Jim Bakker Net Worth
Jim Bakker net worth: Jim Bakker is an American televangelist, minister, and television personality who has a net worth of $500 thousand. Jim Bakker was born in Muskegon, Michigan in January 1940. He was an Assembles of God minister and hosted the evangelical Christian television series The PTL Club with his ex-wife Tammy Faye Bakker. Bakker worked at Pat Robertson's Christian Broadcasting Network and created the Praise the Lord show for the new Trinity Broadcasting Network. At the peak of their power, Jim and Tammy Faye were bringing in $1 million every week in viewer contributions to their ministry. The proceeds were supposed to help expand their theme park and the PTL's mission. Jim and Tammy Faye started living a lavish life replete with luxury cars, jewelry, private planes and mansions. Years later an IRS report would show that $1.3 million worth of ministry funds between 1980 and 1983 alone were set aside for Jim and Tammy's personal use. That's around $4 million in today's dollars. It was later proved that Bakker stole additional millions in the late 80s to fund his lifestyle. He also was later alleged to have paid off a woman he allegedly raped, Jessica Hahn, with ministry funds. The PTL Club's fundraising eventually came under suspicion and Bakker was later indicted on 15 counts of wire fraud, eight counts of mail fraud, and one count of conspiracy. He was found guilty of all counts and sentenced to 45 years in federal prison with a fine of $500 thousand. Jim divorced Tammy Faye in 1992 and married Lori Graham in 1998. He was forced to resign from the ministry due to a sex scandal but later returned to televangelism. Bakker authored the book Time Has Come: How to Prepare Now for Epic Events Ahead in 2013.