularly tones about survival food for selling it to his audience.